Streetbeat News

Analyst Ratings

BKNG

UBS analyst Lloyd Walmsley has maintained a 'Buy' rating on Booking Holdings (NASDAQ:BKNG) and raised the price target from $3700 to $4000.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:53 pm

QSR

BMO Capital analyst Andrew Strelzik has maintained an 'Outperform' rating on Restaurant Brands Intl (NYSE:QSR) but lowered the price target from $88 to $85.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:47 pm

MTTR

Matterport, Inc. (NASDAQ:MTTR) reported better-than-expected Q3 financial results, beating analyst consensus estimates for both losses per share and sales. The company also raised its full-year guidance due to strong demand for digital twins and robust gross margins. Piper Sandler and Morgan Stanley analysts maintained their ratings but adjusted their price targets. The stock is trading higher with heavy volume.

Portfolio Pulse from Erica Kollmann

November 07, 2023 | 5:45 pm

BLMN

BMO Capital analyst Andrew Strelzik has maintained a 'Market Perform' rating on Bloomin Brands (NASDAQ:BLMN) but lowered the price target from $25 to $24.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:45 pm

BCC

BMO Capital analyst Ketan Mamtora maintains a Market Perform rating on Boise Cascade (NYSE:BCC) and lowers the price target from $115 to $112.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:42 pm

DOCN

Goldman Sachs has upgraded its rating for DigitalOcean Holdings Inc (NYSE:DOCN) from Sell to Buy, maintaining a price target of $33. The stock has underperformed this year due to a normalization in cloud optimization spending and management transition. However, Goldman Sachs believes that as the macro environment stabilizes, the structural improvements made by DigitalOcean will drive better revenue growth and continued FCF margin expansion.

Portfolio Pulse from Priya Nigam

November 07, 2023 | 5:41 pm

AMK

BMO Capital analyst James Fotheringham has maintained a 'Market Perform' rating on AssetMark Financial Holdings (NYSE:AMK) and lowered the price target from $33 to $32.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:40 pm

ALB

BMO Capital analyst Joel Jackson has maintained an 'Outperform' rating on Albemarle (NYSE:ALB), but lowered the price target from $265 to $180.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:36 pm

ADTN

ADTRAN reported mixed Q3 results and issued Q4 revenue guidance below estimates. Rosenblatt downgraded the stock from Buy to Neutral and lowered its price target from $11 to $7.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:32 pm

NXPI

NXP Semiconductors NV (NASDAQ:NXPI) shares rose after the company reported its Q3 results. Despite a 1% sequential decline in revenues in Q4 guidance, analysts from KeyBanc Capital Markets, Mizuho Securities, BofA Securities, Oppenheimer, and Stifel are not disappointed. They highlighted the company's better-than-expected Q3 earnings, efficient cost management, and performance in mobile, industrial, and auto segments. However, they also noted potential risks such as slowing auto/industrials, supply/pricing risk, and increasing inventories.

Portfolio Pulse from Priya Nigam

November 07, 2023 | 5:31 pm