Streetbeat News

Analyst Ratings

ABM

Truist Securities analyst Jasper Bibb initiated coverage on ABM Industries Inc with a Hold rating and a price target of $43. Concerns about ABM's office exposure, which accounts for approximately 40% of revenue, may hinder growth in the B&I segment. The analyst is cautious about the office market's impact on FY25 estimates and sees a protracted downturn as a risk. Despite this, ABM's adjusted EBITDA margins have improved, and the company trades at a 12% FCF yield based on CY24E adjusted FCF per share estimates. ABM's Q3 FY23 revenue exceeded consensus, but adjusted EPS fell short.

Portfolio Pulse from Lekha Gupta

November 13, 2023 | 6:46 pm

DKNG

Susquehanna analyst Joseph Stauff has maintained a Positive rating on DraftKings (NASDAQ:DKNG) and increased the price target from $37 to $42.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:34 pm

MDB

Truist Securities analyst Miller Jump has reiterated a Buy rating on MongoDB (NASDAQ:MDB) and maintained a price target of $430.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:30 pm

VEEV

Truist Securities analyst Jailendra Singh has reiterated a Hold rating on Veeva Systems (NYSE:VEEV) with a maintained price target of $227.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:28 pm

ACT

Enact Holdings' stock is trading higher following an upgrade from Neutral to Buy by B of A Securities.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:21 pm

ZS

Truist Securities analyst Joel Fishbein has maintained a Buy rating on Zscaler (NASDAQ:ZS) and increased the price target from $175 to $205.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:16 pm

KGS

Truist Securities analyst Neal Dingmann has reaffirmed a Buy rating on Kodiak Gas Services (NYSE:KGS) and increased the price target from $24 to $25. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:15 pm

GDOT

Truist Securities analyst Andrew Quail has maintained a Buy rating on Green Dot (NYSE:GDOT) but lowered the price target from $17 to $10.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:13 pm

ESTC

Truist Securities analyst Joel Fishbein has reaffirmed a Buy rating on Elastic (NYSE:ESTC) and increased the price target from $75 to $85.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:12 pm

CRWD

Truist Securities analyst Joel Fishbein has reaffirmed a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $200 to $230.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 6:10 pm