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The Latest Breaking News from Benchmark

UBS Remains Bullish On This Social Media Giant - Read Why

UBS analyst Lloyd Walmsley raised the price target on Meta Platforms Inc (NASDAQ:FB) to $300 from $280 and kept a Buy rating on the shares. The price target implies an upside of 29.4%. The impact of the Russia-Ukraine war is more than offset by the company's lower operating expense estimates. Also Read: From 'Facebook' To 'Meta,' 'Facebookers' To…

Is Influencer Marketing Effective? Grant Cardone Dives In

Is Influencer Marketing Effective? Grant Cardone Dives In

This article was originally published on Grand Cardone TV and appears here with permission. Is influencer marketing effective? More and more companies are starting to think so.

Read How Analysts Reacted To Google's Pact With Spotify

Read How Analysts Reacted To Google's Pact With Spotify

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google decided to allow Spotify Technology SA (NYSE:SPOT) and other app developers to offer users an alternative third-party payment option alongside Google Play's option. KeyBanc analyst Justin Patterson saw the move as a win for digital content providers. He viewed alternative payment options as a happy compromise that calmed regulators and…

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For a successful green transition, a data-driven culture is vital

Companies today are talking a great deal about decarbonisation and, for many, it has increasingly become a top priority

The Independent UK

Benchmark Initiates Coverage On This Logistics Provider With Hold Rating

Expeditors International of Washington Inc (NASDAQ:EXPD) was initiated with a Hold rating by Benchmark analyst Christopher Kuhn. The analyst calls the company a "high-quality freight forwarder" that has taken benefit of the strong growth in the freight forwarding market. Kuhn expects Expeditors' revenue and operating margins to revert to normal levels as tight capacity in…

Benchmark Cuts Lightning Emotors Price Target By 36%

Lightning Emotors Inc (NYSE:ZEV) price target has been lowered to $9 (an upside of 91.7%) from $14 by Benchmark. Analyst Michael Ward reduced the price target to echo new revenue assumptions as chip shortages have extended into 2022. Meanwhile, the analyst maintained the Buy rating on the shares as he thinks postponed deliveries will…

Why Direct Digital Holdings Shares Are Soaring Today

Direct Digital Holdings Inc (NASDAQ: DRCT) is trading higher Wednesday after Benchmark analyst Daniel Kurnos initiated coverage on the stock with a Buy rating and announced a $8 price target.

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Here's Why Morgan Stanley Slashed Facebook Parent Meta's Price Target by 10%

Here's Why Morgan Stanley Slashed Facebook Parent Meta's Price Target by 10%

Morgan Stanley analyst Brian Nowak lowered the price target on Facebook parent Meta Platforms Inc (NASDAQ:FB) to $325 from $360 and reiterated Overweight. The price target implies an upside of 59.7%. Nowak noted lower near-term monetization of Reels. Benchmark analyst Mark Zgutowicz harbored similar feelings and therefore initiated coverage on the stock with a Hold and without any…

Benzinga's Top Ratings Upgrades, Downgrades For March 2, 2022

Benzinga's Top Ratings Upgrades, Downgrades For March 2, 2022

Here's How Benchmark Views Twitter, Pinterest, Snap

Here's How Benchmark Views Twitter, Pinterest, Snap

Benchmark analyst Mark Zgutowicz initiated coverage of multiple social media stocks.

Benzinga's Top Ratings Upgrades, Downgrades For March 1, 2022

Benzinga's Top Ratings Upgrades, Downgrades For March 1, 2022

Here's Why Benchmark Feels That Meta's Advertising Problem Is 'Getting Worse, Not Better'

Here's Why Benchmark Feels That Meta's Advertising Problem Is 'Getting Worse, Not Better'

Meta Platforms Inc (NASDAQ: FB) has an advertising problem "getting worse, not better" as Benchmark initiated coverage on the Mark Zuckerberg-led company.

Here's Why Roku Plunged Below 52-Week Low Today

Here's Why Roku Plunged Below 52-Week Low Today

Analysts slashed their price targets on Roku Inc (NASDAQ:ROKU) post Q4 results. Pivotal Research analyst Jeffrey Wlodarczak downgraded to Sell from Hold with a PT of $95, down from $350 (34.4% downside). The company reported an "overall mixed" Q4 as it issued a lower than forecast 2022 revenue outlook and decided to "massively ramp" operating expenses,…

This Analyst Recommends Ford Despite Q4 Results Missing 3 Out Of 4 Metrics

This Analyst Recommends Ford Despite Q4 Results Missing 3 Out Of 4 Metrics

Ford Motor Company (NYSE: F) reported weaker-than-expected earnings results for its fourth quarter after the closing bell on Thursday. Michael Ward of Benchmark told CNBC that the recent quarter was disappointing for Ford and the company missed on three out of four metrics he was tracking.

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