Streetbeat News

Analyst Ratings

NVDA

Tigress Financial analyst Ivan Feinseth has reaffirmed a Buy rating on NVIDIA (NASDAQ:NVDA) and increased the price target from $560 to $790. The report was released on January 17, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:55 am

TYL

Needham analyst Joshua Reilly has reiterated a Buy rating on Tyler Technologies (NYSE:TYL) and maintained a price target of $475.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:53 am

BYDDF

TSLA

Wells Fargo analyst Colin Langan predicts Tesla Inc. (NASDAQ:TSLA) will face a challenging year with only a 13% growth in deliveries, below its 50% target. Tesla's price reductions in China, a production halt in Germany, and macroeconomic issues could impact its performance. Langan expects a lower 15.4% gross margin for the latest quarter and has reduced Tesla's stock price target to $223. Meanwhile, BYD Co Ltd (OTC:BYDDF), supported by Warren Buffett, has overtaken Tesla in global EV sales.

Portfolio Pulse from Benzinga Neuro

January 18, 2024 | 9:48 am

ULY

Needham analyst Chris Pierce has reiterated a Buy rating on Urgently (NASDAQ:ULY) and maintained a $7 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:46 am

BLNK

Needham analyst Chris Pierce has reiterated a Buy rating on Blink Charging (NASDAQ:BLNK) and maintained a $7 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:44 am

SPSC

Needham analyst Scott Berg has reiterated a Buy rating on SPS Commerce (NASDAQ:SPSC) and maintained a $205 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:40 am

SCHW

Raymond James analyst Patrick O'Shaughnessy has maintained an Outperform rating on Charles Schwab (NYSE:SCHW) but reduced the price target from $78 to $75.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:34 am

KBH

Raymond James analyst Buck Horne has maintained an Outperform rating on KB Home (NYSE:KBH) and increased the price target from $61 to $70.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:32 am

PLUG

Plug Power Inc. (PLUG) is facing a significant stock price decline, reaching a 4-year low, after announcing plans for a $1 billion equity offering. The offering, which will be conducted over time with B. Riley Securities as the sales agent, is intended for working capital, capex, and potentially for acquisitions or investments. KeyBanc analyst Sangita Jain anticipates further pressure on the stock, as the offering is unlikely to address investor concerns, especially given the company's ongoing financial challenges and the 'going concern' language in its 10-K filing. Investors are looking forward to the company's annual update call for more details on its financial strategy and outlook.

Portfolio Pulse from Shanthi Rexaline

January 18, 2024 | 9:22 am

KEY

KeyCorp (NYSE:KEY) is anticipated to report lower Q4 earnings with an expected EPS of 23 cents, down from 38 cents a year ago, and revenue of $1.53 billion, down from $1.9 billion. Despite the projected decline, several analysts have upgraded the stock or raised price targets, citing positive outlooks with accuracy rates ranging from 66% to 77%. KeyCorp's stock price dropped slightly by 0.6% to $13.84 on Wednesday.

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 7:41 am