Streetbeat News

Analyst Ratings

AMZN

HOLX

M

WEC

Wall Street analysts have updated their forecasts for several US-listed companies, including price target adjustments and rating changes. Notable mentions include JP Morgan's downgrade of WEC Energy and Citigroup's upgrade of Macy's. Amazon received a significant price target increase from JP Morgan, suggesting a potential rally. Other companies like Hologic, Roper Technologies, Deckers Outdoor, Gold Fields, New York Community Bancorp, Microchip Technology, and Lancaster Colony also saw changes in their analyst ratings and price targets.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 12:33 pm

LANC

Stephens & Co. analyst Jim Salera downgraded Lancaster Colony (LANC) from Overweight to Equal-Weight but raised the price target from $205 to $218.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:30 pm

NRIX

Needham analyst Gil Blum reiterated a Buy rating on Nurix Therapeutics (NASDAQ:NRIX) and maintained a $31 price target.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:27 pm

MCHP

Needham analyst Quinn Bolton maintains a Buy rating on Microchip Technology (NASDAQ:MCHP) and raises the price target from $85 to $90.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:25 pm

AAPL

AMZN

META

QQQ

SPY

Nasdaq futures are up as Meta and Amazon's earnings gains offset Apple's decline. Mixed earnings raise concerns about the economy and corporate profits. The non-farm payrolls report is expected to influence trading. Analyst Louis Navellier highlights two factors for a bullish outlook: a solid January for major indexes and the incumbent President's reelection campaign. SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket increases. Various companies, including Amazon, Meta, and Apple, are in focus due to their earnings reports.

Portfolio Pulse from Shanthi Rexaline

February 02, 2024 | 12:24 pm

CLFD

Needham analyst Ryan Koontz maintains a Buy rating on Clearfield (NASDAQ:CLFD) but lowers the price target from $40 to $36.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:22 pm

AMZN

JP Morgan analyst Doug Anmuth maintains an Overweight rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $190 to $225, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:18 pm

AAPL

Needham analyst Laura Martin reiterates a Buy rating on Apple (AAPL) and maintains a $220 price target.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:15 pm

AMZN

Needham analyst Laura Martin maintains a Buy rating on Amazon.com (NASDAQ:AMZN) and raises the price target from $175 to $205.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:14 pm

BYON

Needham analyst Anna Andreeva has reiterated a Buy rating on Beyond (NYSE:BYON) and maintained a $40 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:08 pm