Streetbeat News

Analyst Ratings

CDNS

Rosenblatt analyst Blair Abernethy downgraded Cadence Design Systems (CDNS) from Buy to Neutral but increased the price target from $265 to $280.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 1:06 pm

TWOU

Needham analyst Ryan MacDonald downgrades 2U (NASDAQ:TWOU) from Buy to Hold, indicating a change in the firm's outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 1:04 pm

NAPA

B of A Securities analyst Peter Galbo downgraded Duckhorn Portfolio (NYSE:NAPA) from Neutral to Underperform and reduced the price target from $11 to $8.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 1:01 pm

PLCE

Analyst ratings for Children's Place (NASDAQ:PLCE) show a bearish trend with a significant decrease in the average 12-month price target from $29.75 to $15.00, a 49.58% drop. Recent actions by analysts include lowering ratings and price targets, reflecting concerns over the company's performance and market conditions. Despite challenges in revenue growth and a high debt-to-equity ratio, Children's Place maintains a strong market position with a notable net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 1:00 pm

PAYO

Four financial analysts have recently shared mixed evaluations of Payoneer Global (NASDAQ:PAYO), with a consensus leaning towards a bullish outlook despite a decrease in the average 12-month price target from $7.50 to $7.00. The company has shown significant revenue growth of 30.91% over the past three months, outperforming its peers in the Financials sector. However, it faces challenges in profitability, asset utilization, and equity capital efficiency, as indicated by below-average net margin, ROA, and ROE. Payoneer's prudent financial strategy is reflected in its low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 1:00 pm

PWR

Quanta Services (NYSE:PWR) received mixed analyst ratings in the last quarter, with a shift towards a more bullish outlook in the last 30 days. The average 12-month price target for PWR is $230.75, marking a 3.48% increase from the previous target of $223.00. Analysts from Evercore ISI Group, Citigroup, and Stifel have recently adjusted their ratings and price targets, reflecting optimism about the company's performance and market position. Quanta Services, a leader in specialty contracting services, has shown strong financial health with significant revenue growth, high net margin, and effective debt management.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 1:00 pm

CBAY

HC Wainwright & Co. analyst Ed Arce downgraded CymaBay Therapeutics (NASDAQ:CBAY) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:57 pm

PYPL

Daiwa Capital analyst Kazuya Nishimura downgraded PayPal Holdings (PYPL) from Outperform to Neutral and reduced the price target from $64 to $62.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:55 pm

NET

DZ Bank analyst Axel Herlinghaus downgrades Cloudflare (NYSE:NET) from Buy to Hold and sets a $110 price target.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:52 pm

UAL

Redburn Atlantic analyst James Goodall downgrades United Airlines Holdings (NASDAQ:UAL) from Buy to Neutral and sets a $50 price target.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:48 pm