Streetbeat News

Analyst Ratings

WHF

B. Riley Securities analyst Bryce Rowe has downgraded WhiteHorse Finance (WHF) from Buy to Neutral and set a price target of $13.25. The downgrade reflects a more cautious stance on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:31 pm

AAPL

AMZN

GOOGL

META

MSFT

NVDA

TSLA

Charles-Henry Monchau, CIO of Bank Syz, predicts a market rotation away from major U.S. tech stocks, which could lead to a downturn for the 'magnificent seven' tech giants. These stocks, including Apple, Amazon, Alphabet, Meta Platforms, Microsoft, Nvidia, and Tesla, make up about 30% of the S&P 500's market cap. The S&P 500 recently ended a nine-week winning streak, with tech stocks underperforming. Monchau expects a technical recession in the first half of the year, followed by a recovery, with sectors like financials, energy, and healthcare showing potential. Scott Wren of Wells Fargo shares similar views on the market shift.

Portfolio Pulse from Benzinga Neuro

January 08, 2024 | 2:27 pm

HRZN

B. Riley Securities analyst Bryce Rowe has downgraded Horizon Tech Finance (NASDAQ:HRZN) from Neutral to Sell and set a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:27 pm

SCM

B. Riley Securities analyst Bryce Rowe has downgraded Stellus Capital Investment (NYSE:SCM) from Neutral to Sell and set a price target of $13.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:25 pm

SITE

Loop Capital analyst Jeffrey Stevenson has downgraded SiteOne Landscape Supply (NYSE:SITE) from Buy to Hold, indicating a change in the firm's outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:22 pm

PLTR

The weekend's top stories included North Korea's missile deal with Russia, Mike Pence's stance against banning Trump from the 2024 ballot, public opinion favoring Trump's candidacy, Cathie Wood's ARK Invest increasing its stake in Palantir Technologies (NYSE:PLTR) despite analyst downgrades, and anticipation for the decision on the U.S.'s first Bitcoin ETF. ARK Invest's ETFs purchased additional shares of Palantir.

Portfolio Pulse from Benzinga Neuro

January 08, 2024 | 2:22 pm

CP

Susquehanna analyst Bascome Majors has downgraded Canadian Pacific Kansas (NYSE:CP) from Positive to Neutral, indicating a change in the firm's outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:21 pm

ZION

Compass Point analyst David Rochester has downgraded Zions Bancorp (NASDAQ:ZION) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:17 pm

FSLY

RBC Capital analyst Rishi Jaluria has upgraded Fastly (NYSE:FSLY) from Underperform to Sector Perform and increased the price target from $12 to $18.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:14 pm

CVX

Jefferies analyst Lloyd Byrne has upgraded Chevron (NYSE:CVX) from Hold to Buy and set a price target of $184.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:09 pm