Streetbeat News

Analyst Ratings

JOBY

Deutsche Bank analyst Edison Yu has maintained a 'Sell' rating on Joby Aviation (NYSE:JOBY) but raised the price target from $4 to $6.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 1:36 pm

MSFT

Wedbush analyst Daniel Ives has reiterated an 'Outperform' rating on Microsoft (NASDAQ:MSFT) and maintained a price target of $375.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 1:35 pm

BLDR

Wedbush analyst Jay McCanless has maintained an Outperform rating on Builders FirstSource (NYSE:BLDR) and raised the price target from $135 to $175.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 1:30 pm

SHW

B of A Securities analyst Steve Byrne maintains a Neutral rating on Sherwin-Williams (NYSE:SHW) and raises the price target from $244 to $270.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 1:28 pm

PPG

B of A Securities analyst Steve Byrne maintains a Buy rating on PPG Industries (NYSE:PPG) and raises the price target from $158 to $163.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 1:26 pm

ECL

B of A Securities analyst Steve Byrne maintains an 'Underperform' rating on Ecolab (NYSE:ECL) and raises the price target from $163 to $181.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 1:25 pm

AFRM

Credit Suisse analyst Timothy Chiodo has maintained a Neutral rating on Affirm Holdings (NASDAQ:AFRM) and lowered the price target from $16 to $15.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 1:23 pm

NIO

NIO Inc's shares are trading lower despite Morgan Stanley reiterating an Overweight rating and maintaining a $12 price target. This comes after Nio's shares rallied over 7% in the last week and nearly 28% in the last month. Nio reported a significant increase in vehicle deliveries for June and Q2, and also started ramping up deliveries of its ES8 SUV.

Portfolio Pulse from Adam Eckert

July 05, 2023 | 1:22 pm

AMZN

DIS

NFLX

QQQ

Goldman Sachs has upgraded Netflix (NASDAQ:NFLX) from Sell to Neutral and raised the price target from $230 to $400, citing positive momentum heading into 2024 and 2025. Netflix has outperformed the Nasdaq 100 Index, as tracked by the Invesco QQQ Trust (NASDAQ:QQQ), with a 50% increase year to date. However, Goldman Sachs highlighted the escalating global competition in the streaming industry, with Amazon Inc. (NASDAQ:AMZN) and Walt Disney Company (NYSE:DIS) leading in several countries.

Portfolio Pulse from Piero Cingari

July 05, 2023 | 1:22 pm

AXTA

B of A Securities analyst Steve Byrne maintains a Buy rating on Axalta Coating Sys (NYSE:AXTA) and raises the price target from $36 to $37.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 1:21 pm