Streetbeat News

Analyst Ratings

AUPH

RBC Capital analyst Douglas Miehm has maintained an Outperform rating on Aurinia Pharmaceuticals (NASDAQ:AUPH) but lowered the price target from $13 to $8.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:13 pm

PCOR

Procore Technologies, Inc. (NASDAQ:PCOR) exceeded Q4 earnings and sales expectations, with adjusted earnings of 17 cents per share against an estimate of 7 cents, and sales of $260.04 million versus the expected $248.27 million. The company also highlighted its achievement of surpassing $1B in total annual recurring revenue and its status as a top workplace in technology. Following the report, Piper Sandler and Keybanc raised their price targets for PCOR, with shares increasing by 0.8% to $75.18.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 4:06 pm

LLY

Morgan Stanley analyst Terence Flynn has maintained an Overweight rating on Eli Lilly (LLY) and increased the price target from $805 to $950. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:04 pm

YETI

Analysts have provided mixed ratings for YETI Holdings (NYSE:YETI) with a recent shift towards a more cautious stance. Over the past three months, 5 analysts have offered ratings, with a current average price target of $43.6, down from $44. This reflects a slight decrease in optimism, as evidenced by adjustments in ratings and price targets by key analysts. YETI Holdings, known for its premium outdoor and recreation products, has shown strong financial performance with a notable market capitalization, revenue growth, and profitability metrics such as net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 4:00 pm

META

The analysis compares Meta Platforms (NASDAQ:META) against competitors in the Interactive Media & Services industry, highlighting its financial metrics, market position, and growth prospects. Meta shows a low PE ratio, suggesting undervaluation, but high PB and PS ratios indicate its stock might be overvalued based on book value and sales. With a high ROE, EBITDA, gross profit, and revenue growth, Meta outperforms industry averages, showcasing strong financial health and performance.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 4:00 pm

HTGC

Recent analyst ratings for Hercules Capital (NYSE:HTGC) show a mix of somewhat bullish and indifferent stances, with no bullish or bearish ratings. Over the past three months, the sentiment has slightly shifted, with the latest 30 days seeing one somewhat bullish rating. Analysts have adjusted their price targets, indicating a positive outlook with an average target of $18.2, up from $17.83. Key financial indicators suggest challenges in revenue growth and efficiency in using equity and assets, but a strong net margin and concerns over high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 4:00 pm

AMZN

The article provides a detailed comparison of Amazon.com (AMZN) against its Broadline Retail industry peers, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Amazon's valuation is higher than the industry average, indicating a premium valuation. It shows strong profitability and cash flow generation but has a lower revenue growth compared to the industry average. The analysis suggests Amazon is in a strong financial position with a lower debt-to-equity ratio compared to its top 4 peers.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 4:00 pm

TTD

Keybanc analyst Justin Patterson has maintained an Overweight rating on Trade Desk (NASDAQ:TTD) and increased the price target from $84 to $100.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 3:54 pm

RS

Keybanc analyst Philip Gibbs maintains an Overweight rating on Reliance Steel & Aluminum (RS) and raises the price target from $300 to $362.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 3:52 pm

NKE

Nike's stock is trading lower following a downgrade by Oppenheimer from Outperform to Perform, alongside news of the company planning to cut over 1,600 jobs to reduce costs.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 3:52 pm