Streetbeat News

Analyst Ratings

BTBT

CLSK

CORZ

HIVE

MARA

RIOT

WGMI

Economist Peter Schiff raised concerns about the underperformance of bitcoin mining stocks despite Bitcoin's recent surge. He noted that while Bitcoin and other related stocks hit record highs, major bitcoin mining stocks like Marathon Digital Holdings, Riot Platforms, HIVE Digital Technologies, Bit Digital, CleanSpark, and Core Scientific experienced losses. Schiff suggests this divergence could indicate potential trouble for Bitcoin. The Valkyrie Bitcoin Miners ETF also saw a premarket drop.

Portfolio Pulse from Shanthi Rexaline

March 05, 2024 | 12:27 pm

OGS

Ladenburg Thalmann analyst Paul Fremont upgrades ONE Gas (NYSE:OGS) from Neutral to Buy and sets a price target of $64.5.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:20 pm

T

Wolfe Research analyst John Janedis upgraded AT&T (NYSE:T) from Peer Perform to Outperform and set a $21 price target.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:19 pm

DLTR

Guggenheim analyst John Heinbockel maintains a Buy rating on Dollar Tree (NASDAQ:DLTR) and raises the price target from $155 to $170.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:14 pm

SE

Sea Limited (NYSE:SE) reported Q4 sales surpassing estimates with $3.62 billion against the expected $3.53 billion. Despite a quarterly loss of 19 cents per share compared to last year's profit of 72 cents, the company saw a 40.6% Y/Y increase in core marketplace revenue and a 46.0% Y/Y rise in gross orders. CEO Forrest Li announced Sea's first full year of annual profit since its IPO, with a strong balance sheet and a cash position of $8.5 billion. Sea expects Shopee's GMV growth in the high teens and a positive adjusted EBITDA in H2 2023. Following the report, Sea shares rose 5.6% to $53.90, and analysts from Bernstein and JP Morgan raised their price targets to $60 and $70, respectively.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 12:13 pm

SPRY

Leerink Partners analyst Roanna Ruiz upgrades ARS Pharmaceuticals (NASDAQ:SPRY) from Market Perform to Outperform and raises the price target from $6 to $18.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:11 pm

CABO

MoffettNathanson analyst Craig Moffett upgrades Cable One (NYSE:CABO) from Neutral to Buy and sets a $615 price target.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:10 pm

CASY

Wells Fargo analyst Anthony Bonadio maintains an Overweight rating on Casey's General Stores (CASY) and raises the price target from $305 to $340.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:07 pm

UNCY

HC Wainwright & Co. analyst Ed Arce reiterates a Buy rating on Unicycive Therapeutics (NASDAQ:UNCY) and maintains a $4.5 price target.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:06 pm

PR

Wells Fargo analyst Hanwen Chang has maintained an Overweight rating on Permian Resources (NYSE:PR) and increased the price target from $17 to $18.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:05 pm