Streetbeat News

Analyst Ratings

RBLX

Roblox (NYSE:RBLX) has received various analyst ratings in the last quarter, with 7 bullish, 1 somewhat bullish, 4 indifferent, and 1 somewhat bearish. The average 12-month price target for Roblox is $39.69, representing an 11.8% decrease from the previous average price target of $45.00.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 6:00 pm

EW

Edwards Lifesciences (NYSE:EW) has received mostly bullish ratings from analysts in the last quarter, with 4 bullish, 8 somewhat bullish, and 1 indifferent rating. The company has an average 12-month price target of $99.08, a 1.17% decrease from the previous average price target of $100.25.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 6:00 pm

HES

Over the past three months, 10 analysts have published their opinions on Hess Corporation (NYSE:HES) stock. The average price target is $169.3, implying an upside from the current price of $153.0. This average has increased by 2.61% from the previous average price target of $165.00.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 6:00 pm

WBD

BofA analyst Jessica Reif Ehrlich reiterated a Buy rating on Warner Bros. Discovery, Inc (NASDAQ:WBD) with a price target of $21. Ehrlich anticipates WBD's 3Q results to reflect recent trends and expects the company to maintain their recently revised guidance. She remains bullish on the long-term potential of WBD and views the current valuation as compelling. However, WBD shares traded lower by 3.82% at $10.45 on the last check Monday.

Portfolio Pulse from Anusuya Lahiri

October 02, 2023 | 5:59 pm

DD

DuPont de Nemours's (NYSE:DD) short percent of float has risen 99.24% since its last report, with 11.93 million shares sold short, which is 2.61% of all regular shares available for trading. It would take traders 5.76 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.96%.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 5:45 pm

NSC

BofA Securities analyst Ken Hoexter downgraded Norfolk Southern Corporation (NYSE:NSC) from Buy to Neutral and lowered the price target from $266 to $215 due to concerns over data integrity and operational setbacks. The company experienced a data center outage on Sept 29, which is expected to impact operations over the next two weeks. This follows a similar outage in August. The analyst also lowered FY 23/’24/’25 EPS estimate 6%/7%/6%, to $11.90/$13.00 /$14.50, from $12.60/$14.00/$15.45.

Portfolio Pulse from Shivani Kumaresan

October 02, 2023 | 5:30 pm

MRK

Merck & Co's (NYSE:MRK) short percent of float has fallen 5.17% since its last report, indicating a more bullish sentiment towards the stock. The company has 13.88 million shares sold short, which is 0.55% of all regular shares available for trading. Compared to its peers, Merck & Co has less short interest.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 5:30 pm

DDOG

Piper Sandler analyst Rob D. Owens has upgraded Datadog Inc (NASDAQ:DDOG) to Overweight from Neutral rating, increasing the price target to $115 from $88. The analyst sees signs of stabilizing infrastructure and DevOps software demand, along with incremental opportunities related to security and AI. The company's acceleration in security products and lowered FY23 guidance are seen as potential upside opportunities.

Portfolio Pulse from Lekha Gupta

October 02, 2023 | 5:22 pm

HD

A significant investor has taken a bearish stance on Home Depot (NYSE:HD), with 60% of recent trades being bearish and 40% bullish. The total amount for put options is $1,815,473, while call options total $99,760. Whales have been targeting a price range from $290.0 to $375.0 for Home Depot over the last 3 months. The current price of HD is down -0.85% at $299.6. Evercore ISI Group maintains an Outperform rating on Home Depot with a price target of $370, while Stifel and HSBC have downgraded their actions to Hold with price targets of $350 and $365 respectively.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 5:16 pm

PBR

Unusual options activity has been observed for Petrobras Brasileiro (NYSE:PBR), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 70% bullish and 30% bearish. The whales have been targeting a price range from $12.0 to $17.0 for Petrobras Brasileiro over the last 3 months. Bradesco Corretora upgraded its action to Outperform with a price target of $15, while Jefferies downgraded its action to Buy with a price target of $21.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 5:16 pm