Streetbeat News

Analyst Ratings

CHRD

Truist Securities analyst Neal Dingmann maintains a Buy rating on Chord Energy (NASDAQ:CHRD) and raises the price target from $224 to $229.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:37 pm

ADI

Truist Securities analyst William Stein maintains a Buy rating on Analog Devices (NASDAQ:ADI) but lowers the price target from $226 to $222.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:35 pm

DOGEUSD

SHIBUSD

'Shiba Inu Killer' WIF has surged over 7,500% in less than three months, with predictions of further explosive growth. Cryptocurrency analyst Bluntz believes WIF will break the $0.50 resistance level, entering 'turbo parabolic' growth and challenging dog-themed coins like Dogecoin and Shiba Inu. WIF's rise signifies a shift in the memecoin sector, attracting new investors and challenging established coins. The total value of memecoins is $22.6 billion, with new entrants like Bonk and Pepe gaining traction.

Portfolio Pulse from Murtuza Merchant

February 22, 2024 | 5:33 pm

CARS

Barrington Research analyst Gary Prestopino has reiterated an Outperform rating on Cars.com (NYSE:CARS), maintaining a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:31 pm

CAT

Caterpillar (NYSE:CAT) has seen significant options trading activity, with a bullish sentiment prevailing among investors. Analysis of 16 trades reveals 68% bullish and 31% bearish expectations. The trades focus on a price range of $310.0 to $480.0 for Caterpillar, with the largest trades being bullish calls and bullish puts. Caterpillar, a leading manufacturer of heavy equipment, is currently trading at $320.38, up 1.02%, with analysts giving mixed ratings but a consensus target price of $332.4.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 5:31 pm

LKQ

Barrington Research analyst Gary Prestopino has reiterated an Outperform rating on LKQ (NASDAQ:LKQ) and maintained a $60 price target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:30 pm

RIGL

HC Wainwright & Co. analyst Joseph Pantginis reiterates a Buy rating on Rigel Pharmaceuticals (NASDAQ:RIGL) and maintains a $15 price target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:27 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) reported a Q4 loss wider than expected and plans to cut its salaried workforce by 10%. Despite beating revenue estimates with $1.32 billion, its loss per share of $1.36 missed expectations. The company anticipates producing 57,000 vehicles in 2024 with an adjusted EBITDA loss of $2.7 billion. Following the report, Rivian's shares dropped 25.2% to $11.52. Analysts from Needham, B of A Securities, and DA Davidson adjusted their price targets on RIVN, all maintaining their previous ratings.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 5:26 pm

RYTM

Needham analyst Joseph Stringer reiterated a Buy rating on Rhythm Pharmaceuticals (NASDAQ:RYTM) and maintained a $50 price target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:25 pm

CLNN

HC Wainwright & Co. analyst Joseph Pantginis reiterated a Buy rating on Clene (NASDAQ:CLNN) and maintained a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:20 pm