Streetbeat News

Analyst Ratings

SCI

Credit Suisse analyst A.J. Rice has maintained an 'Outperform' rating on Service Corp Intl (NYSE:SCI) but lowered the price target from $85 to $80.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 04, 2023 | 1:13 pm

OSK

Credit Suisse analyst Jamie Cook maintains an Outperform rating on Oshkosh (NYSE:OSK) and raises the price target from $96 to $115.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 04, 2023 | 1:12 pm

PRLD

Prelude Therapeutics reported Q2 losses of $(0.54) per share, beating the analyst consensus estimate of $(0.63) by 14.29%. This is a 6.9% increase over losses from the same period last year. The company's cash, cash equivalents, and marketable securities of $255M are sufficient to fund operations into 2026.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:12 pm

ADMP

ARAV

DXC

EVGO

TTOO

UPWK

Several stocks experienced significant pre-market trading movements. Adamis Pharmaceuticals Corporation (ADMP) surged 64.6% after pricing its public offering. T2 Biosystems (TTOO) rose 34.2% after receiving an extension to comply with Nasdaq listing requirements. Upwork (UPWK) rose 17.1% after posting upbeat Q2 results and raising full-year guidance. EVgo (EVGO) gained 15.3% after reporting better-than-expected Q2 results and announcing a leadership succession plan. On the downside, Aravive (ARAV) fell 50.8% after its Phase 3 study did not meet the primary endpoint. DXC Technology Company (DXC) fell 19.4% after reporting worse-than-expected Q1 results and issuing a below-consensus outlook.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:12 pm

AXTA

Mizuho analyst Christopher Parkinson maintains a 'Buy' rating on Axalta Coating Sys (NYSE:AXTA) but lowers the price target from $37 to $36.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 04, 2023 | 1:12 pm

HUBS

Oppenheimer analyst Ken Wong has reiterated an Outperform rating on HubSpot (NYSE:HUBS) and maintained a $620 price target.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:11 pm

AAPL

Shares of Apple, Inc. (NASDAQ:AAPL) were slightly lower in premarket trading on Thursday. The company's Q3 results and management commentary are expected to influence the stock and broader market. Apple's performance is considered a litmus test for consumer health due to its consumer-focused products. The stock has significant weightings in the S&P 500 Index and the Nasdaq Composite Index. Analysts expect an in-line to slightly better June quarter, based on brisk iPhone upgrade activity, especially in China. JPMorgan's Samik Chatterjee established a 2024 price target of $220 for the stock.

Portfolio Pulse from Shanthi Rexaline

August 04, 2023 | 1:11 pm

CDW

DASH

ETD

EXTR

LMAT

MTCH

PYPL

SHOP

STAA

TRI

YUM

Several analyst forecasts were released for Thursday, with price target changes for Extreme Networks, PayPal Holdings, CDW Corporation, Shopify, Match Group, Yum! Brands, Ethan Allen Interiors, Thomson Reuters Corporation, LeMaitre Vascular, STAAR Surgical Company, and DoorDash. Most of the companies saw their price targets raised, with a few exceptions such as PayPal and STAAR Surgical Company.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:10 pm

GBIO

Wedbush analyst David Nierengarten has reiterated an Outperform rating on Generation Bio (NASDAQ:GBIO) and maintained a price target of $11.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:10 pm

RITM

Wedbush analyst Jay McCanless has reiterated an Outperform rating on Rithm Capital (NYSE:RITM) and maintained a $12 price target.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:10 pm