Streetbeat News

Analyst Ratings

VCTR

BMO Capital analyst Etienne Ricard has maintained an Outperform rating on Victory Capital Holdings (NASDAQ:VCTR) and increased the price target from $47 to $51.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:56 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) shares are rising due to increased attention ahead of its earnings report this week. The stock has been trending on social platforms and was among the most mentioned on Reddit's r/wallstreetbets. Robinhood is expected to report a Q4 loss of 1 cent per share with revenue of $456.814 million. Last quarter, the stock fell after reporting mixed results and a decline in monthly active users. However, shares are up 20% over a year. Wall Street views Robinhood as Neutral, with some analysts expecting a 16.67% rise in the coming year.

Portfolio Pulse from Adam Eckert

February 12, 2024 | 2:56 pm

TIXT

BMO Capital analyst Keith Bachman has maintained a 'Market Perform' rating on TELUS Intl (NYSE:TIXT) and increased the price target from $8 to $10.5.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:51 pm

TFII

BMO Capital analyst Fadi Chamoun has maintained a 'Market Perform' rating on TFI International (NYSE:TFII) and increased the price target from $130 to $140.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:47 pm

MDB

Financial analysts have observed a significant increase in options activity for MongoDB (NASDAQ:MDB), with a bullish sentiment prevailing among 58% of traders. The analysis highlighted unusual trades, with a focus on a price band between $490.0 and $510.0 for MongoDB. The company, known for its document-oriented database, has seen a recent price increase to $503.0, though it may be overbought according to RSI readings. Analysts have provided mixed reviews, with an average target price of $446.67, indicating potential adjustments in MongoDB's stock price.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:47 pm

CCOI

LDWY

SBGI

TEO

WB

Benzinga Insights identifies 5 value stocks in the communication services sector based on low P/E multiples, indicating undervaluation. The stocks include Cogent Comms Hldgs (CCOI), Lendway (LDWY), Sinclair (SBGI), Telecom Argentina (TEO), and Weibo (WB), with respective P/E ratios of 3.43, 0.86, 8.55, 9.91, and 5.21. The analysis highlights recent earnings per share and dividend yield changes, suggesting potential investment opportunities.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:45 pm

BNTX

NUWE

QNRX

SYRS

TXMD

Benzinga Insights has identified Quoin Pharmaceuticals (QNRX), BioNTech (BNTX), Nuwellis (NUWE), TherapeuticsMD (TXMD), and Syros Pharmaceuticals (SYRS) as notable value stocks in the healthcare sector based on their low P/E multiples and recent earnings per share performance. Quoin Pharmaceuticals and BioNTech reported improvements in earnings per share, while Nuwellis and TherapeuticsMD also showed positive changes. Syros Pharmaceuticals, however, experienced a decrease in earnings per share.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:44 pm

HUBS

BMO Capital analyst Keith Bachman has maintained an Outperform rating on HubSpot (NYSE:HUBS) and increased the price target from $540 to $710.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:43 pm

BTCUSD

Andrew Kang of Mechanism Capital predicts Bitcoin inflows could reach $40-130 billion in 2024, highlighting underappreciation of global wealth's potential impact on crypto. Cryptoquant's CEO and Syncracy Capital's Daniel Cheung support bullish sentiments, citing factors like Bitcoin spot ETFs, investor resilience, and a favorable regulatory landscape. The absence of Bitcoin commercials during Super Bowl LVIII suggests the market's early stage, reinforcing the optimistic outlook for the next 12-24 months.

Portfolio Pulse from Murtuza Merchant

February 12, 2024 | 2:42 pm

EPAM

Stifel analyst David Grossman upgraded EPAM Systems (NYSE:EPAM) from Hold to Buy and increased the price target from $288 to $301.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:38 pm