Streetbeat News

Analyst Ratings

TEAM

Mizuho analyst Gregg Moskowitz has maintained a Buy rating on Atlassian (NASDAQ:TEAM) and increased the price target from $240 to $265.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:43 pm

CPNG

Coupang, Inc.'s stock (CPNG) is trading lower following a downgrade by Citigroup from 'Buy' to 'Neutral'.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:43 pm

SUI

Truist Securities analyst Anthony Hau has downgraded Sun Communities (NYSE:SUI) from Buy to Hold while increasing the price target from $130 to $143.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:39 pm

BAC

Bank of America's stock (BAC) is trading lower following a downgrade from Odeon Capital from Buy to Hold, with a new price target of $33.9. Additionally, BMO Capital and Oppenheimer have also reduced their price targets for BAC.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:39 pm

SLG

Truist Securities analyst Michael Lewis has downgraded SL Green Realty (NYSE:SLG) from Buy to Hold while increasing the price target from $44 to $47.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:38 pm

ELS

Truist Securities analyst Anthony Hau has downgraded Equity Lifestyle Properties (ELS) from Buy to Hold while increasing the price target from $70 to $73.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:36 pm

AXNX

Truist Securities analyst David Rescott has downgraded Axonics (NASDAQ:AXNX) from Buy to Hold and reduced the price target from $73 to $71.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:34 pm

ADI

BDC

INTC

MCHP

NVDA

NXPI

ON

TTMI

At CES 2023, Truist analyst William Stein expressed optimism after meetings with Nvidia, Intel, ON Semiconductor, and Analog Devices, despite recent negative updates from Microchip Technology and Mobileye. Stein's top picks include Buy-rated Nvidia, NXP Semiconductors, Belden, and TTM Technologies. The event highlighted AI innovation, with Nvidia leading in AI chip technology and announcing new GeForce GPUs and AI tools. Intel showcased its 14th-gen mobile processors. The semiconductor market is expected to benefit from AI expansion and sustainability efforts. Piper Sandler analyst Harsh V. Kumar noted market gains last week and mentioned Nvidia's plans for a China-specific chip and India's Yotta's investment in Nvidia's H100s and H200s. Microchip Technology reported a revenue decline due to excess inventory in industrial and automotive sectors.

Portfolio Pulse from Anusuya Lahiri

January 16, 2024 | 8:33 pm

AKR

Truist Securities analyst Ki Bin Kim has downgraded Acadia Realty Trust (NYSE:AKR) from Buy to Hold, indicating a more cautious stance on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:32 pm

NVTS

Northland Capital Markets analyst Gus Richard has initiated coverage on Navitas Semiconductor (NASDAQ:NVTS) with a Market Perform rating.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:27 pm