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Analyst Ratings

GLUE

Monte Rosa Therapeutics' stock price increased following Wedbush's initiation of coverage with an Outperform rating and a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:43 pm

TTD

The Trade Desk, Inc. (NASDAQ:TTD) shares rose after reporting Q4 financial results that exceeded expectations and provided strong guidance. Despite missing EPS estimates, sales outperformed analyst predictions, and the company expanded its share repurchase program. Keybanc upgraded its price target for TTD following these results.

Portfolio Pulse from Erica Kollmann

February 16, 2024 | 4:42 pm

SMCI

Super Micro Computer Inc (NASDAQ:SMCI) experienced a significant drop of nearly 12% on Friday, despite a premarket increase of 5.6% and a record 36% weekly gain. The company, a key player in the AI server market, has seen its stock rise in 18 of the last 20 sessions, with a more than 250% increase this year, following a 246% gain in 2023. Bank of America initiated coverage with a buy rating, and Wells Fargo Securities started with an equal-weight rating. Despite some analysts' concerns about the stock being overbought, Super Micro's focus on AI and engineering has driven its valuation to over $56 billion, making it the S&P Midcap 400 Index's top performer.

Portfolio Pulse from Anusuya Lahiri

February 16, 2024 | 4:39 pm

MFC

RBC Capital analyst Darko Mihelic has maintained an Outperform rating on Manulife Financial (TSX:MFC) and increased the price target from C$34 to C$38.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:37 pm

QSR

RBC Capital analyst Christopher Carril has reiterated an Outperform rating on Restaurant Brands Intl (NYSE:QSR) and maintained a $90 price target.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:34 pm

DIS

GOOG

NFLX

ROKU

Roku, Inc. (NASDAQ:ROKU) stock fell after reporting Q4 results with higher revenue but a larger EPS loss than expected. Despite beating revenue forecasts, its EPS loss of $(0.55) was below the expected $(0.54). Roku anticipates Q1 revenue above consensus, added 4.2 million net accounts, but saw a 4% decrease in average revenue per user. Analyst Jason Helfstein downgraded Roku to Perform. Roku introduced premium TVs and partnered with GroupM for ad buying. Its success is partly tied to Netflix's ad-supported tier expansion.

Portfolio Pulse from Anusuya Lahiri

February 16, 2024 | 4:34 pm