Streetbeat News

Analyst Ratings

MBLY

Canaccord Genuity analyst George Gianarikas initiates coverage on Mobileye Global (NASDAQ:MBLY) with a Buy rating and announces a price target of $50.

Portfolio Pulse from richadhand@benzinga.com

June 07, 2023 | 11:37 am

AUR

Canaccord Genuity analyst George Gianarikas initiates coverage on Aurora Innovation (NASDAQ:AUR) with a Buy rating and announces a price target of $5.

Portfolio Pulse from richadhand@benzinga.com

June 07, 2023 | 11:36 am

COIN

QQQ

SPY

TSLA

YXT

US stock futures indicate a flat opening on Wednesday as uncertainty prevails ahead of the Federal Reserve's decision next week. Stocks ended slightly higher on Tuesday, with the Nasdaq Composite reaching its highest level since April 20, 2022. LPL Financial's Adam Turnquist advises caution, remaining neutral on equities. In premarket trading, SPY and QQQ ETFs edged up, while several companies, including COIN, YXT, and TSLA, saw premarket gains.

Portfolio Pulse from Shanthi Rexaline

June 07, 2023 | 11:34 am

AMZN

CRM

CSCO

OKTA

ORCL

Salesforce CEO Marc Benioff has reshuffled top management following the company's slowest quarterly revenue growth since 2010. Miguel Milano has been appointed as Chief Revenue Officer, and Ariel Kelman as Chief Marketing Officer. Salesforce is facing pressure from activist investors advocating for operational improvements and cost-control initiatives.

Portfolio Pulse from Anusuya Lahiri

June 07, 2023 | 11:32 am

AMED

Truist Securities analyst David Macdonald has downgraded Amedisys (NASDAQ:AMED) from Buy to Hold and announced a $97 price target.

Portfolio Pulse from richadhand@benzinga.com

June 07, 2023 | 11:31 am

CWCO

Janney Montgomery Scott analyst Michael Gaugler upgrades Consolidated Water Co (NASDAQ:CWCO) from Neutral to Buy and announces a $24 price target.

Portfolio Pulse from richadhand@benzinga.com

June 07, 2023 | 11:30 am

VLO

Raymond James analyst Justin Jenkins maintains a Strong Buy rating on Valero Energy (NYSE:VLO) but lowers the price target from $169 to $150.

Portfolio Pulse from richadhand@benzinga.com

June 07, 2023 | 11:27 am

PSX

Raymond James analyst Justin Jenkins maintains an Outperform rating on Phillips 66 (NYSE:PSX) but lowers the price target from $135 to $125.

Portfolio Pulse from richadhand@benzinga.com

June 07, 2023 | 11:26 am

MPC

Raymond James analyst Justin Jenkins maintains a Strong Buy rating on Marathon Petroleum (NYSE:MPC) and lowers the price target from $165 to $150.

Portfolio Pulse from richadhand@benzinga.com

June 07, 2023 | 11:25 am

DK

Raymond James analyst Justin Jenkins maintains an Outperform rating on Delek US Holdings (NYSE:DK) but lowers the price target from $33 to $30.

Portfolio Pulse from richadhand@benzinga.com

June 07, 2023 | 11:22 am