Streetbeat News

Analyst Ratings

DLO

Goldman Sachs analyst Tito Labarta maintains a Buy rating on DLocal (NASDAQ:DLO) and raises the price target from $21 to $24.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:15 pm

SHIBUSD

Cryptocurrency analyst Michael Van De Poppe predicts a potential rally for Shiba Inu (CRYPTO: SHIB), with a potential increase of more than 30% if it manages to sustain its position above crucial support levels. However, the price of Shiba Inu tokens has decreased by approximately 8% following the launch of the Shibarium network due to reported bridging issues.

Portfolio Pulse from Mehab Qureshi

August 17, 2023 | 12:14 pm

TGT

Target Corporation reported Q2 FY23 sales of $24.77 billion, a 4.9% YoY decline, missing analyst consensus of $25.18 billion. Adjusted EPS of $1.80 beat the consensus of $1.39. However, Target lowered its FY23 adjusted EPS guidance from $7.75-$8.75 to $7.00-$8.00 and expects a mid-single-digit decline in comparable sales. Following the earnings announcement, Goldman Sachs, B of A Securities, and BMO Capital all lowered their price targets on Target.

Portfolio Pulse from Lisa Levin

August 17, 2023 | 12:14 pm

BRX

Goldman Sachs analyst Caitlin Burrows maintains a Buy rating on Brixmor Property Group (NYSE:BRX) and raises the price target from $23 to $27.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:13 pm

AAL

Goldman Sachs analyst Catherine O'Brien has maintained a Neutral rating on American Airlines Group (NASDAQ:AAL) and lowered the price target from $17 to $15.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:12 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares have been on a slide, losing 23% since the second-quarter earnings call. Analysts Gary Black and Daniel Ives weighed in on the situation. Black criticized Tesla's strategy of price cuts to drive volume, while Ives sees the price cuts as a strategic move and an opportunity for the company. Tesla's stock was up 0.44% in premarket trading.

Portfolio Pulse from Shanthi Rexaline

August 17, 2023 | 12:12 pm

IOVA

JMP Securities analyst Reni Benjamin has reiterated a Market Outperform rating on Iovance Biotherapeutics (NASDAQ:IOVA) and maintained a price target of $18.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 12:11 pm

GPMT

JMP Securities analyst Steven Delaney has reiterated a Market Outperform rating on Granite Point Mortgage (NYSE:GPMT) and maintained a $9 price target.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 12:10 pm

COIN

JMP Securities analyst Devin Ryan has reiterated a Market Outperform rating on Coinbase Global (NASDAQ:COIN) and maintained a price target of $107.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 12:09 pm

STIX

Semantix has reiterated its FY23 proprietary SaaS revenue forecast of R$75M-R$80M.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:08 pm