Streetbeat News

Analyst Ratings

HOOD

Robinhood Markets, Inc. (NASDAQ: HOOD) shares are experiencing a significant drop due to global market uncertainties and recent U.S. economic data indicating a potential recession. The stock fell nearly 12% on Friday and continued to decline on Monday. Citigroup analyst Christopher Allen upgraded Robinhood from Sell to Neutral, and the company is set to report its second-quarter results on Wednesday.

Portfolio Pulse from Erica Kollmann

August 05, 2024 | 4:42 pm

SIMO

B. Riley Securities analyst Craig Ellis maintains a Buy rating on Silicon Motion Technology (NASDAQ:SIMO) but lowers the price target from $112 to $95.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:39 pm

CNK

Barrington Research maintains an Outperform rating on Cinemark Holdings (NYSE:CNK) and raises the price target from $24 to $28.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:38 pm

MTZ

B. Riley Securities has maintained its Buy rating on MasTec (NYSE:MTZ) and raised the price target from $132 to $134.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:37 pm

LBPH

B. Riley Securities has maintained its Buy rating on Longboard Pharmaceuticals (NASDAQ:LBPH) and raised the price target from $36 to $45.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:36 pm

AIOT

Barrington Research analyst Gary Prestopino maintains an Outperform rating on PowerFleet (NASDAQ:AIOT) with a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:35 pm

INFN

B. Riley Securities has maintained a Buy rating on Infinera (NASDAQ:INFN) but lowered the price target from $9 to $6.65.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:35 pm

CGNX

Stephens & Co. analyst Tommy Moll has reiterated an Equal-Weight rating on Cognex (NASDAQ:CGNX) and maintained a $45 price target.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:33 pm

KAR

Barrington Research analyst Gary Prestopino maintains an Outperform rating on Openlane (NYSE:KAR) with a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:32 pm

DSGR

Stephens & Co. analyst Tommy Moll has reiterated an Overweight rating on Distribution Solutions Group (NASDAQ:DSGR) and maintained a $42 price target.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:32 pm