Streetbeat News

Analyst Ratings

JCI

Oppenheimer analyst Noah Kaye maintains an Outperform rating on Johnson Controls Intl (NYSE:JCI) but has lowered the price target from $78 to $66.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:56 pm

CARR

Oppenheimer analyst Noah Kaye maintains an Outperform rating on Carrier Global (NYSE:CARR) but has lowered the price target from $60 to $58.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:37 pm

EEFT

Truist Securities analyst Andrew Jeffrey maintains a 'Buy' rating on Euronet Worldwide (NASDAQ:EEFT) and raises the price target from $90 to $95.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:35 pm

CMA

Truist Securities analyst Jennifer Demba maintains a 'Buy' rating on Comerica (NYSE:CMA) but has lowered the price target from $49 to $43.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:34 pm

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MRMD

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VRNOF

Analysts expect weak Q3 2023 revenue growth for most cannabis companies, with a few exceptions due to acquisitions and new market entries. Companies like 4Front, Cresco Labs, and Trulieve are expected to see sequential declines, while others like Verano, TILT, Ascend Wellness, Jushi, MariMed, TerrAscend, and Schwazze are projected to have sequential growth. Maryland is a key growth factor for Ascend, MariMed, and TerrAscend. Glass House Brands is expected to see a 61% YoY growth due to increased greenhouse production capacity.

Portfolio Pulse from Viridian Capital Advisors

October 23, 2023 | 4:34 pm

COLB

Truist Securities analyst Brandon King maintains a Hold rating on Columbia Banking System (NASDAQ:COLB) and lowers the price target from $21 to $20.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:33 pm

OZK

Truist Securities analyst Brandon King has maintained a 'Hold' rating on Bank OZK (NASDAQ:OZK) and lowered the price target from $40 to $38.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:32 pm

MS

A significant investor has taken a bearish stance on Morgan Stanley (NYSE:MS), with 75% of recent trades being bearish. The trades indicate a target price range of $65.0 to $92.5 for Morgan Stanley over the last 3 months. The current price of MS is down -1.13% at $72.31, and RSI indicators suggest the stock may be oversold. The next earnings are expected in 85 days.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 4:31 pm

AMD

IBM

Analyst Ming-Chi Kuo has stated that AMD is the FPGA solution provider for IBM's AI inference platform, which uses NeuReality's NR1 AI chip. The AI servers will begin low-volume production in 4Q23, with Foxconn as the assembler. AMD's collaboration with platform service providers and software companies positions it to potentially close the gap with Nvidia in AI starting in 2025. The collaboration also shows that AMD is not affected by the U.S. government's ban on shipping AI chips to China.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:29 pm

LICY

TD Cowen analyst Jeffrey Osborne has downgraded Li-Cycle Holdings (NYSE:LICY) from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:25 pm