Streetbeat News

Analyst Ratings

UCBI

Piper Sandler analyst Stephen Scouten has maintained a Neutral rating on United Community Banks (NASDAQ:UCBI) and increased the price target from $27 to $28.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 3:15 pm

TSLA

Traders are circulating a strong analyst delivery estimate for Tesla, which is likely to influence the company's stock price.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 2:45 pm

ACRS

HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a Buy rating on Aclaris Therapeutics (NASDAQ:ACRS) and maintained a price target of $9.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 2:25 pm

BTCUSD

SPY

Mark Yusko, CEO of Morgan Creek Capital Management, has been a Bitcoin advocate since 2018. In 2019, during a Bitcoin dip, he advised on CNBC to 'Buy it,' predicting its long-term value rise. Recently, he suggested a mid-2024 target of $100,000 to $150,000 for Bitcoin and a potential to reach a $5 trillion market cap. An investment of $1,000 in Bitcoin at the time of his 2019 CNBC appearance would now be worth $5,003.33, a 400.3% return, compared to a 71.6% return for the same investment in the SPDR S&P 500 ETF (SPY).

Portfolio Pulse from Chris Katje

December 29, 2023 | 2:25 pm

CCL

Macquarie analyst Paul Golding has maintained an Outperform rating on Carnival Corporation (NYSE:CCL) and increased the price target from $16 to $22.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 2:24 pm

VTSI

Lake Street analyst Jaeson Schmidt has reaffirmed a Buy rating on VirTra (NASDAQ:VTSI) and increased the price target from $9 to $13, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 2:21 pm

ACAD

ATUS

BKNG

COP

EFX

EXPE

NEO

NTRA

OTLK

UBER

Several top Wall Street analysts have updated their price targets and ratings for various companies. Notable changes include Nomura's downgrade of Uber from Buy to Neutral with a price target increase, Goldman Sachs' price target raise for Equifax while maintaining a Neutral rating, and Ascendiant Capital's price target increases for Expedia, Booking Holdings, and Outlook Therapeutics with maintained Buy ratings. Other firms like BTIG, Raymond James, TD Cowen, Benchmark, and Mizuho also adjusted their price targets for Natera, ConocoPhillips, NeoGenomics, Altice USA, and ACADIA Pharmaceuticals, respectively.

Portfolio Pulse from Avi Kapoor

December 29, 2023 | 2:20 pm

COIN

Jason Choi, co-founder of Tangent, reviewed 2024 crypto industry predictions from top financial and crypto institutions. He is optimistic about Bitcoin ETFs and Layer 2 technologies but pointed out gaps in areas like Ethereum's future, AI integration, decentralized personal identification, decentralized science, and consumer applications in crypto. Choi's insights included information from Pantera Capital, Binance, Crypto.com, Andreessen Horowitz, VanEck, Bitwise Invest, Hashdex, Fidelity, Messari Crypto, and Coinbase Inc. (NASDAQ:COIN). These gaps may offer new opportunities for growth in the crypto sector.

Portfolio Pulse from Murtuza Merchant

December 29, 2023 | 1:54 pm

CAT

HON

UBER

UPS

Analysts from Stifel, Goldman Sachs, RBC Capital, UBS, Oppenheimer, Roth MKM, JP Morgan, and Raymond James have provided updates on industrial stocks Caterpillar Inc. (CAT), Honeywell International Inc. (HON), Uber Technologies, Inc. (UBER), and United Parcel Service, Inc. (UPS). The updates include changes in price targets and ratings, reflecting various expectations for stock performance. Notably, Honeywell is acquiring Carrier Global’s Global Access Solutions for $4.95 billion, and Uber has partnered with Tesla to offer discounted electric cars to its drivers.

Portfolio Pulse from Avi Kapoor

December 29, 2023 | 1:52 pm

NEO

TD Cowen analyst Dan Brennan has maintained an Outperform rating on NeoGenomics (NASDAQ:NEO) but has lowered the price target from $22 to $19.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 1:40 pm