Streetbeat News

Analyst Ratings

CAH

RSPG

SHAK

On CNBC's 'Halftime Report Final Trades,' analysts recommended Invesco S&P 500 Equal Weight Energy ETF (RSPG), Cardinal Health (CAH), and Shake Shack (SHAK). Cardinal Health reported a strong Q2 FY24 with a 38% increase in adjusted EPS and raised its FY24 guidance. Shake Shack expects to open 80 new restaurants this year and reported better-than-expected Q4 financial results. RSPG gained 3%, CAH shares rose 1.3%, and SHAK shares surged 26%.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 1:53 pm

DLR

Digital Realty Trust's shares dropped following disappointing Q4 FFO results and FY24 guidance below expectations. Additionally, Scotiabank downgraded the stock from Sector Outperform to Sector Perform.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:47 pm

PENN

Macquarie analyst Chad Beynon maintains an Outperform rating on PENN Entertainment (NASDAQ:PENN) but lowers the price target from $35 to $33.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:46 pm

PCOR

Procore Technologies' shares surged following the announcement of Q4 financial results that exceeded expectations. Additionally, Piper Sandler reaffirmed an Overweight rating on Procore's stock and increased the price target from $77 to $80.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:42 pm

LECO

Keybanc analyst Steve Barger maintains an Overweight rating on Lincoln Electric Holdings (LECO) and raises the price target from $232 to $280.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:41 pm

COIN

HTOO

ROKU

Coinbase Global (COIN) shares surged 16% following better-than-expected Q4 results and positive Q1 guidance, with Canaccord Genuity upgrading its price target. Fusion Fuel (HTOO) soared 292% after receiving IPCEI approval from the European Commission for its HEVO-Portugal project. Roku (ROKU) shares fell 18% due to disappointing Q4 results and a downgrade by Oppenheimer.

Portfolio Pulse from ryanfaloona@benzinga.com

February 16, 2024 | 1:37 pm

DBX

Dropbox shares are trading lower following the release of their Q4 financial results. Additionally, the stock received downgrades from JMP Securities, moving from Market Outperform to Market Perform, and from B of A Securities, changing from Buy to Underperform with a price target reduction from $34 to $28.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:36 pm

ITGR

Keybanc analyst Brett Fishbin maintains an Overweight rating on Integer Holdings (NYSE:ITGR) but lowers the price target from $125 to $123.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:36 pm

GLOB

Keybanc analyst Thomas Blakey has maintained an Overweight rating on Globant (GLOB) and increased the price target from $266 to $272.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:33 pm

ARM

ATRC

COIN

IAC

INFA

INTR

PVH

TOST

UPS

WEST

Wall Street analysts have updated their price targets and ratings for several US-listed companies, including notable changes for Toast, Inc. (TOST), Coinbase Global, Inc. (COIN), AtriCure, Inc. (ATRC), Westrock Coffee Company (WEST), IAC Inc. (IAC), Informatica Inc. (INFA), Inter & Co, Inc (INTR), PVH Corp. (PVH), Arm Holdings plc (ARM), and United Parcel Service, Inc. (UPS). These adjustments reflect analysts' latest expectations on these stocks, with significant price target changes and rating upgrades or downgrades.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 1:30 pm