Streetbeat News

Analyst Ratings

RIVN

Rivian Automotive's stock is trading slightly higher after a significant drop due to a Morgan Stanley downgrade. The downgrade was influenced by increased spending forecasts related to Rivian's partnership with Volkswagen. Rivian may benefit from U.S. tariffs on Chinese EV imports. Despite the recent downgrade, analysts have a positive outlook on Rivian with an average price target suggesting potential upside.

Portfolio Pulse from Erica Kollmann

September 26, 2024 | 4:06 pm

CNXC

B of A Securities has maintained a Neutral rating on Concentrix (NASDAQ:CNXC) but has lowered its price target from $85 to $70.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:06 pm

RMD

B of A Securities analyst Lyanne Harrison maintains a Buy rating on ResMed (NYSE:RMD) and raises the price target from $240 to $270.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:05 pm

FIVE

B of A Securities has maintained a Neutral rating on Five Below (NASDAQ:FIVE) while raising the price target from $87 to $98.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:04 pm

VZ

B of A Securities analyst David Barden maintains a Neutral rating on Verizon Communications (NYSE:VZ) and raises the price target from $41 to $45.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:02 pm

MSFT

Recent options trading trends for Microsoft (NASDAQ:MSFT) show a bearish sentiment among large investors, with 45% of trades being bearish. The stock is currently trading at $430.8, down by 0.3%. Analysts have mixed views, with price targets ranging from $475 to $506.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 4:01 pm

GWRE

Guidewire Software (NYSE:GWRE) has received mixed analyst ratings over the past three months, with a majority being bullish. Analysts have raised their 12-month price targets, indicating a positive outlook. Despite this, Guidewire's financial metrics such as net margin, ROE, and ROA are below industry averages, suggesting challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 4:01 pm

RCL

Royal Caribbean Gr (NYSE:RCL) has been analyzed by 14 analysts, showing a range of ratings from bullish to indifferent. The average 12-month price target has increased to $191.79, with recent analyst actions mostly raising their price targets. The company shows strong financial performance with high revenue growth and profitability, but faces challenges in debt management.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 4:01 pm

MU

B of A Securities has maintained its Buy rating on Micron Technology and raised the price target from $110 to $125, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:00 pm

PL

Over the past three months, analysts have shared mixed opinions on Planet Labs (NYSE:PL), with ratings ranging from bullish to bearish. The average 12-month price target is $3.94, down 6.41% from the previous average. Analysts have adjusted their ratings and price targets in response to market conditions, with some maintaining their stance and others lowering their targets. Planet Labs has shown notable revenue growth but faces challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 4:00 pm