Streetbeat News

Analyst Ratings

CLH

Clean Harbors, Inc. (NYSE:CLH) exceeded Q4 earnings expectations with $1.82 per share against the estimated $1.69, but fell short on sales with $1.34 billion versus the expected $1.36 billion. The company anticipates 2-3% adjusted EBITDA growth in Q1. Following the report, analysts from Needham, BMO Capital, and Truist Securities raised their price targets for CLH, reflecting optimism in its financial performance and growth prospects. Clean Harbors shares slightly increased by 0.2% to $181.79.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 5:54 pm

BIDU

Baidu's stock price has seen an increase following positive remarks from Citron Research on social media, indicating a bullish outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:53 pm

ETSY

Truist Securities analyst Naved Khan has maintained a Buy rating on Etsy (NASDAQ:ETSY) but lowered the price target from $87 to $85.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:52 pm

BIDU

Citron Research has made a bullish statement on Baidu Inc. (BIDU), suggesting its stock should reach $210 due to its underappreciated status in AI and its position as a leader in the Chinese AI market. They note the stock is trading at a historically low multiple and express confidence that the current slump in China will end.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:50 pm

BALY

Stifel analyst Jeffrey Stantial maintains a Hold rating on Ballys (NYSE:BALY) and lowers the price target from $13 to $11.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:50 pm

CCRN

Truist Securities analyst Tobey Sommer has maintained a Hold rating on Cross Country Healthcare (CCRN) and reduced the price target from $22 to $16.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:48 pm

AVGO

Deep-pocketed investors have shown a bearish sentiment towards Broadcom (NASDAQ:AVGO), with a notable shift in options trading activity. Benzinga's tracking revealed 107 extraordinary options activities, with a bearish majority. The options span a price range from $1000 to $1800. Despite this, AVGO's stock is up 4.36%, with a current price of $1281.02. Analysts have mixed views, with an average target price of $1337.5, but some downgrades to Overweight have been noted.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 5:46 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

NVIDIA Corp (NASDAQ:NVDA) reported earnings that exceeded expectations, with significant growth in AI inference shipments, indicating rapid AI adoption. The FOMC minutes were hawkish, suggesting no near-term rate cuts. Jobless claims were lower than expected, showing a strong job market. Japan's Nikkei 225 reached a 34-year high, highlighting the potential for long bear markets. Early trade showed positive money flows in major tech stocks and ETFs, while Bitcoin's sentiment was boosted by NVIDIA's earnings.

Portfolio Pulse from The Arora Report

February 22, 2024 | 5:42 pm

CLH

Truist Securities analyst Tobey Sommer has maintained a Buy rating on Clean Harbors (NYSE:CLH) and increased the price target from $200 to $210.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:41 pm

LCID

Lucid Group Inc (NASDAQ:LCID) reported Q4 financial results with revenue of $157.2 million, missing estimates, but a smaller loss per share than expected. The company produced 2,391 vehicles and delivered 1,734 in Q4, and issued a full-year production guidance of approximately 9,000 vehicles. Following the report, Lucid shares fell 16.8% to $3.08. Analysts from Cantor Fitzgerald and B of A Securities adjusted their price targets on Lucid Group, with Cantor Fitzgerald also downgrading the stock.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 5:40 pm