Streetbeat News

Analyst Ratings

DASH

DoorDash (NASDAQ:DASH) received mixed analyst ratings in the latest quarter with 9 analysts offering their perspectives. The average 12-month price target for DASH is $104.11, a 15.31% increase from the previous target of $90.29. Analysts from firms like Jefferies, Deutsche Bank, and Needham have given bullish ratings with price targets ranging from $105.00 to $130.00. Others like Piper Sandler and Barclays have given more conservative ratings. DoorDash's financials show a strong market presence with a market cap above industry benchmarks, a positive revenue trend with 27.22% growth, but below-average net margin, ROE, and ROA. The company's debt-to-equity ratio is low at 0.08.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 1:00 pm

LAUR

MODN

OPEN

Insiders at Opendoor Technologies, Model N, RH, and Laureate Education have recently sold shares of their companies. Opendoor's President sold shares after a price target increase by JMP Securities. Model N's Chief Services Officer sold shares following a downgrade by JP Morgan. An insider at RH sold shares after the company reported disappointing Q3 results. Laureate Education's 10% owner sold shares post the company's upbeat quarterly results. Insider sales can indicate various sentiments and should not be the sole basis for investment decisions.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 12:54 pm

SPWR

Wells Fargo analyst Michael Blum has downgraded SunPower (NASDAQ:SPWR) from Equal-Weight to Underweight and reduced the price target from $6 to $4, indicating a bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:53 pm

FERG

Raymond James analyst Sam Darkatsh has downgraded Ferguson (NYSE:FERG) from Outperform to Market Perform, indicating a change in the firm's outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:51 pm

TROW

Wells Fargo analyst Finian O'Shea has downgraded T. Rowe Price Gr (TROW) from Equal-Weight to Underweight, while also raising the price target from $95 to $105. This reflects a more bearish stance on the company's stock, despite the increased price target.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:48 pm

ULCC

Morgan Stanley analyst Ravi Shanker has downgraded Frontier Group Holdings (NASDAQ:ULCC) from Overweight to Equal-Weight and reduced the price target from $10 to $8.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:45 pm

LLAP

B. Riley Securities analyst Mike Crawford has downgraded Terran Orbital (NYSE:LLAP) from Buy to Neutral and reduced the price target from $2.5 to $1.35.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:44 pm

ANGO

AON

BEN

COIN

DELL

HOOD

ICE

MBLY

UPWK

Wall Street analysts have updated their price targets and ratings for several US-listed companies. Needham raised Coinbase's target from $160 to $180 with a Buy rating. JP Morgan upgraded Aon from Neutral to Overweight, cutting the target from $351 to $321. Jefferies upgraded Upwork from Hold to Buy, raising the target from $13 to $20. HC Wainwright maintained a Buy on AngioDynamics but lowered the target from $20 to $18. Wells Fargo upgraded Franklin Resources to Equal-Weight, increasing the target from $24 to $30. JP Morgan upgraded Dell to Overweight, raising the target from $77 to $90. Barclays upgraded Intercontinental Exchange to Overweight, boosting the target from $120 to $148. Keybanc maintained an Overweight on Robinhood, increasing the target from $12 to $14. Keybanc also maintained an Overweight on Visa, raising the target from $275 to $300. Lastly, Raymond James maintained an Outperform on Mobileye Global but cut the target from $48 to $40.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 12:42 pm

CHX

Piper Sandler analyst Ian Macpherson downgraded ChampionX (NASDAQ:CHX) from Overweight to Neutral and reduced the price target from $38 to $32.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:38 pm

Piper Sandler analyst Ian Macpherson downgraded Helmerich & Payne (NYSE:HP) from Overweight to Neutral and reduced the price target from $47 to $41.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:36 pm