Streetbeat News

Analyst Ratings

AAPL

B of A Securities analyst Wamsi Mohan has upgraded Apple Inc. (AAPL) from Neutral to Buy and increased the price target from $208 to $225.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:12 am

SLN

HC Wainwright & Co. analyst Patrick Trucchio has reiterated a Buy rating on Silence Therapeutics (NASDAQ:SLN) and maintained a $75 price target on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:08 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares fell due to concerns over price cuts across Europe. Analyst Gary Black from Future Fund doubts the strategy will drive volume growth and believes it may train customers to wait for discounts. He reduced Tesla's 2024 adjusted EPS estimate from $3.90 to $3.75, citing a 15-cent impact from the European Model Y price reduction of 4-9%. Black criticized Tesla's approach as 'value-destructive' and suggested using other marketing strategies. He also expects no incremental volume growth as other European automakers may follow with price cuts. Despite this, Tesla stock rose 0.79% in premarket trading.

Portfolio Pulse from Shanthi Rexaline

January 18, 2024 | 11:08 am

UEC

HC Wainwright & Co. analyst Heiko Ihle has reaffirmed a Buy rating on Uranium Energy Corp (AMEX:UEC) and increased the price target from $8.25 to $9.75. This adjustment reflects a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:08 am

SLE

HC Wainwright & Co. analyst Scott Buck has maintained a Buy rating on Super League Enterprise (NASDAQ:SLE) but has lowered the price target from $5 to $3.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:06 am

PLTK

B of A Securities analyst Omar Dessouky downgraded Playtika Holding (PLTK) from Neutral to Underperform and reduced the price target from $11 to $8.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:05 am

ZM

Exane BNP Paribas analyst Stefan Slowinski has downgraded Zoom Video Communications (ZM) from Neutral to Underperform and set a price target of $60.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:03 am

ADBE

Exane BNP Paribas analyst Stefan Slowinski has downgraded Adobe (NASDAQ:ADBE) from Neutral to Underperform and set a price target of $499. This reflects a more bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:01 am

SCHW

Keefe, Bruyette & Woods analyst Kyle Voigt downgraded Charles Schwab (NYSE:SCHW) from Outperform to Market Perform and reduced the price target from $75 to $70.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:58 am

SAVE

Citigroup analyst Stephen Trent has downgraded Spirit Airlines (NYSE:SAVE) from Neutral to Sell and reduced the price target from $13 to $4, indicating a bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:56 am