Streetbeat News

Analyst Ratings

ABNB

CME

MKC

MRNA

Insiders at McCormick & Company, CME Group, Moderna, and Airbnb have recently sold shares. McCormick reported downbeat Q3 sales results, while CME Group reported better-than-expected earnings for the same period. Moderna disclosed a strategic partnership with CEPI, and Airbnb received a Neutral rating from Seaport Global.

Portfolio Pulse from Lisa Levin

October 30, 2023 | 12:00 pm

MBIN

Raymond James analyst Daniel Tamayo has maintained a Strong Buy rating on Merchants Bancorp (NASDAQ:MBIN) and raised the price target from $41 to $44.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 11:50 am

ABBV

EWBC

OLN

Top Wall Street analysts have updated their outlooks on several stocks. Barclays increased AbbVie Inc.'s price target from $160 to $170 and upgraded the stock from Equal-Weight to Overweight. JP Morgan cut Olin Corporation's price target from $75 to $48 and downgraded the stock from Overweight to Neutral. UBS increased East West Bancorp, Inc.'s price target from $57 to $61 and upgraded the stock from Neutral to Buy. Other companies mentioned include Chevron Corporation, Eastman Chemical Company, NorthWestern Energy Group, Inc., Datadog, Inc., Balchem Corporation, CubeSmart, and Axos Financial, Inc.

Portfolio Pulse from Lisa Levin

October 30, 2023 | 11:49 am

HTBK

Raymond James analyst David Feaster maintains an Outperform rating on Heritage Commerce (NASDAQ:HTBK), but lowers the price target from $10.5 to $9.5.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 11:48 am

FRME

Raymond James analyst Daniel Tamayo has maintained an 'Outperform' rating on First Merchants (NASDAQ:FRME), but lowered the price target from $36 to $33.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 11:35 am

AAPL

Keybanc analyst Brandon Nispel has reiterated Apple (NASDAQ:AAPL) with a Sector Weight.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 11:29 am

VMAR

Ascendiant Capital analyst Lucas Ward has initiated coverage on Vision Marine (NASDAQ:VMAR) with a Buy rating and a price target of $4.5.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:59 am

NAMS

RBC Capital analyst Leonid Timashev has initiated coverage on NewAmsterdam Pharma (NASDAQ:NAMS) with an Outperform rating and a price target of $25.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:53 am

AMD

ARKQ

TSM

Ark Invest, founded by Cathie Wood, purchased 54,289 shares of Advanced Micro Devices, Inc. (AMD) and 3,046 shares of Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) on Friday. The AMD purchase was valued at $5.24 million, while the TSM purchase was valued at about $261,926. AMD is set to release its Q3 results on Tuesday, with analysts expecting a slight decline in earnings per share and revenues compared to the previous year.

Portfolio Pulse from Shanthi Rexaline

October 30, 2023 | 10:53 am

BCPC

HC Wainwright & Co. analyst Raghuram Selvaraju maintains a 'Buy' rating on Balchem (NASDAQ:BCPC) but lowers the price target from $165 to $135.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:53 am