Streetbeat News

Analyst Ratings

DOV

Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Dover (NYSE:DOV) and lowered the price target from $155 to $152.

Portfolio Pulse from richadhand@benzinga.com

July 10, 2023 | 3:40 pm

CARR

Wells Fargo analyst Joe O'Dea has maintained an Equal-Weight rating on Carrier Global (NYSE:CARR) and raised the price target from $45 to $50.

Portfolio Pulse from richadhand@benzinga.com

July 10, 2023 | 3:40 pm

MPWR

Raymond James has maintained an Outperform rating on Monolithic Power Systems and raised its price target from $500 to $570. This has led to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 3:38 pm

AMD

NVDA

Nvidia Corp's stock is trading lower amid reports of significant reduction in graphics card pricing. The price of the Nvidia RTX 4060 has dropped by 6% within a week of its release in Europe. In contrast, the U.S. has not seen a similar price reduction. Due to high pricing and underwhelming reception, many PC enthusiasts are turning to older graphics cards from Advanced Micro Devices, Inc and Nvidia. Analyst Toshiya Hari from Goldman Sachs maintains Nvidia with a Buy and raises the price target from $440 to $495.

Portfolio Pulse from Anusuya Lahiri

July 10, 2023 | 3:38 pm

CAVA

CMG

CAVA (NYSE:CAVA) is being compared to Chipotle (NYSE:CMG) in its early stages, with similar financial performance and unit economics. CAVA's 2022 results showed restaurant-level EBIT margins of ~16%, and ~20% for CAVA branded units, higher than Chipotle's ~15% in 2003. Management believes there is potential for over 1,000 locations nationwide over the next decade.

Portfolio Pulse from The Science Of Hitting

July 10, 2023 | 3:38 pm

MMM

Wells Fargo analyst Joe O'Dea has maintained an Equal-Weight rating on 3M (NYSE:MMM) and lowered the price target from $110 to $100.

Portfolio Pulse from richadhand@benzinga.com

July 10, 2023 | 3:36 pm

VC

Wells Fargo analyst Colin Langan maintains an Underweight rating on Visteon (NASDAQ:VC) and raises the price target from $127 to $130.

Portfolio Pulse from richadhand@benzinga.com

July 10, 2023 | 3:35 pm

LEA

Wells Fargo analyst Colin Langan has maintained an Equal-Weight rating on Lear Corporation (NYSE:LEA) and raised the price target from $141 to $144.

Portfolio Pulse from richadhand@benzinga.com

July 10, 2023 | 3:35 pm

GM

Wells Fargo analyst Colin Langan has maintained an 'Underweight' rating on General Motors (NYSE:GM) and raised the price target from $30 to $32.

Portfolio Pulse from richadhand@benzinga.com

July 10, 2023 | 3:33 pm

F

Wells Fargo analyst Colin Langan has maintained an 'Underweight' rating on Ford Motor (NYSE:F) and raised the price target from $10 to $11.

Portfolio Pulse from richadhand@benzinga.com

July 10, 2023 | 3:33 pm