Streetbeat News

Analyst Ratings

DALXF

BMO Capital analyst Mike Murphy maintains an Outperform rating on Spartan Delta (OTC:DALXF) but lowers the price target from C$18 to C$6.25.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:47 pm

BTE

BMO Capital has maintained a Market Perform rating on Baytex Energy (NYSE:BTE) and lowered the price target from C$6 to C$5.5.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:44 pm

FDX

FedEx Corp (NYSE:FDX) shares dropped in premarket trading despite reporting better-than-expected earnings for its fiscal Q4. Analysts highlighted the company's focus on cost savings and improving revenue quality, with Morgan Stanley raising its price target from $180 to $186.

Portfolio Pulse from Priya Nigam

June 21, 2023 | 4:42 pm

NPIFF

Scotiabank analyst Justin Strong maintains an Outperform rating on Northland Power (OTC:NPIFF) and lowers the price target from C$42.5 to C$41.5.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:40 pm

SRDX

Barrington Research analyst Michael Petusky maintains an Outperform rating on Surmodics (NASDAQ:SRDX) and raises the price target from $60 to $69.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:35 pm

CCL

Barclays analyst Brandt Montour maintains an Overweight rating on Carnival (NYSE:CCL) and raises the price target from $13 to $18.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:34 pm

ADBE

Adobe Inc's (NASDAQ: ADBE) stock fell slightly after Q2 results, but BMO Capital Markets analyst Keith Bachman upgraded the company's rating from Market Perform to Outperform and raised the price target from $500 to $570. Bachman believes Adobe is well positioned to capture price/mix and new users through generative artificial intelligence (AI), which can potentially increase prices of existing solutions and help with retention in enterprise.

Portfolio Pulse from Priya Nigam

June 21, 2023 | 4:17 pm

GS

A whale investor has taken a bearish stance on Goldman Sachs Gr (NYSE:GS), with 66% of detected trades being bearish and 33% bullish. Whales have been targeting a price range of $270 to $440 for Goldman Sachs Gr over the last 3 months. The stock is currently down 0.56% at $328.86, and RSI indicators suggest it may be approaching overbought.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 4:05 pm

AMD

BABA

NVDA

QCOM

Nvidia stock is trading lower along with peers AMD, Qualcomm, and others due to Fed Chair Powell's comments on inflationary pressures and rate hikes, weak guidance from FedEx, and a tech stock selloff. Analysts have mixed opinions on Nvidia, with some highlighting downside risks and others praising its AI dominance and significant orders from Chinese internet companies.

Portfolio Pulse from Anusuya Lahiri

June 21, 2023 | 4:03 pm

DNLI

In the last 3 months, 5 analysts have offered 12-month price targets for Denali Therapeutics (NASDAQ:DNLI), with an average price target of $75.6, a 34.21% increase over the past month. The company has received 2 bullish, 3 somewhat bullish, and no bearish ratings.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 4:02 pm