Streetbeat News

Analyst Ratings

IMO

UBS analyst Manav Gupta has initiated coverage on Imperial Oil with a Buy rating and a price target of C$80.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:41 am

ACHC

COHR

KC

RDFN

SILK

TMC

Several stocks are moving lower in Wednesday's pre-market session, including Silk Road Medical, Coherent Corp., Redfin Corporation, TMC the metals company Inc., Kingsoft Cloud Holdings Limited, and Acadia Healthcare Company, Inc. Silk Road Medical's shares tumbled following a downgrade from JP Morgan. Coherent Corp. recently appointed a new Vice President. Redfin shares fell after a significant jump on Tuesday. TMC received a Buy rating from ThinkEquity. Acadia Healthcare is facing legal challenges following a jury verdict.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 10:40 am

NCNO

Goldman Sachs analyst Adam Hotchkiss has initiated coverage on Ncino (NASDAQ:NCNO) with a Neutral rating and a price target of $32.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:40 am

ALKT

Goldman Sachs analyst Christopher Merwin has initiated coverage on Alkami Technology (NASDAQ:ALKT) with a Buy rating and a price target of $21.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:35 am

QTWO

Goldman Sachs analyst Adam Hotchkiss has initiated coverage on Q2 Holdings (NYSE:QTWO) with a Buy rating and a price target of $38.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:34 am

JKHY

Goldman Sachs analyst Will Nance has initiated coverage on Jack Henry & Associates (NASDAQ:JKHY) with a Neutral rating and a price target of $173.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:32 am

CSCO

B of A Securities has downgraded Cisco Systems from Buy to Neutral and set a price target of $56. The downgrade was announced by analyst Tal Liani.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:31 am

RDFN

DA Davidson analyst Tom White has downgraded Redfin (NASDAQ:RDFN) from Neutral to Underperform and set a price target of $10.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:29 am

GWW

UBS analyst Joseph Parkhill has downgraded W.W. Grainger (NYSE:GWW) from Buy to Neutral, while raising the price target from $815 to $820.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:28 am

CACI

Jefferies analyst Amit Singh has upgraded CACI International (NYSE:CACI) from Hold to Buy and announced a price target of $405.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:27 am