Streetbeat News

Analyst Ratings

SILK

JP Morgan has downgraded Silk Road Medical's stock from Overweight to Neutral and reduced its price target from $50 to $28. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:29 am

GTLB

B of A Securities analyst Koji Ikeda maintains a Buy rating on GitLab (NASDAQ:GTLB) and raises the price target from $55 to $60.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:20 am

COP

Citigroup analyst Alastair Syme has maintained a 'Buy' rating on ConocoPhillips (NYSE:COP) but lowered the price target from $145 to $140.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:19 am

DHI

Credit Suisse analyst Daniel Oppenheim maintains a Neutral rating on D.R. Horton (NYSE:DHI) and raises the price target from $100 to $120.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:18 am

TSLA

Citigroup analyst Itay Michaeli has maintained a Neutral rating on Tesla (NASDAQ:TSLA) and raised the price target from $215 to $278.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:17 am

ANGO

ATVI

NFLX

QQQ

SPY

Positive expectations for June inflation data have boosted market sentiment, reflected in higher stock futures for Wednesday’s opening. Major stock indexes ended higher on Tuesday, driven by expectations of a slowdown in inflationary pressures and the potential for a more dovish Fed approach. In premarket trading on Wednesday, the SPDR S&P 500 ETF Trust (NYSE:SPY) rose 0.17% to $443.22 and the Invesco QQQ ETF (NASDAQ:QQQ) gained 0.22% to $368.97. Netflix, Inc. (NASDAQ:NFLX) rose modestly in premarket trading after UBS raised the price target for the stock from $390 to $525. Activision Blizzard, Inc. (NASDAQ:ATVI) was little changed after Raymond James downgraded the stock from Outperform to Market Perform. AngioDynamics, Inc. (NASDAQ:ANGO) is due to release its quarterly results before the market opens.

Portfolio Pulse from Shanthi Rexaline

July 12, 2023 | 11:17 am

AMGN

Credit Suisse analyst Trung Huynh has maintained an Outperform rating on Amgen (NASDAQ:AMGN) but lowered the price target from $220 to $200.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:16 am

F

Citigroup analyst Itay Michaeli has maintained a 'Buy' rating on Ford Motor (NYSE:F) and raised the price target from $16 to $17.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:15 am

GM

Citigroup analyst Itay Michaeli has maintained a 'Buy' rating on General Motors (NYSE:GM) and raised the price target from $85 to $89.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:13 am

RWT

JMP Securities analyst Steven Delaney maintains an Outperform rating on Redwood Trust (NYSE:RWT) but lowers the price target from $9 to $8.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:08 am