Streetbeat News

Analyst Ratings

IAC

IRDM

OOMA

ZIP

The article lists four oversold stocks in the communication services sector that may present buying opportunities. These include IAC Inc. (NASDAQ:IAC), Ooma, Inc. (NYSE:OOMA), ZipRecruiter, Inc. (NYSE:ZIP), and Iridium Communications Inc. (NASDAQ:IRDM). The stocks are considered oversold as their Relative Strength Index (RSI) values are near or below 30.

Portfolio Pulse from Lisa Levin

October 27, 2023 | 12:43 pm

LSCC

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Lattice Semiconductor (NASDAQ:LSCC) and maintained a price target of $110.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 12:35 pm

AAPL

Apple Inc. (NASDAQ:AAPL) may not launch its Apple Watch Ultra 3 in 2024, according to analyst Ming-Chi Kuo. This is unusual given Apple's product development schedule. If the Ultra 3 is not launched, Kuo predicts a 10% year-on-year decline in total Apple Watch shipments in 2024. Additionally, Apple Watch Ultra shipments could decline 20-30% year-on-year if a new model is not introduced next year.

Portfolio Pulse from Rounak Jain

October 27, 2023 | 12:20 pm

AMZN

HAS

HSY

HUBG

INTC

MA

PLXS

PTCT

RBLX

RF

Several Wall Street analysts have updated their outlooks on various stocks. Barclays cut Hub Group's price target from $80 to $75, while Needham increased Plexus Corp's target from $107 to $113. Citigroup slashed PTC Therapeutics' target from $29 to $17, and B of A Securities reduced Hasbro's target from $90 to $53. Rosenblatt increased Amazon's target from $184 to $185, and TD Cowen cut Hershey's target from $235 to $200. JP Morgan slashed Regions Financial's target from $19 to $16.5, while Truist Securities raised Roblox's target from $35 to $37. HSBC boosted Intel's target from $27 to $33, and Keybanc cut Mastercard's target from $440 to $430.

Portfolio Pulse from Lisa Levin

October 27, 2023 | 12:07 pm

FHB

First Hawaiian (NASDAQ:FHB) reported Q3 2023 earnings of $0.46 per share, beating the analyst consensus estimate of $0.43 by 6.98%. However, this is a 14.81% decrease from the same period last year. The company also reported quarterly sales of $203.25 million, beating the estimate of $199.90 million by 1.67%, but this is a 2.56% decrease from the same period last year.

Portfolio Pulse from saritha@benzinga.com

October 27, 2023 | 12:06 pm

INTC

Rosenblatt analyst Hans Mosesmann has reiterated a 'Sell' rating on Intel (NASDAQ:INTC) and maintained a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:59 am

MPWR

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Monolithic Power Systems (NASDAQ:MPWR) and maintained a price target of $580.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:51 am

BMY

Barclays analyst Carter Gould has maintained an Equal-Weight rating on Bristol-Myers Squibb (NYSE:BMY) and lowered the price target from $60 to $51.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:47 am

BPMC

Barclays analyst Peter Lawson maintains an Equal-Weight rating on Blueprint Medicines (NASDAQ:BPMC) and raises the price target from $46 to $58.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:45 am

BKR

Barclays analyst David Anderson maintains an Overweight rating on Baker Hughes (NASDAQ:BKR) and raises the price target from $42 to $43.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:43 am