Streetbeat News

Analyst Ratings

OLLI

Truist Securities analyst Scot Ciccarelli has maintained a 'Hold' rating on Ollie's Bargain Outlet (NASDAQ:OLLI) and raised the price target from $71 to $80.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:43 pm

MDB

Truist Securities analyst Miller Jump maintains a 'Buy' rating on MongoDB (NASDAQ:MDB) and raises the price target from $420 to $430.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:38 pm

BEKE

KE Holdings Inc (BEKE) shares are trading higher by 7.1% after China cut the minimum down payment on mortgages as part of stimulus measures. The company reported Q2 adjusted earnings of 27 cents per share, beating the analyst consensus estimate of 19 cents. However, quarterly sales of $2.69 billion missed the analyst consensus estimate of $2.73 billion by 1.6%. The company's board extended the share repurchase program from $1 billion to $2 billion and approved a special cash dividend of $0.057 per ordinary share and $0.171 per ADS.

Portfolio Pulse from Henry Khederian

September 01, 2023 | 3:36 pm

HCP

B of A Securities analyst Brad Sills maintains a Neutral rating on HashiCorp (NASDAQ:HCP) and raises the price target from $30 to $34.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:36 pm

STX

Analyst Ming-Chi Quo predicts that Seagate's hard disk drive (HDD) shipments will stabilize in Q3 2023 and grow by 5-10% in Q4 2023. This growth is attributed to the recovery of server demand, bottoming out of PC demand, and a lower shipment base in Q4 2023. The analyst suggests that the worst is over for Seagate and the stock could benefit from this change.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 3:34 pm

MDB

MongoDB, Inc. (NASDAQ:MDB) reported better-than-expected Q2 results and issued FY24 guidance above estimates. The company's shares rose 6.9% following the announcement. Several analysts, including those from Piper Sandler, Needham, JMP Securities, Oppenheimer, Stifel, Guggenheim, Barclays, and Morgan Stanley, increased their price targets on MongoDB.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 3:31 pm

DG

Truist Securities analyst Scot Ciccarelli has maintained a 'Hold' rating on Dollar General (NYSE:DG) and lowered the price target from $166 to $142.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:29 pm

NTNX

Northland Capital Markets analyst Nehal Chokshi maintains an Outperform rating on Nutanix (NASDAQ:NTNX) and raises the price target from $39 to $45.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:26 pm

IOT

Samsara Inc reported better-than-expected Q2 results with a 43% Y/Y revenue growth to $219.3 million, beating the consensus of $207.49 million. The company also raised its FY24 revenue outlook. Following the announcement, Samsara's shares rose 12.9% and several analysts increased their price targets on the company's stock.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 3:22 pm

CRM

Northland Capital Markets analyst Nehal Chokshi maintains a 'Market Perform' rating on Salesforce (NYSE:CRM) and raises the price target from $210 to $220.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:21 pm