Streetbeat News

Analyst Ratings

MDT

Morgan Stanley analyst Cecilia Furlong has maintained an Overweight rating on Medtronic (NYSE:MDT) but reduced the price target from $104 to $98.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:39 pm

LOW

Morgan Stanley analyst Simeon Gutman has maintained an Overweight rating on Lowe's Companies (NYSE:LOW) but reduced the price target from $255 to $230.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:38 pm

JACK

Morgan Stanley analyst Brian Harbour has maintained an Equal-Weight rating on Jack In The Box (NASDAQ:JACK) but has lowered the price target from $80 to $78.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:36 pm

EMBC

Morgan Stanley analyst Cecilia Furlong has maintained an Underweight rating on Embecta (NASDAQ:EMBC) but increased the price target from $15 to $16.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:34 pm

DKS

Morgan Stanley analyst Simeon Gutman has maintained an Overweight rating on Dick's Sporting Goods (NYSE:DKS) and increased the price target from $145 to $150.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:33 pm

BURL

Morgan Stanley analyst Alex Straton has maintained an Overweight rating on Burlington Stores (NYSE:BURL) and increased the price target from $167 to $182.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:29 pm

SOFI

SoFi Technologies (NASDAQ:SOFI) has seen growth and a positive earnings outlook, yet its stock performance has been lackluster since its SPAC debut. Market sentiment is cautiously optimistic due to concerns over interest rates and loan securitization. SoFi's focus on adjusted EBITDA over GAAP profits and strategic growth in its Financial Services segment, which saw a 50% increase in users and a 142% revenue surge, are key factors. The company's securitization deal with BlackRock and a Buy analyst consensus with a $10.39 price target suggest potential for long-term growth. SoFi's stock was slightly up in premarket trading.

Portfolio Pulse from Surbhi Jain

November 22, 2023 | 1:24 pm

SOPA

Maxim Group LLC maintains a positive outlook on Society Pass Inc. (NASDAQ:SOPA), citing its low EV/revenue multiple compared to peers, better than expected 3Q 2023 results, and potential for organic growth and M&A. SOPA's 3Q revenue was $2.3M with a narrowed adjusted EBITDA loss of ($2.6M). Maxim highlights SOPA's strong balance sheet with $8.2M in unrestricted cash and a $40M equity line of credit, expecting sufficient funds for growth through 2024.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:22 pm

BRBR

Morgan Stanley analyst Pam Kaufman has maintained an Overweight rating on BellRing Brands (NYSE:BRBR) and increased the price target from $43 to $53.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:21 pm

ADSK

Morgan Stanley analyst Keith Weiss has maintained an Equal-Weight rating on Autodesk (NASDAQ:ADSK) but reduced the price target from $245 to $235.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:19 pm