Streetbeat News

Analyst Ratings

BIRK

Citigroup analyst Paul Lejuez has initiated coverage on Birkenstock Holding (NYSE:BIRK) with a Buy rating and a price target of $52.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:11 pm

SLG

Truist Securities analyst Michael Lewis has maintained a 'Buy' rating on SL Green Realty (NYSE:SLG) but lowered the price target from $42 to $41.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:11 pm

BIRK

Baird analyst Mark Altschwager has initiated coverage on Birkenstock Holding (NYSE:BIRK) with an Outperform rating and a price target of $48.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:09 pm

GFL

ADW Capital Management, a significant shareholder of GFL Environmental Inc. (NYSE:GFL), has issued an open letter to GFL's board and management, urging them to undertake a strategic review process. ADW believes that GFL is misunderstood and undervalued by the public markets and suggests that being acquired in a take-private transaction or merger would best maximize value for all shareholders. ADW also criticizes GFL's public market performance and suggests that the company should return to the private markets.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:09 pm

AMZN

GOOG

MSFT

NVDA

Amazon, Microsoft, and Alphabet are increasing their capital spending to build up capacity in the AI and cloud computing sectors. This has led to a surge in capital spending to $42 billion in Q3 2023, a 20% YoY increase. Analysts predict a further acceleration in cloud-related spending next year. Nvidia, a key supplier of GPU and chips, is expected to benefit from this trend. However, there are concerns that focusing on capital-intensive AI and cloud services could pressure profit margins.

Portfolio Pulse from Anusuya Lahiri

November 06, 2023 | 2:09 pm

QSR

Truist Securities analyst Jake Bartlett maintains a 'Buy' rating on Restaurant Brands Intl (NYSE:QSR) but lowers the price target from $89 to $83.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:07 pm

PEP

PepsiCo, Inc. (NASDAQ: PEP) announced that its CFO, Hugh Johnston, will be leaving the company on November 30. He will be succeeded by James Caulfield, currently Senior Vice President, CFO, PepsiCo Foods North America. Johnston, who has been with PepsiCo for 34 years, will join The Walt Disney Company as CFO following his departure.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:05 pm

PLYM

Truist Securities analyst Anthony Hau maintains a 'Buy' rating on Plymouth Industrial REIT (NYSE:PLYM) but lowers the price target from $26 to $24.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:03 pm

PAGP

Truist Securities analyst Neal Dingmann maintains a 'Buy' rating on Plains GP Holdings (NASDAQ:PAGP) and raises the price target from $17 to $21.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:02 pm

BIRK

Williams Trading analyst Sam Poser has initiated coverage on Birkenstock Holding (NYSE:BIRK) with a Buy rating and a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:01 pm