Streetbeat News

Analyst Ratings

AZO

AutoZone (NYSE:AZO) has seen unusual options activity, with 80% of investors taking a bearish stance. The majority of trades are puts, totaling $234,340, with calls totaling $102,040. Whales have been targeting a price range from $2300.0 to $2750.0 for AutoZone over the last 3 months. The current price of AZO is up 0.19% at $2575.09. Analysts from JP Morgan, Barclays, Evercore ISI Group, DA Davidson, and Argus Research have maintained their ratings on AutoZone, with price targets ranging from $2500 to $2975.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 7:32 pm

AMRK

B. Riley Securities analyst Lucas N. Pipes has lowered the price target on A-Mark Precious Metals Inc (AMRK) to $45 from $54 while maintaining a Buy rating. The analyst reduced estimates for Q1 FY24 EPS to $0.97 from $1.38 per share and adjusted EBITDA to $32.3 million from $45.3 million. Despite the margin compression, the company sees the low-margin environment as an opportunity to attract new customers and boost volumes. AMRK shares are trading lower by 2.7% at $29.80.

Portfolio Pulse from Lekha Gupta

September 25, 2023 | 7:22 pm

HELE

Oppenheimer analyst Rupesh Parikh has a Perform rating on Helen Of Troy Limited (NASDAQ:HELE) and models a Q2 EPS of $1.59, implying a ~30% decline. However, he believes that FY23 guide, Project Pegasus cost savings, and potential tailwinds from debt paydowns should drive EPS back to $10.00. The company is expected to report its Q2 earnings on October 4.

Portfolio Pulse from Shivani Kumaresan

September 25, 2023 | 7:20 pm

UPST

Needham analyst Kyle Peterson initiated coverage on Upstart Holdings Inc (NASDAQ:UPST) with a Hold rating. Despite near-term funding challenges and a projected revenue decline of ~37% in FY23, Peterson sees significant long-term growth potential for UPST. He expects the company to add new bank/credit union partners and expand committed capital partnerships to drive growth in FY24 and beyond.

Portfolio Pulse from Lekha Gupta

September 25, 2023 | 7:19 pm

ABT

A significant investor has taken a bearish stance on Abbott Laboratories (NYSE:ABT), with 72% of recent trades indicating bearish expectations. The trades include 2 puts totaling $84,308 and 9 calls totaling $361,094. The targeted price range for Abbott Laboratories over the last 3 months is from $90.0 to $105.0. The current price of ABT is down -0.91% at $97.26, and RSI indicators suggest the stock may be oversold. The next earnings are expected in 23 days.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 7:16 pm

ETN

Eaton Corp (NYSE:ETN) has received mixed analyst ratings in the last quarter, with 3 bullish, 3 somewhat bullish, 4 indifferent, and 2 somewhat bearish. The average 12-month price target for the company is $216.33, which has increased by 13.81% over the past month.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 7:01 pm

NAPA

Over the past 3 months, 4 analysts have published their opinion on Duckhorn Portfolio (NYSE:NAPA) stock. The analysts have an average price target of $16.75 versus the current price of Duckhorn Portfolio at $11.985, implying upside. This current average represents a 16.25% decrease from the previous average price target of $20.00.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 7:01 pm

WW

WW International (NASDAQ:WW) has received a mix of bullish and indifferent analyst ratings in the last quarter. In the last 3 months, 7 analysts have offered 12-month price targets for WW International, with an average price target of $11.36. This average price target has increased by 17.84% over the past month.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 7:01 pm

ESNT

Essent Group (NYSE:ESNT) has received various analyst ratings in the last quarter, with an average price target of $57.4, indicating an upside from the current price of $48.785. The average price target has increased by 11.46% from the previous average of $51.50.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 7:01 pm

CFLT

Over the past 3 months, 6 analysts have published their opinion on Confluent (NASDAQ:CFLT) stock. The company has an average price target of $40.5, up 35.0% from the previous average price target of $30.00. The ratings include 3 bullish, 1 somewhat bullish, and 2 indifferent.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 7:01 pm