Streetbeat News

Analyst Ratings

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) shares rose in premarket trading following upbeat Q4 results, surpassing expectations in revenues and adjusted EBITDA. Analysts from KeyBanc Capital Markets, Piper Sandler, JMP Securities, Mizuho Securities, and Needham provided positive comments, highlighting strong transaction revenue led by crypto and options trading, solid net deposit trends, and growth in Robinhood Gold subscribers. Price targets were adjusted accordingly, reflecting optimism for the company's performance and outlook for 2024.

Portfolio Pulse from Priya Nigam

February 14, 2024 | 3:01 pm

CDNS

Recent analysis of Cadence Design Sys (CDNS) by 8 analysts shows a range of opinions, with a shift towards more bullish perspectives in the last 30 days. The average 12-month price target for CDNS has increased to $324.0, up from $294.25, indicating a positive outlook on the stock. Analysts from firms like Morgan Stanley, Rosenblatt, and others have raised their price targets, reflecting optimism about Cadence's market position, financial performance, and the broader EDA industry's growth prospects.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:00 pm

HBAN

Huntington Bancshares (NASDAQ:HBAN) has seen a diverse range of analyst ratings over the last three months, with a shift towards more bullish perspectives in recent evaluations. Analysts have raised their 12-month price targets, reflecting a positive outlook on the company's performance. Despite this, Huntington faces challenges in revenue growth, profitability, and debt management compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:00 pm

H

Analysts have provided diverse opinions on Hyatt Hotels (NYSE:H) over the past quarter, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for Hyatt has been raised to $119.0, indicating a 19.96% increase from the previous target of $99.20. Recent analyst actions include various rating adjustments and price target changes, reflecting evolving market conditions and company performance. Hyatt's financial indicators show positive revenue growth but below industry standards in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:00 pm

AKAM

RBC Capital analyst Rishi Jaluria reiterates a 'Sector Perform' rating on Akamai Technologies (AKAM) and maintains a price target of $115.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 2:58 pm

ABT

RBC Capital analyst Shagun Singh has reiterated an Outperform rating on Abbott Laboratories (ABT) and maintained a price target of $128.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 2:50 pm

BIIB

RBC Capital analyst Brian Abrahams maintains an Outperform rating on Biogen (NASDAQ:BIIB) but lowers the price target from $379 to $364.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 2:45 pm

SHOP

RBC Capital analyst Paul Treiber has reiterated an Outperform rating on Shopify (NYSE:SHOP) and maintained a $100 price target.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 2:27 pm

QSR

RBC Capital analyst Christopher Carril maintains an Outperform rating on Restaurant Brands Intl (NYSE:QSR) but lowers the price target from $91 to $90.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 2:24 pm