Streetbeat News

Analyst Ratings

CVNA

Carvana's stock (CVNA) experienced a rise after RBC Capital upgraded its rating from Underperform to Sector Perform and increased its price target from $45 to $90.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:34 pm

RMR

B. Riley Securities analyst Bryan Maher maintains a Buy rating on RMR Group (NASDAQ:RMR) but lowers the price target from $37 to $35.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:33 pm

AVAV

Baird analyst Peter Arment downgraded AeroVironment (NASDAQ:AVAV) from Outperform to Neutral and set a price target of $161.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:32 pm

HUMA

Piper Sandler analyst Matt O'Brien has maintained a Neutral rating on Humacyte (NASDAQ:HUMA) and increased the price target from $3 to $4.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:32 pm

GPS

Evercore ISI Group analyst Michael Binetti maintains an Outperform rating on Gap (NYSE:GPS) and raises the price target from $22 to $24.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:30 pm

AKA

Truist Securities analyst Youssef Squali downgraded a.k.a. Brands Holding (NYSE:AKA) from Buy to Hold and reduced the price target from $12 to $10.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:30 pm

BURL

Burlington Stores, Inc. (NYSE:BURL) reported better-than-expected Q4 financial results, with a 14% Y/Y revenue growth to $3.126 billion and a 25% Y/Y increase in adjusted EPS to $3.69. The company's guidance for FY24 includes an adjusted EPS of $7.00-$7.60 and sales growth of 9% to 11%. Following the report, Telsey Advisory Group, Barclays, and Baird raised their price targets on BURL. Burlington shares surged 7.5% to close at $221.26.

Portfolio Pulse from Avi Kapoor

March 08, 2024 | 1:30 pm

ALXO

Piper Sandler analyst Christopher Raymond has maintained an Overweight rating on ALX Oncology Holdings (NASDAQ:ALXO) and increased the price target from $11 to $21.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:29 pm

HESM

JP Morgan analyst Jeremy Tonet downgraded Hess Midstream (NYSE:HESM) from Overweight to Neutral, indicating a shift in the bank's outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:28 pm

KGS

JP Morgan analyst Jeremy Tonet downgraded Kodiak Gas Services (NYSE:KGS) from Overweight to Neutral and set a price target of $27.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 1:26 pm