Streetbeat News

Analyst Ratings

PCTY

Piper Sandler analyst Arvind Ramnani maintains an Overweight rating on Paylocity Holding (PCTY) and raises the price target from $207 to $210.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:26 am

IBEX

Piper Sandler analyst Arvind Ramnani reiterated a Neutral rating on IBEX (NASDAQ:IBEX) and maintained a $17 price target.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:19 am

SYBX

HC Wainwright & Co. analyst Ed Arce downgraded Synlogic (NASDAQ:SYBX) from Buy to Sell, indicating a negative outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:17 am

LSPD

Piper Sandler analyst Clarke Jeffries has maintained a Neutral rating on Lightspeed Commerce (NYSE:LSPD) and reduced the price target from $20 to $18.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:17 am

LITE

Needham analyst Alex Henderson reiterates a Buy rating on Lumentum Holdings (NASDAQ:LITE) and maintains a $50 price target.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:15 am

LCID

Gary Black, a Future Fund Managing Partner, criticized Lucid Group's (NASDAQ:LCID) pricing strategy, stating that advertising cannot compensate for a bad product or pricing strategy. Despite Lucid's advertising efforts, including winning the '2023 World Luxury Car Of The Year', its stock has been declining. Black contrasts Lucid's strategy unfavorably with Tesla, advocating for a balanced approach of advertising and pricing to boost sales without hurting margins. Lucid's stock has seen a significant drop, closing up 3.9% at $3.51 recently but down 15.4% year-to-date and nearly 66% over the past year.

Portfolio Pulse from Anan Ashraf

February 09, 2024 | 11:15 am

KPRX

HC Wainwright & Co. analyst Yi Chen maintains a Buy rating on Kiora Pharmaceuticals (NASDAQ:KPRX), adjusting the price target to $2 from $3.5.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:14 am

CRIS

HC Wainwright & Co. analyst Edward White maintains a Buy rating on Curis (NASDAQ:CRIS) but lowers the price target from $51 to $26.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:07 am

ALUR

Jefferies analyst Matthew Taylor initiates coverage on Allurion Technologies (NYSE:ALUR) with a Buy rating and a price target of $5.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:03 am

CYBR

Needham analyst Alex Henderson has maintained a Buy rating on CyberArk Software (NASDAQ:CYBR) and increased the price target from $245 to $310.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:02 am