Streetbeat News

Analyst Ratings

KMI

Truist Securities analyst Neal Dingmann downgraded Kinder Morgan (KMI) from Buy to Hold and reduced the price target from $22 to $20.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:54 am

DIS

Barclays analyst Kannan Venkateshwar upgraded Walt Disney (NYSE:DIS) from Equal-Weight to Overweight and increased the price target from $95 to $135, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:51 am

RIVN

Mizuho analyst Vijay Rakesh downgraded Rivian Automotive (RIVN) from Buy to Neutral and set a new price target of $12.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:47 am

NIO

Mizuho analyst Vijay Rakesh downgraded NIO Inc. (NYSE:NIO) from Buy to Neutral and set a new price target of $5.5. This adjustment reflects a change in the firm's outlook on NIO's stock.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:43 am

TSLA

Mizuho analyst Vijay Rakesh downgraded Tesla (TSLA) from Buy to Neutral and set a new price target of $195.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:39 am

RRX

Keybanc analyst Jeffrey Hammond has maintained an Overweight rating on Regal Rexnord (NYSE:RRX) and increased the price target from $180 to $210.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:34 am

FFND

TSLA

Tesla, Inc. (NASDAQ:TSLA) is anticipated to report first-quarter deliveries that may significantly miss forecasts, with estimates around 425,000 units versus the consensus of 468,000. Gary Black of Future Fund highlighted concerns over Tesla's volume growth and its high valuation, noting the company's P/E ratios for 2024 and 2025 appear vulnerable without significant earnings or volume growth. Future Fund Active ETF (NYSE:FFND) has reduced its Tesla exposure. Tesla's stock has declined over 31% year-to-date.

Portfolio Pulse from Shanthi Rexaline

March 25, 2024 | 5:33 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin, Ethereum, and Dogecoin experienced gains as the new trading week began, with the global cryptocurrency market cap increasing by 4.2% to $2.55 trillion. Analyst Michaël van de Poppe suggests the altcoin market is 'bottoming out' and predicts Bitcoin could test the $70,000 level this week. Another analyst, Ali Martinez, noted a significant surge in dormant Bitcoin tokens changing hands, indicating potential price volatility ahead.

Portfolio Pulse from Shivdeep Dhaliwal

March 25, 2024 | 4:45 am

CCJ

DBO

UNG

URA

URNM

USO

Rick Rule, a seasoned investor in natural resources, emphasizes the importance of contrarian investing in the volatile mining sector. He highlights the cyclical nature of these industries and the necessity to invest in commodities priced below production costs. Rule notes the recent boom and subsequent decline in Uranium prices, suggesting the easy money has been made. He recommends Cameco Corp (CCJ) for investors interested in Uranium. Rule also believes oil and gas remain lucrative despite market skepticism, citing the minimal impact of alternative energies on hydrocarbon market share.

Portfolio Pulse from Natan Ponieman

March 24, 2024 | 6:00 pm

BTCUSD

SHIBUSD

This week in cryptocurrency saw meme coins like Book Of Meme outperform Shiba Inu, major cryptocurrencies including Bitcoin experience significant price drops, and notable figures like Robert Kiyosaki advising investment in Bitcoin and gold over stocks and bonds due to China's economic instability. Binance's announcement to list Book Of Meme boosted its performance, while over $650 million in cryptocurrencies were liquidated following a sharp market sell-off. Predictions from 10x Research about a Bitcoin dip came true, and Peter Schiff criticized CNBC for biased reporting on Bitcoin's performance.

Portfolio Pulse from Benzinga Neuro

March 24, 2024 | 6:53 am