Streetbeat News

Analyst Ratings

NVS

BMO Capital has initiated coverage on Novartis (NVS) with a Market Perform rating and set a price target of $114.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 6:38 pm

NTLA

Goldman Sachs analyst Salveen Richter downgraded Intellia Therapeutics (NTLA) from Buy to Neutral and set a price target of $32.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 6:34 pm

NOVA

Northland Capital Markets analyst Donovan Schafer downgraded Sunnova Energy Intl (NOVA) from Outperform to Market Perform and reduced the price target from $12 to $9.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 6:32 pm

LBTYA

B of A Securities analyst David Wright downgraded Liberty Global (NASDAQ:LBTYA) from Neutral to Underperform, indicating a negative outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 6:29 pm

ALLE

JCI

Mizuho Securities analyst Brett Linzey downgraded Allegion Plc (ALLE) and Johnson Controls International Plc (JCI) to Neutral from Buy, citing market challenges and mixed performance. ALLE's Q4 earnings beat expectations but sales missed, while JCI's Q1 revenues fell short with an adjusted EPS outlook revision. Linzey raised ALLE's price target slightly but maintained JCI's, expressing concerns over non-residential market signals and execution abilities.

Portfolio Pulse from Lekha Gupta

February 23, 2024 | 6:28 pm

FOXF

B of A Securities analyst Alexander Perry downgrades Fox Factory Hldg (NASDAQ:FOXF) from Buy to Neutral and sets a $55 price target.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 6:28 pm

VICR

Craig-Hallum analyst Richard Shannon downgraded Vicor (NASDAQ:VICR) from Buy to Hold, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 6:26 pm

BCOV

Lake Street analyst Eric Martinuzzi has downgraded Brightcove (NASDAQ:BCOV) from Buy to Hold and set a new price target of $3.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 6:24 pm

CVNA

Carvana Co (NYSE:CVNA) shares surged following its Q4 earnings report, with analysts from RBC Capital Markets, Wedbush, JMP Securities, Needham, and William Blair providing positive outlooks despite mixed results. The company's strong EBITDA guidance and record retail non-GAAP gross profit per unit were highlights, leading to increased price targets and reaffirmed ratings.

Portfolio Pulse from Priya Nigam

February 23, 2024 | 6:23 pm

FTI

HSBC analyst Abhishek Kumar downgraded TechnipFMC (NYSE:FTI) from Buy to Hold and set a new price target of $23.6.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 6:23 pm