Streetbeat News

Analyst Ratings

XOM

Wolfe Research analyst Sam Margolin has downgraded Exxon Mobil (NYSE:XOM) from Outperform to Peer Perform.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 9:59 am

COP

Wolfe Research analyst Sam Margolin has upgraded ConocoPhillips (NYSE:COP) from Peer Perform to Outperform and announced a $120 price target.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 9:58 am

ATGE

BMO Capital analyst Jeffrey Silber has upgraded Adtalem Global Education (NYSE:ATGE) from Market Perform to Outperform and set a price target of $44.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 9:57 am

SPSC

Needham analyst Scott Berg has reiterated a 'Buy' rating on SPS Commerce (NASDAQ:SPSC) and maintained a price target of $205.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 9:49 am

PERI

Needham analyst Laura Martin has reiterated a 'Buy' rating on Perion Network (NASDAQ:PERI) and maintained a price target of $42.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 9:49 am

ZI

Needham analyst Joshua Reilly has reiterated a 'Buy' rating on ZoomInfo Technologies (NASDAQ:ZI) and maintained a price target of $35.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 9:36 am

FERG

William Blair analyst Ryan Merkel has initiated coverage on Ferguson (NYSE:FERG) with an Outperform rating.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 9:35 am

AMZN

GOOG

GOOGL

MSFT

Amazon's CEO, Andy Jassy, has outlined the company's strategy to compete in the AI race against Microsoft and Google. Jassy dismissed the notion that Amazon is lagging behind, stating that the company is focusing on deeper advancements in AI rather than superficial applications. He highlighted Amazon Web Services (AWS) as a key part of this strategy, with AWS recently launching Bedrock, a generative AI service. Despite recent cost-cutting measures, Jassy emphasized that AI remains a strategic investment for Amazon.

Portfolio Pulse from Ananya Gairola

July 07, 2023 | 9:34 am

IBM

JP Morgan analyst Brian Essex has initiated coverage on IBM with a Neutral rating and a price target of $145.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 9:34 am

TDW

Evercore ISI Group analyst James West has reinstated Tidewater (NYSE:TDW) with an Outperform rating and announced a $90 price target.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 9:32 am