Streetbeat News

Analyst Ratings

BYD

Morgan Stanley analyst Stephen Grambling has upgraded Boyd Gaming (NYSE:BYD) from Underweight to Equal-Weight and raised the price target from $69 to $75.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 8:17 am

NOV

Raymond James analyst Praveen Narra has maintained an Outperform rating on NOV (NYSE:NOV), but lowered the price target from $29 to $27.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 8:13 am

INGN

Needham analyst Mike Matson has downgraded Inogen (NASDAQ:INGN) from Buy to Hold.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 8:10 am

SPOT

Keybanc analyst Justin Patterson maintains an Overweight rating on Spotify Technology (NYSE:SPOT) and raises the price target from $180 to $205.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 8:09 am

OGI

OrganiGram Holdings reported Q3 losses of $(1.79) per share, a 6292.86% decrease YoY. Quarterly sales were $24.40M, missing the analyst consensus estimate of $31.80M by 23.27%, and marking an 18.64% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 6:18 am

C

Citigroup Inc. is expected to report lower Q2 earnings at $1.30 per share, down from $2.19 per share a year ago. The company's revenue is projected to be $19.27 billion. Citigroup shares rose 0.6% to close at $47.68 on Thursday. Several analysts have recently adjusted their price targets for the company, with predictions ranging from a 4% downside to a 64% upside.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 6:09 am

TSLA

Gary Black, co-founder of Future Fund, predicts Tesla's Q2 adjusted earnings per share to be around $0.87, higher than the consensus estimate of $0.82. His estimates are based on assumptions including an auto gross margin of 18%, regulatory credits of $340 million, an auto average selling price of $45,000, and energy revenue of $1.9 billion. Black suggests investors focus on the fiscal year 2023 deliveries guidance, auto gross margin trajectory, timing of the first Cybertruck deliveries, and recognition of deferred revenue from full-self driving.

Portfolio Pulse from Shanthi Rexaline

July 14, 2023 | 6:07 am

ALK

Over the past 3 months, 9 analysts have published their opinion on Alaska Air Gr (NYSE:ALK) stock. The average price target is $69.14, implying an upside from the current price of $54.34. The majority of the ratings are bullish, with 4 being very bullish and 5 somewhat bullish. The average price target has increased by 2.26% over the past month.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 9:01 pm

PSNY

Polestar Automotive (NASDAQ:PSNY) has received somewhat bullish ratings from four analysts in the last quarter. The average 12-month price target for the company is $6.25, representing a 10.71% decrease from the previous average price target of $7.00.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 9:00 pm

DPZ

In the last quarter, Domino's Pizza (NYSE:DPZ) has received a mix of analyst ratings, with the majority being indifferent. The average 12-month price target for the company has increased by 5.1% to $360.03. Analysts typically rate each stock once per quarter, providing guidance on growth estimates, earnings, and revenue.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 9:00 pm