Streetbeat News

Stock Prices

UTHR

United Therapeutics (NASDAQ:UTHR) has been the subject of diverse analyst ratings over the last three months, with a recent shift towards more bullish sentiments. The average 12-month price target for UTHR has risen to $311.14, marking a 4.06% increase from the previous target. The company, specializing in pulmonary arterial hypertension treatments, has shown a notable revenue growth of 25.07% over the past 3 months but faces challenges in net margin, ROE, and ROA compared to industry averages. Despite these challenges, its debt management is sound, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 1:00 pm

TSLA

S&P lowered Tesla's governance score due to concerns over Elon Musk's dominant role and key-person risk, despite affirming its 'BBB' credit rating. The downgrade was influenced by Musk's significant influence, the company's lawsuit exposures, and board ineffectiveness. S&P suggests increasing board independence to mitigate risks. Despite these governance concerns, Tesla's strong market position and liquidity were highlighted, with expectations of sustained EBITDA margin strength. Tesla's price cuts to maintain market share, efficiency improvements, and strategic initiatives like supercharger network access and software licensing are expected to support its competitive advantage.

Portfolio Pulse from Anan Ashraf

May 02, 2024 | 1:00 pm

OB

Outbrain (NASDAQ:OB) received mixed ratings from 4 analysts, with an average 12-month price target of $5.25, down from $7.25. The company faces a negative revenue trend with a -3.77% growth, but excels in net margin (7.51%), ROE (8.45%), and ROA (2.88%). Its debt-to-equity ratio is high at 0.59, indicating potential financial challenges.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 1:00 pm

DELL

F

MTTR

NXT

OKTA

Jim Cramer recommended buying Dell Technologies Inc. (DELL), praising it as a good stock to own. He also highlighted Okta, Inc. (OKTA) as 'terrific' and advised buying more Nextracker Inc. (NASDAQ:NXT). Cramer suggested a buyback from Ford Motor Company (NYSE:F) for improvement and recommended selling Matterport, Inc. (NASDAQ:MTTR) shares. Dell is expanding its edge partner ecosystem, Ford is recalling Maverick vehicles, Okta is set to release financial results, and Nextracker will announce its financial results soon. Matterport's acquisition by CoStar Group led to a cancellation of its earnings call.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 1:00 pm

MA

Mastercard Incorporated (NYSE:MA) is anticipated to report higher earnings for Q1 2024 before the market opens on May 1, with analysts expecting earnings of $3.02 per share compared to $2.8 per share a year ago, and revenue of $5.92 billion up from $5.75 billion. The company has recently realigned its teams to focus on Core Payments, Commercial and new Payment Flows, and Services. Shares fell 1.3% to close at $451.20 recently. Analysts from Baird, JP Morgan, Jefferies, Wells Fargo, and BMO Capital have updated their ratings and price targets for Mastercard, indicating a positive outlook.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 12:56 pm

CMS

PPL

SRE

Wall Street's most accurate analysts recommend buying three utilities stocks with over 3% dividend yields: CMS Energy Corporation (CMS), Sempra (SRE), and PPL Corporation (PPL). These recommendations are based on their high dividend yields, strong quarterly earnings, and positive analyst ratings with increased price targets.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 12:56 pm

ETSY

Loop Capital analyst Laura Champine downgrades Etsy (NASDAQ:ETSY) from Buy to Hold and lowers the price target from $70 to $50.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:56 pm

COOT

MED

SHOT

TAP

The article highlights the top 4 defensive stocks in the consumer staples sector that are currently oversold, presenting a potential buying opportunity. These include Medifast, Inc. (MED), Safety Shot, Inc. (SHOT), Molson Coors Beverage Company (TAP), and Australian Oilseeds Holdings Limited (COOT), all of which have an RSI near or below 30, indicating they may be undervalued.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 12:56 pm

CVNA

Carvana Co (NYSE:CVNA) reported first-quarter revenue of $3.061 billion, surpassing the consensus estimate of $2.673 billion, with adjusted EBITDA of $235 million. Vehicle sales increased by 16% year-over-year to 91,878. The company anticipates sequential growth in retail units and adjusted EBITDA for Q2 and is confident in achieving its full-year 2024 growth targets. Following the earnings announcement, Carvana's stock rose 5%, and analysts from Baird, JP Morgan, and Needham updated their price targets and ratings.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 12:55 pm

MCAG

Trading for MCAG was halted at 8:55:00 a.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:55 pm