Streetbeat News

Analyst Ratings

BILL

Bill Holdings shares are trading lower after Morgan Stanley downgraded the stock from Overweight to Equal-Weight.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 10:49 am

S

SentinelOne's stock is trading higher following an upgrade to overweight by Morgan Stanley, which also raised its price target from $15 to $20.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 10:45 am

REXR

BMO Capital analyst John Kim downgraded Rexford Industrial Realty (NYSE:REXR) from Outperform to Market Perform and lowered the price target from $69 to $56.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 10:40 am

ARES

Wells Fargo analyst Timothy O'Shea downgrades Ares Management (NYSE:ARES) from Overweight to Equal-Weight and lowers the price target from $99 to $93.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 10:39 am

FND

Evercore ISI Group analyst Greg Melich downgraded Floor & Decor Holdings (NYSE:FND) from Outperform to In-Line and announced a $95 price target.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 10:37 am

AZO

Evercore ISI Group analyst Greg Melich has upgraded AutoZone (NYSE:AZO) from In-Line to Outperform and set a new price target of $2700.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 10:35 am

CNP

Guggenheim analyst Shahriar Pourreza upgraded CenterPoint Energy (NYSE:CNP) from Neutral to Buy and announced a $32 price target.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 10:33 am

RETA

SVB Leerink analyst Joseph Schwartz upgraded Reata Pharmaceuticals (NASDAQ:RETA) from Market Perform to Outperform and raised the price target from $80 to $115.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 10:32 am

BTCUSD

ETHUSD

Veteran trader and analyst Peter Brandt has called Ethereum a scam and stated that Bitcoin is the only safe bet in the crypto market. Brandt has been a vocal supporter of Bitcoin for the long term and has previously stated his conviction that Bitcoin will outlast other coins.

Portfolio Pulse from Mehab Qureshi

June 12, 2023 | 10:30 am

CFLT

Needham analyst Mike Cikos maintains a Buy rating on Confluent (NASDAQ:CFLT) and raises the price target from $35 to $45.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 10:30 am