Streetbeat News

Analyst Ratings

NOK

T

VZ

Analysts provided mixed views on AT&T Inc (NYSE:T), with KeyBanc maintaining a Hold rating due to mixed 4Q results and challenges in Mobility and Business Wireline revenue. Oppenheimer and Scotiabank analysts maintained positive outlooks, citing AT&T's transition to a pure connectivity provider and improved cash flow estimates. Verizon Communications Inc (NYSE:VZ) was noted for accelerating subscriber growth and higher-quality asset base. Nokia Corp (NYSE:NOK) was mentioned in relation to AT&T's capital spend and depreciation. AT&T's stock showed a slight increase.

Portfolio Pulse from Anusuya Lahiri

January 26, 2024 | 8:33 pm

APA

Susquehanna analyst Biju Perincheril has maintained a Positive rating on APA Corporation (NASDAQ:APA) but has reduced the price target from $53 to $50.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:33 pm

MBLY

Baird analyst Luke Junk has maintained an Outperform rating on Mobileye Global (NASDAQ:MBLY) but has reduced the price target from $43 to $42.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:27 pm

NOC

Baird analyst Peter Arment has maintained a Neutral rating on Northrop Grumman (NYSE:NOC) and reduced the price target from $505 to $475.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:25 pm

URI

Baird analyst Mircea Dobre has maintained an Underperform rating on United Rentals (NYSE:URI) but increased the price target from $322 to $559. The reasons behind the price target change were not detailed in the article.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:23 pm

SPY

Jeremy Siegel, a well-known market analyst, has expressed a positive outlook on the market, predicting an 8-10% gain in the S&P 500 index for the current year.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:21 pm

GBTC

Oliver Renick from Schwab Network suggests Bitcoin ETFs are being used by 'whales' as an exit strategy rather than an entry point for traditional investors. Market dynamics have shifted, with strong cash flow, profits, and dividends driving outperformance. Bitcoin, lacking these fundamentals, stands out as a risky asset. Despite the introduction of Spot ETFs, Bitcoin's integration into the financial system hasn't led to widespread adoption by traditional investors. The price of Bitcoin has declined despite substantial inflows into ETFs like Grayscale's Bitcoin Trust (GBTC), indicating a disconnect. Technical and market challenges make a bullish case for Bitcoin difficult.

Portfolio Pulse from Murtuza Merchant

January 26, 2024 | 8:16 pm

PINS

Evercore ISI Group analyst Mark Mahaney has maintained an Outperform rating on Pinterest (NYSE:PINS) and increased the price target from $45 to $50.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:14 pm

SHW

Evercore ISI Group analyst Greg Melich has maintained an Outperform rating on Sherwin-Williams (NYSE:SHW) and increased the price target from $355 to $360. This adjustment reflects a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:11 pm

PANW

Evercore ISI Group analyst Peter Levine has maintained an Outperform rating on Palo Alto Networks (NASDAQ:PANW) and increased the price target from $315 to $405.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:08 pm