Streetbeat News

Analyst Ratings

SYK

Stryker (NYSE:SYK) has received mostly bullish ratings from analysts in the last quarter, with an average price target of $323.0, indicating potential upside from the current price of $276.4. The average price target has increased by 5.56% over the past month.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:00 pm

CDW

The article provides a comprehensive comparison of CDW Corp (NASDAQ:CDW) with its competitors in the Electronic Equipment, Instruments & Components industry. CDW's P/E, P/B, and P/S ratios are significantly higher than the industry average, indicating a premium valuation. The company's ROE and EBITDA are also above average, suggesting efficient use of equity and strong profitability. However, CDW's revenue growth is below the industry average, indicating potential struggles in increasing sales volume. CDW also has a higher debt-to-equity ratio than its peers, implying a greater reliance on debt financing.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:00 pm

BE

Bloom Energy (NYSE:BE) has seen a decrease in its average price target from $25.43 to $20.29, a drop of 20.21% over the last quarter. The company has received a mix of bullish and indifferent ratings from analysts, with no bearish ratings in the past three months. The ratings are based on the analysis of company financial statements, conference calls, meetings, and insider information.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:00 pm

SXI

Benchmark analyst Michael Legg maintains a Buy rating on Standex International (NYSE:SXI) but lowers the price target from $205 to $190.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 3:59 pm

SBUX

Starbucks Corp's shares are trading flat after Wedbush analyst Nick Setyan maintained a Neutral rating and raised the price target from $100 to $106. The company's shares have risen by 10% over the past week following better-than-expected Q4 results and comparable sales growth. Starbucks also announced a minimum 3% pay increase for eligible hourly retail employees in the US starting January 1. The company reported an 11.4% YoY sales growth at $9.37 billion in Q4 FY23.

Portfolio Pulse from Henry Khederian

November 06, 2023 | 3:58 pm

BLMN

Piper Sandler analyst Brian Mullan maintains a Neutral rating on Bloomin Brands (NASDAQ:BLMN) and lowers the price target from $30 to $26.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 3:54 pm

AMPL

Amplitude (NASDAQ:AMPL) CEO Spenser Skates advocates for a relentless pursuit of the best possible outcome in business endeavors, contrary to the well-known business adage that warns against letting 'perfect' be the enemy of 'good.' This attitude has benefited Amplitude, a company currently valued at $1.4 billion. Skates and his colleague Curtis Liu leveraged their technology from voice recognition startup Sonalight to establish Amplitude, which they felt had a brighter future.

Portfolio Pulse from Bibhu Pattnaik

November 06, 2023 | 3:53 pm

TFX

Piper Sandler analyst Matt O'Brien maintains a Neutral rating on Teleflex (NYSE:TFX) and raises the price target from $210 to $225.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 3:52 pm

HRTG

Piper Sandler analyst Paul Newsome has maintained a Neutral rating on Heritage Insurance Hldgs (NYSE:HRTG) and raised the price target from $5.7 to $7.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 3:50 pm

PARA

Paramount Global Class B (NASDAQ:PARA) shares are trading lower by 5.4% after B of A Securities analyst Jessica Reif Ehrlich downgraded the stock from Buy to Underperform and announced a $9 price target. This follows Paramount's Q3 financial report where it exceeded expectations with adjusted earnings of 30 cents per share and quarterly revenue of $7.13 billion. Paramount's streaming services, Paramount+ and Pluto TV, saw a substantial increase in global viewing hours by 46% and revenue growth of 61%.

Portfolio Pulse from Henry Khederian

November 06, 2023 | 3:49 pm