Streetbeat News

Analyst Ratings

APP

EDBL

LI

Edible Garden AG (EDBL) and AppLovin (APP) both beat their Q2 EPS and sales estimates, with EDBL's EPS at $(0.24) against an estimate of $(0.90) and sales at $4.22M against $3.66M, and APP's EPS at $0.22 against $0.07 and sales at $750.16M against $724.27M. Barclays maintains an overweight rating on Li Auto (LI) and raises its price target to $48.

Portfolio Pulse from ryanfaloona@benzinga.com

August 10, 2023 | 12:36 pm

PLUG

Roth MKM analyst Craig Irwin has downgraded Plug Power (NASDAQ:PLUG) from Buy to Neutral and lowered the price target from $13 to $7.5.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 12:35 pm

CHX

FLT

HUM

UNH

On CNBC's 'Halftime Report Final Trades', Stephen Weiss of Short Hills Capital Partners named UnitedHealth Group Incorporated (UNH) and Humana Inc. (HUM) as his final trades. Amy Raskin of Chevy Chase Trust named ChampionX Corporation (CHX), and Joseph Terranova of Virtus Investment Partners mentioned Fleetcor Technologies, Inc. (FLT). All companies reported better-than-expected Q2 earnings, with FLT also issuing FY23 revenue guidance above estimates.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 12:35 pm

RBLX

Roblox shares are trading higher following an upgrade from Morgan Stanley. The firm upgraded the stock from Underweight to Equal-Weight and raised its price target from $26 to $30.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:35 pm

AQMS

Oppenheimer analyst Colin Rusch has downgraded Aqua Metals (NASDAQ:AQMS) from Outperform to Perform.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 12:34 pm

LI

Barclays has maintained an Overweight rating on Li Auto and raised its price target from $34 to $48. This has resulted in Li Auto shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:32 pm

CERT

William Blair analyst John Kreger has downgraded Certara (NASDAQ:CERT) from Outperform to Market Perform.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 12:32 pm

CVS

MDT

PINC

The most accurate Wall Street analysts have recommended holding three high-dividend yield healthcare stocks: Premier, Inc. (PINC), CVS Health Corporation (CVS), and Medtronic plc (MDT). Premier recently announced it will divest its non-healthcare GPO operations for approximately $800 million. CVS Health reported better-than-expected Q2 results and issued FY23 guidance. Medtronic recalled certain implantable cardioverter defibrillators and cardiac resynchronization therapy defibrillators.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 12:29 pm

CCI

B of A Securities analyst David Barden has downgraded Crown Castle (NYSE:CCI) from Buy to Neutral and set a price target of $115.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 12:29 pm

SBAC

B of A Securities analyst David Barden has downgraded SBA Comms (NASDAQ:SBAC) from Buy to Neutral and set a price target of $245.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 12:28 pm