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Analyst Ratings

EVG

JPM

UBS

El Salvador's embrace of Bitcoin has led to a bond rally with 70% returns, attracting investors who had previously avoided the country's securities. These returns are the highest among dollar bonds from emerging markets in 2023. JPMorgan Chase & Co, Eaton Vance, and PGIM Fixed Income have recommended or purchased the debt, anticipating further growth. Other firms including Lord Abbett & Co LLC, Neuberger Berman Group LLC, and UBS Group AG have also added the debt since April.

Portfolio Pulse from Murtuza Merchant

August 16, 2023 | 3:39 pm

AESI

Citigroup analyst Scott Gruber has maintained a 'Buy' rating on Atlas Energy Solutions (NYSE:AESI) and raised the price target from $23 to $26.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 3:37 pm

APP

Citigroup analyst Jason Bazinet has maintained a 'Buy' rating on AppLovin (NASDAQ:APP) and raised the price target from $32 to $50.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 3:35 pm

CAVA

Citigroup analyst Jon Tower has maintained a Neutral rating on Cava Group (NYSE:CAVA) and raised the price target from $42 to $48.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 3:33 pm

DIS

Citigroup analyst Jason Bazinet has maintained a 'Buy' rating on Walt Disney (NYSE:DIS) but lowered the price target from $125 to $120.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 3:32 pm

LAZR

Citigroup analyst Itay Michaeli has maintained a 'Buy' rating on Luminar Technologies (NASDAQ:LAZR), but lowered the price target from $18 to $17.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 3:28 pm

MGA

Citigroup analyst Itay Michaeli has maintained a Neutral rating on Magna International (NYSE:MGA) and raised the price target from $59 to $61.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 3:27 pm

SOI

Citigroup analyst Scott Gruber has maintained a Neutral rating on Solaris Oilfield Infra (NYSE:SOI) and raised the price target from $9 to $11.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 3:25 pm

UDR

Citigroup analyst Michael Bilerman has maintained a Neutral rating on UDR (NYSE:UDR) and lowered the price target from $45 to $43.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 3:22 pm

AMC

AMC Entertainment Holdings Inc's shares are trading lower after Roth MKM analyst Eric Handler reiterated a Sell rating and a price target of 50 cents, citing an 'upside down capital structure'. Despite improving EBITDA, AMC continues to burn through cash and issue shares to maintain liquidity. Handler believes AMC's shares are trading at an irrational valuation and would need to generate $978 million of adjusted EBITDA to justify its current price. A 10-for-1 reverse stock split will go into effect on Aug. 25, increasing the total number of authorized shares of AMC's Class A common stock from approximately 524.2 million to 550 million.

Portfolio Pulse from Adam Eckert

August 16, 2023 | 3:22 pm