Streetbeat News

Analyst Ratings

ARES

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Ares Management (NYSE:ARES) and increased the price target from $109 to $118.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 7:48 pm

APO

Apollo Global Management's stock (APO) is trading higher following Morgan Stanley's decision to maintain an Equal-Weight rating and increase the price target from $94 to $99.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 7:45 pm

APO

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Apollo Global Management (NYSE:APO) and increased the price target from $94 to $99.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 7:42 pm

KVYO

Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Klaviyo (NYSE:KVYO) and maintained a price target of $38.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 7:41 pm

NKLA

Baird analyst initiated coverage on Nikola Corporation (NASDAQ:NKLA) with an Outperform rating and a $2 price target, citing the potential in the zero-emissions trucking market and the strength of Nikola's management team. The analyst highlighted the company's proprietary design and software as key differentiators and anticipates catalysts such as manufacturing improvements, customer and partnership announcements, and hydrogen infrastructure buildout. A new CFO is expected to be named soon, which will complement CEO Steve Girsky's team. State or federal incentives in new geographies could also positively impact the stock. Nikola's software, with several patented features, is seen as an underappreciated aspect of their offering. NKLA shares rose 5.54% to $0.6861.

Portfolio Pulse from Nabaparna Bhattacharya

January 24, 2024 | 7:40 pm

ACN

Morgan Stanley analyst James Faucette has maintained an Overweight rating on Accenture (ACN) and increased the price target from $369 to $400.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 7:38 pm

GBTC

SARK

TARK

TSLA

Tesla, Inc (NASDAQ:TSLA) is entering its Q4 earnings report with a flat trade, following a Q3 earnings miss that led to a significant stock price drop. Analysts predict Q4 earnings per share of 74 cents on revenues of $25.59 billion, with vehicle deliveries exceeding estimates. The article discusses trading strategies for Tesla stock, mentioning the Grayscale Bitcoin Trust ETF (NYSE:GBTC) for Bitcoin exposure, and the AXS Short Innovation Daily ETF (NASDAQ:SARK) and AXS 2X Innovation ETF (NASDAQ:TARK) for bearish and bullish positions, respectively. Technical analysis suggests a bearish outlook for Tesla's stock with a potential bear flag pattern indicating a further decline.

Portfolio Pulse from Melanie Schaffer

January 24, 2024 | 7:36 pm

TXN

Susquehanna analyst Christopher Rolland has maintained a Positive rating on Texas Instruments (NASDAQ:TXN) but has reduced the price target from $205 to $200.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 7:34 pm

PYPL

Susquehanna analyst Anthony Butler has maintained a Neutral rating on PayPal Holdings (NASDAQ:PYPL) and increased the price target from $61 to $65.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 7:33 pm

PLUG

Susquehanna analyst Biju Perincheril has maintained a Neutral rating on Plug Power (NASDAQ:PLUG) but has lowered the price target from $4.5 to $3.5.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 7:31 pm