Streetbeat News

Analyst Ratings

ARES

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Ares Management (NYSE:ARES) and lowered the price target from $114 to $109.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:02 pm

AMGN

Morgan Stanley analyst Terence Flynn has maintained an Equal-Weight rating on Amgen (NASDAQ:AMGN) and lowered the price target from $300 to $291.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:01 pm

CIG

HSBC analyst Lilyanna Yang has upgraded Cia Energetica DE Minas (NYSE:CIG) from Hold to Buy and announced a $2.9 price target.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:01 pm

SAIA

Stifel analyst J. Bruce Chan has upgraded Saia (NASDAQ:SAIA) from Hold to Buy and raised the price target from $412 to $425.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 11:56 am

AMD

Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on Advanced Micro Devices (NASDAQ:AMD) but lowered the price target from $138 to $128.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 11:54 am

STLA

Bernstein analyst Daniel Roeska has upgraded Stellantis (NYSE:STLA) from Market Perform to Outperform and raised the price target from $18.5 to $26.4.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 11:52 am

BP

Raymond James analyst Justin Jenkins has maintained an 'Outperform' rating on BP (NYSE:BP) but lowered the price target from $46 to $43.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 11:48 am

AESI

Raymond James analyst James Rollyson has maintained a Strong Buy rating on Atlas Energy Solutions (NYSE:AESI) but lowered the price target from $27 to $26.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 11:45 am

AMD

MPC

PAYC

PGR

SSTK

SYY

THC

TRNS

ZBRA

ZI

Top Wall Street analysts have updated their outlooks on several stocks. Shutterstock's price target was cut from $76 to $60 by Needham, but the stock gained 18.6% to close at $40.68. Marathon Petroleum's price target was increased from $171 to $175 by Raymond James, but the stock fell 0.2% to $151.01. Advanced Micro Devices' price target was slashed from $160 to $140 by Keybanc, and the stock fell 1.8% to $96.77. Sysco's price target was cut from $90 to $80 by Stephens & Co., but the stock gained 1.5% to close at $66.49. Paycom Software's price target was lowered from $399 to $185 by Piper Sandler, and the stock fell 36.5% to $155.65. The Progressive Corporation's price target was increased from $135 to $160 by Morgan Stanley, and the stock rose 0.3% to $158.55. ZoomInfo's price target was slashed from $30 to $17 by Goldman Sachs, and the stock fell 1.9% to $12.71. Transcat's price target was raised from $106 to $108 by HC Wainwright & Co., but the stock fell 3.5% to close at $90.02. Zebra Technologies' price target was cut from $285 to $255 by Needham, but the stock fell 0.2% to close at $209.43. Tenet Healthcare's price target was slashed from $95 to $90 by Raymond James, but the stock gained 0.9% to close at $53.70.

Portfolio Pulse from Lisa Levin

November 01, 2023 | 11:43 am

F

GM

TSLA

Tesla CEO Elon Musk has acknowledged room for improvement in the company's deliveries despite its dominance in the EV market. This comes as other major players like General Motors and Ford Motor are scaling down their EV targets. Ford is delaying its $12 billion EV investment and will continue to focus on combustion engine and hybrid vehicles. General Motors has scrapped its plans to develop affordable EVs under $30K with Honda Motor and withdrew its EV production targets.

Portfolio Pulse from Anan Ashraf

November 01, 2023 | 11:36 am