Streetbeat News

Analyst Ratings

RCUS

Wedbush analyst Robert Driscoll has reiterated an Outperform rating on Arcus Biosciences (NYSE:RCUS) and maintained a $30 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:50 pm

ALAB

BX

CGNX

ECL

KKR

NET

Jim Cramer recommended buying Cloudflare (NET) citing upbeat earnings and Cognex (CGNX) for its niche market. He praised KKR (KKR) and Blackstone (BX) for their performance, despite typically avoiding such recommendations. Cramer advised waiting on Astera Labs (ALAB) due to high prices but endorsed Ecolab (ECL) after its earnings report. Cloudflare, Cognex, KKR, Blackstone, and Ecolab shares saw varied movements, while Astera Labs shares dipped significantly.

Portfolio Pulse from Avi Kapoor

May 09, 2024 | 12:50 pm

COLB

LNC

OMF

Wall Street's most accurate analysts recommend holding three financial stocks with dividend yields over 6%: Columbia Banking System, Inc. (COLB), OneMain Holdings, Inc. (OMF), and Lincoln National Corporation (LNC). These recommendations come amidst market turbulence, with each stock having recent positive earnings reports or corporate announcements.

Portfolio Pulse from Avi Kapoor

May 09, 2024 | 12:49 pm

IGMS

Wedbush analyst Robert Driscoll has reiterated an Outperform rating on IGM Biosciences (NASDAQ:IGMS) and maintained a $20 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:49 pm

GNK

Jefferies analyst Omar Nokta has maintained a Buy rating on Genco Shipping & Trading (NYSE:GNK) and increased the price target from $26 to $27.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:48 pm

MTCH

Goldman Sachs analyst Alexandra Steiger maintains a Buy rating on Match Group (MTCH) but lowers the price target from $47 to $37.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:48 pm

RVMD

Wedbush analyst Robert Driscoll maintains an Outperform rating on Revolution Medicines (NASDAQ:RVMD) and raises the price target from $42 to $46.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:47 pm

LYFT

Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Lyft (NASDAQ:LYFT) and increased the price target from $16 to $19.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:46 pm

INTC

Goldman Sachs analyst Toshiya Hari has maintained a Sell rating on Intel (NASDAQ:INTC) and lowered the price target from $34 to $30.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:45 pm

BMBL

Bumble Inc. (NASDAQ:BMBL) reported Q1 earnings surpassing expectations with earnings of 19 cents per share against the estimated 17 cents, and sales of $267.77 million over the forecasted $265.47 million. CEO Lidiane Jones highlighted progress towards growth and innovation in the online dating experience. Despite the positive results, Bumble's Q2 revenue forecast of $269 million to $275 million falls short of the expected $278.63 million, leading to a slight 0.3% drop in shares. Analysts from Evercore ISI Group and Goldman Sachs adjusted their price targets post-earnings, with Evercore raising it to $18 and Goldman Sachs reducing it to $15.

Portfolio Pulse from Avi Kapoor

May 09, 2024 | 12:44 pm