Streetbeat News

Analyst Ratings

YELP

Craig-Hallum analyst Jason Kreyer has initiated coverage on Yelp (NYSE:YELP) with a Buy rating and announced a price target of $54.

Portfolio Pulse from richadhand@benzinga.com

July 28, 2023 | 12:40 pm

HIMS

TD Cowen analyst Jonna Kim initiates coverage on Hims & Hers Health (NYSE:HIMS) with an Outperform rating and a price target of $11.

Portfolio Pulse from richadhand@benzinga.com

July 28, 2023 | 12:39 pm

HPQ

STX

XRX

The most accurate Wall Street analysts have recommended selling three high-dividend yielding tech stocks: Seagate Technology Holdings (STX), HP Inc. (HPQ), and Xerox Holdings Corporation (XRX). The analysts have downgraded or maintained negative ratings for these stocks, despite their high dividend yields and recent financial results.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 12:39 pm

UCTT

Craig-Hallum analyst Christian Schwab has upgraded Ultra Clean Holdings (NASDAQ:UCTT) from Hold to Buy and set a price target of $60.

Portfolio Pulse from richadhand@benzinga.com

July 28, 2023 | 12:31 pm

ALSN

Oppenheimer has maintained its Outperform rating on Allison Transmission (NYSE:ALSN) and raised the price target from $53 to $67.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 12:30 pm

CWT

Janney Montgomery Scott analyst Michael Gaugler has upgraded California Water Servs Gr (NYSE:CWT) from Neutral to Buy.

Portfolio Pulse from richadhand@benzinga.com

July 28, 2023 | 12:30 pm

SETM

SPXS

SPY

Economist Larry Summers has criticized President Biden's economic policies, warning they could lead to inflation and negatively impact the US economy. Summers expressed concerns about the administration's stance on trade, support for US manufacturing, and approach to antitrust measures. The White House defended its strategy, emphasizing that Biden's investments in infrastructure, clean energy, and semiconductors aim to enhance economic resilience. Biden's economic stance may benefit stocks pivotal to the EV battery supply chain, wind, and solar energy industries, such as those held in the Sprott Energy Transition Materials ETF (SETM). However, if the economy suffers, ETFs that follow bearish moves in the SPDR S&P 500 (SPY), such as the Direxion Daily S&P 500 Bear 3X (SPXS) could prove a solid play.

Portfolio Pulse from Melanie Schaffer

July 28, 2023 | 12:27 pm

ROKU

Oppenheimer analyst Jason Helfstein maintains an Outperform rating on Roku (NASDAQ:ROKU) and raises the price target from $75 to $90.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 12:27 pm

NET

Baird analyst Shrenik Kothari maintains an Outperform rating on Cloudflare (NYSE:NET) and raises the price target from $64 to $75.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 12:26 pm

BJRI

Oppenheimer analyst Brian Bittner maintains an Outperform rating on BJ's Restaurants (NASDAQ:BJRI) and raises the price target from $40 to $43.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 12:25 pm