Streetbeat News

Analyst Ratings

VIAV

Stifel analyst Ruben Roy upgraded Viavi Solutions (NASDAQ:VIAV) from Hold to Buy and increased the price target from $10 to $13.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 10:27 am

ORI

Piper Sandler upgraded Old Republic International (ORI) from Neutral to Overweight and set a price target of $32. This upgrade reflects a positive outlook on ORI's stock.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 10:24 am

URBN

UBS analyst Jay Sole upgraded Urban Outfitters (NASDAQ:URBN) from Sell to Neutral and increased the price target from $21 to $41, indicating a more positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 10:22 am

UTHR

Goldman Sachs analyst Chris Shibutani upgraded United Therapeutics (NASDAQ:UTHR) from Sell to Neutral and increased the price target from $213 to $215.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 10:16 am

MHK

Deutsche Bank analyst Joe Ahlersmeyer upgraded Mohawk Industries (MHK) from Hold to Buy and increased the price target from $98 to $152.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 10:14 am

NRDS

Keybanc analyst Justin Patterson has maintained an Overweight rating on Nerdwallet (NASDAQ:NRDS) and increased the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 10:07 am

EGP

Keybanc analyst Todd Thomas has maintained an Overweight rating on EastGroup Properties (EGP) and increased the price target from $188 to $198.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 10:02 am

ANET

Arista Networks, Inc. (NYSE:ANET) is anticipated to report higher Q4 earnings on Feb. 12, 2024, with expected earnings of $1.70 per share compared to $1.41 per share year-over-year, and projected revenue of $1.53 billion versus $1.28 billion. Following better-than-expected Q3 results and positive Q4 revenue guidance, ANET shares increased by 2.4%. Analysts from Wells Fargo, JMP Securities, Melius Research, Morgan Stanley, and Piper Sandler have recently updated their ratings and price targets for ANET, reflecting a positive outlook.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 7:19 am

META

NVDA

TSLA

Tesla Inc (NASDAQ:TSLA) is facing challenges maintaining its status among the 'Magnificent Seven' tech stocks, with a 22% stock price drop in 2024 and doubts about its AI and EV market position. Unlike its peers, such as NVIDIA Corp (NASDAQ:NVDA) and Meta Platforms Inc (NASDAQ:META), Tesla's growth is hindered by a slowdown in EV demand and skepticism about its AI capabilities. Analysts have significantly cut Tesla's profit estimates, highlighting its reliance on the cyclical automotive industry and the uncertain future of self-driving technology.

Portfolio Pulse from Benzinga Neuro

February 12, 2024 | 6:02 am

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrencies showed mixed trading as the Lunar New Year began, with Bitcoin, Ethereum, and Dogecoin experiencing varied changes in their prices. Analysts predict a significant price target for Bitcoin, influenced by historical Lunar New Year trends and anticipation of Bitcoin ETFs. The global cryptocurrency market cap increased by 2.90% to $1.70 trillion. U.S. stock futures remained steady, with upcoming economic data releases expected to be closely monitored by traders.

Portfolio Pulse from Mehab Qureshi

February 12, 2024 | 2:43 am