Streetbeat News

Analyst Ratings

BURL

Piper Sandler analyst Edward Yruma has initiated coverage on Burlington Stores (NYSE:BURL) with a Neutral rating and a price target of $155.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 8:52 am

FCX

Bernstein analyst Bob Brackett has initiated coverage on Freeport-McMoRan (NYSE:FCX) with a Market Perform rating and a price target of $41.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 8:50 am

NVO

Dr. Daniel Drucker discovered a hormone, GLP-1, which regulates blood sugar levels and suppresses appetite, leading to the development of diabetes drugs such as Novo Nordisk's Ozempic and Wegovy. The challenge was that GLP-1 quickly disappears from the human body, but a solution was found in the venom of the Gila monster, a venomous lizard. The venom contains a hormone, Exendin-4, which shares structural similarities with GLP-1 but does not break down quickly, making it an ideal candidate for a diabetes drug. This led to the development of Exenatide, the first approved treatment for Type 2 diabetes in 2005, and later, Ozempic.

Portfolio Pulse from Benzinga Newsbot

June 29, 2023 | 8:42 am

TSX:POU

National Bank Financial Inc's analyst Dan Payne has downgraded Paramount Resources from Outperform to Sector Perform and set a price target of C$40.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 8:30 am

DIS

Keybanc analyst Brandon Nispel has downgraded Walt Disney (NYSE:DIS) from Overweight to Sector Weight.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 8:27 am

TS

Jefferies analyst Alan Spence has initiated coverage on Tenaris (NYSE:TS) with a Buy rating and a price target of $41.8.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 8:25 am

ROKU

Piper Sandler analyst Matt Farrell has initiated coverage on Roku (NASDAQ:ROKU) with a Neutral rating and a price target of $65.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 8:24 am

PNR

Deutsche Bank analyst Andrew Krill has initiated coverage on Pentair (NYSE:PNR) with a Buy rating and a price target of $75.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 8:23 am

ZWS

Deutsche Bank analyst Zurn Elkay has initiated coverage on Zurn Elkay Water (NYSE:ZWS) with a Buy rating and a price target of $30.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 8:22 am

BMI

Deutsche Bank analyst Andrew Krill has initiated coverage on Badger Meter (NYSE:BMI) with a Hold rating and a price target of $142.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 8:21 am