Streetbeat News

Analyst Ratings

C

Odeon Capital analyst Dick Bove has upgraded Citigroup (NYSE:C) from Hold to Buy and set a price target of $50.51.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 11:57 am

AMZN

GOOG

GOOGL

INFY

META

MSFT

WIT

Infosys Limited's stock is trading higher after disclosing a $2 billion deal with an existing client to provide AI and automation-led services over five years. Wipro Limited plans to invest $1 billion into AI over the next three years. Microsoft's investment in OpenAI has triggered an AI war with companies like Alphabet, Meta Platforms, and Amazon. Infosys reported Q4 FY23 revenue growth of 6.4% to $4.55 billion, missing the consensus of $4.74 billion.

Portfolio Pulse from Anusuya Lahiri

July 18, 2023 | 11:55 am

SXI

William Blair analyst Nicholas Heymann has reinstated Standex International (NYSE:SXI) with an Outperform rating.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 11:54 am

HLLY

Raymond James analyst Joseph Altobello has maintained an Outperform rating on Holley (NYSE:HLLY) and raised the price target from $3.75 to $6.25.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 11:51 am

BBIO

Raymond James analyst Dane Leone has maintained an 'Outperform' rating on BridgeBio Pharma (NASDAQ:BBIO) and raised the price target from $29 to $46.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 11:49 am

BAC

Bank of America's CFO has stated that the US economy continues to be healthy, but is growing at a slower pace.

Portfolio Pulse from Charles Gross

July 18, 2023 | 11:38 am

CAMT

LESL

MSFT

Several analyst forecasts were released on Tuesday for various companies. Notably, B of A Securities boosted the price target for Camtek Ltd. (CAMT) from $30 to $50 and upgraded the stock from Neutral to Buy. Loop Capital cut Leslie's, Inc. (LESL) price target from $16 to $6 and downgraded the stock from Buy to Hold. Keybanc increased Microsoft Corporation (MSFT) price target from $340 to $400 and maintained an Overweight rating.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 11:37 am

BABA

Alibaba Group Holding Limited (NYSE:BABA) stock traded lower as China's economy growth lagged market expectations and Wall Street banks reduced their targets. China's GDP grew at an annual pace of 6.3% last quarter, trailing the consensus forecast of a 7.1% gain. Analysts do not expect the GDP data to prompt Beijing to step up stimulus measures. Morgan Stanley, JPMorgan Chase, and Citigroup trimmed their growth forecasts for China's GDP this year to 5%.

Portfolio Pulse from Anusuya Lahiri

July 18, 2023 | 11:18 am

RUN

Morgan Stanley has maintained an Overweight rating on Sunrun's stock and raised its price target from $30 to $39. This has led to Sunrun shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 11:05 am

GMGI

EF Hutton analyst Michael Albanese has reiterated a 'Buy' rating on Golden Matrix Group (NASDAQ:GMGI) and maintained a $4 price target.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 11:03 am