Streetbeat News

Analyst Ratings

BTCUSD

COIN

Coinbase Global, Inc. (NASDAQ:COIN) shares are trading lower following the release of its second-quarter results, which showed a decline in trading volumes despite beating analyst expectations. Bitcoin's drop and broad market declines are also contributing to the stock's performance. Several analysts have updated their coverage on Coinbase, with mixed ratings and price targets.

Portfolio Pulse from Erica Kollmann

August 02, 2024 | 6:12 pm

BKH

Wells Fargo analyst Sarah Akers maintains an Equal-Weight rating on Black Hills (NYSE:BKH) and raises the price target from $61 to $64.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:12 pm

SHAK

Deutsche Bank analyst Lauren Silberman maintains a Hold rating on Shake Shack (NYSE:SHAK) and raises the price target from $105 to $115.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:11 pm

LAD

Wells Fargo analyst Colin Langan maintains an Equal-Weight rating on Lithia Motors (NYSE:LAD) and raises the price target from $266 to $302.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:11 pm

K

Deutsche Bank analyst Steve Powers maintains a Hold rating on Kellanova (NYSE:K) and raises the price target from $60 to $62.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:10 pm

IRT

JMP Securities analyst Aaron Hecht maintains a Market Outperform rating on Independence Realty Trust (NYSE:IRT) and raises the price target from $17 to $20.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:10 pm

HSY

Deutsche Bank analyst Steve Powers maintains a Hold rating on Hershey (NYSE:HSY) and lowers the price target from $192 to $191.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:10 pm

LTH

Wells Fargo analyst Michael Hirsh maintains an Equal-Weight rating on Life Time Group Holdings (NYSE:LTH) and raises the price target from $20 to $21.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:09 pm

CLX

Deutsche Bank analyst Stephen Powers maintains a Hold rating on Clorox (NYSE:CLX) and raises the price target from $144 to $151.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:09 pm

SQ

Block Inc. (NYSE: SQ) received positive analyst reviews following its Q2 results, showcasing strong growth in Cash App and strategic innovations. Analysts from JPMorgan, Goldman Sachs, RBC Capital Markets, Benchmark, and Stephens highlighted the company's solid earnings, increased guidance, and effective go-to-market strategy.

Portfolio Pulse from Priya Nigam

August 02, 2024 | 6:09 pm