Streetbeat News

Analyst Ratings

IMAB

Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on I-MAB (NASDAQ:IMAB) and maintained a $25 price target.

Portfolio Pulse from richadhand@benzinga.com

August 18, 2023 | 2:44 pm

SOFI

Piper Sandler analyst Kevin Barker has maintained a Neutral rating on SoFi Techs (NASDAQ:SOFI) and raised the price target from $8 to $9.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:44 pm

FTCH

Piper Sandler analyst Edward Yruma has maintained a Neutral rating on Farfetch (NYSE:FTCH) and lowered the price target from $6 to $5.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:43 pm

TVTX

Piper Sandler analyst Nicole Gabreski maintains a Neutral rating on Travere Therapeutics (NASDAQ:TVTX) and lowers the price target from $22 to $19.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:40 pm

BILI

UBS analyst Felix Liu has maintained a 'Buy' rating on Bilibili (NASDAQ:BILI) but lowered the price target from $23 to $22.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:39 pm

BVN

CF

LXU

MT

SUZ

Benzinga Insights has identified five value stocks in the basic materials sector: ArcelorMittal (MT), CF Industries Holdings (CF), LSB Industries (LXU), Buenaventura Mining Co (BVN), and Suzano (SUZ). These companies have been selected based on their low P/E multiples, indicating they may be undervalued. Recent earnings and dividend yields have been reported for each company.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:39 pm

GLOB

TD Cowen analyst Bryan Bergin maintains an Outperform rating on Globant (NYSE:GLOB), but has lowered the price target from $207 to $205.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:37 pm

RNXT

Roth MKM analyst Scott Henry maintains a 'Buy' rating on RenovoRx (NASDAQ:RNXT) but lowers the price target from $14 to $13.

Portfolio Pulse from richadhand@benzinga.com

August 18, 2023 | 2:36 pm

ROST

TD Cowen analyst John Kernan maintains an Outperform rating on Ross Stores and raises the price target from $128 to $132.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:33 pm

BLMN

DRI

QSR

Bloomin' Brands Inc's shares are trading higher after activist investor Starboard Value disclosed a 9.9% stake in the company. The intentions of Starboard are unclear, but in the past, activist investors have urged Bloomin' to reduce expenses and separate some of its brands. Bloomin' Brands reported a 2.4% YoY sales growth in Q2 FY23, in line with consensus. The company's stock has surged almost 30% YTD, rebounding from pandemic setbacks.

Portfolio Pulse from Vandana Singh

August 18, 2023 | 2:32 pm