Streetbeat News

Analyst Ratings

CELH

B of A Securities analyst Jonathan Keypour has downgraded Celsius Holdings (NASDAQ:CELH) from Buy to Neutral and set a price target of $65.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 12:58 pm

CMI

B of A Securities analyst Ross Gilardi has downgraded Cummins (NYSE:CMI) from Neutral to Underperform and reduced the price target from $243 to $225.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 12:54 pm

LCII

Truist Securities analyst Michael Swartz has downgraded LCI Industries (NYSE:LCII) from Buy to Hold and reduced the price target from $140 to $110.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 12:53 pm

ITRI

Oppenheimer analyst Noah Kaye has upgraded Itron (NASDAQ:ITRI) from Perform to Outperform and set a price target of $81.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 12:49 pm

CCI

CHGG

COIN

DFS

DKNG

HTZ

OKE

OLED

SILK

TXN

Wall Street analysts have updated their price targets and ratings for several US-listed companies. ONEOK, Silk Road Medical, Texas Instruments, DraftKings, Universal Display, Hertz Global Holdings, Discover Financial Services, Coinbase Global, and Crown Castle received new price targets. Texas Instruments is expected to rally around 17%, with UBS raising its price target from $170 to $195 and upgrading the stock from Neutral to Buy. Other companies saw a mix of upgrades, downgrades, and neutral ratings with corresponding adjustments to their price targets.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 12:36 pm

IBM

Evercore ISI Group analyst Amit Daryanani has upgraded IBM from In-Line to Outperform and increased the price target from $165 to $200.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 12:30 pm

CMC

DBX

WBA

WSM

Insiders at Williams-Sonoma, Commercial Metals, Dropbox, and Walgreens Boots Alliance have recently sold shares of their companies. Williams-Sonoma CEO sold 20,000 shares after an analyst upgrade and price target increase. Commercial Metals' Executive Chairman sold 142,806 shares following an announcement of a share repurchase program increase. Dropbox's Chief Legal Officer and CFO sold shares as the company launched a new AI-powered search feature. Walgreens Boots Alliance's Director sold 15,209 shares after reporting a sales increase that beat consensus.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 12:28 pm

DFS

Discover Financial Services (NYSE:DFS) reported a significant drop in Q4 profit by 62%, with earnings of $1.54 per share missing the expected $2.52. Revenue exceeded estimates at $4.196 billion. Loans grew by 15% year-over-year, and the net charge-off rate was 4.11%. The company declared semi-annual dividends for its Series C and D stock. Following the earnings report, DFS shares fell by 10.8%, and analysts from Barclays and HSBC revised their price targets downward, with HSBC also downgrading the stock from Buy to Hold.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 12:25 pm

T

Oppenheimer analyst Timothy Horan has upgraded AT&T (NYSE:T) from Perform to Outperform and set a price target of $21. This upgrade suggests a positive outlook on AT&T's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 12:25 pm

TNK

B of A Securities analyst Ken Hoexter upgraded Teekay Tankers (NYSE:TNK) from Neutral to Buy and increased the price target from $56 to $72, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 12:24 pm