Streetbeat News

Analyst Ratings

ORCL

Oracle shares are trading higher after Piper Sandler raised its price target on the stock from $104 to $130.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 7:37 pm

TGT

Target Corp (TGT) shares are down 2.64% after Citigroup downgraded the stock from Buy to Neutral. The stock has also fallen 19% over the past month due to calls for a social media boycott and concerns over Target's margins being impacted by student loan payment resumption.

Portfolio Pulse from Henry Khederian

June 09, 2023 | 7:35 pm

NVDA

NVIDIA Corporation (NASDAQ:NVDA) shares are trading higher by 0.70% to $387, with a 27% increase since May 24. The company's focus on AI chips and reassurance from CEO Jensen Huang on dependence on Taiwan for manufacturing have contributed to the stock's rise. JP Morgan analyst Harlan Sur reiterated an Overweight rating on Nvidia.

Portfolio Pulse from Henry Khederian

June 09, 2023 | 7:26 pm

TGT

Target's stock is trading lower after Citigroup downgraded it from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 7:18 pm

BRZE

Braze, Inc. (NASDAQ:BRZE) reported better-than-expected Q1 FY24 results with a 31.3% Y/Y revenue growth to $101.8 million and an adjusted EPS loss of $(0.13). Needham analyst Scott Berg reiterated a Buy rating and set a price target of $50, citing strong additions across customer cohorts and shifting consumer trends towards modern solutions like Braze.

Portfolio Pulse from Nabaparna Bhattacharya

June 09, 2023 | 7:09 pm

MEG

Needham analyst James Ricchiuti reiterated a Buy rating on Montrose Environmental Group (NYSE:MEG) with a price target of $54. The recent acquisition of Matrix Solutions expands MEG's operating footprint in Canada and adds a large team of environmental specialists. The analyst believes MEG's first-mover advantage will be difficult for competitors to replicate.

Portfolio Pulse from Nabaparna Bhattacharya

June 09, 2023 | 7:05 pm

GNLN

Benchmark initiated coverage on Greenlane Holdings (GNLN) with a Speculative Hold rating, causing the stock to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 7:03 pm

D

Dominion Energy (NYSE:D) has received mixed analyst ratings in the last quarter, with one bullish, six indifferent, and one somewhat bearish. The average 12-month price target for the company is $58.5, a 2.27% decrease from the previous average of $59.86.

Portfolio Pulse from Benzinga Insights

June 09, 2023 | 7:02 pm

F

Analysts have provided ratings for Ford Motor (NYSE:F) within the last quarter, with 4 bullish and 4 indifferent ratings. The average price target is $15.04, implying an upside from the current price of $13.725. The average price target has increased by 15.07% over the past month.

Portfolio Pulse from Benzinga Insights

June 09, 2023 | 7:02 pm

JXN

Four analysts have provided indifferent ratings for Jackson Finl (NYSE:JXN) within the last quarter, with an average price target of $37.75, representing an upside from the current price of $29.57. The current average price target is a 0.66% decrease from the previous average of $38.00.

Portfolio Pulse from Benzinga Insights

June 09, 2023 | 7:01 pm