Streetbeat News

Analyst Ratings

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

RBA

Scotiabank analyst Michael Doumet has maintained a 'Sector Outperform' rating on RB Global (NYSE:RBA) and increased the price target from $74 to $76.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:42 pm

MATICUSD

USDC

President Joe Biden and Donald Trump are the frontrunners for the 2024 presidential election, with Biden committed to Kamala Harris as his running mate, despite speculation and a Benzinga poll suggesting a Biden-Haley ticket could be more favorable. The poll also indicates a preference for Trump choosing Ron DeSantis over Nikki Haley. Political betting markets like Polymarket, where users can bet on political events using cryptocurrencies like Polygon (MATIC) and USDC, show varying odds for potential vice presidential picks.

Portfolio Pulse from Chris Katje

February 06, 2024 | 5:39 pm

VVX

JMP Securities analyst Trevor Walsh has reiterated a 'Market Outperform' rating on V2X (NYSE:VVX), maintaining a price target of $65.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:35 pm

VRNS

JMP Securities analyst Erik Suppiger has reiterated a 'Market Outperform' rating on Varonis Systems (NASDAQ:VRNS) and maintained a price target of $63.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:29 pm