Streetbeat News

Analyst Ratings

NSC

Wells Fargo analyst Allison Poliniak maintains an Overweight rating on Norfolk Southern (NYSE:NSC) and raises the price target from $250 to $260.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:19 am

FMC

Mizuho analyst Christopher Parkinson maintains a Buy rating on FMC (NYSE:FMC) but has lowered the price target from $147 to $127.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:16 am

CVX

Mizuho analyst Nitin Kumar maintains a Neutral rating on Chevron (NYSE:CVX) and raises the price target from $202 to $205.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:14 am

SM

Mizuho analyst Nitin Kumar maintains a Buy rating on SM Energy (NYSE:SM) and raises the price target from $33 to $41.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:13 am

AFRM

Mizuho analyst Dan Dolev maintains a Buy rating on Affirm Holdings (NASDAQ:AFRM) and raises the price target from $17 to $20.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:12 am

META

Evercore ISI analysts estimate that Meta Platforms, Inc's Threads app will generate approximately $8 billion in annual revenue over the next two years from nearly 200 million daily active users. This surpasses Twitter's $5.1 billion in sales and revenue earned in its last full year as a public company. However, KeyBanc Capital Markets anticipates that Threads will have a limited immediate financial impact as Meta focuses on adoption rather than monetization.

Portfolio Pulse from Anusuya Lahiri

July 11, 2023 | 11:11 am

D

Guggenheim analyst Shahriar Pourreza has maintained a 'Buy' rating on Dominion Energy (NYSE:D) but lowered the price target from $60 to $56.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:09 am

ISSC

EF Hutton analyst Tim Moore has reiterated a 'Buy' rating on Innovative Solns (NASDAQ:ISSC) and maintained a price target of $11.

Portfolio Pulse from richadhand@benzinga.com

July 11, 2023 | 11:07 am

JPM

MS

Morgan Stanley has hired Marco Caggiano, a senior investment banker from JP Morgan Chase, to lead its M&A division. Caggiano, who spent 23 years at JPMorgan, will assume the role of Vice Chairman of M&A at Morgan Stanley. This move comes amidst a trend of high-profile bankers exiting firms like Goldman Sachs, Bank Of America, and Barclays to join competitors or smaller peers.

Portfolio Pulse from Anusuya Lahiri

July 11, 2023 | 11:07 am

SCPL

Truist Securities analyst Matthew Thornton has maintained a 'Hold' rating on SciPlay (NASDAQ:SCPL) and raised the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:05 am