Streetbeat News

Analyst Ratings

IBM

Credit Suisse analyst Shannon Cross reiterates IBM (NYSE:IBM) with an Outperform rating and maintains a $162 price target.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:46 pm

CCL

Truist Securities analyst Patrick Scholes has reiterated a Sell rating on Carnival (NYSE:CCL) and maintained an $11 price target.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:45 pm

CCL

Stifel analyst Steven Wieczynski reiterated a Buy rating on Carnival (NYSE:CCL) and maintained an $18 price target.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:43 pm

PEN

Deutsche Bank analyst Pito Chickering maintains a Buy rating on Penumbra (NYSE:PEN) and raises the price target from $325 to $376.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:41 pm

WMT

Morgan Stanley analyst Simeon Gutman reiterated an Overweight rating on Walmart (NYSE:WMT) and maintained a $160 price target.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:38 pm

BAC

SPY

Wall Street analysts are revising their expectations for interest rate hikes by the Federal Reserve in 2023, with Bank of America predicting two 25 basis point rate hikes. Bank of America has also recognized the economy's resilience and anticipates significant upward revisions to the U.S. GDP.

Portfolio Pulse from Piero Cingari

June 26, 2023 | 4:37 pm

TECK

B. Riley Securities analyst Lucas Pipes maintains a Buy rating on Teck Resources (NYSE:TECK) and lowers the price target from C$68 to C$67.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:34 pm

BNTC

JMP Securities analyst Silvan Tuerkcan has reiterated a Market Outperform rating on Benitec Biopharma (NASDAQ:BNTC) and maintained a $4 price target.

Portfolio Pulse from richadhand@benzinga.com

June 26, 2023 | 4:03 pm

BMEA

Jefferies analyst Eun Yang downgrades Biomea Fusion (NASDAQ:BMEA) from Buy to Hold and lowers the price target from $36 to $28.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:03 pm

CAKE

Analysts have provided mixed ratings for Cheesecake Factory (NASDAQ:CAKE) in the last quarter, with an average price target of $35.2, implying an upside from the current price of $32.095. The current average has increased by 2.03% from the previous average price target of $34.50.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 4:01 pm