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Analyst Ratings

NVO

WW

Shares of WW International Inc (NASDAQ:WW) surged by up to 15% after Blue Cross Blue Shield of Michigan and Blue Care Network announced changes to the prior authorization coverage criteria for certain weight loss medications, including Wegovy, a drug by Novo Nordisk A/S (NYSE:NVO). The revised policy requires members to demonstrate engagement in lifestyle modifications for at least six months before gaining approval for weight loss medication. The changes are designed to promote healthy lifestyle modifications alongside pharmaceutical interventions.

Portfolio Pulse from AJ Fabino

September 22, 2023 | 8:25 pm

SCHW

A significant bearish stance has been taken on Charles Schwab (NYSE:SCHW) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 47% bullish and 52% bearish. The price of SCHW is down -1.54% at $55.15. JMP Securities downgraded its action to Market Outperform with a price target of $77, Barclays maintained their Equal-Weight rating with a price target of $64, and Raymond James maintained their Outperform rating with a price target of $72.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 8:15 pm

FCX

A significant bearish stance has been taken on Freeport-McMoRan (NYSE:FCX) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $30.0 to $45.0 for Freeport-McMoRan over the last 3 months. Morgan Stanley has maintained their Equal-Weight rating on Freeport-McMoRan, with a price target of $44.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 8:15 pm

INTC

23 analysts have provided ratings for Intel (NASDAQ:INTC) in the last quarter, with an average price target of $33.41, implying a downside from the current price of $34.305. The current average represents a 1.24% decrease from the previous average price target of $33.83.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 8:00 pm

XPEV

Over the past 3 months, 12 analysts have published their opinion on XPeng (NYSE:XPEV) stock. The average price target is $17.86, implying an upside from the current price of $16.51. The current average has increased by 46.87% from the previous average price target of $12.16.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 8:00 pm

WBA

In the last quarter, Walgreens Boots Alliance (NASDAQ:WBA) received 14 analyst ratings, with 12 being indifferent, one somewhat bullish, and one somewhat bearish. The average 12-month price target for the company is $32.64, representing a 16.73% decrease from the previous average price target of $39.20.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 8:00 pm

PINS

23 analysts have provided ratings for Pinterest (NYSE:PINS) in the last quarter, with an average price target of $32.83, implying an upside from the current price of $26.82. The average price target has increased by 13.64% from the previous average of $28.89.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 8:00 pm

MU

Analysts from Mizuho and Piper Sandler have provided their insights on Micron Technology Inc (NASDAQ:MU) ahead of its Q4 earnings report. Mizuho analyst Vijay Rakesh maintained a Buy rating and raised the price target from $72 to $82, expecting Q4 revenue, gross margin, and EPS in line with consensus. He also estimates improvements in Mobile and DC inventory normalization for MU's November quarter. Piper Sandler analyst Harsh V. Kumar reiterated a Neutral rating and a price target of $70, expecting pricing to start working in favor of Micron starting next year due to supply cuts initiated by Samsung and in the broader industry.

Portfolio Pulse from Anusuya Lahiri

September 22, 2023 | 7:50 pm

CDE

RBC Capital Markets analyst Michael Siperco has upgraded Coeur Mining, Inc (NYSE:CDE) from Sector Perform to Outperform, maintaining a price target of $4. The upgrade is based on the near completion of the expansion at Nevada's Rochester mine, which is expected to significantly increase production by 2025. The analyst also highlighted the diminishing risk of further capex inflation and the stock's relative value compared to its peers.

Portfolio Pulse from Nabaparna Bhattacharya

September 22, 2023 | 7:47 pm

BA

A significant bullish stance has been taken on Boeing (NYSE:BA) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The whales have been targeting a price range from $125.0 to $220.0 for Boeing over the last 3 months. Analysts from Susquehanna, TD Cowen, and Citigroup have given positive ratings with price targets of $270, $260, and $285 respectively.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 7:45 pm