Benchmark

The recent downturn in Incyte Corporation’s (NASDAQ: INCY) share price offers an entry opportunity, with the FDA likely to approve ruxolitinib in chronic GVHD indication in September 2021, according to Benchmark. The Incyte Analyst: Aydin Huseynov upgraded the rating for Incyte to Buy, while...

While the pandemic accelerated awareness and adoption of Roblox Corp.’s (NYSE: RBLX) online game platform, the company could face challenges ahead, according to Benchmark. The Roblox Analyst: Mike Hickey initiated coverage of Roblox with a Sell rating and a price target of $75. The Roblox...

DISH Network Corp’s (NASDAQ: DISH) new network is a U.S.-based 5G, which is more cost-efficient because it doesn't have to support the legacy 3G or 4G infrastructure, according to Benchmark. The DISH Network Analyst: Matthew Harrigan initiated coverage of DISH Network with a Buy...

AutoNation, Inc. (NYSE: AN) reported its first-quarter earnings ahead of estimates, with the auto industry recovering faster than expected from the COVID-19 pandemic impact, according to Benchmark. The AutoNation Analyst: Michael Ward upgraded the rating for AutoNation from Hold to Buy, while...

Porch Group Inc (NASDAQ: PRCH) seems poised to capitalize on the rapidly growing home services software market, according to Benchmark. The Porch Analyst: Daniel Kurnos initiated coverage of Porch with a Buy rating and $24 price target. The Porch Thesis: Porch.com has a “software plus...

Roku Inc (NASDAQ: ROKU) finally reached an agreement with AT&T Inc. (NYSE: T) to add HBO Max to Roku's streaming platform effective immediately. The Analysts: Benchmark analyst Daniel Kurnos maintains a Buy rating on Roku's stock with a price target lifted from $300 to $410. BofA...

Automaker Ford Motor Company (NYSE: F) reported Wednesday with strong third-quarter results that were highlighted by a return to profitability. Here's how three Street analysts reacted to the print. The Ford Analysts Benchmark analyst Michael Ward maintains an Overweight rating on Ford...

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported strong quarterly results Wednesday and announced an agreement to buy programmable chipmaker Xilinx, Inc. (NASDAQ: XLNX) for $35 billion in stock. Credit Suisse On Xilinx Deal, AMD's Q3: The per-share deal value of $143 represents...

Seagate Technology PLC (NASDAQ: STX) reported upbeat first-quarter earnings Thursday, and the company's December quarter guidance came in higher than expected. The company is likely to witness strong cloud demand into next year, and improved demand in its enterprise segment could carry...

Intel Corporation (NASDAQ: INTC) shares are retreating to a one-month low following the chipmaker's lukewarm third-quarter results. The Intel Analysts: BofA Securities analyst Vivek Arya downgraded Intel from Neutral to Underperform and reduced the price target from $60 to $45. Benchmark...

Two of the most well-known companies in the United States are trading under $10. Analysts have given both of these companies $10 price targets. Here’s a look at the race to get shares back to the $10 level. Ford Shares Under $10: Ford Motor Company (NYSE: F) has had a rough 2020, with shares...

Analysts defending the DraftKings Inc (NASDAQ: DKNG) share offering and the company's high marketing costs. DraftKings has lower customer acquisition costs than in the prior year, and additional state legalization in the online sports betting market in its favor, the analysts said. The...

Ford Motor Company's (NYSE: F) new management team and prospects of better-than-expected third-quarter earnings offer near-term catalysts for the stock, according to Benchmark. The Ford Motor Analyst: Michael Ward upgraded Ford Motor Co. from Hold to Buy and established a $10...

GameStop Corp (NYSE: GME) announced a new multi-year partnership with Microsoft Corporation (NASDAQ: MSFT). What Happened: The deal will include GameStop using back-end and in-store solutions from Microsoft to help with finance, inventory, e-commerce, retail and point-of-sale. The partnership will...

GameStop Corp (NYSE: GME) reported second-quarter earnings after the market close on Wednesday. GameStop reported revenue down 26.7% year over year to $942 million. Quarterly losses of $1.40 per share missed the analyst consensus estimate by 37 cents. The GameStop Analysts: Credit Suisse analyst...