Streetbeat News

Analyst Ratings

FUBO

FuboTV (NYSE:FUBO) has been analyzed by 4 analysts, showing a mix of bullish to indifferent ratings. The average 12-month price target is now $4.00, up 23.08% from $3.25. Analysts from Wedbush, Roth MKM, Cantor Fitzgerald, and Needham have provided updates, with price targets ranging from $2.00 to $5.00. FuboTV, a sports-first live TV streaming company, shows a positive revenue trend with a 42.64% growth rate but trails behind industry peers. Its net margin and ROE indicate challenges in financial health and equity utilization.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 2:00 pm

CURLF

GTBIF

JUSHF

Zuanic & Associates initiated coverage of Jushi Holdings Inc. with an Overweight rating, citing its undervaluation and strategic positioning in the cannabis sector. The firm highlights Jushi's potential for significant growth, especially with the anticipated shift to recreational cannabis sales in Pennsylvania and Virginia. The analysis also compares Jushi's valuation to other key players in the industry, such as Green Thumb Industries and Curaleaf Holdings, and discusses the broader competitive landscape. Additionally, the report touches on the potential for industry consolidation and Jushi's financial resilience.

Portfolio Pulse from Nicolás Jose Rodriguez

February 21, 2024 | 1:59 pm

ENVX

Canaccord Genuity analyst George Gianarikas reiterated a Buy rating on Enovix (NASDAQ:ENVX) and maintained a $17 price target.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:58 pm

BCYC

Canaccord Genuity analyst Bill Maughan reiterated a Buy rating on Bicycle Therapeutics (NASDAQ:BCYC) and maintained a $60 price target.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:57 pm

EVTL

Canaccord Genuity analyst Austin Moeller upgraded Vertical Aerospace (NYSE:EVTL) from Hold to Buy and increased the price target from $1 to $1.5.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:55 pm

MFC

TD Securities analyst Mario Mendonca downgraded Manulife Financial (TSX:MFC) from Action List Buy to Buy, indicating a slight change in the investment outlook for the company.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:42 pm

PANW

Palo Alto Networks Inc (NASDAQ:PANW) shares dropped after issuing weak guidance post-quarterly results, despite beating Q2 revenue and EPS estimates. Analysts downgraded the stock or cut price targets. The company forecasts lower-than-expected revenue and earnings for the fiscal third quarter and full year 2024.

Portfolio Pulse from Adam Eckert

February 21, 2024 | 1:42 pm

WPM

TD Securities analyst Greg Barnes downgraded Wheaton Precious Metals (NYSE:WPM) from Buy to Hold, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:37 pm

HCKT

Craig-Hallum analyst George Sutton upgrades The Hackett Group (NASDAQ:HCKT) from Hold to Buy.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:34 pm

CLS

MPLX

TSM

Jim Cramer advised caution on buying Taiwan Semiconductor (TSM) on the first dip despite its 7.9% revenue growth, praised MPLX LP for its better-than-expected Q4 results, and recommended selling a third of Celestica (CLS) shares after its positive financial report. MPLX and Celestica's shares saw varied movements, while TSM's shares fell.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 1:28 pm