Streetbeat News

Stock Prices

ADM

Goldman Sachs analyst Adam Samuelson downgraded Archer-Daniels Midland (ADM) from Buy to Neutral and reduced the price target from $90 to $67.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 12:05 pm

AAPL

Apple Inc. (AAPL) has opened pre-orders for its Vision Pro mixed reality headset, with accessories and support plan totaling $1,510. The cost of essential accessories and AppleCare+ is $1,200, equivalent to the price of an iPhone 15 Pro Max. Analyst Ming-Chi Kuo reports better than expected demand for Vision Pro, with sales between 160,000 to 180,000 units, but warns of potential demand drop-off. Jim Cramer expressed skepticism about the product's broad appeal due to its high price.

Portfolio Pulse from Rounak Jain

January 22, 2024 | 12:04 pm

DBGI

FFIE

MBLY

UCAR

VMAR

The article lists the top 5 consumer discretionary stocks considered oversold based on their Relative Strength Index (RSI) values, suggesting potential for growth in Q1. Mobileye Global Inc. (MBLY) announced production design wins, Faraday Future Intelligent Electric Inc. (FFIE) received a Nasdaq warning, Vision Marine Technologies Inc. (VMAR) announced a private placement, U Power Limited (UCAR) reported a narrower quarterly loss, and Digital Brands Group, Inc. (DBGI) signed a letter of intent to open a retail store.

Portfolio Pulse from Avi Kapoor

January 22, 2024 | 12:00 pm

LULU

HSBC analyst Erwan Rambourg has downgraded Lululemon Athletica (NASDAQ:LULU) from Buy to Hold while setting a price target of $500 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 11:50 am

BOH

Bank of Hawaii (NYSE:BOH) reported Q4 earnings of $0.72 per share, missing the consensus estimate of $1.00 by 28%, and a 52% decrease from $1.50 per share last year. Sales were $158.07M, missing the $161.51M estimate by 2.13%, and down 13.11% from $181.91M last year.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 11:49 am

TAST

Truist Securities analyst Jake Bartlett downgraded Carrols Restaurant Group (NASDAQ:TAST) from Buy to Hold and reduced the price target from $10 to $9.55.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 11:49 am

PLTK

HSBC analyst Mohammed Khallouf has downgraded Playtika Holding (NASDAQ:PLTK) from Buy to Hold and reduced the price target from $14.9 to $8, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 11:47 am

TLYS

Ed Thomas has retired as President and CEO of Tilly's, effective immediately. He will remain as interim President and CEO until a successor is appointed.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 11:46 am

LIN

Stifel analyst Andreas Heine has downgraded Linde (NASDAQ:LIN) from Buy to Hold and set a price target of $429. This reflects a change in the analyst's outlook on the stock, suggesting a more cautious stance on Linde's future price performance.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 11:46 am

CSX

MCHP

MTB

SBUX

SMCI

Wall Street analysts have made recent stock picks with varying accuracy rates. Chris Caso of Wolfe Research upgraded Microchip Technology (MCHP) with a 17% upside. Patrick Brown of Raymond James maintained CSX Corporation (CSX) with an 86% upside. Frank Schiraldi of Piper Sandler maintained M&T Bank (MTB) with a 9% upside. Matt Bryson of Wedbush reiterated a Neutral rating on Super Micro Computer (SMCI) with a 42% downside. Brian Mullan of Piper Sandler maintained Starbucks (SBUX) with over a 6% upside. These ratings come as the S&P 500 hits an all-time high and all major indices are positive for 2024.

Portfolio Pulse from Avi Kapoor

January 22, 2024 | 11:43 am