Streetbeat News

Analyst Ratings

PINS

Pinterest shares are trading higher following an upgrade from Evercore ISI Group, which changed the stock's rating from In-Line to Outperform.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 11:02 am

CALX

Rosenblatt analyst Mike Genovese has reiterated a 'Buy' rating on Calix (NYSE:CALX) and maintained a price target of $70.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 11:00 am

FHN

Baird analyst David George has initiated coverage on First Horizon (NYSE:FHN) with a Neutral rating and a price target of $14.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 10:57 am

INTS

Benchmark analyst Robert Wasserman has initiated coverage on Intensity Therapeutics (NASDAQ:INTS) with a Speculative Buy rating and a price target of $12.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 10:56 am

MASI

QQQ

SPY

The market mood has turned cautious again after major averages rebounded on Monday. Tech and small-cap stocks fueled a rally, while utility and real estate stocks came under selling pressure. JPMorgan analysts have expressed caution about the tech sector, citing potential risks to technology profits if the anticipated slowdown in economic activity materializes. In premarket trading on Tuesday, the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ ETF (QQQ) both fell slightly. Medical devices manufacturer Masimo Corp. (MASI) plunged over 27% in premarket trading following its negative preannouncement.

Portfolio Pulse from Shanthi Rexaline

July 18, 2023 | 10:56 am

LPX

TD Securities has downgraded Louisiana-Pacific (NYSE:LPX) from Buy to Hold and set a price target of $86.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 10:55 am

LITE

B of A Securities analyst Vivek Arya has downgraded Lumentum Holdings (NASDAQ:LITE) from Neutral to Underperform and set a price target of $50.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 10:54 am

MTSI

B of A Securities analyst Vivek Arya has downgraded MACOM Technology Solns (NASDAQ:MTSI) from Buy to Neutral and set a price target of $72.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 10:54 am

COHR

B of A Securities analyst Vivek Arya has downgraded Coherent (NYSE:COHR) from Buy to Neutral and announced a $55 price target.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 10:53 am

CAMT

B of A Securities analyst Vivek Arya has upgraded Camtek (NASDAQ:CAMT) from Neutral to Buy and raised the price target from $30 to $50.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 10:52 am