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Analyst Ratings

BTCUSD

ETHUSD

The launch of the first U.S. spot Bitcoin ETFs led to record trading volumes but was followed by a price pullback in Bitcoin and other cryptocurrencies. Bitcoin slid under $44,000, and analysts are divided on the market's future direction. Some, like Jim Cramer and Peter Schiff, predict a bearish trend, while others like Markus Levin and Bob Ras see the pullback as a temporary correction or buying opportunity. Ethereum has held steady, suggesting a possible investor shift from Bitcoin to altcoins. The impact of Bitcoin ETFs is still uncertain as they are in their early days.

Portfolio Pulse from Murtuza Merchant

January 12, 2024 | 7:26 pm

MCD

SBUX

McDonald's Corp (MCD) stock experienced a Golden Cross on Jan. 11, indicating bullish sentiment. The stock is up 20% since Oct. 12, 2023, and 9% over the past year, currently trading around $292-$295. Analysts have set price targets ranging from $317 to $340, with a consensus at $305.37 and a Buy rating. McDonald's is expanding its strategy with the beverage-centric CosMc, aiming to compete with Starbucks (SBUX) and planning to reach 50,000 restaurants by 2027.

Portfolio Pulse from Surbhi Jain

January 12, 2024 | 6:20 pm

MRO

Marathon Oil (NYSE:MRO) has received mixed analyst ratings over the past three months, with 8 analysts offering a range of bullish to indifferent perspectives. The average 12-month price target has been reduced by 5.74% to $31.69, with a high estimate of $39.00 and a low of $25.00. Several analysts have lowered their price targets, while a few have raised them. Marathon Oil focuses on unconventional resources in the U.S., with net proved reserves of 1.3 billion barrels of oil equivalent and a production average of 343 thousand barrels per day in 2022. The company's revenue declined by 11.8% as of September 30, 2023, but it maintains a strong net margin of 25.58% and an ROA of 2.27%, with a lower-than-average debt-to-equity ratio of 0.51.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 6:00 pm

BE

RBC Capital analyst Chris Dendrinos has maintained an Outperform rating on Bloom Energy (NYSE:BE) but reduced the price target from $24 to $21.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 5:48 pm

PANW

Cantor Fitzgerald analyst Jonathan Ruykhaver has reiterated an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and maintained a price target of $280.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 5:45 pm

CRWD

Cantor Fitzgerald analyst Jonathan Ruykhaver has reiterated an Overweight rating on CrowdStrike Holdings (NASDAQ:CRWD) and maintained a price target of $240.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 5:43 pm

VRTX

Cantor Fitzgerald analyst Olivia Brayer has reiterated an Overweight rating on Vertex Pharmaceuticals (NASDAQ:VRTX) and maintained a price target of $415.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 5:41 pm

PSNY

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Polestar Automotive (NASDAQ:PSNY) and maintained a price target of $5.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 5:39 pm

LCID

Cantor Fitzgerald analyst Andres Sheppard has reiterated a Neutral rating on Lucid Group (NASDAQ:LCID) and maintained a price target of $6 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 5:35 pm

KOF

Coca-Cola Femsa SAB de (KOF) shares have risen following an upgrade from UBS, which changed its rating from Neutral to Buy.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 5:15 pm