Streetbeat News

Analyst Ratings

ORCL

Morgan Stanley analyst Keith Weiss maintains an Equal-Weight rating on Oracle (NYSE:ORCL) and raises the price target from $105 to $106.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:58 pm

MGM

Morgan Stanley analyst Stephen Grambling has maintained an Equal-Weight rating on MGM Resorts Intl (NYSE:MGM) but lowered the price target from $46 to $45.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:57 pm

NYMT

PMT

TWO

The most accurate Wall Street analysts have recommended holding three high-dividend yielding financial stocks: New York Mortgage Trust, Inc. (NASDAQ:NYMT), Two Harbors Investment Corp. (NYSE:TWO), and PennyMac Mortgage Investment Trust (NYSE:PMT). All three companies recently reported worse-than-expected Q2 financial results.

Portfolio Pulse from Lisa Levin

September 12, 2023 | 12:56 pm

LVS

Morgan Stanley analyst Stephen Grambling has maintained an Overweight rating on Las Vegas Sands (NYSE:LVS) but lowered the price target from $70 to $68.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:56 pm

JPM

Morgan Stanley analyst Betsy Graseck has maintained an 'Overweight' rating on JPMorgan Chase (NYSE:JPM) and raised the price target from $173 to $179.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:55 pm

ACN

Morgan Stanley analyst James Faucette maintains an Overweight rating on Accenture (NYSE:ACN) and raises the price target from $340 to $355.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:55 pm

SGHT

Sight Sciences Inc's stock fell after the company issued Q3 revenue guidance below estimates and cut FY23 revenue guidance. The company attributed the sales decline to impacts from proposed local coverage determinations (LCDs) that classified its OMNI device as investigational for glaucoma treatment. The uncertainty has led to decreases in new accounts and year-over-year declines in utilization from existing accounts. William Blair downgraded the stock to Market Perform from Outperform due to lingering concerns related to the proposed LCDs.

Portfolio Pulse from Vandana Singh

September 12, 2023 | 12:54 pm

ADBE

Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Adobe (NASDAQ:ADBE) and raised the price target from $600 to $625.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:52 pm

UDR

Wells Fargo analyst James Feldman has maintained an Overweight rating on UDR (NYSE:UDR) but lowered the price target from $44.5 to $42.5.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:51 pm

ADBE

AU

CTAS

CTRE

ENPH

FDX

IAG

IDYA

ORCL

RTX

SGHT

Several analyst forecasts were released on Tuesday, with notable changes in price targets for various companies. CareTrust REIT, Adobe, Sight Sciences, IAMGOLD Corporation, RTX Corporation, Cintas Corporation, AngloGold Ashanti Limited, Enphase Energy, Oracle Corporation, FedEx Corporation, and IDEAYA Biosciences were all mentioned. The changes in price targets were accompanied by upgrades or downgrades in stock ratings.

Portfolio Pulse from Lisa Levin

September 12, 2023 | 12:49 pm