Streetbeat News

Analyst Ratings

MPW

Medical Properties Trust Inc (MPW) shares dropped approximately 10% following a downgrade by Stifel analyst Stephen Manaker from Buy to Hold, with a reduced price target of $4.50 from $12. Concerns include operator stress, delayed asset sale to Yale, and late rent payment by the largest tenant, Steward. The challenging interest rate environment and credit access may exacerbate tenant credit issues. MPW missed Q3 FY23 revenue estimates and reported lower normalized FFO compared to the previous year. The company raised FY23 FFO guidance but the analyst expects a decrease in 2024 earnings due to asset divestitures and leverage reduction. The analyst adjusted FY23 and FY24 FFO estimates and highlighted potential volatility in quarterly earnings.

Portfolio Pulse from Lekha Gupta

November 10, 2023 | 5:43 pm

PEPEUSD

SOLUSD

Analyst Bluntz predicts a 'rage pump' for altcoins, particularly Pepe Coin (PEPE) with a potential 30% increase, and Solana (SOL) after FTX's sell-offs. BlackRock's Ethereum ETF plan and a shopping spree in Ethereum-based altcoins indicate growing digital asset optimism. These topics will be discussed at Benzinga's Future of Digital Assets conference.

Portfolio Pulse from Murtuza Merchant

November 10, 2023 | 5:41 pm

APP

Applovin's stock price has increased following an upgrade in price target from $50 to $57 by Goldman Sachs.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 5:39 pm

AIF

RBC Capital analyst Paul Treiber has maintained a 'Sector Perform' rating on Altus Group, but has reduced the price target from C$55 to C$52.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 5:33 pm