Streetbeat News

Analyst Ratings

FRPT

Piper Sandler analyst Michael Lavery has maintained an Overweight rating on Freshpet (NASDAQ:FRPT) and increased the price target from $88 to $100. This adjustment reflects a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:15 pm

CTSH

Barclays analyst Ramsey El-Assal has maintained an Equal-Weight rating on Cognizant Technology Solutions (CTSH) and increased the price target from $75 to $80.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:14 pm

BOH

Piper Sandler analyst Andrew Liesch has maintained a Neutral rating on Bank of Hawaii (NYSE:BOH) but has lowered the price target from $70 to $69.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:13 pm

HOOD

PTLO

RIOT

SHCO

Jim Cramer advised investors to stay away from Riot Platforms, Inc. (RIOT), expressing distrust in the company. Despite this, Cantor Fitzgerald analyst Josh Siegler maintained an Overweight rating with a $19 price target for RIOT. Cramer also commented on Robinhood Markets, Inc. (HOOD), citing concerns over its customer exposure to options and Bitcoin. HOOD is expected to report a Q4 loss of 1 cent per share on revenue of $453.46 million. Cramer described Portillo's Inc. (PTLO) as a 'great quandary' and mentioned needing to research Soho House & Co Inc. (SHCO) further. Stock movements were noted with RIOT, PTLO, and SHCO experiencing slight changes, while HOOD saw a 2.6% gain.

Portfolio Pulse from Avi Kapoor

January 23, 2024 | 1:13 pm

BG

Barclays analyst Benjamin Theurer has maintained an Overweight rating on Bunge Global (NYSE:BG) but reduced the price target from $125 to $115.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:12 pm

LOGI

Wedbush analyst Alicia Reese has reiterated a Neutral rating on Logitech International (NASDAQ:LOGI) and maintained a price target of $90.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:10 pm

LUV

Southwest Airlines Co (NYSE:LUV) pilots have agreed to a new labor deal with a 50% pay increase over five years, including an immediate 29.15% raise. The $12 billion contract was approved by 93% of pilots, amidst industry-wide efforts to attract and retain pilots post-pandemic. Despite the positive labor development, analyst David Vernon downgraded Southwest's rating due to broader industry challenges, including recent flight cancellations.

Portfolio Pulse from Benzinga Neuro

January 23, 2024 | 1:10 pm

ABBV

Barclays analyst Carter Gould has maintained an Overweight rating on AbbVie (NYSE:ABBV) and increased the price target from $170 to $175.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:09 pm

TSLA

Wedbush analyst Daniel Ives has reiterated an Outperform rating on Tesla (NASDAQ:TSLA) and maintained a price target of $350.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:08 pm

ALB

ALTM

KeyBanc Capital Markets analyst Aleksey Yefremov predicts a potential price surge in the lithium market as the year progresses, despite near-term uncertainties. Lithium production in China was flat in December, while lithium-ion battery cell production dropped 12%. Albemarle Corporation has reduced its 2024 expenditure forecast, and production curtailments in Australia and weaker production in China may lead to market rebalancing. Yefremov is positive on Albemarle and Arcadium Lithium plc, citing attractive valuations and improving near-term fundamentals. KeyBanc has Overweight ratings on both stocks with price targets of $291 for Albemarle and $13 for Arcadium Lithium.

Portfolio Pulse from Shanthi Rexaline

January 23, 2024 | 1:07 pm