Streetbeat News

Analyst Ratings

BYON

Needham analyst Anna Andreeva reiterated a Buy rating on Beyond (NYSE:BYON) and maintained a $40 price target.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 6:12 pm

DOOR

OC

Stifel analyst Stanley S. Elliott downgraded Masonite International Corporation (NYSE:DOOR) to Hold from Buy, raising the price target to $133 from $119, following mixed Q4 results with revenue and EPS below consensus. The downgrade reflects gains in North America offset by struggles in Europe and Architectural. Additionally, Owens Corning Inc (NYSE:OC) is set to acquire Masonite for $133 per share, a deal expected to close by mid-2024 without anticipated regulatory hurdles. The acquisition aligns with the ongoing consolidation in the building products industry. Masonite's 'Doors That Do More' strategy is expected to drive consistent revenue and margin performance.

Portfolio Pulse from Lekha Gupta

February 21, 2024 | 6:11 pm

CHPT

Benchmark analyst Mickey Legg initiated coverage on ChargePoint Holdings, Inc. (NYSE:CHPT) with a Buy rating and a price target of $4.25, citing its industry-leading charging network and potential for growth amid the EV market expansion. ChargePoint's strategy and new partnerships, such as with AcBel Polytech for developing EV charging solutions, are highlighted alongside projections for revenue growth and reduced EPS loss from 2024 to 2026. However, shares dropped 3.16% to $1.9950 recently.

Portfolio Pulse from Lekha Gupta

February 21, 2024 | 6:07 pm

WMT

Guggenheim analyst Robert Drbul has maintained a Buy rating on Walmart (NYSE:WMT) and increased the price target from $190 to $200.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 6:07 pm

NVDA

Truist analyst William Stein reiterated a Buy rating on Nvidia Corp (NASDAQ:NVDA) with a price target of $691, ahead of its Q4 2023 results due on February 21, 2024. Stein anticipates Nvidia to surpass its performance expectations, continuing its trend of exceeding revenue and EPS forecasts. Nvidia has guided for $20 billion in sales and $4.47 in EPS for Q4 2024. The company's strong demand in its supply chain and innovative product pipeline, including the Grace CPU and H200 GPU, support a bullish outlook despite industry cyclicality concerns. Nvidia's significant sales in AI-related products and services highlight its solid market position. NVDA shares traded lower by 3.43% at $670.55 recently.

Portfolio Pulse from Anusuya Lahiri

February 21, 2024 | 6:05 pm

S

Guggenheim analyst Raymond McDonough has maintained a Buy rating on SentinelOne (NYSE:S) and increased the price target from $26 to $32.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 6:05 pm

HD

Guggenheim analyst Steven Forbes maintains a Buy rating on Home Depot (HD) and raises the price target from $370 to $390.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 6:02 pm

CRWD

Guggenheim analyst John Difucci maintains a Buy rating on CrowdStrike Holdings (CRWD) and raises the price target from $274 to $358.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 6:00 pm

CFB

CrossFirst Bankshares (NASDAQ:CFB) has been analyzed by 5 analysts, showing a shift towards a more bullish stance over the past three months. The average 12-month price target has increased to $17.4, reflecting a 6.55% rise from the previous target of $16.33. Analysts from firms like Keefe, Bruyette & Woods and Stephens & Co. have raised their price targets, indicating a positive outlook on CFB's performance. The company's financial health is strong, with notable revenue growth, high net margin, and exceptional ROE and ROA, despite a smaller market capitalization compared to industry peers.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:00 pm

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