Streetbeat News

Analyst Ratings

IQV

Guggenheim analyst Sandy Draper downgraded IQVIA Holdings (IQV) from Buy to Neutral, indicating a shift in the firm's outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:05 pm

CRL

Guggenheim analyst Sandy Draper downgraded Charles River (NYSE:CRL) from Buy to Neutral, indicating a shift in the firm's outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:02 pm

GNRC

Guggenheim analyst Joseph Osha downgraded Generac Holdings (GNRC) from Buy to Neutral, indicating a shift in the firm's outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:00 pm

FIVN

Eight analysts have recently updated their recommendations for Five9 (NASDAQ:FIVN), showing a mix of bullish and somewhat bullish perspectives with no bearish views. The average 12-month price target is now $91.62, up from $84.40, indicating an 8.55% increase. Analysts from firms including Needham, Keybanc, Piper Sandler, Deutsche Bank, Truist Securities, and Wells Fargo have adjusted their ratings and price targets, reflecting positive sentiment towards Five9's market position despite its challenges in revenue growth, net margin, ROE, ROA, and debt management compared to industry averages.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 1:00 pm

TYL

In the past three months, Tyler Technologies (NYSE:TYL) received varied analyst ratings, with a recent average price target of $486.00, marking a 2.32% increase from the previous target. The company's financial health shows below-average market capitalization, revenue growth, net margin, ROE, and ROA compared to industry peers, but a conservative debt management approach. Analysts' ratings and price targets reflect their views on the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 1:00 pm

AKAM

Akamai Technologies (NASDAQ:AKAM) received mixed reviews from 7 analysts, with a shift towards more bearish sentiments in the last 30 days. The average 12-month price target is $120.57, reflecting a 5.58% increase from the previous target. The company's financials show solid growth and profitability, with a notable net margin of 16.2% and ROE of 3.61%. Analysts' ratings and price target adjustments indicate varying expectations for AKAM's future performance.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 1:00 pm

SNOW

HSBC analyst Stephen Bersey downgrades Snowflake (NYSE:SNOW) from Buy to Hold and sets a $214 price target.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:52 pm

APD

B of A Securities analyst Steve Byrne upgraded Air Products & Chemicals (APD) from Neutral to Buy and set a price target of $264.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:48 pm

INGN

William Blair analyst Margaret Kaczor has upgraded Inogen (NASDAQ:INGN) from Market Perform to Outperform, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:47 pm

APP

CSCO

QQQ

SPY

Nasdaq and S&P 500 futures edged higher ahead of a slew of economic data, with optimism that the Federal Reserve may soon reverse rates. Bond yields declined, and crude oil prices fell for a second day. U.S. stocks had advanced on Wednesday, with the Nasdaq Composite and S&P 500 showing strength. A Morgan Stanley analyst predicts 2024 will be another good year for equity markets, citing reasons including an uptick in retail fund flows and cooling inflation. In premarket trading, SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw gains. Several companies reacted to earnings announcements, with notable movements in stocks like AppLovin Corporation and Cisco Systems, Inc.

Portfolio Pulse from Shanthi Rexaline

February 15, 2024 | 12:42 pm