Streetbeat News

Analyst Ratings

KBH

Wedbush analyst Jay McCanless has maintained a Neutral rating on KB Home (NYSE:KBH) but increased the price target from $55 to $60.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:51 pm

EWCZ

Piper Sandler analyst Korinne Wolfmeyer has maintained an Overweight rating on European Wax Center (EWCZ) and increased the price target from $18 to $20. This suggests a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:41 pm

BELFB

Northland Capital Markets analyst Bobby Brooks has initiated coverage on Bel Fuse (NASDAQ:BELFB) with an Outperform rating and set a price target of $83.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:37 pm

WBS

B of A Securities analyst Brandon Berman has initiated coverage on Webster Financial Corporation (NYSE:WBS) with a Buy rating and set a price target of $60.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:31 pm

EPAM

Jefferies analyst Surinder Thind has downgraded EPAM Systems (NYSE:EPAM) from Buy to Hold and set a price target of $295. This reflects a more cautious stance on the stock's near-term growth prospects or valuation.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:28 pm

BNED

Craig-Hallum analyst Alex Fuhrman has downgraded Barnes & Noble Education (BNED) from Buy to Hold and reduced the price target from $3 to $1.25.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:27 pm

LPX

TD Cowen analyst Sean Steuart downgraded Louisiana-Pacific (NYSE:LPX) from Buy to Hold and set a price target of $75. This reflects a change in the firm's outlook on the stock, suggesting a more neutral stance.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:25 pm

CTSH

Jefferies analyst Surinder Thind has upgraded Cognizant Tech Solns (CTSH) from Hold to Buy and increased the price target from $70 to $85.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:22 pm

WAB

Jefferies analyst Saree Boroditsky upgraded Westinghouse Air Brake (NYSE:WAB) from Hold to Buy and increased the price target from $115 to $150, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:19 pm

COIN

ETCUSD

HPE

MSTR

RIOT

Ethereum Classic surged 34% following the SEC's approval of Bitcoin ETFs, outperforming BTC and ETH. The global electric vehicle market saw a 31% increase in sales in 2023. Cathie Wood discussed her personal Bitcoin holdings and the SEC's decision. Jim Cramer commented on the potential market reaction to the ETF approval. Crypto-related stocks like Riot Blockchain, Coinbase, and MicroStrategy are trending due to the Bitcoin Spot ETF spotlight. In other news, Trump discussed his potential 2024 running mate, and a study predicted a $1 trillion boost to the US economy from generative AI. Samsung, Apple, Amazon, and HP Enterprise made headlines in tech, while the electric vehicle and consumer sectors also featured notable updates.

Portfolio Pulse from Akanksha Bakshi

January 11, 2024 | 2:17 pm