Streetbeat News

Analyst Ratings

SYM

William Blair analyst Ross Sparenblek has downgraded Symbotic (NASDAQ:SYM) from Outperform to Market Perform.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 12:03 pm

RETA

Citigroup analyst Yigal Nochomovitz has downgraded Reata Pharmaceuticals from Buy to Neutral, while raising the price target from $127 to $172.5.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 12:01 pm

MXL

Loop Capital analyst Ananda Baruah has downgraded MaxLinear (NASDAQ:MXL) from Buy to Hold and set a price target of $25.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 12:00 pm

SYM

DA Davidson analyst Matt Summerville has downgraded Symbotic (NASDAQ:SYM) from Buy to Neutral, while raising the price target from $36 to $50.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 11:58 am

NEWR

Baird analyst Rob Oliver has downgraded New Relic (NYSE:NEWR) from Outperform to Neutral and lowered the price target from $92 to $87.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 11:58 am

VRNS

Craig-Hallum analyst Chad Bennett has upgraded Varonis Systems (NASDAQ:VRNS) from Hold to Buy and announced a $35 price target.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 11:57 am

ZI

Raymond James analyst Brian Peterson has maintained an 'Outperform' rating on ZoomInfo Technologies (NASDAQ:ZI) but lowered the price target from $28 to $26.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 11:54 am

PUBM

Raymond James analyst Andrew Marok maintains an 'Outperform' rating on PubMatic (NASDAQ:PUBM) and raises the price target from $16 to $22.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 11:53 am

KMT

Kennametal reported Q4 adjusted earnings of $0.51 per share, missing the analyst consensus estimate of $0.61 by 16.39%. The company also reported quarterly sales of $550.23 million, missing the analyst consensus estimate of $566.46 million by 2.86%. This represents a 3.77% decrease in earnings and a 3.81% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 11:47 am

WDC

Raymond James analyst Srini Pajjuri has maintained an 'Outperform' rating on Western Digital (NASDAQ:WDC) and raised the price target from $42 to $46.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 11:46 am