Streetbeat News

Analyst Ratings

CNX

Mizuho analyst Nitin Kumar has upgraded CNX Resources (NYSE:CNX) from Underperform to Neutral, indicating a change in the stock's outlook.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:54 pm

SOFI

SoFi Technologies, Inc. shares have declined following a downgrade by Keefe, Bruyette & Woods from 'Market Perform' to 'Underperform'.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:53 pm

PBF

Mizuho analyst Nitin Kumar has upgraded PBF Energy (NYSE:PBF) from Neutral to Buy and set a price target of $52. This upgrade suggests a positive outlook on PBF Energy's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:52 pm

XPOF

Xponential Fitness shares have declined following a downgrade by Piper Sandler from Overweight to Neutral, with a reduced price target from $21 to $13.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:52 pm

SFST

Piper Sandler analyst Casey Orr Whitman upgraded Southern First Bancshares (SFST) from Neutral to Overweight and increased the price target from $34 to $44.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:49 pm

AMBA

DELL

EAT

GSK

GWW

KEY

MELI

ROK

SHW

Wall Street analysts have updated their price targets and ratings for several companies. Barclays raised Brinker International's target, while Evercore ISI Group boosted Regions Financial's target but downgraded the stock. Jefferies upgraded GSK and raised its target. Baird increased Sherwin-Williams' target but downgraded the stock. Bernstein raised Dell's target and maintained an Outperform rating. Oppenheimer increased Grainger's target. Citigroup raised MercadoLibre's target. UBS boosted Rockwell Automation's target and upgraded the stock. Keefe, Bruyette & Woods raised KeyCorp's target. Wells Fargo cut Ambarella's target and downgraded the stock.

Portfolio Pulse from Avi Kapoor

January 03, 2024 | 12:45 pm

BYDDF

BYDDY

TSLA

BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) surpassed Tesla, Inc. (NASDAQ:TSLA) in Q4 sales volume, sparking debates among social media users and Tesla enthusiasts. Elon Musk emphasized that Tesla is an AI/robotics company, not just a car manufacturer. Tesla fans argue that BYD's success is limited to China and lacks Tesla's technological edge, such as full-self-driving (FSD) software. Despite Tesla's Cybertruck not generating expected excitement, analysts are hopeful about Tesla's future, especially with the anticipated $25K model. Ark Invest maintains a $2,000 price target for Tesla by 2027, with robotaxi operations being a significant value driver.

Portfolio Pulse from Shanthi Rexaline

January 03, 2024 | 12:44 pm

DFS

Piper Sandler analyst Kevin Barker has upgraded Discover Financial Services (NYSE:DFS) from Neutral to Overweight and increased the price target from $104 to $129.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:42 pm

PNM

Wells Fargo analyst Anthony Crowdell has upgraded PNM Resources (NYSE:PNM) from Equal-Weight to Overweight and set a price target of $44.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:40 pm

AAPL

HNHPF

NVDA

Barclays downgraded Apple (NASDAQ:AAPL), leading to a share price drop for its suppliers. Taiwan Semiconductor Manufacturing Company (TSMC) and Foxconn (OTC:HNHPF) saw declines of over 2% and 1.33%, respectively. The downgrade was based on anticipated weak demand for future iPhone models. Despite this, some experts predict strong growth for Apple's suppliers, and UBS maintains a buy rating on TSMC with a lowered price target. Apple's services business could also be affected by legal and regulatory decisions in 2024.

Portfolio Pulse from Benzinga Neuro

January 03, 2024 | 12:38 pm