Streetbeat News

Analyst Ratings

LCII

Roth MKM analyst Scott Stember has maintained a Neutral rating on LCI Industries (LCII) and reduced the price target from $113 to $100.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:03 pm

FN

Rosenblatt analyst Mike Genovese has reiterated a Buy rating on Fabrinet (NYSE:FN) and maintained a $230 price target.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:01 pm

CXM

In the latest quarter, 6 financial analysts provided mixed ratings for Sprinklr (NYSE:CXM), with a shift towards a more bullish stance in the last 30 days. The average 12-month price target is $16.67, marking a 14.07% decline from the previous target. Analysts from firms like Rosenblatt, Barclays, and Morgan Stanley have adjusted their price targets and ratings, reflecting changes in market dynamics and Sprinklr's performance. Sprinklr's financials show strong revenue growth, net margin, ROE, and ROA, indicating a robust market position and financial health.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:00 pm

VVX

Analysts have diverse views on V2X (NYSE:VVX), with recent evaluations showing a mix of bullish and indifferent stances. The average 12-month price target is $59.25, slightly up from the previous $59.00. V2X, serving the U.S. government, shows strong financial indicators like revenue growth and net margin, despite a high debt-to-equity ratio. The company's market capitalization is below industry benchmarks, indicating potential growth or operational capacity concerns.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:00 pm

GNRC

Roth MKM analyst Chip Moore has maintained a Neutral rating on Generac Holdings (GNRC) and increased the price target from $105 to $118.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:59 pm

RMBS

Rosenblatt analyst Kevin Cassidy has reiterated a Buy rating on Rambus (NASDAQ:RMBS) and maintained an $85 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:58 pm

CXM

Rosenblatt analyst Catharine Trebnick initiates coverage on Sprinklr (NYSE:CXM) with a Buy rating and a price target of $16.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:56 pm

CHGG

Chegg Inc (NYSE:CHGG) shares fell in early trading on Tuesday following its Q4 earnings report, which revealed modest revenue gains but continued challenges in subscriber growth, particularly in the U.S. Analysts from Piper Sandler, KeyBanc Capital Markets, William Blair, and Needham provided mixed reviews, with a focus on the company's AI investments, subscription service revenues, and financial guidance. Despite some positive notes on expense management and international subscriber growth, the overall sentiment was cautious due to weak subscriber trends and disappointing Q1 guidance.

Portfolio Pulse from Priya Nigam

February 06, 2024 | 5:47 pm

SPLK

Splunk's (NYSE:SPLK) short interest has decreased by 14.75% since the last report, with 4.37 million shares sold short, representing 2.6% of its float. This decrease in short interest could indicate a more bullish sentiment towards SPLK among investors. Compared to its peers, SPLK has a lower short interest percentage of 2.6% versus the peer group average of 3.07%.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 5:45 pm

UPS

United Parcel Service (UPS) shares are experiencing an uptick following an upgrade by UBS from Neutral to Buy, along with an increase in the price target from $160 to $175.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:44 pm