Streetbeat News

Analyst Ratings

K

Goldman Sachs analyst Jason English upgraded Kellogg (NYSE:K) from Neutral to Buy and announced an $83 price target.

Portfolio Pulse from richadhand@benzinga.com

June 27, 2023 | 8:29 am

GOOGL

Bernstein analyst Mark Shmulik downgrades Alphabet (NASDAQ:GOOGL) from Outperform to Market Perform and announces a $125 price target.

Portfolio Pulse from richadhand@benzinga.com

June 27, 2023 | 8:27 am

BABA

Bernstein analyst Robin Zhu downgrades Alibaba Group Holding (NYSE:BABA) from Outperform to Market Perform and lowers the price target from $130 to $98.

Portfolio Pulse from richadhand@benzinga.com

June 27, 2023 | 8:23 am

ZIM

Jefferies analyst Omar Nokta maintains a Hold rating on ZIM Integrated Shipping (NYSE:ZIM) and lowers the price target from $16 to $13.

Portfolio Pulse from richadhand@benzinga.com

June 27, 2023 | 8:19 am

TTI

EF Hutton analyst Tim Moore reiterated a Buy rating on Tetra Technologies (NYSE:TTI) and maintained an $8 price target.

Portfolio Pulse from richadhand@benzinga.com

June 27, 2023 | 8:15 am

FGEN

Raymond James analyst Danielle Brill downgraded FibroGen (NASDAQ:FGEN) from Outperform to Market Perform.

Portfolio Pulse from richadhand@benzinga.com

June 27, 2023 | 8:12 am

JEF

SNX

TSLA

WBA

Investor sentiment declines as Nasdaq drops over 1% on Monday, with technology companies' shares being sold. Tesla shares dropped 6% after Goldman Sachs downgraded the stock but raised its price target. Investors await earnings results from Walgreens Boots Alliance, TD SYNNEX Corporation, and Jefferies Financial Group.

Portfolio Pulse from Lisa Levin

June 27, 2023 | 7:19 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies traded mixed on Monday evening following a week-long rally driven by several crypto-related ETF applications in the U.S. The SEC approved the nation's first leveraged Bitcoin futures ETF offered by Volatility Shares. Crypto analyst Michael Van de Poppe signaled a surge in institutional interest in Bitcoin, while Markus Thielen, head of crypto research and strategy at Matrixport, predicted significant gains for Bitcoin in July.

Portfolio Pulse from Mehab Qureshi

June 27, 2023 | 2:39 am

AMD

TSLA

TSM

ARK Investment Management, led by Cathie Wood, bought over $3.8 million in chip stocks, including Advanced Micro Devices (AMD) and Taiwan Semiconductor (TSM), amid recent market correction. Meanwhile, ARK sold over 8,200 shares of Tesla (TSLA) after Goldman Sachs downgraded the stock.

Portfolio Pulse from Bhavik Nair

June 27, 2023 | 1:18 am

IONQ

IonQ shares traded higher after Needham analyst Quinn Bolton maintained a Buy rating and raised the price target from $9 to $11. Bolton praised IonQ's new developments, including the Forte 29-Qubit system, and expressed confidence in the company's QC technology. IonQ also increased its 2023 bookings expectations by 25% to $50 million.

Portfolio Pulse from Ryan Gustafson

June 26, 2023 | 10:15 pm