Streetbeat News

Analyst Ratings

CERE

Jefferies analyst Michael Yee has downgraded Cerevel Therapeutics Holdings (CERE) from 'Buy' to 'Hold' but increased the price target from $40 to $45.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:24 am

ADI

Edward Jones analyst Logan Purk has upgraded Analog Devices (NASDAQ:ADI) from Hold to Buy, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:22 am

NKE

Deutsche Bank analyst Gabriella Carbone has maintained a Buy rating on Nike (NYSE:NKE) but has reduced the price target from $132 to $128.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:20 am

CCL

Deutsche Bank analyst Chris Woronka has maintained a Hold rating on Carnival Corporation (NYSE:CCL) and increased the price target from $14 to $18. This adjustment reflects a more positive outlook on the company's stock value.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:07 am

NFLX

DZ Bank analyst Markus Leistner has downgraded Netflix (NASDAQ:NFLX) from Buy to Hold and set a price target of $495.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 9:59 am

AMP

Morgan Stanley analyst Michael Cyprys has initiated coverage on Ameriprise Financial (AMP) with an Equal-Weight rating and increased the price target to $383.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 9:55 am

AMEH

Truist Securities analyst Jailendra Singh has initiated coverage on Apollo Medical Holdings (AMEH) with a Hold rating and set a price target of $41.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 9:44 am

CING

Laidlaw & Co. analyst Yale Jen has downgraded Cingulate (NASDAQ:CING) from Buy to Hold, indicating a change in the firm's outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 9:42 am

PAYX

TD Cowen analyst Bryan Bergin has downgraded Paychex (NASDAQ:PAYX) from Outperform to Market Perform and reduced the price target from $132 to $123.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 9:25 am

F

GM

TSLA

Wedbush analyst Daniel Ives has reiterated an Outperform rating on Tesla (TSLA) and raised the price target from $310 to $350, based on expectations of electric vehicle share gains and margin stabilization in 2024. Ives predicts Tesla will regain its $1 trillion market cap in 2024. He commends Tesla's strategy, especially in China, and anticipates a record fourth-quarter volume there. Ives also sees potential in Tesla's full-self-driving package and Supercharger network, comparing Tesla's current position to Apple's in 2008/2009. Meanwhile, he notes a potential tempering in the EV transformation of General Motors (GM) and Ford (F), with rumors of Ford slashing its F-150 Lightning production from 2024.

Portfolio Pulse from Shanthi Rexaline

December 22, 2023 | 5:14 am