Streetbeat News

Analyst Ratings

AMD

INTC

VGT

VTV

Goldman Sachs analyst Toshiya Hari maintained a Sell rating on Intel Corp (NASDAQ: INTC) with a price target of $22, citing that the $10 billion cost cut is necessary but insufficient for a competitive edge. Hari remains cautious, awaiting signs of stabilization in Data Center computing and progress in Intel's Foundry strategy. Intel's notebook and desktop CPU revenues increased year-on-year, but growth is expected to decelerate in the third quarter. AMD gained market share in the Server CPU market. Investors can gain exposure to Intel through Vanguard Information Tech ETF (NYSE: VGT) and Vanguard Value ETF (NYSE: VTV).

Portfolio Pulse from Anusuya Lahiri

August 05, 2024 | 5:44 pm

INTT

Northland Capital Markets has downgraded inTest (AMEX:INTT) from Outperform to Market Perform and lowered the price target from $15 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:43 pm

GM

Nomura analyst Anindya Das has downgraded General Motors (NYSE:GM) from Neutral to Reduce and set a price target of $34.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:42 pm

RDDT

LightShed Partners has initiated coverage on Reddit (NYSE:RDDT) with a Buy rating and set a price target of $84.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:39 pm

ZION

Morgan Stanley analyst Ken Zerbe maintains an Underweight rating on Zions Bancorp (NASDAQ:ZION) but raises the price target from $42 to $54.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:36 pm

AME

TD Cowen analyst Joseph Giordano maintains a Hold rating on AMETEK (NYSE:AME) but lowers the price target from $165 to $158.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:36 pm

ARCB

TD Cowen analyst Jason Seidl maintains a Buy rating on ArcBest (NASDAQ:ARCB) but lowers the price target from $148 to $136.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:34 pm

CBSH

Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Commerce Bancshares (NASDAQ:CBSH) and raises the price target from $58 to $66.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:34 pm

ALE

CWEN

POR

Wall Street's most accurate analysts have spotlighted three high-dividend-yielding utilities stocks: Portland General Electric Company (NYSE:POR), ALLETE, Inc. (NYSE:ALE), and Clearway Energy, Inc. (NYSE:CWEN). Analysts have provided updated ratings and price targets for these stocks, with recent earnings reports influencing their outlooks.

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 5:34 pm

RCM

TD Cowen has downgraded R1 RCM from Buy to Hold and lowered its price target from $20 to $14.3.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:31 pm