Streetbeat News

Analyst Ratings

CYBR

Cantor Fitzgerald analyst Yi Fu Lee has reiterated an Overweight rating on CyberArk Software (NASDAQ:CYBR) and maintained a $300 price target.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:07 pm

CRWD

Cantor Fitzgerald analyst Yi Fu Lee maintains an Overweight rating on CrowdStrike Holdings (CRWD) and raises the price target from $240 to $360.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:04 pm

ALL

HWKN

KMB

LEN

PYPL

Jim Cramer recommended buying shares of The Allstate Corporation (ALL) after upbeat Q4 results, despite its decision to stop offering new policies in California. He expressed concerns over Kimberly-Clark Corporation's (KMB) slow turnaround and flat Q4 sales. Cramer was worried about PayPal Holdings, Inc. (PYPL) due to its flat earnings outlook for 2024, despite reporting upbeat Q4 earnings. He praised Lennar Corporation (LEN) for its dividend increase and positive outlook. Cramer also recommended buying Hawkins (HWKN) despite its worse-than-expected Q3 revenue.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 2:02 pm

COOP

Mr. Cooper Group Inc (NASDAQ:COOP) has been evaluated by 5 analysts over the last three months, showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target for COOP has been raised to $81.6, reflecting a 5.97% increase from the previous target of $77. The company has shown strong financial performance with a notable revenue growth of 24.96% over the past 3 months, a net margin of 37.11%, and an ROE of 6.56%. Analysts from firms including Wedbush, Deutsche Bank, and Barclays have updated their ratings and price targets, indicating a positive outlook for COOP.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:00 pm

CRM

Salesforce (CRM) has been analyzed by 28 analysts, showing a shift towards more bullish sentiments with an increase in the average 12-month price target to $287.18 from $264.00. Analyst actions include ratings adjustments and price target changes, reflecting responses to market conditions and Salesforce's performance. The company's financial overview indicates a strong market position with solid revenue growth and net margin, despite challenges in ROE and ROA.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:00 pm

CAT

IWM

JEPQ

MPC

On CNBC's 'Halftime Report Final Trades,' experts highlighted their top stock picks, including JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Marathon Petroleum Corporation (MPC), iShares Russell 2000 ETF (IWM), and Caterpillar Inc. (CAT). Marathon Petroleum reported better-than-expected Q4 results with revenue of $36.82 billion and adjusted EPS of $3.98. Caterpillar also exceeded Q4 earnings expectations with revenue of $17.07 billion and adjusted EPS of $5.23. Following Caterpillar's earnings release, several firms raised their price targets on the stock. The mentioned assets experienced varied price movements on Friday.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 1:55 pm

KO

Coca-Cola (NYSE:KO) is anticipated to release its Q4 earnings on Feb. 13, 2024, with expected earnings of 49 cents per share and revenue of $10.68 billion, up from the previous year. Barclays analyst Lauren Lieberman has maintained an Overweight rating on KO, raising the price target from $60 to $66. Coca-Cola India is entering the ready-to-drink tea market with 'Honest Tea'. The company's dividend yield stands at 3.09%, with a quarterly dividend of 46 cents a share. To earn $500 monthly from dividends, an investor would need approximately 3,261 shares, valued around $194,225.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 1:52 pm

XPO

XPO shares have declined following a downgrade by Morgan Stanley from Equal-Weight to Underweight.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:51 pm

TEVA

Teva Pharmaceuticals' stock price increased following an upgrade by Piper Sandler from Neutral to Overweight, with a raised price target from $12 to $19.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:49 pm

RIVN

Rivian Automotive's stock trades lower following a downgrade by Barclays from Overweight to Equal-Weight and a reduction in the price target from $25 to $16.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:49 pm