Streetbeat News

Analyst Ratings

SPOT

DZ Bank analyst Markus Leistner upgrades Spotify Technology (NYSE:SPOT) from Sell to Hold and sets a new price target of $240.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 10:48 am

NXPI

JP Morgan analyst Harlan Sur has maintained a Neutral rating on NXP Semiconductors (NXPI) and increased the price target from $220 to $240.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 10:33 am

FMC

Keybanc analyst Aleksey Yefremov maintains an Overweight rating on FMC Corp (NYSE:FMC) but lowers the price target from $80 to $76.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 10:14 am

AYX

Piper Sandler analyst Brent Bracelin has reiterated a Neutral rating on Alteryx (NYSE:AYX) and maintained a price target of $48.25.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 10:09 am

TSLA

Billionaire investor Leon Cooperman commented on Tesla CEO Elon Musk's compensation, calling him a genius but overcompensated following the Delaware Chancery Court's rescinding of Musk's 2018 compensation plan. Cooperman, whose hedge fund does not hold Tesla stock, criticized excessive executive compensation in general. Meanwhile, Ark Invest's Cathie Wood defended Musk's pay, and investor Gary Black suggested the dispute could lead to Musk gaining more control in Tesla. Tesla's stock rose 2.23% to $185.10.

Portfolio Pulse from Shanthi Rexaline

February 07, 2024 | 9:22 am

PLTR

Jim Cramer endorsed Palantir Technologies Inc. (NYSE:PLTR) as a 'buy, buy, buy' on his Mad Money show, despite controversies surrounding its CEO, Alex Karp. This recommendation follows a significant rally in Palantir's stock price after its Q4 earnings exceeded expectations. Cramer's support, along with interest from figures like Cathie Wood, highlights Palantir's strong market performance and potential.

Portfolio Pulse from Benzinga Neuro

February 07, 2024 | 8:44 am

UBER

Uber Technologies, Inc. is anticipated to report a decrease in Q4 earnings per share from 29 cents last year to 17 cents, despite an expected revenue increase from $8.61 billion to $9.76 billion. The company was fined €10 million by the Dutch Data Protection Authority for privacy regulation breaches. Ahead of the earnings call, several analysts have maintained a positive outlook on Uber, adjusting their price targets upwards.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 6:35 am

ARKF

ARKK

ARKQ

ARKW

PLTR

Cathie Wood's Ark Invest purchased $43M worth of Palantir Technologies, Inc. (PLTR) shares following a 30% spike after Q4 earnings, reflecting confidence in its AI potential. Ark's ETFs ARKK, ARKW, and ARKF increased their holdings, with PLTR now accounting for significant weightings in these funds. Analysts have upgraded PLTR's ratings and price targets post-earnings. Additionally, Ark continued buying Tesla shares, with ARKK, ARKW, and ARKQ acquiring more Tesla stock.

Portfolio Pulse from Shanthi Rexaline

February 07, 2024 | 2:43 am

ABNB

BKNG

EXPE

TRIP

Oppenheimer released an update on the U.S. short-term-rental market, highlighting an improving outlook. Expedia (EXPE) is their top pick with an Outperform rating and a $175 price target. Airbnb (ABNB) received a Perform rating due to mixed sentiment. Booking Holdings (BKNG) also received an Outperform rating with a price target raised to $4,200. TripAdvisor (TRIP) was maintained with a Perform rating, with a focus on profit growth in its core segment. Upcoming earnings reports could impact these stocks.

Portfolio Pulse from Erica Kollmann

February 06, 2024 | 10:45 pm

LINKUSD

SOLUSD

Cryptocurrency analyst Moustache predicts a 70% upside for altcoins based on the Gaussian channel turning green, a signal historically indicating positive momentum. Altcoins have also broken out of a two-year Falling Wedge, entering a bullish consolidation phase. Despite Bitcoin ETF's lackluster impact, altcoins like Solana (SOL) and Chainlink (LINK) are gaining attention, with predictions of a Q1 Altcoin Hype Cycle and a potential market cap continuation towards $2.2T.

Portfolio Pulse from Khyathi Dalal

February 06, 2024 | 10:07 pm