Streetbeat News

Analyst Ratings

RKLB

JMP Securities has initiated coverage on Rocket Lab USA with a Market Perform rating, indicating a neutral outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 10:11 am

RNXT

Ascendiant Capital's analyst Edward Woo maintains a Buy rating on RenovoRx and raises the price target from $8 to $8.25.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 10:00 am

MLTX

Needham analyst Serge Belanger has reiterated a Buy rating on MoonLake (NASDAQ:MLTX) and maintained a price target of $62.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 9:55 am

DCBO

Needham analyst Ryan MacDonald maintains a Buy rating on Docebo (NASDAQ:DCBO) and raises the price target from $45 to $50.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 9:48 am

FITE

ITA

MISL

NVDA

PPA

XAR

Morgan Stanley advises investors to shift towards defensive stocks as the AI market loses momentum, following a decline in semiconductor shares, including Nvidia. The firm suggests focusing on sectors like utilities, staples, and healthcare amid a slowing labor market.

Portfolio Pulse from Benzinga Neuro

September 12, 2024 | 7:59 am

LOVE

Lovesac (NASDAQ:LOVE) is set to release its Q2 earnings on Sept. 12, with analysts expecting a loss of 44 cents per share. The company recently extended its credit facility and authorized a $40 million share repurchase. Analysts have mixed ratings, with price targets ranging from $32 to $36.

Portfolio Pulse from Avi Kapoor

September 12, 2024 | 6:56 am

GME

Jim Cramer criticizes GameStop's business model, likening it to an overvalued SPAC. Despite a 31% sales decline, GameStop turned a profit from interest on its cash reserves. Analysts suggest closing physical stores and operating as a bank. GameStop's stock fell 11.98% after missing revenue estimates.

Portfolio Pulse from Benzinga Neuro

September 12, 2024 | 6:49 am

ADBE

Adobe is set to report its Q3 earnings, with analysts expecting revenue of $5.37 billion and EPS of $4.53. The company has consistently beaten estimates and is focusing on AI tools for growth. Analysts have positive outlooks, with price targets ranging from $580 to $675.

Portfolio Pulse from Chris Katje

September 11, 2024 | 8:50 pm

SLB

Investors are showing a bullish stance on Schlumberger (NYSE:SLB) with 70% of recent large options trades being calls. The options market indicates a price window of $27.5 to $75.0 for SLB. The stock is currently trading at $39.65, with an analyst target of $63.0.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 8:45 pm

WOOF

Analysts have recently evaluated Petco Health and Wellness (NASDAQ:WOOF), with a mix of somewhat bullish and indifferent ratings. The average 12-month price target has increased by 15.49% to $4.1. Analysts have adjusted their ratings and price targets, reflecting their response to market conditions and company performance.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 8:00 pm