Streetbeat News

Analyst Ratings

APP

BTIG has maintained its Buy rating for AppLovin (NASDAQ:APP) and increased its price target from $40.00 to $46.00. AppLovin's shares are currently trading up 1.44% over the last 24 hours, at $38.75 per share. A move to $46.00 would account for a 18.71% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:00 pm

PACB

Pacific Biosciences (NASDAQ:PACB) has received mixed ratings from analysts in the last quarter, with one bullish rating and four indifferent ratings. The average 12-month price target for the company has increased by 13.6% from the previous average of $12.50 to $14.2, according to five analysts.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:00 pm

MAA

Mizuho has maintained its Neutral rating for Mid-America Apartment (NYSE:MAA) but lowered its price target from $159.00 to $133.00. MAA's shares are currently trading down 0.6% at $129.70 per share. A move to $133.00 would represent a 2.54% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:00 pm

IONS

Ionis Pharmaceuticals Inc has released topline results for the Phase 3 Balance study of olezarsen in people with familial chylomicronemia syndrome (FCS). The trial met its primary efficacy endpoint with a significant reduction in triglyceride levels. The drug also showed a 100% reduction in acute pancreatitis events compared to placebo. Ionis plans to file a New Drug Application in early 2024 with the FDA. Following the news, IONS shares are up 7.83%.

Portfolio Pulse from Vandana Singh

September 26, 2023 | 4:57 pm

LI

A significant bullish stance has been taken on Li Auto (NASDAQ:LI) as evidenced by unusual options activity. The overall sentiment of these big-money traders is 80% bullish and 20% bearish. The whales have been targeting a price range from $30.0 to $50.0 for Li Auto over the last 3 months. The price of LI is currently down -0.37% at $35.23.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:45 pm

NFLX

A significant bearish stance has been taken on Netflix (NASDAQ:NFLX) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 46% bullish and 53% bearish. The whales have been targeting a price range from $300.0 to $665.0 for Netflix over the last 3 months. Analysts' ratings on Netflix vary, with Truist Securities and Evercore ISI Group maintaining their ratings, while Benchmark downgraded its action to Sell.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:45 pm

OMGA

Omega Therapeutics Inc (NASDAQ:OMGA) announced preliminary data from its Phase 1/2 MYCHELANGELO I study of OTX-2002 in liver cancer and other solid tumors. The data showed encouraging anti-tumor activity, with on-target engagement and intended epigenetic changes observed in all patients. OTX-2002 was generally well tolerated, with no dose-limiting toxicities. Despite the positive news, OMGA shares are down 14.70% at $2.56.

Portfolio Pulse from Vandana Singh

September 26, 2023 | 4:41 pm

C

A large investor has taken a bullish stance on Citigroup (NYSE:C), as evidenced by a significant position in the company's options. The overall sentiment of these big-money traders is split between 61% bullish and 38% bearish. The whales have been targeting a price range from $33.0 to $55.0 for Citigroup over the last 3 months. RBC Capital, Piper Sandler, and Oppenheimer maintain their positive ratings on Citigroup, while HSBC downgraded its action to Hold.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:31 pm

CRM

A whale investor has taken a bullish stance on Salesforce (NYSE:CRM), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $160.0 to $320.0 for Salesforce over the last 3 months. The price of CRM is currently down -1.39% at $203.48. Several experts have downgraded their actions on Salesforce but maintained their buy ratings with price targets ranging from $240 to $275.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:31 pm

PDD

A significant bullish stance has been taken on PDD Holdings (NASDAQ:PDD) by an unknown entity, possibly an institution or a wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 54% bullish and 45% bearish. Whales have been targeting a price range from $80.0 to $105.0 for PDD Holdings over the last 3 months. Several financial institutions have maintained their positive ratings on PDD Holdings with price targets ranging from $112 to $129.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:31 pm