Streetbeat News

Analyst Ratings

AFRM

Affirm Holdings Inc (NASDAQ:AFRM) reported strong Q1 results, with $5.6 billion in gross merchandise value and $497 million in total revenues, beating expectations. Operating expenses dropped to $154M from $169M last quarter due to efficiency improvements through technology advancements. The company's active consumers grew 15% YoY, transactions per customer increased to 4.1, and 75% of transactions were interest-bearing. Five out of six analysts revised their forecasts post-FQ1, with four maintaining or reiterating their ratings and one raising the price target.

Portfolio Pulse from Priya Nigam

November 09, 2023 | 5:21 pm

FLL

JMP Securities analyst Jordan Bender maintains a Market Outperform rating on Full House Resorts (NASDAQ:FLL) but lowers the price target from $9 to $7.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:19 pm

TSM

Large investors have taken a bearish stance on Taiwan Semiconductor (NYSE:TSM), with 90% of the big-money trades being bearish. The options scanner at Benzinga spotted 10 uncommon options trades for TSM, with 2 puts and 8 calls. The whales have been targeting a price range from $82.0 to $120.0 for TSM over the last 3 months. The current price of TSM is $92.76, up by 0.83%. An analyst from Needham has downgraded its action to Buy with a price target of $115.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 5:18 pm

MRVL

Marvell Tech (NASDAQ:MRVL) has seen unusual options activity, with 72% of traders showing bearish tendencies. The major market movers are focusing on a price band between $40.0 and $57.5 for Marvell Tech. The company's trading volume stands at 5,738,249, with MRVL's price up by 5.21%, positioned at $54.27. An earnings announcement is expected in 21 days.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 5:17 pm

WOW

WideOpenWest Inc's shares have fallen by over 55% following worse-than-expected Q3 FY23 results. The company reported revenue of $173.1 million, missing the consensus of $173.4 million, and an EPS loss of $(1.29) against a consensus of EPS of 1 cent. Keybanc Capital Markets analyst Brandon Nispel downgraded the stock to Sector Weight from Overweight. The company also withdrew its FY24 guidance due to significant declines in legacy high-speed data customers and a slowdown in gross additions.

Portfolio Pulse from Lekha Gupta

November 09, 2023 | 5:16 pm

CART

JMP Securities analyst Andrew Boone maintains a Market Outperform rating on Maplebear (NASDAQ:CART) and raises the price target from $33 to $35.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:15 pm

NSSC

Zacks Homerun Newsletter has picked NAPCO Security Technologies (NSSC) as a stock to watch.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:14 pm

WRK

Westrock Company (WRK) reported Q4 net sales of $4.98 billion, down 7.7% Y/Y, missing the analyst consensus of $5.11 billion. However, the company exceeded cost savings expectations in fiscal 2023 with greater than $450 million in run-rate savings. The company's CEO, David B. Sewell, stated that they remain committed to unlocking additional cost savings and driving profitable growth in fiscal 2024.

Portfolio Pulse from Nabaparna Bhattacharya

November 09, 2023 | 5:10 pm

ANGI

Benchmark analyst Daniel Kurnos has maintained a 'Buy' rating on Angi (NASDAQ:ANGI) but lowered the price target from $8 to $7.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:10 pm

UAA

Piper Sandler analyst Abbie Zvejnieks has maintained a Neutral rating on Under Armour (NYSE:UAA) and lowered the price target from $10 to $8.5.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:05 pm