Streetbeat News

Analyst Ratings

KVUE

Goldman Sachs analyst Jason English has upgraded Kenvue (NYSE:KVUE) from Neutral to Buy and set a price target of $29.

Portfolio Pulse from richadhand@benzinga.com

August 24, 2023 | 8:11 am

TIXT

Scotiabank analyst Divya Goyal has upgraded TELUS Intl (NYSE:TIXT) from Sector Perform to Sector Outperform.

Portfolio Pulse from richadhand@benzinga.com

August 24, 2023 | 8:10 am

ZUO

Canaccord Genuity analyst Joseph Vafi has reiterated a 'Buy' rating on Zuora (NYSE:ZUO) and maintained a price target of $16.

Portfolio Pulse from richadhand@benzinga.com

August 24, 2023 | 8:07 am

PTON

Needham analyst Bernie McTernan has downgraded Peloton Interactive (NASDAQ:PTON) from Buy to Hold.

Portfolio Pulse from richadhand@benzinga.com

August 24, 2023 | 8:03 am

SNOW

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Snowflake (NYSE:SNOW) but lowered the price target from $210 to $205.

Portfolio Pulse from richadhand@benzinga.com

August 24, 2023 | 8:02 am

ADSK

Piper Sandler analyst Clarke Jeffries has reiterated an Overweight rating on Autodesk (NASDAQ:ADSK) and maintained a price target of $240.

Portfolio Pulse from richadhand@benzinga.com

August 24, 2023 | 8:00 am

TRMR

Needham analyst Laura Martin has maintained a 'Buy' rating on Tremor Intl (NASDAQ:TRMR) but lowered the price target from $10 to $5.

Portfolio Pulse from richadhand@benzinga.com

August 24, 2023 | 7:59 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) reported better-than-expected Q2 results and guided Q3 revenue to $1.6 billion, exceeding consensus estimates. The company's performance has been praised by analysts, with Gene Munster of Deepwater Asset Management stating that even Apple did not see two consecutive quarters of 30% plus revenue guide ups during its peak. However, questions have been raised about the sustainability of the growth rates.

Portfolio Pulse from Shanthi Rexaline

August 24, 2023 | 7:02 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced gains on Wednesday, aligning with the surge in traditional markets. Bitcoin reached a peak of over $26,600, setting a new high for the week. Ethereum is expected to undergo a significant drop before reaching new all-time highs, according to crypto analyst Benjamin Cowen. The global crypto market capitalization stands at $1.06 trillion, a 1.44% increase in the last day. Stocks also closed higher on Wednesday, with the S&P 500 and Nasdaq Composite seeing strong gains.

Portfolio Pulse from Mehab Qureshi

August 24, 2023 | 2:42 am

AAPL

AI

AMD

CRM

GOOG

GOOGL

MDB

MSFT

NVDA

ORCL

PLTR

SNOW

XLK

Nvidia Corp reported strong Q2 results, which sent the stock to record territory. Wedbush analyst Daniel Ives sees these results as a strong indicator of AI demand. He predicts a tech rally that will continue for the rest of the year, driven by the 'AI Gold Rush'. He named Nvidia, Microsoft, Alphabet, Apple, Oracle, Palantir Technologies, MongoDB, Snowflake, Salesforce, Advanced Micro Devices, and C3.ai as companies that will benefit from this trend.

Portfolio Pulse from Shanthi Rexaline

August 23, 2023 | 10:59 pm