Streetbeat News

Analyst Ratings

G

Mizuho analyst Dan Dolev has initiated coverage on Genpact (NYSE:G) with a Neutral rating and set a price target of $40 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 11:03 am

GLOB

Mizuho analyst Dan Dolev has initiated coverage on Globant (NYSE:GLOB) with a Buy rating and set a price target of $283.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 11:01 am

ACN

Mizuho analyst Dan Dolev has initiated coverage on Accenture (NYSE:ACN) with a Buy rating and set a price target of $426.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 11:00 am

WAL

Wells Fargo analyst Jared Shaw has downgraded Western Alliance (NYSE:WAL) from Overweight to Equal-Weight while raising the price target from $62 to $72.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:53 am

AAPL

META

KeyBanc Capital Markets analyst Justin Patterson has reiterated an Overweight rating on Meta Platforms, Inc. (META) and increased the price target by 22% from $380 to $465 ahead of Q4 results. The optimism is based on the strength of Meta's ad products, particularly Reels, and a potential recovery in the ad market. KeyBanc expects Q4 revenue of $39.9 billion, a 24% year-over-year growth, and earnings per share of $5.30. Patterson also provided forward-looking estimates and areas of focus for the earnings call, including AI ambitions, Reels, Facebook Reality Labs (FRL) division, and efforts to boost Threads engagement. Meta shares saw a slight increase in premarket trading.

Portfolio Pulse from Shanthi Rexaline

January 30, 2024 | 10:53 am

ENFN

JP Morgan analyst Alexei Gogolev has downgraded Enfusion (NYSE:ENFN) from Neutral to Underweight and reduced the price target from $11 to $9.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:47 am

RTX

Barclays analyst David Strauss has maintained an Equal-Weight rating on Raytheon Technologies Corporation (RTX) and increased the price target from $75 to $90.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:43 am

AMD

Raymond James analyst Srini Pajjuri has downgraded Advanced Micro Devices (AMD) from Strong Buy to Outperform while increasing the price target from $190 to $195.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:42 am

HXL

Barclays analyst David Strauss has maintained an Equal-Weight rating on Hexcel (NYSE:HXL) but reduced the price target from $80 to $75.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:42 am

FIVE

Oppenheimer analyst Brian Nagel downgraded Five Below (NASDAQ:FIVE) from Outperform to Perform and reduced the price target from $235 to $200.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:40 am