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The Latest Breaking News from Benchmark

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.

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

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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

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

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,…

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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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