Streetbeat News

Analyst Ratings

QTWO

Analysts have recently updated their evaluations of Q2 Holdings (NYSE:QTWO), showing a positive shift in sentiment with an average 12-month price target of $49.5, up 26.92% from the previous $39.00. The updates include raised price targets and ratings from firms like Needham and Goldman Sachs, reflecting bullish to neutral outlooks. Q2 Holdings, a provider of cloud-based virtual banking solutions, has shown a revenue growth rate of 7.06% as of September 30, 2023, but faces challenges in profitability, debt management, and efficiency metrics compared to industry standards.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

IREN

Iris Energy (NASDAQ:IREN) has been analyzed by 4 analysts, showing a shift towards bullish sentiment with an average 12-month price target of $9.62, marking a 15.49% increase from the previous target. The company, a Bitcoin mining operation powered by renewable energy, has shown significant financial growth with a revenue increase of 205.69% as of December 31, 2023, and outperforms industry averages in net margin, ROE, and ROA, while maintaining a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

BROS

Analysts have varied opinions on Dutch Bros (NYSE:BROS), with recent ratings ranging from bullish to indifferent. The average 12-month price target is now $35.00, up 10.51% from the previous $31.67. Analyst actions include maintaining and raising ratings, with price targets adjusted accordingly. Dutch Bros's financial performance shows solid revenue growth but below-average profitability and efficiency metrics. Analyst ratings are crucial for investors, reflecting expert opinions on stock performance.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

RELY

In the last three months, 5 analysts have provided diverse ratings on Remitly Global (NASDAQ:RELY), with a recent shift towards a more cautious outlook. The average 12-month price target is now $23.0, down 11.54% from the previous target. Analyst actions include both upgrades and downgrades, reflecting changing market dynamics and company performance. Remitly Global, offering financial services to immigrants, shows a positive revenue trend with a 42.76% growth rate but struggles with profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

DASH

DoorDash (NASDAQ:DASH) received mixed analyst ratings with a recent average price target of $128.89, marking a 14.38% increase from the previous target. The company's financial performance shows a 25% year-over-year increase in gross order volume and a 31% increase in revenue. However, it faces challenges with a net margin of -6.69% and below-average ROE and ROA. The company's market capitalization is above industry average, indicating investor confidence.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

SNPS

Needham analyst Charles Shi reiterates a Buy rating on Synopsys (NASDAQ:SNPS) and maintains a $660 price target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:00 pm

QTWO

Needham analyst Mayank Tandon maintains a Buy rating on Q2 Holdings (NYSE:QTWO) and raises the price target from $50 to $58.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:51 am

DNLI

HC Wainwright & Co. analyst Andrew Fein has reiterated a Buy rating on Denali Therapeutics (NASDAQ:DNLI) and maintained a $105 price target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:49 am

UTHR

HC Wainwright & Co. analyst Andrew Fein has reiterated a Buy rating on United Therapeutics (NASDAQ:UTHR), maintaining a $300 price target. This reaffirmation of the company's stock rating and price target suggests a positive outlook on United Therapeutics' future performance.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:48 am

OCGN

HC Wainwright & Co. analyst Swayampakula Ramakanth has reiterated a Buy rating on Ocugen (NASDAQ:OCGN) and maintained a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:46 am