Streetbeat News

Analyst Ratings

PLUG

Plug Power Inc (NASDAQ:PLUG) shares fell in premarket trading despite the launch of the largest U.S. green hydrogen plant. BMO Capital Markets analyst Ameet Thakkar downgraded PLUG from Market Perform to Underperform and cut the price target from $3.50 to $2.50, citing skepticism about the value accretion from additional hydrogen plants even with $1.6 billion in DOE funding. Thakkar highlighted uncertainties around DOE loan approval and concerns about margins and DOE requirements that could negatively impact long-term estimates.

Portfolio Pulse from Priya Nigam

January 24, 2024 | 3:24 pm

EPAM

EPAM Systems' stock is trading lower following a downgrade by Morgan Stanley from Equal-Weight to Underweight, despite an increase in the price target from $235 to $250.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:24 pm

VZ

UBS analyst John Hodulik has maintained a Neutral rating on Verizon Communications (NYSE:VZ) and increased the price target from $37 to $43.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:24 pm

TEAM

Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Atlassian (NASDAQ:TEAM) and increased the price target from $275 to $285, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:22 pm

RTX

UBS analyst Gavin Parsons has maintained a Neutral rating on Raytheon Technologies Corporation (RTX) and increased the price target from $93 to $96.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:21 pm

EBAY

Wells Fargo analyst Ken Gawrelski has maintained an Equal-Weight rating on eBay (NASDAQ:EBAY) but has reduced the price target from $46 to $45.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:21 pm

IVZ

Keefe, Bruyette & Woods analyst Robert Lee has maintained an Outperform rating on Invesco (NYSE:IVZ) but lowered the price target from $21 to $19.5.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:20 pm

VZ

Wells Fargo analyst Eric Luebchow has maintained an Equal-Weight rating on Verizon Communications (NYSE:VZ) and increased the price target from $40 to $44.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:19 pm

PG

UBS analyst Peter Grom has reaffirmed a Buy rating on Procter & Gamble (NYSE:PG) and increased the price target from $172 to $178, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:19 pm

TME

Tencent Music Entertainment Group's stock (TME) is trading higher following an upgrade from UBS, which changed its rating from Neutral to Buy and set a price target of $10.5.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:18 pm