Streetbeat News

Analyst Ratings

CARG

UBS analyst Kunal Madhukar has maintained a Neutral rating on CarGurus (NASDAQ:CARG) and increased the price target from $22 to $26.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:43 pm

BERY

UBS analyst Joshua Spector has reaffirmed a Buy rating on Berry Global Group (NYSE:BERY) and increased the price target from $76 to $89.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:41 pm

WDC

Western Digital Corp (NASDAQ:WDC) shares rose after Deutsche Bank analyst Sidney Ho upgraded the stock from Hold to Buy and increased the price target from $45 to $65. Ho expects Western Digital to report fiscal Q2 earnings at the high end of guidance due to a faster-than-expected improvement in NAND pricing. The company's planned spin-off of its Flash business does not require regulatory approval and is on track for the second half of 2024. Ho also raised earnings estimates for Q2 and Q3, reflecting better NAND pricing and the impact of a recent convertible debt issue used to pay down other debts. The stock was trading at $52.10, up 4.19%.

Portfolio Pulse from Priya Nigam

January 16, 2024 | 4:40 pm

ANGI

UBS analyst Kunal Madhukar has maintained a Neutral rating on Angi (NASDAQ:ANGI) and increased the price target from $2.2 to $2.6.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:39 pm

PYPL

PayPal's stock (PYPL) trades lower following a downgrade by Mizuho from Buy to Neutral, with a reduced price target from $72 to $65.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:38 pm

AMX

UBS analyst Leonardo Olmos has reaffirmed a Buy rating on America Movil (NYSE:AMX) and increased the price target from $21 to $22.8.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:37 pm

RVTY

UBS analyst Dan Leonard downgraded Revvity (NYSE:RVTY) from Buy to Neutral but increased the price target from $105 to $125.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:35 pm

STLD

UBS analyst Andreas Bokkenheuser has initiated coverage on Steel Dynamics (NASDAQ:STLD) with a Neutral rating and set a price target of $120.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:32 pm

PTVE

UBS analyst Curt Woodworth has initiated coverage on Pactiv Evergreen (NASDAQ:PTVE) with a Buy rating and set a price target of $19.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:30 pm

OI

UBS analyst Curt Woodworth has initiated coverage on O-I Glass (NYSE:OI) with a Buy rating and set a price target of $26 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 4:28 pm