Streetbeat News

Analyst Ratings

CNP

Guggenheim analyst Shahriar Pourreza maintains a Buy rating on CenterPoint Energy (CNP) but lowers the price target from $33 to $32.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:59 pm

AXSM

Guggenheim analyst Yatin Suneja has maintained a Buy rating on Axsome Therapeutics (NASDAQ:AXSM) and increased the price target from $110 to $125.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:57 pm

UFPI

Benchmark analyst Reuben Garner maintains a Buy rating on UFP Industries (NASDAQ:UFPI) and raises the price target from $120 to $137.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:54 pm

CFB

Janney Montgomery Scott analyst John Rodis initiates coverage on CrossFirst Bankshares (NASDAQ:CFB) with a Neutral rating.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:46 pm

TDOC

Teladoc Health Inc (NYSE:TDOC) shares plummeted after reporting Q4 revenue below expectations and weak Q1 guidance. Analysts from RBC Capital Markets, DA Davidson, Piper Sandler, Stifel, Truist, and Guggenheim provided mixed reviews, adjusting price targets and expressing concerns over growth and profitability. Despite some positive aspects like chronic care enrollment growth, the overall sentiment was cautious, with a significant stock price drop.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 5:44 pm

WPM

National Bank Financial Inc analyst Shane Nagle downgraded Wheaton Precious Metals from Outperform to Sector Perform, indicating a neutral outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:39 pm

VZIO

JP Morgan analyst Cory Carpenter downgrades VIZIO Holding (VZIO) from Overweight to Neutral but raises the price target from $10 to $11.5.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:33 pm

VZIO

Craig-Hallum analyst Jason Kreyer downgrades VIZIO Holding (NYSE:VZIO) from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:31 pm

SEDG

Scotiabank analyst Tristan Richardson maintains a Sector Perform rating on SolarEdge Technologies (SEDG) and lowers the price target from $93 to $90.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:26 pm

AVGO

NVDA

TSLA

TSM

Broadcom Inc (NASDAQ:AVGO) has seen a 10% increase in shares, potentially positioning it to overtake Tesla Inc (NASDAQ:TSLA) in market capitalization. This comes as Tesla's shares have slumped 22%. Broadcom's upcoming quarterly earnings on March 7 are highly anticipated, with expectations of significant revenue and earnings growth, partly due to its acquisition of VMWare. Comparatively, Nvidia Inc (NASDAQ:NVDA) has outperformed with a 235% gain in shares, but both Broadcom and Nvidia face potential volatility ahead of Nvidia's earnings report. Analysts remain bullish on Broadcom, with several raising their price targets.

Portfolio Pulse from Neil Dennis

February 21, 2024 | 5:24 pm