Streetbeat News

Analyst Ratings

NIO

NIO Inc's shares are trading higher, adding to gains of over 16% in the last week. The company has been ramping up its charging infrastructure efforts, opening its 1,600th power swap station in China and planning to have 2,300 stations by year-end. UBS analyst Paul Gong maintained a Neutral rating for NIO and raised the price target from $13 to $15. NIO announced it delivered 20,462 vehicles in July, a 103.6% YoY increase, and its new ES6 vehicle deliveries have been growing solidly since its debut in May.

Portfolio Pulse from Adam Eckert

August 04, 2023 | 1:52 pm

NRDS

Truist Securities analyst Youssef Squali has maintained a 'Buy' rating on Nerdwallet (NASDAQ:NRDS) and raised the price target from $20 to $21.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:52 pm

JCI

Johnson Controls Intl (NYSE:JCI) has received 7 somewhat bullish, 4 indifferent, and no bearish ratings from analysts in the last quarter. The average price target is $71.82, indicating potential upside from the current price of $62.115. The average price target has increased by 1.58% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:52 pm

ARAV

BPTH

COOK

RBOT

UPWK

VITL

U.S. stocks were mixed with the Nasdaq Composite slightly higher. The ISM services PMI declined to 52.7 in July from 53.9 in June. Upwork Inc., Vital Farms, Inc., and Traeger, Inc. saw their shares rise after posting strong quarterly results. Aravive, Inc., Bio-Path Holdings, Inc., and Vicarious Surgical Inc. saw their shares drop due to disappointing news.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:52 pm

UPWK

Upwork, Inc. (NASDAQ:UPWK) shares are trading higher after the company reported better-than-expected Q2 financial results and analysts raised price targets on the stock. The company reported Q2 revenue of $168.6 million, a 7% increase YoY, and a net loss of $4 million. Upwork raised its Q3 and full-year 2023 revenue guidance. Analysts from JMP Securities and Needham maintained their positive ratings and raised the price target for UPWK shares.

Portfolio Pulse from Erica Kollmann

August 04, 2023 | 1:52 pm

LPX

Truist Securities analyst Michael Roxland maintains a 'Buy' rating on Louisiana-Pacific (NYSE:LPX) but lowers the price target from $82 to $79.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:52 pm

CLX

Atlantic Equities analyst Edward Lewis has upgraded Clorox (NYSE:CLX) from Underweight to Neutral.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:52 pm

PCRX

Truist Securities analyst Les Sulewski has maintained a 'Buy' rating on Pacira BioSciences (NASDAQ:PCRX), but lowered the price target from $60 to $55.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:52 pm

SEDG

Truist Securities analyst Jordan Levy has maintained a 'Buy' rating on SolarEdge Technologies (NASDAQ:SEDG) but lowered the price target from $400 to $340.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:51 pm

ELF

Truist Securities analyst Bill Chappell maintains a 'Buy' rating on e.l.f. Beauty (NYSE:ELF) and raises the price target from $110 to $135.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:51 pm