Streetbeat News

Analyst Ratings

MFA

Raymond James analyst Stephen Laws maintains an Outperform rating on MFA Financial (NYSE:MFA) and raises the price target from $12.5 to $13.

Portfolio Pulse from richadhand@benzinga.com

May 30, 2023 | 8:15 am

NVDA

Jim Cramer defends Nvidia's soaring valuation, stating that valuation is more of an art. He highlights the company's moat and dependency of major companies on Nvidia. The chipmaker's Q1 revenue exceeded estimates and the stock has risen 172.06% YTD.

Portfolio Pulse from Bhavik Nair

May 30, 2023 | 5:08 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) shares have risen over 160% YTD due to its AI momentum. Wharton professor Jeremy Siegel believes the stock may be slightly overvalued in the long term but sees potential for further short-term gains. The stock trades at a forward P/E multiple of 84.03 compared to the tech sector's average of 25.

Portfolio Pulse from Shanthi Rexaline

May 29, 2023 | 10:59 am

TSLA

ARK Investment Management analyst Sam Korus is positive on the demand for Tesla's upcoming Cybertruck, stating it could be as mainstream as the Model Y. The Cybertruck has 1.5 million reservations and increasing popularity according to Google trends. Elon Musk confirmed that the Cybertruck delivery event would take place later this year, with expectations to sell 250,000-500,000 units annually once production is fully ramped up.

Portfolio Pulse from Anan Ashraf

May 29, 2023 | 6:01 am

BTCUSD

Crypto trader CrediBULL Crypto predicts that Bitcoin (BTC) could hit a new all-time high this year based on historical precedence. BitMEX founder Arthur Hayes believes the macro environment is starting to look favorable for Bitcoin, with potential financial disruptions providing a catalyst for an upside burst.

Portfolio Pulse from Bibhu Pattnaik

May 28, 2023 | 6:41 pm

EGHT

FRPT

GM

PARA

RING

SNOW

Barron's weekend stock picks include Freshpet facing a proxy battle with Jana Partners, GM's CFO buying shares despite a failed rally, and Snowflake facing growth concerns and competition. RingCentral and 8x8 stocks soar as activist Sylebra Capital discloses large stakes, and Paramount's controlling shareholder receives a $125 million investment.

Portfolio Pulse from Justin Chan

May 27, 2023 | 11:23 pm

AAPL

DOGEUSD

MSFT

NVDA

TSLA

The Nasdaq gained for the fifth consecutive week, while the S&P 500 advanced and the Dow declined. Stocks rose on hopes of a U.S. debt ceiling deal. The PCE price index increased 4.4% YoY in April 2023. NVIDIA, Apple, and Microsoft received positive coverage, while Tesla and Dogecoin faced skepticism.

Portfolio Pulse from Michael Cohen

May 27, 2023 | 4:41 pm

JPM

MS

Morgan Stanley's Chief Investment Officer, Mike Wilson, warns that equities may finish the year weaker due to adverse macroeconomic fundamentals. He believes that the spike in liquidity from the Federal Reserve's emergency loan program is misleading investors and propping up the markets.

Portfolio Pulse from Bibhu Pattnaik

May 27, 2023 | 2:35 pm

DG

In the last quarter, Dollar Gen (NYSE:DG) received 1 bullish, 2 somewhat bullish, and 3 indifferent analyst ratings. The average price target is $238.5, compared to the current price of $205.1, implying an upside. The average price target has decreased by 1.55% from the previous average of $242.25.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 9:02 pm

NTES

Over the past 3 months, 5 analysts have published their opinions on NetEase (NASDAQ:NTES) stock, with 4 bullish and 1 somewhat bullish. The average price target is $112.8, a 9.3% increase from the previous average of $103.20, implying upside potential.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 9:02 pm