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Analyst Ratings

BTCUSD

Max Keiser, a Bitcoin advocate, compared buying Bitcoin at its current price to purchasing Berkshire Hathaway shares when they were at $1,500, suggesting a potential for significant growth. He forecasted a possible 41,828% increase in Bitcoin's value, which would elevate its market cap to over $454 trillion. This comes alongside his warning of an impending market crash, where Bitcoin would emerge as a safe haven.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 10:21 am

SFIX

Telsey Advisory Group analyst Dana Telsey reiterated a 'Market Perform' rating on Stitch Fix (NASDAQ:SFIX) and maintained a $4 price target.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:18 am

BBY

Telsey Advisory Group analyst Joseph Feldman has reiterated a 'Market Perform' rating on Best Buy Co (NYSE:BBY) and maintained a $75 price target.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:09 am

Canaccord Genuity analyst Joseph Vafi has maintained a Buy rating on Block (NYSE:SQ) and increased the price target from $80 to $95.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:02 am

COGT

Needham analyst Ami Fadia reiterated a Buy rating on Cogent Biosciences (NASDAQ:COGT) and maintained an $18 price target.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:59 am

BTCUSD

ETHUSD

Economist Paul Krugman criticized the blockchain-backed inflation tracking site Truflation for reporting inflation numbers that are consistently lower than those of the Bureau of Labor Statistics (BLS). Truflation uses real-time metrics for daily inflation tracking, yet its figures have been below the government-reported rate of 3.4%. Krugman's comments also touched on the technology behind Truflation, which is related to cryptocurrencies like Bitcoin and Ethereum, suggesting a bias due to its blockchain backing.

Portfolio Pulse from Benzinga Neuro

February 26, 2024 | 7:04 am

DPZ

Domino's Pizza, Inc. (NYSE:DPZ) is anticipated to report higher Q4 earnings on Feb. 26, 2024, with expected earnings of $4.38 per share compared to $3.97 per share a year ago, and projected revenue of $1.42 billion up from $1.39 billion. The company previously reported better-than-expected Q3 earnings. Analysts from Oppenheimer, HSBC, Piper Sandler, JP Morgan, and BMO Capital have provided various ratings and price targets for DPZ, reflecting a generally positive outlook.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 6:16 am

FBTC

GBTC

IBIT

Cryptocurrencies showed mixed performance with Bitcoin near $52,000 after a two-week rally. Grayscale Bitcoin Trust (GBTC) saw its lowest outflows since January, while BlackRock's IBIT and Fidelity's FBTC reported significant inflows. Ethereum surpassed $3,000, indicating a potential upswing for altcoins. Analysts are divided on Bitcoin's short-term direction, with some predicting a correction post-halving. The global cryptocurrency market cap decreased by 2.19%.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 3:15 am

AAPL

AMZN

META

MSFT

NVDA

TSLA

The term 'Magnificent Seven', representing a group of mega-cap stocks including AAPL, META, NVDA, TSLA, AMZN, and MSFT, is declared over by analyst Mike O'Rourke. These stocks, once dominating the S&P 500's gains, now show diverging fortunes, with AI's increasing market importance causing shifts. Nvidia and Meta are highlighted as key AI players, while Tesla faces challenges. Dan Niles suggests focusing on the 'Fantastic Four': Nvidia, Meta, Amazon, and Microsoft. Broadcom is considered a potential replacement for Tesla.

Portfolio Pulse from Benzinga Neuro

February 26, 2024 | 2:17 am

BTC

ETH

NVDA

Ivan from Mad Crypto Money discusses the potential of gaming as the next big retail-driven bubble in crypto, citing crypto VC Andrew Kang's views. He also touches on the challenges of timing market cycles in crypto, the simplicity of investing strategies like DCA, and the emerging 'superbubble' of crypto and AI, highlighting Nvidia's role. Ivan suggests that the real opportunity lies in AI and crypto integration, advising readers to stay informed on new developments.

Portfolio Pulse from Ivan Crnogatić

February 25, 2024 | 11:19 pm