Streetbeat News

Analyst Ratings

CCI

A whale investor has taken a bullish stance on Crown Castle (NYSE:CCI), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whale has been targeting a price range from $95.0 to $135.0 for Crown Castle over the last 3 months. Argus Research downgraded its action to Buy with a price target of $140, Raymond James maintained their Outperform rating with a price target of $126, and B of A Securities downgraded its action to Neutral with a price target of $115.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:46 pm

PDD

Barclays analyst Jiong Shao has maintained an Overweight rating on PDD Holdings and raised the price target from $103 to $115.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 3:46 pm

PDD

Bernstein analyst Robin Zhu maintains an Outperform rating on PDD Holdings (NASDAQ:PDD) and raises the price target from $105 to $120.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 3:44 pm

BZ

Bernstein analyst Robin Zhu has maintained an 'Outperform' rating on Kanzhun (NASDAQ:BZ), but lowered the price target from $27 to $20.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 3:43 pm

BABA

PDD

Goldman Sachs analyst Ronald Keung has upgraded PDD Holdings Inc (Pinduoduo) from Neutral to Buy with a $129 price target. This is due to PDD's significant 2Q earnings beat, driven mainly by domestic online ad revenue, and its success in blockbuster SKUs/SME merchant focus. Keung also lifted his PDD FY23E central platform EBIT forecasts. Despite aggressive strategies from Alibaba, Pinduoduo maintains a strong presence in the Chinese eCommerce platforms.

Portfolio Pulse from Anusuya Lahiri

August 30, 2023 | 3:42 pm

NIO

Bernstein analyst Eunice Lee has maintained a 'Market Perform' rating on NIO (NYSE:NIO) but has lowered the price target from $9 to $8.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 3:42 pm

BBY

Truist Securities analyst Scot Ciccarelli has maintained a 'Hold' rating on Best Buy Co (NYSE:BBY) and raised the price target from $77 to $88.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 3:40 pm

ARBK

Compass Point analyst Chase White has maintained a 'Buy' rating on Argo Blockchain (NASDAQ:ARBK) but lowered the price target from $3.75 to $2.75.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 3:39 pm

NEWT

Compass Point analyst Merrill Ross has maintained a Neutral rating on NewtekOne (NASDAQ:NEWT) and raised the price target from $10.5 to $16.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 3:37 pm

MBUU

Truist Securities analyst Michael Swartz has maintained a 'Buy' rating on Malibu Boats (NASDAQ:MBUU), but lowered the price target from $64 to $62.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 3:33 pm