Streetbeat News

Analyst Ratings

SGMO

HC Wainwright & Co. analyst Patrick Trucchio has reiterated a Buy rating on Sangamo Therapeutics (NASDAQ:SGMO) and maintained a $3 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:49 pm

PLUG

Redburn Atlantic analyst Skye Landon initiates coverage on Plug Power (NASDAQ:PLUG) with a Neutral rating and a price target of $4.5.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:44 pm

DUK

NEE

SO

Wall Street's most accurate analysts have recommended three utilities stocks with high-dividend yields: NextEra Energy, Inc. (NEE), The Southern Company (SO), and Duke Energy Corporation (DUK). These stocks are highlighted for their strong dividend yields and recent analyst ratings, with NextEra Energy and Duke Energy posting better-than-expected earnings and Southern Company planning to release its earnings soon.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 1:41 pm

BMEA

Truist Securities analyst Robyn Karnauskas initiates coverage on Biomea Fusion (NASDAQ:BMEA) with a Buy rating and a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:39 pm

VRTX

Evercore ISI Group analyst Liisa Bayko downgraded Vertex Pharmaceuticals (VRTX) from Outperform to In-Line but raised the price target from $436 to $438.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:35 pm

GM

RIVN

TSLA

UBS

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin remain strong despite market volatility due to rate anxiety. GM recalls over 300,000 trucks for tailgate issues. Janet Yellen highlights crypto risks, urging legislative action. Symbotic reports weak sales, affecting pre-market session. Deutsche Bank retracts US recession forecast. Arm Holdings and Palantir show strong performance, while Alibaba faces a potential further slide. Tesla's market could expand significantly with a new $25K EV. Rivian announces R2 EV launch date. UBS announces a $1B share buyback. China's Orienspace to compete with SpaceX. BP shares surge.

Portfolio Pulse from Akanksha Bakshi

February 06, 2024 | 1:33 pm

CTLT

Catalent, Inc. (NYSE:CTLT) announced its acquisition by Novo Holdings for $63.50 per share in cash, leading to a 9.7% jump in its shares to close at $59.82. Following the news, analysts at UBS and RBC Capital raised their price targets on Catalent to $63.5, while downgrading the stock to Neutral and Sector Perform, respectively.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 1:22 pm

APD

Seaport Global analyst Michael Harrison downgraded Air Products & Chemicals (APD) from Buy to Neutral, indicating a shift in the firm's outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:20 pm

PLUG

Seaport Global analyst Tom Curran has downgraded Plug Power (NASDAQ:PLUG) from Buy to Neutral, indicating a shift in the firm's outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:18 pm

CNA

B of A Securities analyst Joshua Shanker downgraded CNA Financial (NYSE:CNA) from Neutral to Underperform, while raising the price target from $39 to $43.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:15 pm