Streetbeat News

Analyst Ratings

SFM

UBS analyst Mark Carden has maintained a Neutral rating on Sprouts Farmers Market (NASDAQ:SFM) and raised the price target from $39 to $45.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:53 pm

ARCB

UBS analyst Thomas Wadewitz maintains a Neutral rating on ArcBest (NASDAQ:ARCB) and raises the price target from $110 to $119.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:51 pm

AMGN

UBS analyst Colin Bristow has maintained a Neutral rating on Amgen (NASDAQ:AMGN) and lowered the price target from $272 to $268.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:48 pm

AMD

UBS analyst Timothy Arcuri has maintained a 'Buy' rating on Advanced Micro Devices (AMD), but has lowered the price target from $145 to $135.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:47 pm

ZBRA

Analysts from Needham, Stephens & Co, and KeyBanc have maintained their ratings on Zebra Technologies Corp (ZBRA) but lowered their price targets due to soft demand and visibility challenges. Q3 revenues were above the midpoint of guidance and 3% above consensus, but Q4 revenues are expected to decline 32% - 36% Y/Y. ZBRA shares traded lower by 6.66% at $195.48 on the last check Wednesday.

Portfolio Pulse from Anusuya Lahiri

November 01, 2023 | 6:44 pm

TECH

Stifel analyst Daniel Arias maintains a Buy rating on Bio-Techne (NASDAQ:TECH) but has lowered the price target from $104 to $65.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:43 pm

MSFT

Stifel analyst Brad R. Reback reiterated a Buy rating on Microsoft Corp (NASDAQ:MSFT) with a price target of $390. The analyst highlighted Microsoft's potential to leverage its AI leadership position to accelerate share gains across its platforms. This is the first time in over two decades that Microsoft is not playing from behind in an emerging tech trend. The analyst expects the coming AI cycle to allow Microsoft to sustain double-digit revenue and profitability growth for years to come.

Portfolio Pulse from Anusuya Lahiri

November 01, 2023 | 6:40 pm

F

GM

Barclays analyst Dan Levy has upgraded the rating on Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM) from Equal-Weight to Overweight with a price target of $14 and $37, respectively. The analyst notes that despite structural concerns, a modest reversal of negative sentiment could drive an attractive upside. The analyst prefers GM over Ford, noting that sentiment on GM is considerably worse, which should offer an easier reversion.

Portfolio Pulse from Shivani Kumaresan

November 01, 2023 | 6:38 pm

AGCO

Stifel analyst Stanley Elliott maintains a Buy rating on AGCO (NYSE:AGCO) but lowers the price target from $161 to $160.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:36 pm

MCK

A significant bearish stance has been taken on McKesson (NYSE:MCK) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 20% bullish and 80% bearish. The whales have been targeting a price range from $445.0 to $480.0 for McKesson over the last 3 months. The current price of MCK is up 1.34% at $461.45. Argus Research maintains their Buy rating on McKesson with a price target of $480.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 6:31 pm