Streetbeat News

Analyst Ratings

CMG

Wedbush analyst Nick Setyan has reiterated an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and maintained a price target of $2200.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:11 am

BJRI

Wedbush analyst Nick Setyan has reiterated an Outperform rating on BJ's Restaurants (NASDAQ:BJRI) and maintained a $32 price target.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:05 am

ONON

Needham analyst Anna Andreeva has reiterated a 'Buy' rating on On Holding (NYSE:ONON) and maintained a $40 price target.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:02 am

CSIQ

ENPH

FSLR

ISRG

MTC

NOVA

RUN

SEDG

SPWR

WDFC

Several stocks traded lower in Friday's pre-market session, including SolarEdge Technologies, Enphase Energy, SunPower Corporation, Intuitive Surgical, MMTEC, Sunrun, Sunnova Energy International, Canadian Solar, First Solar, and WD-40 Company. SolarEdge's shares tumbled after the company issued preliminary Q3 revenue results below estimates and lowered its non-GAAP gross margin forecast. Enphase Energy's shares fell in sympathy with SolarEdge. SunPower's shares fell after JP Morgan maintained the company with an Underweight. Intuitive Surgical's shares declined after the company reported mixed Q3 financial results. MMTEC's shares fell after a significant jump on Thursday. Sunrun, Sunnova Energy, and Canadian Solar saw their shares decline after Deutsche Bank downgraded them. First Solar's shares declined, and WD-40 Company's shares fell after the company issued a weak earnings forecast for FY24.

Portfolio Pulse from Lisa Levin

October 20, 2023 | 10:00 am

TSCO

Telsey Advisory Group has maintained its 'Outperform' rating on Tractor Supply (NASDAQ:TSCO) but has lowered the price target from $265 to $245.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 9:59 am

NVDA

KeyBanc Capital Markets analyst John Vinh has cut the price target for Nvidia Corp. (NASDAQ:NVDA) from $750 to $650 due to fresh U.S. restrictions on chip sales to China. Despite this, Vinh maintains an Overweight rating on Nvidia shares and expects the company to finish strong in 2023. He anticipates a marginal near-term effect on Nvidia from the updated U.S. export restrictions and expects China to accelerate purchases ahead of the Nov. 15 implementation of the new export controls.

Portfolio Pulse from Shanthi Rexaline

October 20, 2023 | 9:54 am

SYK

Roth MKM analyst Jason Wittes has initiated coverage on Stryker (NYSE:SYK) with a Buy rating and a price target of $345.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 9:47 am

ENOV

Roth MKM analyst Jason Wittes has initiated coverage on Enovis (NYSE:ENOV) with a Buy rating and a price target of $75.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 9:46 am

OFIX

Roth MKM analyst Jason Wittes has initiated coverage on Orthofix Medical (NASDAQ:OFIX) with a Neutral rating and a price target of $12.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 9:43 am

ATEC

Roth MKM analyst Jason Wittes has initiated coverage on Alphatec Holdings (NASDAQ:ATEC) with a Buy rating and a price target of $22.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 9:42 am