Streetbeat News

Analyst Ratings

XRAY

Needham initiated coverage on Dentsply Sirona Inc (NASDAQ:XRAY) with a Buy rating and a price target of $35, citing the company's potential for 4-6% organic growth and margin expansion by 2026. Despite macroeconomic challenges, Needham expects double-digit EPS growth for XRAY in the coming years. The firm notes that XRAY's shares are attractively valued at a P/E multiple of 16.0x, in line with peers, and are currently trading up 0.63% at $29.50.

Portfolio Pulse from Vandana Singh

November 16, 2023 | 5:43 pm

MYRG

Stifel analyst Stanley Elliott has reinstated MYR Group (NASDAQ:MYRG) with a Buy rating and set a price target of $144. This suggests a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:41 pm

MTZ

Stifel analyst Stanley Elliott has reinstated a Buy rating on MasTec (NYSE:MTZ) and set a price target of $70 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:38 pm

FISV

Mizuho analyst Dan Dolev has reaffirmed a Buy rating on Fiserv and increased the price target from $140 to $150. The article incorrectly refers to Fiserv's ticker symbol as FI, but it should be FISV.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:33 pm

NKTX

Mizuho analyst Salim Syed has maintained a Buy rating on Nkarta (NASDAQ:NKTX) but has reduced the price target from $15 to $9.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:32 pm

AAP

Advance Auto Parts, Inc. (NYSE:AAP) stock was downgraded by BofA Securities analyst Elizabeth L. Suzuki to Underperform from Neutral with a price target cut to $43 from $60. The downgrade follows AAP's Q3 earnings miss and lowered FY23 EPS outlook. The company also announced the initiation of sale processes for Worldpac and its Canada business. Other analysts from JP Morgan, Wedbush, and Goldman Sachs also lowered their price targets for AAP. AAP shares dropped 5.89% to $52.38.

Portfolio Pulse from Lekha Gupta

November 16, 2023 | 5:27 pm

IPWR

Benchmark analyst David Williams has reiterated a Buy rating on Ideal Power (NASDAQ:IPWR) and maintained the $18 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:26 pm

PLUG

Plug Power's stock (PLUG) trades lower following a downgrade by Citigroup from Buy to Neutral, with a reduced price target from $12.5 to $5.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:24 pm

ABR

Arbor Realty Trust's stock price is trading lower following a negative report published by Viceroy Research.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:22 pm

RGTI

Benchmark analyst David Williams has maintained a Buy rating on Rigetti Computing (NASDAQ:RGTI) but has reduced the price target from $4 to $3.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:21 pm