Streetbeat News

Analyst Ratings

CDNS

Wells Fargo analyst Gary Mobley maintains an Overweight rating on Cadence Design Systems (CDNS) and raises the price target from $310 to $330.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:27 pm

PLTR

Palantir Technologies Inc (NYSE:PLTR) shares surged following its Q4 earnings report, exceeding expectations with significant growth in its US commercial business and AI platform demand. Analysts provided mixed reviews, with price target adjustments ranging from $5 to $30. The company's US commercial business grew by 70% in Q4, and its commercial customer count increased by 44%. However, concerns were raised about the sustainability of growth and the performance of other divisions.

Portfolio Pulse from Priya Nigam

February 06, 2024 | 4:26 pm

FCF

Stephens & Co. analyst Matt Breese maintains an Overweight rating on First Commonwealth (NYSE:FCF) but lowers the price target from $16.5 to $15.5.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:25 pm

RSG

Wells Fargo analyst Ken Gawrelski maintains an Overweight rating on Republic Services (RSG) and raises the price target from $180 to $188.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:22 pm

GFL

Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on GFL Environmental (NYSE:GFL) and raises the price target from $30 to $34.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:21 pm

MQ

Wells Fargo analyst Andrew Bauch maintains an Equal-Weight rating on Marqeta (NASDAQ:MQ) and raises the price target from $6 to $7.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:20 pm

CAT

Wells Fargo analyst Seth Weber has maintained an Equal-Weight rating on Caterpillar (NYSE:CAT) and increased the price target from $290 to $325.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:19 pm

CI

Wells Fargo analyst Stephen Baxter has maintained an Equal-Weight rating on Cigna Group (NYSE:CI) and increased the price target from $334 to $348.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:17 pm

TT

Stephens & Co. analyst Tommy Moll maintains an Equal-Weight rating on Trane Technologies (TT) and raises the price target from $235 to $280.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:17 pm

IBM

Unusual options activity was observed in IBM (NYSE:IBM), with a mix of bullish and bearish sentiments among significant investors. The activity included 14 options trades, with a notable split between bullish (50%) and bearish (50%) positions. The trades aim for a price range of $130 to $210 for IBM over the next three months. The volume and open interest for IBM options have shown significant development, with a focus on trades within the $130 to $210 strike price corridor. Analyst ratings for IBM are generally positive, with an average target price of $196.6 and recent upgrades to Outperform by Evercore ISI Group and consistent Buy ratings from Stifel.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:16 pm