Streetbeat News

Analyst Ratings

FSLR

First Solar Inc (NASDAQ:FSLR) is set to report its Q3 earnings, with analysts expecting $2.06 in EPS and $900.14 million in revenue. The company is expected to benefit from growing demand for solar energy, government initiatives for clean energy, and economies of scale. However, the stock has fallen over 15% in the past month.

Portfolio Pulse from Surbhi Jain

October 31, 2023 | 12:55 pm

LUV

Morgan Stanley analyst Ravi Shanker maintains an Overweight rating on Southwest Airlines (NYSE:LUV) but lowers the price target from $50 to $47.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:54 pm

PINS

Pinterest Inc (NYSE:PINS) reported strong Q3 earnings, with revenues of $763 million, beating estimates of $743.5 million, and EPS of 28 cents, surpassing estimates of 20 cents. The company's revenues were up 11% YoY, and global monthly active users increased 8% YoY to 482 million. Pinterest expects Q4 revenue growth of 11% to 13% YoY and a decline in operating expenses between 9% and 13%. Following the results, Keybanc, Rosenblatt, and BofA Securities analysts maintained or upgraded their ratings and raised their price targets for Pinterest.

Portfolio Pulse from Adam Eckert

October 31, 2023 | 12:50 pm

SRPT

Morgan Stanley analyst Matthew Harrison has maintained an Overweight rating on Sarepta Therapeutics (NASDAQ:SRPT), but lowered the price target from $183 to $146.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:44 pm

PINS

Morgan Stanley analyst Brian Nowak has maintained an Equal-Weight rating on Pinterest (NYSE:PINS) and raised the price target from $24 to $25.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:42 pm

PINS

Wedbush analyst Scott Devitt maintains a Neutral rating on Pinterest (NYSE:PINS) and raises the price target from $30 to $32.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:41 pm

PETS

Morgan Stanley analyst Erin Wright has maintained an Underweight rating on PetMed Express (NASDAQ:PETS) and lowered the price target from $10 to $7.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:41 pm

ON

Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on ON Semiconductor (NASDAQ:ON) and lowered the price target from $110 to $76.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:40 pm

VRNS

Wedbush analyst Daniel Ives maintains a Neutral rating on Varonis Systems (NASDAQ:VRNS) and raises the price target from $32 to $35.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:39 pm

NUE

Morgan Stanley analyst Carlos De Alba has maintained an Equal-Weight rating on Nucor (NYSE:NUE) but lowered the price target from $162 to $154.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:38 pm