Streetbeat News

Analyst Ratings

MSFT

The analysis compares Microsoft (MSFT) to its competitors in the Software industry, highlighting its financial metrics and market positioning. Microsoft shows potential undervaluation based on its P/E and P/B ratios, a high P/S ratio indicating overvaluation in sales, and a lower ROE suggesting inefficiency. However, its high EBITDA, gross profit, and revenue growth rate position it strongly for future growth. Microsoft's lower debt-to-equity ratio compared to peers indicates a healthier financial position.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 4:00 pm

PANW

Palo Alto Networks Inc (NASDAQ:PANW) is set to report its Q2 earnings on Feb. 20, with Wall Street expecting $1.30 EPS and $1.97 billion in revenues. The stock has seen a 113% increase over the past year. Technical analysis shows a moderately bullish trend despite slight selling pressure, with various indicators mostly suggesting a Buy signal. Analyst consensus rates PANW as a Buy with a price target of $292.69, while Wedbush's Dan Ives projects a 16% upside, setting a target at $425.

Portfolio Pulse from Surbhi Jain

February 19, 2024 | 2:14 pm

HIVE

Canaccord Genuity analyst Joseph Vafi has reiterated a Buy rating on HIVE Digital Technologies (NASDAQ:HIVE) and maintained a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

February 19, 2024 | 10:29 am

WEN

Stephens & Co. analyst Joshua Long maintains an Overweight rating on Wendy's (NASDAQ:WEN) but lowers the price target from $22 to $20.

Portfolio Pulse from Benzinga Newsdesk

February 19, 2024 | 10:06 am

BTCUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' predicts Bitcoin will reach $100k by June 2024. He continues to advocate for investing in 'hard assets' like gold, silver, and Bitcoin, criticizing the Federal Reserve and urging followers to monitor the upcoming Bitcoin halving event in April 2024. Bitcoin has recently hit a 26-month high of $52,000, gaining almost 23% this year.

Portfolio Pulse from Benzinga Neuro

February 19, 2024 | 5:21 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin, Ethereum, and Dogecoin saw gains as the global cryptocurrency market cap rose to $1.96 trillion. Bitcoin is consolidating at $52,000, with expectations of a rise to $54-58K before a correction. Analysts note Bitcoin's dominance and potential corrections, while ETF trading volumes thrive.

Portfolio Pulse from Shivdeep Dhaliwal

February 19, 2024 | 2:43 am

GOOG

GOOGL

On the BG2POD podcast, Brad Gerstner and Bill Gurley discussed Alphabet Inc.'s (GOOGL, GOOG) challenge in adapting its business model to the evolving AI landscape, contrasting it with innovative AI interfaces like Perplexity and ChatGPT. They highlighted Google's reliance on an advertising model and the potential disruption by AI technologies. Gerstner expressed skepticism about Google's ability to maintain its dominance in this new era, despite a general consensus of its continued leadership. He also suggested strategic moves for OpenAI to focus on becoming the leading consumer AI interface.

Portfolio Pulse from Shanthi Rexaline

February 18, 2024 | 11:50 pm

BTCUSD

Mark Yusko, CEO of Morgan Creek Capital, predicts Bitcoin could reach $150,000 by mid-next year, citing network effects and increasing user and miner numbers. He suggests Bitcoin's fair value is around $75,000 to $80,000 this cycle but expects a severe correction before hitting new highs. Yusko anticipates a 'crypto fall' and a significant selling wave influenced by the Bitcoin halving and seasonal selling patterns, with Bitcoin currently trading at $51,676.63.

Portfolio Pulse from Bibhu Pattnaik

February 18, 2024 | 1:50 pm

TIP

Larry Summers, former Treasury Secretary, commented on recent inflation data, suggesting the next Federal Reserve move could be a rate increase rather than a cut. January's consumer and producer price inflation numbers were higher than expected, challenging the notion of a 'soft-landing' for the economy. Summers highlighted the resilience of housing costs, particularly owner-occupied housing, which may not be as deflationary as previously thought. He also criticized the strict 2% inflation target and suggested the Fed should proceed with caution, noting a potential rate hike in the future.

Portfolio Pulse from Shanthi Rexaline

February 17, 2024 | 6:38 pm

ANET

DIS

NVDA

PANW

TSLA

The article discusses the end of a five-week winning streak for major indexes due to unexpectedly high inflation data, influencing market expectations for Federal Reserve rate cuts. It highlights bullish and bearish perspectives on stocks like Tesla, Nvidia, Disney, and AI-related companies Palo Alto Networks and Arista Networks, as well as a prediction for Dogecoin. Concerns over inflation, market peaks, and corporate governance issues at Disney are also mentioned.

Portfolio Pulse from Michael Cohen

February 17, 2024 | 2:22 pm