Streetbeat News

Analyst Ratings

TXRH

Guggenheim analyst Gregory Francfort has initiated coverage on Texas Roadhouse (NASDAQ:TXRH) with a Buy rating and a price target of $130.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 11:11 am

COMP

Gordon Haskett analyst Robert Mollins has downgraded Compass (NYSE:COMP) from Buy to Hold.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 11:08 am

RDFN

Gordon Haskett analyst Robert Mollins has downgraded Redfin (NASDAQ:RDFN) from Hold to Underperform and announced a price target of $10.5.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 11:07 am

AMRN

AUR

HPK

IBKR

JOBY

OMC

Several US stocks recorded losses in Wednesday's pre-market trading session. Amarin Corporation shares dipped 16.1% after naming a new CEO and announcing a 30% reduction of non-sales roles. Aurora Innovation shares declined 14% following plans to sell $600 million worth of stock in a private placement. HighPeak Energy shares fell 9.1% after announcing a public offering. Omnicom Group shares declined 6.8% after reporting downbeat Q2 sales. Joby Aviation shares fell 6.4% after JP Morgan downgraded the stock from Neutral to Underweight. Interactive Brokers Group shares declined 5.1% following weaker-than-expected Q2 results.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 10:51 am

MCD

Wedbush analyst Nick Setyan has reiterated an Outperform rating on McDonald's (NYSE:MCD) and maintained a price target of $330.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 10:48 am

DPZ

Wedbush analyst Nick Setyan has maintained an Outperform rating on Domino's Pizza (NYSE:DPZ) and raised the price target from $365 to $430.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 10:48 am

CMG

Wedbush analyst Nick Setyan has reiterated an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and maintained a price target of $2300.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 10:47 am

BJRI

Wedbush analyst Nick Setyan has reiterated an Outperform rating on BJ's Restaurants (NASDAQ:BJRI) and maintained a $38 price target.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 10:46 am

MA

NVDA

TSM

V

Richard Clode, a fund manager at Janus Henderson Investors, shares his investment strategy in tech firms, focusing on long-term trends and underappreciated stocks. His funds include Big Tech stocks like NVIDIA, TSMC, Mastercard, and Visa. Both of Clode’s funds have outperformed the S&P 500’s half-year return of nearly 16%.

Portfolio Pulse from Benzinga Neuro

July 19, 2023 | 10:35 am

WCN

Citigroup analyst Bryan Burgmeier has initiated coverage on Waste Connections (NYSE:WCN) with a Neutral rating and a price target of $155.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 10:27 am