Streetbeat News

Analyst Ratings

WSO

Morgan Stanley has maintained an Underweight rating on Watsco's stock but increased its price target from $326 to $337. This has led to a rise in Watsco's share price.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 4:07 pm

MSFT

Citigroup analyst Tyler Radke has reiterated a 'Buy' rating on Microsoft (NASDAQ:MSFT) and maintained a price target of $420.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 4:04 pm

AAPL

Analyst Ming-Chi Kuo predicts that Apple's 4Q23 iPhone revenue and profit will surpass expectations and achieve year-on-year growth. This is based on early iPhone 15 sales results, a better product mix, and shipment growth. Kuo maintains his estimate of iPhone 15 shipments in 2H23 at 80 million units. The iPhone 15 Pro Max is expected to be the primary growth driver, with orders revised upward to 35 million units. The iPhone 15 Plus may also see increased orders due to better-than-feared sales results. However, the iPhone 15 and 15 Pro may face order cuts if Apple doesn't reduce their prices.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 4:04 pm

IDA

Mizuho analyst Anthony Crowdell has maintained a Neutral rating on Idacorp (NYSE:IDA) and lowered the price target from $105 to $97.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 4:03 pm

DRI

Darden Restaurants, Inc. (NYSE:DRI) reported an earnings beat for its fiscal first-quarter, driven by better-than-expected same-store sales growth and margin upside. Analysts from Wedbush, Truist Securities, Morgan Stanley, Stifel, and KeyBanc Capital Markets maintained positive ratings on DRI, with price targets ranging from $77 to $190. Despite underwhelming fine dining sales, analysts believe DRI is well-positioned to outperform the industry due to its operational sophistication, latent pricing power, and scale advantages.

Portfolio Pulse from Priya Nigam

September 22, 2023 | 4:03 pm

MSFT

JP Morgan analyst Mark Murphy has reiterated an 'Overweight' rating on Microsoft (NASDAQ:MSFT) and maintained a price target of $385.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 4:02 pm

SEEL

In the last quarter, Seelos Therapeutics (NASDAQ:SEEL) received three somewhat bullish ratings from analysts, with no bearish or indifferent ratings. The company's average 12-month price target is $1.67, a decrease of 58.25% from the previous average of $4.00.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 4:00 pm

WPC

Over the past 3 months, 4 analysts have published their opinion on W.P. Carey (NYSE:WPC) stock. The average price target is $70.25, implying an upside from the current price of $57.3443. This represents a 9.35% decrease from the previous average price target of $77.50.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 4:00 pm

ADBE

A significant bearish stance has been taken on Adobe (NASDAQ:ADBE) by a large investor or institution, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 34% bullish and 65% bearish. The whales have been targeting a price range from $330.0 to $610.0 for Adobe over the last 3 months. Several financial institutions have maintained their ratings on Adobe, with price targets ranging from $570 to $650.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 4:00 pm

ICE

In the last quarter, Intercontinental Exchange (NYSE:ICE) received 9 bullish, 1 somewhat bullish, and 7 indifferent ratings from analysts. The company has an average 12-month price target of $132.82, with a high of $168.00 and a low of $117.00. The average price target has increased by 5.14% over the past month.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 4:00 pm