Streetbeat News

Analyst Ratings

SPSC

Stifel analyst Tom Roderick maintains a Buy rating on SPS Commerce (NASDAQ:SPSC) and raises the price target from $165 to $200.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:33 pm

LEVI

Stifel analyst Drew Crum has maintained a 'Buy' rating on Levi Strauss (NYSE:LEVI) but lowered the price target from $19 to $17.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:31 pm

AAPL

AVGO

BABA

CRON

DISH

EADSY

KKR

LVMHF

NVO

SBUX

SPOT

TSLA

ZM

TikTok plans to launch a new music streaming service in Brazil and Indonesia, posing a threat to Spotify. Cronos Group is considering a potential sale after attracting acquisition interest. DISH Network is considering merging with EchoStar Corp. Novo Nordisk has filed lawsuits against pharmacies for illegally selling products containing semaglutide. Alibaba's stock is trading higher amid reports of China looking to end its regulatory overhaul on Ant Group. Starbucks is being sued by the National Labor Relations Board for illegal termination. ChatGPT's website traffic and app downloads have declined. Zoom Video is planning to double its technology investments in the Asia-Pacific region. Broadcom is considering a major investment in Spain's semiconductor sector. Airbus delivered 72 airplanes to 48 customers in June. KKR is acquiring a majority stake in PangeaCo. Tesla is laying off some battery production workers at its Shanghai plant. LVMH-backed firm is considering an IPO of Birkenstock in the US market.

Portfolio Pulse from Vandana Singh

July 07, 2023 | 1:31 pm

CUTR

Stifel analyst Jonathan Block has maintained a 'Buy' rating on Cutera (NASDAQ:CUTR) but lowered the price target from $35 to $24.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:30 pm

COST

Baird analyst Peter Benedict maintains an Outperform rating on Costco Wholesale (NASDAQ:COST) and raises the price target from $535 to $550.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:29 pm

WMB

Mizuho analyst Gabriel Moreen maintains a Buy rating on Williams Companies (NYSE:WMB) and raises the price target from $39 to $40.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:28 pm

ACN

Societe Generale analyst Richard Nguyen maintains a 'Buy' rating on Accenture (NYSE:ACN) and raises the price target from $314 to $373.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:26 pm

COO

DAL

JPM

VRTX

On CNBC's 'Halftime Report Final Trades', analysts recommended staying long on Vertex Pharmaceuticals, Delta Air Lines, and JPMorgan Chase & Co. Vertex Pharmaceuticals has performed well this year, with Morgan Stanley raising its price target from $305 to $340. Delta Air Lines is also doing well, with positive cash flow, paying down its debt, and raising prices. JPMorgan Chase is expected to report its Q2 results on July 14, 2023. The Cooper Companies was also mentioned as a quality company.

Portfolio Pulse from Lisa Levin

July 07, 2023 | 1:25 pm

RACE

Morgan Stanley analyst Adam Jonas has maintained an Overweight rating on Ferrari (NYSE:RACE) and raised the price target from $310 to $340.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:25 pm

PSX

Piper Sandler analyst Ryan Todd maintains an Overweight rating on Phillips 66 (NYSE:PSX) and raises the price target from $127 to $130.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:24 pm