Streetbeat News

Analyst Ratings

BLBD

B of A Securities analyst Sherif El-Sabbahy has initiated coverage on Blue Bird (NASDAQ:BLBD) with a Buy rating and a price target of $26.5.

Portfolio Pulse from richadhand@benzinga.com

August 18, 2023 | 10:58 am

AMAT

Berenberg analyst Tammy Qiu maintains a 'Buy' rating on Applied Mat (NASDAQ:AMAT) and raises the price target from $150 to $175.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:57 am

ALVR

B of A Securities analyst Jason Zemansky has initiated coverage on AlloVir (NASDAQ:ALVR) with a Buy rating and a price target of $17.

Portfolio Pulse from richadhand@benzinga.com

August 18, 2023 | 10:57 am

AMAT

Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on Applied Materials (NASDAQ:AMAT) and raised the price target from $125 to $139.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:56 am

AMAT

BILL

FTCH

QQQ

ROST

SPY

US stock futures indicate a slow start for Friday, with no strong driving force to push the market. Economist David Rosenberg suggests a new bear phase may be entering the market. Strong economic data released on Thursday sent major averages lower. All S&P sector classes, except energy stocks, closed in negative terrain. The S&P 500 Index is down 4.8% from the late-July peak. In premarket trading on Friday, the SPDR S&P 500 ETF Trust (NYSE:SPY) moved down 0.10% and the Invesco QQQ ETF (NASDAQ:QQQ) fell 0.23%. Stocks in focus include Bill Holdings, Inc. (NYSE:BILL), Farfetch Ltd. (NYSE:FTCH), Ross Stores, Inc. (NASDAQ:ROST), and Applied Materials, Inc. (NASDAQ:AMAT).

Portfolio Pulse from Shanthi Rexaline

August 18, 2023 | 10:55 am

CHRW

Loop Capital analyst Rick Paterson maintains a 'Buy' rating on C.H. Robinson Worldwide (NASDAQ:CHRW) but lowers the price target from $105 to $102.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:55 am

SELB

SVB Leerink analyst Joseph Schwartz has downgraded Selecta Biosciences (NASDAQ:SELB) from Outperform to Market Perform and set a price target of $1.

Portfolio Pulse from richadhand@benzinga.com

August 18, 2023 | 10:53 am

ATSG

Loop Capital analyst Rick Paterson maintains a 'Buy' rating on Air Transport Services Group (ATSG) and raises the price target from $25 to $27.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:53 am

BZH

Wedbush analyst Jay McCanless has downgraded Beazer Homes USA (NYSE:BZH) from Outperform to Neutral.

Portfolio Pulse from richadhand@benzinga.com

August 18, 2023 | 10:52 am

POR

Guggenheim analyst Shahriar Pourreza has upgraded Portland Gen Electric (NYSE:POR) from Neutral to Buy and set a price target of $48.

Portfolio Pulse from richadhand@benzinga.com

August 18, 2023 | 10:50 am