Streetbeat News

Analyst Ratings

TOST

Goldman Sachs analyst Will Nance has upgraded Toast (NYSE:TOST) from Neutral to Buy and set a price target of $24.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 9:55 am

BUD

Jefferies analyst Edward Mundy upgraded Anheuser-Busch InBev (NYSE:BUD) from Hold to Buy and increased the price target from $60 to $76.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 9:50 am

ULH

Stifel analyst J. Bruce Chan has upgraded Universal Logistics Holdings (ULH) from Hold to Buy and increased the price target from $35 to $36.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 9:48 am

UAL

Susquehanna analyst Christopher Stathoulopoulos has upgraded United Airlines Holdings (NASDAQ:UAL) from Neutral to Positive and set a price target of $60.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 9:46 am

BHLB

Piper Sandler analyst Mark Fitzgibbon has upgraded Berkshire Hills Bancorp (BHLB) from Underweight to Neutral and set a price target of $24.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 9:42 am

MSM

Keybanc analyst Ken Newman has maintained an Overweight rating on MSC Industrial Direct Co (NYSE:MSM) but has reduced the price target from $105 to $102.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 9:32 am

NVDA

SOXX

Nvidia Corp. (NVDA) has seen a significant rally in 2023, with shares increasing by 264% and reaching a new high at the 2024 Consumer Electronics Show. Fund manager Gary Black believes NVDA is still undervalued, trading at 26.5 times the adjusted EPS for 2024 with a projected 28% CAGR in EPS from 2024 to 2028. Analysts have set a 12-month price target of $662.39, suggesting a 25% upside. Nvidia's Q4 guidance anticipates revenue of $20 billion, indicating over 230% year-over-year growth, despite U.S. export bans to China. The company's AI accelerator chipsets are in high demand due to the rise of generative AI software.

Portfolio Pulse from Shanthi Rexaline

January 10, 2024 | 6:29 am

BTCUSD

Peter Schiff, a noted economist, expressed skepticism about the potential rally in Bitcoin following the anticipated approval of Bitcoin ETFs. He referenced the recent volatility caused by a compromised tweet from Gary Gensler's account, which falsely announced Bitcoin ETF approval. Schiff suggested that with many speculators expecting a rally, the market is unlikely to deliver when actual approval occurs. Bitcoin's price experienced a spike and subsequent drop following the fake news, and Schiff advised that it might be better to sell before the actual news materializes.

Portfolio Pulse from Benzinga Neuro

January 10, 2024 | 1:15 am

ONEW

OneWater Marine (NASDAQ:ONEW) has received mixed analyst ratings over the past three months, with 3 bullish and 1 somewhat bullish ratings. The average 12-month price target for ONEW is $32.0, with a high of $38.00 and a low of $28.00, reflecting a recent increase from $31.50. Analyst Michael Swartz from Truist Securities raised his price target from $30.00 to $38.00, while Brett Andress from Keybanc lowered his from $36.00 to $32.00. OneWater Marine, a recreational marine retailer, has shown a revenue growth of 13.45% as of September 30, 2023, but faces challenges with a net margin of -21.92% and an ROE of -24.42%. The company's debt-to-equity ratio is below the industry average at 3.02.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:01 pm

IBKR

Interactive Brokers Gr (NASDAQ:IBKR) received mixed analyst ratings in the latest quarter, with 3 bullish and 1 somewhat bullish out of 4 total ratings. The average 12-month price target is $104.5, reflecting a 2.45% increase from the previous $102.00 target. Analysts from UBS, Goldman Sachs, Redburn Atlantic, and Barclays have adjusted their price targets and ratings, indicating a dynamic perception of the company's performance. Interactive Brokers generates revenue from trading commissions, net interest income, and ancillary services, with a strong presence in the U.S. and international markets. The company's financial performance shows a high revenue growth rate but challenges in net margin, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:01 pm