Streetbeat News

Analyst Ratings

NVDA

QQQ

SPY

US stocks are expected to continue their rally, with investors anticipating positive remarks from Federal Reserve Chair Jerome Powell and a strong quarterly report from Nvidia Corp. The tech-heavy Nasdaq Composite Index and the S&P 500 Index both closed higher on Monday, while the Dow Industrials Average and the small-cap Russell 2,000 Index closed lower. In premarket trading on Tuesday, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF both saw gains. Several companies, including Zoom Video Communications, Baidu, Tesla, and Nvidia, saw their stocks rise in premarket trading.

Portfolio Pulse from Shanthi Rexaline

August 22, 2023 | 11:12 am

EXLS

JP Morgan analyst Puneet Jain maintains an Overweight rating on ExlService Holdings (NASDAQ:EXLS) and raises the price target from $34 to $36.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 11:12 am

ACHR

Raymond James analyst Savanthi Syth has maintained an Outperform rating on Archer Aviation (NYSE:ACHR) and raised the price target from $8 to $9.

Portfolio Pulse from richadhand@benzinga.com

August 22, 2023 | 11:11 am

KD

JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Kyndryl Hldgs (NYSE:KD) and raises the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 11:10 am

CINT

JP Morgan analyst Puneet Jain has maintained a Neutral rating on CI&T (NYSE:CINT) and raised the price target from $5 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 11:09 am

OR

Scotiabank analyst Tanya Jakusconek has reinstated Osisko Gold Royalties (NYSE:OR) with a Sector Perform rating and maintained a $22 price target.

Portfolio Pulse from richadhand@benzinga.com

August 22, 2023 | 11:06 am

GDYN

JP Morgan analyst Puneet Jain has maintained an Overweight rating on Grid Dynamics Holdings (NASDAQ:GDYN) and raised the price target from $11 to $14.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 11:05 am

QSR

Northcoast Research analyst Jim Sanderson has upgraded Restaurant Brands Intl (NYSE:QSR) from Neutral to Buy.

Portfolio Pulse from richadhand@benzinga.com

August 22, 2023 | 11:05 am

EPAM

JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on EPAM Sys (NYSE:EPAM) and raises the price target from $272 to $319.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 11:03 am

GLOB

JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Globant (NYSE:GLOB) and raises the price target from $194 to $236.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 11:02 am