Streetbeat News

Analyst Ratings

NICE

Analysts have mixed views on NICE (NASDAQ:NICE), with recent ratings ranging from bullish to bearish. The average 12-month price target is $332.6, up from $283.00, indicating a 17.53% increase. NICE's financial performance shows strong revenue growth and net margin, but challenges in ROE and debt management. The company specializes in customer engagement and financial crime compliance solutions.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:00 pm

NSC

Barclays upgraded Norfolk Southern (NYSE:NSC) to Overweight with a new price target of $305.00, up from $255.00. Norfolk Southern's shares have risen 1.97% in the last 24 hours to $258.79. The new target suggests a 17.86% potential upside. Norfolk Southern is a Class-I railroad operating in the Eastern U.S., hauling various goods over 20,000 miles of track.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:00 pm

RNG

Piper Sandler has maintained its Neutral rating on RingCentral (NYSE:RNG) but lowered its price target from $34.00 to $31.00. RingCentral's shares have decreased by 1.33% in the last 24 hours, currently trading at $30.45. The new price target suggests a potential upside of 1.81% from the current price. RingCentral is a provider of unified communications as a service (UCaaS), offering solutions for voice, video, and messaging across various devices.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:00 pm

TPH

Wedbush has maintained its Neutral rating on Tri Pointe Homes (NYSE:TPH) but raised its price target from $32.00 to $35.00. TPH shares are currently up 3.71%, trading at $36.07. The new price target suggests a potential downside of 2.97%. Tri Pointe Homes is a residential construction company, with its largest revenue sources being California, Arizona, and Nevada, completing about 4,000 homes annually.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:00 pm

LOW

Citigroup has maintained its Neutral rating on Lowe's Companies (NYSE:LOW) but raised its price target from $199.00 to $236.00. Lowe's shares are currently trading at $225.51, and the new target suggests a potential upside of 4.65%. Lowe's, a leading home improvement retailer, operates over 1,700 stores in the U.S. after divesting its Canadian locations in 2023.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:00 pm

RWT

JMP Securities analyst Steven Delaney maintains a Market Outperform rating on Redwood Trust (NYSE:RWT) but lowers the price target from $9 to $8.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 4:59 pm

CSGP

JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on CoStar Group (CSGP) but lowers the price target from $90 to $85.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 4:57 pm

NVDA

QQQ

SPY

Jim Cramer celebrates 'National NVIDIA Day' ahead of NVIDIA Corporation's (NASDAQ:NVDA) highly anticipated Q4 earnings report. Analysts expect a significant revenue increase to $20.62 billion from last year's $7.19 billion and earnings per share of $4.64, up from 88 cents. Cramer compares NVIDIA CEO Jensen Huang to Taylor Swift, emphasizing Huang's influence and success. NVIDIA's performance could impact the market, especially as it's a major holding in SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust (NASDAQ:QQQ).

Portfolio Pulse from Chris Katje

February 21, 2024 | 4:52 pm

PANW

S

SentinelOne, Inc. (NYSE:S) shares dropped following weak guidance from Palo Alto Networks, Inc. (NASDAQ:PANW) despite their own recent positive analyst upgrade. Palo Alto reported a 19% revenue increase in Q2 but projected lower-than-expected earnings for Q3. SentinelOne had been upgraded by B of A Securities from Neutral to Buy, with a price target increase from $26.50 to $35. SentinelOne's stock is down 11.5% at $25.79, but analysts have a positive outlook with an average 12-month price target of $28.18.

Portfolio Pulse from Erica Kollmann

February 21, 2024 | 4:48 pm

PANW

Northland Capital Markets analyst Nehal Chokshi downgraded Palo Alto Networks (PANW) from Outperform to Market Perform and set a $275 price target.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 4:45 pm