Streetbeat News

Analyst Ratings

SPOT

Credit Suisse analyst Douglas Mitchelson has reiterated a Neutral rating on Spotify Technology (NYSE:SPOT) and maintained a $120 price target.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 1:07 pm

GLW

Credit Suisse analyst Shannon Cross has maintained an 'Outperform' rating on Corning (NYSE:GLW) but lowered the price target from $40 to $38.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 1:07 pm

ABBV

AMGN

NVS

Seven pharmaceutical companies have launched biosimilars of AbbVie's arthritis drug Humira, sparking calls for reform in drug pricing intermediaries. Despite the increased competition, prices remain high, highlighting the need for reform in the pharmaceutical supply chain. The Biden administration has prioritized lowering drug prices and passed the Inflation Reduction Act, targeting pharmacy benefit managers (PBMs). Amgen, which launched its biosimilar to Humira, argues that PBMs favor higher list prices for subsequent after-market discounts. Novartis's Sandoz unit has also launched biosimilars.

Portfolio Pulse from Vandana Singh

July 26, 2023 | 1:06 pm

PHM

Credit Suisse analyst Dan Oppenheim maintains an Outperform rating on PulteGroup (NYSE:PHM) and raises the price target from $71 to $85.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 1:05 pm

TDOC

Credit Suisse analyst Jonathan Yong has reiterated a Neutral rating on Teladoc Health (NYSE:TDOC) and maintained a $27 price target.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 1:04 pm

V

Credit Suisse analyst Moshe Orenbuch maintains an Outperform rating on Visa (NYSE:V) and raises the price target from $265 to $275.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 1:03 pm

ARCC

Wells Fargo analyst Timothy O'Shea has maintained an Equal-Weight rating on Ares Capital (NASDAQ:ARCC) and raised the price target from $19.5 to $19.75.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:03 pm

SNAP

Credit Suisse analyst Stephen Ju has maintained an 'Outperform' rating on Snap (NYSE:SNAP), but lowered the price target from $16 to $15.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 1:02 pm

DOV

Credit Suisse analyst Guy Hardwick maintains an Outperform rating on Dover (NYSE:DOV) but lowers the price target from $173 to $170.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 1:01 pm

GOOGL

Credit Suisse analyst Stephen Ju has maintained an 'Outperform' rating on Alphabet (NASDAQ:GOOGL) and raised the price target from $150 to $151.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 1:01 pm