Streetbeat News

Analyst Ratings

SHOP

A significant investor has taken a bearish stance on Shopify (NYSE:SHOP), with 63% of recent trades being bearish. The price target for Shopify over the last 3 months has been between $45.0 and $85.0. JMP Securities has downgraded Shopify to Market Outperform with a price target of $72, while Canaccord Genuity has upgraded it to Buy with a price target of $70. The stock is currently down 1.23% at $51.21, and the next earnings are expected in 28 days.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 2:16 pm

WDAY

Workday's shares are trading lower after the company reduced its longer-term annual subscription growth guidance. This led to several analysts cutting their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:14 pm

BCLI

Maxim Group analyst Jason McCarthy has downgraded Brainstorm Cell (NASDAQ:BCLI) from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:14 pm

SPOT

Monness, Crespi, Hardt analyst Brian White has downgraded Spotify Technology (NYSE:SPOT) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:12 pm

TSX:CR

TD Securities analyst Aaron Bilkoski has downgraded Crew Energy from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:11 pm

TSX:KEL

TD Cowen analyst Juan Jarrah has downgraded Kelt Exploration from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:09 pm

TSX:TCW

TD Cowen analyst Aaron Macneil has downgraded Trican Well Service from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:07 pm

UPST

Bleecker Street Research has issued a short report on Upstart Holdings (UPST), highlighting several issues with the company's business model and financial health. The report criticizes Upstart's reliance on artificial intelligence for credit decisioning, stating that the results have been poor. It also notes that Upstart's largest loan origination partners are facing regulatory issues, and that loans are piling up on Upstart's balance sheet. The report suggests that Upstart's largest source of revenue could be shut down by the FDIC within the next year.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:04 pm

DXCM

A significant bearish stance has been taken on DexCom (NASDAQ:DXCM) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 18% bullish and 81% bearish. The whales have been targeting a price range from $85.0 to $95.0 for DexCom over the last 3 months. UBS and Raymond James have maintained their Buy and Strong Buy ratings on DexCom, respectively.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 2:01 pm

AMZN

A significant investor has taken a bearish stance on Amazon.com (NASDAQ:AMZN), with 70% of the spotted trades being bearish. The whales have been targeting a price range from $120.0 to $140.0 for Amazon.com over the last 3 months. The price of AMZN is currently down -1.86% at $123.64. Several experts have downgraded their actions on Amazon.com with price targets ranging from $160 to $180.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 2:01 pm