Streetbeat News

Price Targets

CAH

Morgan Stanley analyst Erin Wright maintains an Overweight rating on Cardinal Health (NYSE:CAH) and raises the price target from $114 to $119.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:55 pm

X

Morgan Stanley has maintained its Overweight rating on United States Steel (NYSE:X) and raised the price target from $48 to $49.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:54 pm

BTCUSD

MARA

Bitcoin mining profitability declined in July compared to June, with Bitcoin's price dropping over 6%. Jefferies lowered its price target for Marathon Digital (NASDAQ:MARA) from $22 to $17, maintaining a hold rating. Marathon Digital's shares dipped by 0.7% following the announcement. U.S.-listed mining companies increased their share of the total network hashrate from 20.7% to 21.1%. However, August could be more challenging due to Bitcoin's additional 5% price decline and increased network hashrate.

Portfolio Pulse from Murtuza Merchant

August 15, 2024 | 12:53 pm

WPRT

RBC Capital analyst Chris Dendrinos maintains a Sector Perform rating on Westport Fuel Systems (NASDAQ:WPRT) but lowers the price target from $9 to $8.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:53 pm

LITE

Barclays analyst Tom O'Malley maintains an Underweight rating on Lumentum Holdings (NASDAQ:LITE) but raises the price target from $38 to $40.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:53 pm

CLF

Morgan Stanley analyst Carlos De Alba has maintained an Equal-Weight rating on Cleveland-Cliffs (NYSE:CLF) but has lowered the price target from $17.5 to $15.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:52 pm

MRX

Barclays analyst Benjamin Budish maintains an Overweight rating on Marex Group (NASDAQ:MRX) and raises the price target from $25 to $28.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:52 pm

STLD

Morgan Stanley analyst Carlos De Alba maintains an Equal-Weight rating on Steel Dynamics (NASDAQ:STLD) and raises the price target from $134 to $138.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:51 pm

PYCR

Paycor HCM, Inc. (NASDAQ:PYCR) reported better-than-expected Q4 earnings and revenue, leading to a 2.7% increase in its stock price. Despite the positive results, several analysts lowered their price targets for the stock.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 12:51 pm