Streetbeat News

Analyst Ratings

PSTG

Keybanc analyst Thomas Blakey has maintained an Overweight rating on Pure Storage (NYSE:PSTG) and increased the price target from $40 to $43.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:57 pm

META

NVDA

David Keller, CMT, Chief Market Strategist at StockCharts.com, discusses four potential scenarios for the S&P 500's performance over the next six to eight weeks. He emphasizes the importance of probabilistic analysis, considering alternative scenarios, and preparing to adapt portfolios accordingly. The scenarios range from very bullish, with the S&P 500 breaking to new all-time highs, to super bearish, with a retest of the October 2022 low around 4100. Key levels to watch are 4700-4800 for short-term range, with 4600 and 4450 as critical support levels. Keller also mentions that Meta Platforms, Inc. (META) and NVIDIA Corp. (NVDA) are leading growth names making new all-time highs.

Portfolio Pulse from David Keller

January 18, 2024 | 12:56 pm

PANW

Keybanc analyst Michael Turits has maintained an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and increased the price target from $315 to $390.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:55 pm

NTNX

Keybanc analyst Thomas Blakey has maintained an Overweight rating on Nutanix (NASDAQ:NTNX) and increased the price target from $51 to $60.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:53 pm

NET

Keybanc analyst Thomas Blakey has maintained an Overweight rating on Cloudflare (NYSE:NET) and increased the price target from $70 to $94, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:51 pm

AAPL

ANET

HTZ

IVVD

KBH

PI

SAVE

SCHW

SHOP

TPX

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies. Keybanc raised Arista Networks' target, HC Wainwright increased Invivyd's target, and B of A Securities upgraded Apple and raised its target. Citigroup downgraded Spirit Airlines with a lower target, Keefe, Bruyette & Woods downgraded Charles Schwab, and Piper Sandler upgraded Tempur Sealy with a higher target. Needham raised Impinj's target, Barclays increased Shopify's target, Morgan Stanley upgraded Hertz Global with a lower target, and Raymond James raised KB Home's target.

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 12:50 pm

FFIV

Keybanc analyst Thomas Blakey has maintained an Overweight rating on F5 Networks, Inc. (NASDAQ: FFIV) and increased the price target from $186 to $204. This adjustment reflects a positive outlook on the company's stock, suggesting potential for growth above the market average.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:45 pm

EGHT

Rosenblatt analyst Catharine Trebnick has maintained a Buy rating on 8x8 (NASDAQ:EGHT) but has reduced the price target from $4.5 to $4.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:43 pm

SBGI

Rosenblatt analyst Barton Crockett has maintained a Neutral rating on Sinclair Broadcast Group (NASDAQ:SBGI) and increased the price target from $10.4 to $15.7.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:40 pm

CYBR

Keybanc analyst Michael Turits has maintained an Overweight rating on CyberArk Software (NASDAQ:CYBR) and increased the price target from $210 to $265. This adjustment suggests a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:36 pm