Streetbeat News

Analyst Ratings

NCNO

Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on nCino (NASDAQ:NCNO) and maintained a price target of $42. The reaffirmation of the Overweight rating suggests continued confidence in the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 10:01 am

PPG

Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on PPG Industries (NYSE:PPG) and increased the price target from $166 to $167.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:54 am

OLN

Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Olin Corporation (NYSE:OLN) and increased the price target from $61 to $66.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:50 am

FMC

Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on FMC Corporation but has reduced the price target from $83 to $80.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:48 am

CE

Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Celanese (NYSE:CE) and increased the price target from $150 to $176. This adjustment reflects a positive outlook on the company's stock, suggesting potential upside from the previous target.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:47 am

ENTG

Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Entegris (NASDAQ:ENTG) and increased the price target from $107 to $136, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:47 am

EMN

Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Eastman Chemical (NYSE:EMN) and increased the price target from $95 to $101, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:45 am

ALB

Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Albemarle (NYSE:ALB) but reduced the price target from $200 to $199.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:32 am

SGH

SMART Global Holdings, Inc. (NASDAQ:SGH) is expected to report lower Q1 earnings for fiscal year 2024, with analysts predicting earnings of 16 cents per share compared to 79 cents per share a year ago. Revenue is anticipated to be $275 million. The company previously reported Q4 results below expectations and provided Q1 guidance that fell short of estimates. SGH shares rose 2.5% to close at $18.24 on Monday. Analysts from Rosenblatt, Needham, and Deutsche Bank have maintained Buy ratings with price targets ranging from $22 to $35.

Portfolio Pulse from Avi Kapoor

January 09, 2024 | 8:36 am

META

NVDA

Goldman Sachs analyst Peter Oppenheimer predicts a new economic 'super cycle' driven by AI and decarbonization. The cycle differs from the one that began in the 1980s, as it won't rely on declining interest rates or globalization. AI's influence on productivity and decarbonization efforts are seen as new growth drivers. Last year, AI advancements led to significant gains for companies like Nvidia and Meta. Despite a rocky start to 2024, Wall Street is optimistic about AI's market impact. Decarbonization is also expected to stimulate economic growth as economies modernize in response to climate change. Goldman Sachs refuted AI bubble fears in 2023, projecting AI investment to reach $200 billion globally by 2025.

Portfolio Pulse from Benzinga Neuro

January 09, 2024 | 8:28 am