Streetbeat News

Analyst Ratings

TSLA

Wedbush analyst Daniel Ives has maintained an Outperform rating on Tesla (NASDAQ:TSLA) but has reduced the price target from $350 to $315.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 6:58 pm

COLB

Wedbush analyst David Chiaverini has maintained a Neutral rating on Columbia Banking System (NASDAQ:COLB) but has lowered the price target from $29 to $24.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 6:52 pm

CVBF

Wedbush analyst David Chiaverini has maintained a Neutral rating on CVB Financial (NASDAQ:CVBF) but has lowered the price target from $22 to $21.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 6:51 pm

TSLA

Mizuho analyst Vijay Rakesh has maintained a Buy rating on Tesla (NASDAQ:TSLA) but reduced the price target from $310 to $270. The adjustment in the price target reflects a more conservative valuation of Tesla's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 6:44 pm

NOW

Mizuho analyst Gregg Moskowitz has maintained a Buy rating on ServiceNow (NYSE:NOW) and increased the price target from $750 to $820, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 6:42 pm

SRE

Mizuho analyst Anthony Crowdell has maintained a Buy rating on Sempra (NYSE:SRE) but has reduced the price target from $83 to $79.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 6:40 pm

LRCX

Mizuho analyst Vijay Rakesh has maintained a Buy rating on Lam Research (NASDAQ:LRCX) and increased the price target from $900 to $935.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 6:38 pm

AAL

ALK

URI

VERA

XRX

Alaska Air Group, Inc. (ALK) reported Q4 operating revenue of $2.55 billion, a 3% increase Y/Y, and an adjusted EPS of $0.30, beating consensus estimates. Shares rose 5.5%. Other stocks also saw gains, including Vera Therapeutics (VERA), AlTi Global (ALTI), and United Rentals (URI), following positive news such as earnings beats, analyst upgrades, and trial data. Xerox (XRX) and American Airlines (AAL) also moved higher after reporting their financial results.

Portfolio Pulse from Avi Kapoor

January 25, 2024 | 6:26 pm

COLB

Seven analysts have recently provided their opinions on Columbia Banking System (NASDAQ:COLB), with sentiments ranging from bullish to bearish. Over the past three months, there have been 2 somewhat bullish and 5 indifferent ratings, with no bullish or bearish ratings. The 12-month price targets show an average of $25.14, down from the previous $31.50. Analysts from firms like RBC Capital, DA Davidson, and others have adjusted their ratings and price targets, generally lowering them. Columbia Banking System is a bank holding company with a subsidiary, Columbia State Bank, offering a range of banking services. The company has shown a revenue growth of 65.54% as of September 30, 2023, a net margin of 25.88%, an ROE of 2.87%, and an ROA of 0.26%, but has a high debt-to-equity ratio of 0.98.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 6:01 pm

SCCO

TSLA

UBER

On CNBC's Halftime Report, Steve Weiss shared his final trades, which included a short position on Tesla (TSLA), and long positions on Uber Technologies (UBER) and Southern Copper (SCCO).

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 6:01 pm