Streetbeat News

Analyst Ratings

TYL

Needham analyst Joshua Reilly has reiterated a Buy rating on Tyler Technologies (NYSE:TYL) and maintained a $475 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:59 am

GPN

BTIG analyst Andrew Harte has initiated coverage on Global Payments Inc. (GPN) with a Buy rating and set a price target of $135.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:58 am

TVTX

Citigroup analyst Carly Kenselaar has initiated coverage on Travere Therapeutics with a Neutral rating and set a price target of $7. The coverage could influence investor sentiment and the stock's market performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:55 am

MS

Exane BNP Paribas analyst Jeremy Sigee downgraded Morgan Stanley (NYSE:MS) from Outperform to Neutral and set a price target of $85.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:49 am

BABAF

Alibaba Group Holding Limited (OTC:BABAF) has canceled the spinoff of its cloud business, leading to mixed reactions from analysts and a significant drop in market value. Morgan Stanley removed Alibaba from its top pick and lowered the price target from $125 to $110. Bernstein reduced their price target from $100 to $93, while Barclays maintained a $138 price target, supporting the decision amidst regulatory uncertainties. JPMorgan kept a $150 price target but expressed concerns over the cloud business's growth. The cancellation follows U.S. chip curbs affecting Chinese companies, contributing to a $20 billion loss in Alibaba's market value.

Portfolio Pulse from Benzinga Neuro

November 20, 2023 | 10:43 am

SPB

Wells Fargo analyst Sam Reid downgraded Spectrum Brands Holdings (NYSE:SPB) from Overweight to Equal-Weight and set a price target of $73.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:43 am

RYAN

Goldman Sachs analyst Robert Cox has downgraded Ryan Specialty Hldgs (RYAN) from Buy to Neutral and reduced the price target from $57 to $53.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:41 am

CHGG

Morgan Stanley analyst Josh Baer has downgraded Chegg (NYSE:CHGG) from Equal-Weight to Underweight and reduced the price target from $10 to $9.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:38 am

BA

Deutsche Bank analyst Scott Deuschle has upgraded Boeing (NYSE:BA) from Hold to Buy and set a price target of $270.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:36 am

MNR

Stifel analyst Derrick Whitfield has initiated coverage on Mach Natural Resources (NYSE:MNR) with a Buy rating and set a price target of $31.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:26 am