Streetbeat News

Analyst Ratings

AMD

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Advanced Micro Devices (AMD) and maintained a price target of $200.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 3:24 pm

LSCC

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Lattice Semiconductor (NASDAQ:LSCC) and maintained a price target of $110.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 3:21 pm

AVGO

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Broadcom (NASDAQ:AVGO) and maintained a price target of $1000.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 3:19 pm

TXN

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Texas Instruments (NASDAQ:TXN) and maintained a price target of $230.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 3:17 pm

MPWR

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Monolithic Power Systems (NASDAQ:MPWR) and maintained a price target of $580.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 3:15 pm

CHWY

Chewy Inc's shares are trading lower by 4.5% after Oppenheimer analyst Rupesh Parikh downgraded the shares from Outperform to Perform. The company's shares have also been affected by a downward momentum following a mixed shelf offering. Over the past month, Chewy's shares have fallen by 32% due to continued weakness after the company reported its Q2 results. The company intends to use the net proceeds from the sale of securities for general corporate purposes.

Portfolio Pulse from Henry Khederian

September 20, 2023 | 3:14 pm

SPY

Erin Browne, portfolio manager for multi-asset strategies at PIMCO, warns that the surge in fuel prices could potentially trigger a recession and drive the S&P 500 Index down by approximately 15%. Browne suggests that the rise in oil prices could lead to increased prices for durable goods, negatively impacting the economy and making it difficult for the Federal Reserve to meet market expectations of three rate cuts next year. She also anticipates potential signals of stronger demand for goods in 2024, particularly in consumer-oriented sectors and semiconductor companies.

Portfolio Pulse from Piero Cingari

September 20, 2023 | 3:14 pm

MCHP

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Microchip Technology (NASDAQ:MCHP) and maintained a price target of $110.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 3:14 pm

CHWY

Chewy's stock has been downgraded from Outperform to Perform by Oppenheimer, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 3:13 pm

VZ

Verizon Communications (NYSE:VZ) has seen unusual options activity, with a large bearish position being taken. The overall sentiment of these big-money traders is split between 38% bullish and 61% bearish. The whales have been targeting a price range from $33.0 to $50.0 for Verizon Communications over the last 3 months. Citigroup upgraded its action to Buy with a price target of $40 while Oppenheimer downgraded its action to Outperform with a price target of $43.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 3:02 pm