Streetbeat News

Analyst Ratings

XPO

JP Morgan analyst Brian Ossenbeck maintains an Overweight rating on XPO Logistics (NYSE:XPO), but lowers the price target from $89 to $88.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:41 pm

ZI

JP Morgan analyst Mark Murphy has maintained an Overweight rating on ZoomInfo Technologies (NASDAQ:ZI) but lowered the price target from $26 to $22.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:40 pm

WOLF

JP Morgan analyst Samik Chatterjee maintains a Neutral rating on Wolfspeed (NYSE:WOLF) and lowers the price target from $60 to $50.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:38 pm

BRK

BTCUSD

NU

SPY

Warren Buffett, CEO of Berkshire Hathaway Inc (BRK), has been a vocal critic of Bitcoin (BTC), even calling it 'rat poison squared' in 2018. Despite this, if an investor had put $1,000 into Bitcoin at the time of Buffett's comment, their investment would now be worth $3,462.82, a return of 246.3%. In comparison, shares of Berkshire Hathaway have risen 76.2% and the SPDR S&P 500 ETF Trust (SPY) is up 56.8% over the same period. Buffett and Berkshire Hathaway are shareholders in Nu Holdings (NU), a crypto-friendly bank.

Portfolio Pulse from Chris Katje

October 31, 2023 | 8:38 pm

SRPT

JP Morgan analyst Anupam Rama maintains an Overweight rating on Sarepta Therapeutics (NASDAQ:SRPT) but lowers the price target from $211 to $115.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:37 pm

PRMW

JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Primo Water (NYSE:PRMW) but has lowered the price target from $20 to $18.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:35 pm

QUAD

Quad/Graphics reported Q3 2023 earnings of $0.11 per share, beating the analyst consensus estimate of $0.05 by 120 percent. However, this is a 65.63 percent decrease from the same period last year. The company's quarterly sales of $700.20 million missed the analyst consensus estimate of $732.40 million by 4.40 percent, marking a 15.63 percent decrease from the previous year.

Portfolio Pulse from vinayak@benzinga.com

October 31, 2023 | 8:35 pm

PAG

JP Morgan analyst Rajat Gupta maintains an Underweight rating on Penske Automotive Group (NYSE:PAG) and has lowered the price target from $145 to $140.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:32 pm

ON

JP Morgan analyst Harlan Sur has maintained a Neutral rating on ON Semiconductor (NASDAQ:ON) and lowered the price target from $118 to $95.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:31 pm

GPN

A significant amount of unusual options activity has been observed for Global Payments (NYSE:GPN), with a majority of investors taking a bullish stance. The targeted price range for Global Payments over the last 3 months is from $90.0 to $110.0. The current price of GPN is up 2.33% at $106.22. Several financial institutions have downgraded their ratings on Global Payments, with price targets ranging from $130 to $154.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 8:31 pm