Streetbeat News

Analyst Ratings

TWLO

Twilio Inc (NYSE:TWLO) shares dropped after reporting Q4 results, despite beating revenue and EPS estimates. The company's Q4 revenue was $1.08 billion and EPS was 86 cents, surpassing expectations. Communications revenue increased by 5% year-over-year, and Segment revenue grew by 4%. Twilio is reviewing its Segment business for better execution and growth. Active customer accounts rose to over 305,000. Q1 revenue and adjusted earnings forecasts are below analyst expectations. Northland Capital Markets downgraded Twilio to Market Perform with a $66 price target.

Portfolio Pulse from Adam Eckert

February 15, 2024 | 1:46 pm

GLUE

Wedbush analyst Robert Driscoll has initiated coverage on Monte Rosa Therapeutics (NASDAQ:GLUE) with an Outperform rating and set a price target of $11. This initiation could signal confidence in Monte Rosa Therapeutics' future performance and potential growth.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:46 pm

IAC

Barclays analyst Ross Sandler maintains an Overweight rating on IAC and raises the price target from $62 to $72.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:42 pm

AMAT

Applied Materials, Inc. (AMAT) is set to release its Q1 earnings on Feb. 15, 2024, with analysts expecting earnings of $1.91 per share and revenue of $6.48 billion. Analysts from Cantor Fitzgerald and B. Riley Securities have given AMAT a Neutral and a Buy rating, respectively, with price targets of $180 and $220. The company's Q4 revenue was $6.72 billion, beating estimates. AMAT offers a 0.69% annual dividend yield, equating to a quarterly dividend of 32 cents per share. To earn $500 monthly from dividends, an investment of approximately $872,859 is needed.

Portfolio Pulse from Avi Kapoor

February 15, 2024 | 1:33 pm

GEO

Wedbush analyst Jay McCanless has reiterated an Outperform rating on GEO Group (NYSE:GEO) and maintained a $14 price target.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:32 pm

DBD

Wedbush analyst Matt Bryson maintains a Neutral rating on Diebold Nixdorf (NYSE:DBD) and raises the price target from $25 to $40.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:30 pm

SMCI

B of A Securities has initiated coverage on Super Micro Computer (SMCI) with a Buy rating and set a price target of $1040. This new coverage could influence investor sentiment and potentially impact SMCI's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:22 pm

DYN

IRWD

LXRX

SLDB

As of Feb. 15, 2024, four health care stocks are considered overbought based on their RSI values, indicating potential short-term performance concerns. Solid Biosciences, Lexicon Pharmaceuticals, Ironwood Pharmaceuticals, and Dyne Therapeutics have shown significant gains but their RSI values suggest they may be overvalued. Investors focusing on momentum might consider reassessing these stocks.

Portfolio Pulse from Avi Kapoor

February 15, 2024 | 1:15 pm

AKAM

CMCSA

ENTG

HUBS

INGR

MEDP

UBER

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies, leading to varied stock price movements on Wednesday. Notable adjustments include upgrades and increased price targets for HubSpot, Entegris, The Home Depot, Ingredion, Medpace Holdings, and Uber Technologies, with significant stock gains for some. Conversely, Owens Corning, United States Steel Corporation, Comcast Corporation, and Akamai Technologies saw downgrades and/or reduced price targets, affecting their stock prices differently.

Portfolio Pulse from Avi Kapoor

February 15, 2024 | 1:12 pm

TWLO

Northland Capital Markets analyst Michael Latimore downgraded Twilio (TWLO) from Outperform to Market Perform and set a price target of $66.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:10 pm