Streetbeat News

Analyst Ratings

GOOGL

B of A Securities analyst Justin Post maintains a Buy rating on Alphabet (NASDAQ:GOOGL) and raises the price target from $142 to $146.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:57 pm

LEN

Goldman Sachs analyst Susan Maklari maintains a Buy rating on Lennar (NYSE:LEN) and raises the price target from $141 to $142.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 2:56 pm

AL

B of A Securities analyst Kristine Liwag maintains a Buy rating on Air Lease (NYSE:AL) but lowers the price target from $65 to $60.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:55 pm

AMBA

Wells Fargo analyst Gary Mobley has maintained an Overweight rating on Ambarella (NASDAQ:AMBA), but lowered the price target from $90 to $85.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:55 pm

ELF

B of A Securities analyst Anna Lizzul maintains a Buy rating on e.l.f. Beauty (NYSE:ELF) and raises the price target from $155 to $165.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:53 pm

NIO

Mizuho analyst Vijay Rakesh has maintained a 'Buy' rating on NIO (NYSE:NIO) but lowered the price target from $20 to $18.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:53 pm

LULU

Wedbush analyst Tom Nikic has reiterated an Outperform rating on Lululemon Athletica (NASDAQ:LULU) and maintained a price target of $415.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:49 pm

AMZN

BTCUSD

Bloomberg Intelligence’s Mike McGlone compared Bitcoin to a teenager who has grown up on a high-sugar diet of extraordinarily low-interest rates and is now facing challenges amid changing economic conditions. He pointed out that Bitcoin typically outperforms when the liquidity pump is on, and underperforms when it's off. With the liquidity pump currently 'way off' and interest rates expected to hover around 5% in the coming year, the outlook for Bitcoin is bleak. McGlone also drew a parallel between Bitcoin's performance and that of Amazon, noting that as of Aug. 28, Bitcoin's value was slightly below its end-of-2020 value, similar to Amazon's trajectory.

Portfolio Pulse from Murtuza Merchant

August 30, 2023 | 2:48 pm

PVH

Wedbush analyst Tom Nikic has reiterated a Neutral rating on PVH (NYSE:PVH) and maintained an $88 price target.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:48 pm

JNJ

Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on Johnson & Johnson (NYSE:JNJ) and maintained a price target of $215.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:46 pm