Streetbeat News

Analyst Ratings

SMTC

Needham analyst Quinn Bolton has reiterated a 'Buy' rating on Semtech (NASDAQ:SMTC) and maintained a price target of $35.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 11:41 am

CHPT

Needham analyst Chris Pierce maintains a 'Buy' rating on ChargePoint Holdings (NYSE:CHPT) but lowers the price target from $13 to $9.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 11:40 am

AAPL

Apple Inc.'s shares fell over 2% in premarket trading due to two developments. Firstly, Huawei launched a faster smartphone, Mate 60 Pro, which could lead to Apple losing 10 million iPhone shipments in 2024, according to an Oppenheimer analyst. Secondly, China plans to expand a ban on the use of iPhones in government offices, state companies, and government-backed agencies.

Portfolio Pulse from Shanthi Rexaline

September 07, 2023 | 11:40 am

AKAM

Raymond James analyst Frank Louthan maintains an 'Outperform' rating on Akamai Techs (NASDAQ:AKAM) and raises the price target from $110 to $115.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 11:38 am

WLY

John Wiley & Sons (NYSE:WLY) reported Q1 earnings of $0.27 per share, beating the analyst consensus estimate of $(0.06) by 550 percent. This is a 25 percent decrease from the same period last year. The company also reported quarterly sales of $451.00 million, beating the analyst consensus estimate of $360.90 million by 24.97 percent, but a 7.50 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 11:32 am

GOOS

Raymond James analyst Rick Paterson has initiated coverage on Canada Goose Holdings with an Outperform rating and a price target of C$26.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 11:27 am

MEI

Methode Electronics (NYSE:MEI) reported Q1 earnings of $0.06 per share, missing the analyst consensus estimate of $0.23 by 73.91%. This is a 89.66% decrease from the same period last year. However, the company reported quarterly sales of $289.70 million, beating the analyst consensus estimate of $287.75 million by 0.68%. This is a 2.58% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 11:01 am

VRNT

Needham analyst Ryan MacDonald has maintained a 'Buy' rating on Verint Systems (NASDAQ:VRNT) but lowered the price target from $50 to $40.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:56 am

MNRO

Wells Fargo analyst David Lantz has initiated coverage on Monro (NASDAQ:MNRO) with an Equal-Weight rating and a price target of $35.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:54 am

BAM

B of A Securities has initiated coverage on Brookfield Asset Management (NYSE:BAM) with a neutral rating and a price target of $40.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:53 am