Streetbeat News

Analyst Ratings

AVGO

A significant number of investors have taken a bearish stance on Broadcom (NASDAQ:AVGO), with 58% of detected trades being bearish. The targeted price range for Broadcom over the last 3 months is from $570.0 to $1220.0. The current price of AVGO is down -1.63% at $820.3. Analysts from Oppenheimer, Baird, and Truist Securities maintain an Outperform or Buy rating on Broadcom, with price targets ranging from $990 to $1000. Benchmark downgraded its action to Buy with a price target of $950, while Wells Fargo maintains an Equal-Weight rating with a price target of $900.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 3:31 pm

XOM

Benzinga's options scanner detected over 11 options trades for Exxon Mobil (NYSE:XOM) totaling $862,646. Whales have been targeting a price range from $100.0 to $140.0 for Exxon Mobil over the last 3 months. The mean open interest for Exxon Mobil options trades today is 9403.0 with a total volume of 3,780.00. The price of XOM is down -0.36% at $115.81. Wells Fargo, Morgan Stanley, and Mizuho maintain their Overweight rating on Exxon Mobil with price targets of $130, $131, and $139 respectively. Redburn Partners upgraded its action to Neutral with a price target of $105.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 3:31 pm

AMZN

GOOGL

MSFT

NVDA

Amazon has announced a strategic investment of up to $4 billion in AI startup Anthropic. As part of the deal, Anthropic will use AWS as its primary cloud partner. Analysts have maintained positive ratings for Amazon, highlighting the potential for AI to boost sales and reduce expenses. Anthropic's AI assistant Claude is a rival of ChatGPT, which attracted a $10 billion investment from Microsoft. Anthropic also has a partnership and investment from Google.

Portfolio Pulse from Priya Nigam

September 26, 2023 | 3:14 pm

COST

Costco Wholesale Corporation (NASDAQ:COST) is expected to report Q4 earnings of $4.79 per share, up from $4.20 per year ago. Revenue is projected at $77.90 billion, compared to $72.09 billion in the year-ago period. Several analysts have maintained a Buy or Outperform rating on the stock, with price targets ranging from $550 to $640.

Portfolio Pulse from Lisa Levin

September 26, 2023 | 3:13 pm

WPC

W.P. Carey's stock has been downgraded from Outperform to Market Perform by BMO Capital, leading to a decrease in the company's share price.

Portfolio Pulse from Bill Haddad

September 26, 2023 | 3:12 pm

QGEN

Citigroup analyst Patrick Donnelly has reiterated a 'Buy' rating on Qiagen (NYSE:QGEN) and maintained a price target of $60.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 3:09 pm

WPC

B of A Securities analyst Joshua Dennerlein maintains an 'Underperform' rating on W.P. Carey (NYSE:WPC) and has lowered the price target from $67 to $54.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 3:06 pm

AAPL

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, NVDA, and TSLA. The memo provides price levels for these assets based on a proprietary formula that considers price, volume, and options flow. The memo suggests traders to monitor these stocks closely and be prepared to leverage potential breakouts or reversals.

Portfolio Pulse from RIPS

September 26, 2023 | 3:05 pm

CLF

Citigroup analyst Alexander Hacking has upgraded Cleveland-Cliffs (NYSE:CLF) from Neutral to Buy, while maintaining the price target at $22.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 3:03 pm

CLVT

Citigroup analyst Peter Christiansen has maintained a Neutral rating on Clarivate (NYSE:CLVT) and lowered the price target from $10 to $8.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 3:02 pm