Streetbeat News

Analyst Ratings

HIBB

William Blair analyst Sam Poser downgrades Hibbett (NASDAQ:HIBB) from Buy to Hold and lowers the price target from $82 to $54.

Portfolio Pulse from richadhand@benzinga.com

May 22, 2023 | 8:14 am

NVDA

Keybanc analyst John Vinh maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $320 to $375.

Portfolio Pulse from richadhand@benzinga.com

May 22, 2023 | 8:08 am

VSAT

Needham analyst Ryan Koontz maintains a Buy rating on Viasat (NASDAQ:VSAT) and raises the price target from $44 to $60.

Portfolio Pulse from richadhand@benzinga.com

May 22, 2023 | 8:02 am

GOOG

GOOGL

TSLA

Elon Musk predicts no AI winter despite his previous protests against rapid AI advancements. He agrees with Quora CEO Adam D'Angelo's prediction of continuous growth in artificial general intelligence (AGI). Musk's stance has been questioned by critics like Reid Hoffman.

Portfolio Pulse from Ananya Gairola

May 22, 2023 | 5:55 am

GS

SPY

Goldman Sachs predicts that the US Treasury will drop below its cash minimum on June 8-9, according to Bloomberg News.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2023 | 9:21 pm

AAPL

AMZN

GOOGL

META

MSFT

NVDA

QQQ

Anna Paglia, the managing director and global head of ETFs and indexed strategies at Invesco QQQ Trust, sees a bearish pattern in the Big Tech rally. The QQQ ETF has outperformed the S&P 500 by over 17% in 2023, but Paglia believes there's not a high conviction in the short term.

Portfolio Pulse from Bibhu Pattnaik

May 21, 2023 | 1:57 pm

GOOG

GOOGL

PLTR

ARK Invest's CEO Cathie Wood shared her optimistic outlook on AI at Fortune’s Most Powerful Next Gen conference, emphasizing the crucial role of natural language processing (NLP) in the rise of AI. She believes AI will augment productivity but may displace some workers. Wood also suggested that AI-driven technologies like ChatGPT could pose a threat to Google.

Portfolio Pulse from Michael Cohen

May 20, 2023 | 9:04 pm

BUD

DIS

KEY

OKE

TSN

WAL

ZION

Barron's weekend stock picks include Oneok's stock falling due to its planned merger with Magellan Midstream Partners, Tyson Foods' stock dipping after a disappointing fiscal Q2, and Disney's rating being lowered due to its pivot to streaming and slow growth in its parks business. Additionally, Anheuser-Busch InBev is trading at a high discount, and regional banks like Western Alliance Bancorp, KeyCorp, and Zions Bancorp are experiencing volatility amid Treasury Secretary Janet Yellen's announcement of potential bank mergers.

Portfolio Pulse from Justin Chan

May 20, 2023 | 6:30 pm

BTCUSD

Bloomberg's macro strategist Mike McGlone warns that Bitcoin and other crypto assets could crash if the stock market falls off a cliff. He predicts a severe correction for most altcoins and a new bear market bottom for Bitcoin, with the downturn lasting for months.

Portfolio Pulse from Bibhu Pattnaik

May 20, 2023 | 5:42 pm

CMG

29 analysts have provided ratings for Chipotle Mexican Grill (NYSE:CMG) in the last quarter, with an average price target of $2053.21, implying a downside compared to the current price of $2106.71. The current average has increased by 8.23% from the previous average price target of $1897.00.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 9:02 pm