Streetbeat News

Analyst Ratings

NFLX

Wedbush analyst Michael Pachter has maintained an Outperform rating on Netflix (NASDAQ:NFLX) and increased the price target from $525 to $615, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:31 pm

CBRL

LEG

WHR

The article highlights three consumer discretionary stocks with high dividend yields, as rated by Wall Street's most accurate analysts according to Benzinga's Analyst Stock Ratings. Leggett & Platt (LEG) has a dividend yield of 7.75% but faces a restructuring plan and workforce reduction. Cracker Barrel (CBRL) offers a 6.89% yield but reported worse-than-expected Q1 results. Whirlpool (WHR) has a 6.27% yield and plans to sell part of its stake in Whirlpool India in 2024.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 1:29 pm

LOGI

Wedbush analyst Alicia Reese has maintained a Neutral rating on Logitech International (NASDAQ:LOGI) and increased the price target from $90 to $92.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:28 pm

BBY

Wedbush analyst Seth Basham has maintained a Neutral rating on Best Buy Co (NYSE:BBY) and increased the price target from $70 to $75.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:22 pm

PLUG

Plug Power Inc. (NASDAQ:PLUG) shares dropped over 5% in premarket trading on Wednesday after a 31% surge the previous day. The decline follows Truist Securities analyst Jordan Levy reiterating a Hold rating and halving the price target from $6 to $3, citing long-term visibility concerns and reducing FY25E revenues. Despite Plug Power announcing the start of operations at the largest U.S. liquid green hydrogen plant, the company faces challenges, including a significant year-over-year share price drop and supply issues in its hydrogen network.

Portfolio Pulse from Nabaparna Bhattacharya

January 24, 2024 | 1:19 pm

PRPL

Wedbush analyst Seth Basham has reiterated an Outperform rating on Purple Innovation (NASDAQ:PRPL) and maintained a price target of $1.25.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:19 pm

EWBC

Wedbush analyst David Chiaverini has reiterated an Outperform rating on East West Bancorp (NASDAQ:EWBC) and maintained a price target of $86.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:16 pm

HAFC

Wedbush analyst David Chiaverini has maintained a Neutral rating on Hanmi Financial (NASDAQ: HAFC) and reduced the price target from $21 to $20.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:14 pm

RTO

B of A Securities analyst Simona Sarli has downgraded Rentokil Initial (NYSE:RTO) from Buy to Neutral and reduced the price target from $40 to $29, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:07 pm

DHR

Analyst ratings for Danaher (NYSE:DHR) show a mix of opinions, with recent actions including both raised and lowered price targets. The average 12-month price target is now $242.5, up from $235.00. Danaher's financials indicate a decline in revenue growth, a strong net margin, and efficient use of assets, but it lags behind its peers in revenue growth rate. The company has a low debt-to-equity ratio, suggesting prudent financial management.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 1:00 pm