Streetbeat News

Analyst Ratings

QTWO

Raymond James analyst Alexander Sklar maintains an Outperform rating on Q2 Holdings (NYSE:QTWO) and raises the price target from $35 to $40.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:53 pm

TRI

CIBC analyst Robert Bek has downgraded Thomson Reuters (NYSE:TRI) from Outperformer to Neutral, while maintaining the price target at $140.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:53 pm

CLH

Needham analyst James Ricchiuti has reiterated a 'Buy' rating on Clean Harbors (NYSE:CLH) and maintained a price target of $182.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:53 pm

RUN

Piper Sandler analyst Kashy Harrison maintains a Neutral rating on Sunrun (NASDAQ:RUN) and raises the price target from $20 to $22.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:53 pm

FSLY

Fastly, Inc. (NYSE:FSLY) shares are trading higher after reporting strong Q2 financial results, leading to multiple analyst price target raises. The company reported a 20% YoY increase in revenue, reaching $122.8 million, and Q2 losses of 4 cents per share, beating the analyst consensus estimate by 60%. Analysts from Morgan Stanley and RBC Capital raised their price targets for FSLY following the earnings report.

Portfolio Pulse from Erica Kollmann

August 04, 2023 | 1:53 pm

LESL

Leslies (NASDAQ:LESL) has received indifferent ratings from six analysts in the last quarter. The average 12-month price target for Leslies is $7.33, a 44.68% decrease from the previous average price target of $13.25.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:53 pm

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