Streetbeat News

Analyst Ratings

BRO

In the last quarter, Brown & Brown (NYSE:BRO) received 3 bullish, 1 somewhat bullish, and 3 indifferent analyst ratings. The average 12-month price target for the company, according to 7 analysts, is $79.14, up 9.92% from the previous average of $72.00.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 6:00 pm

PATK

Over the past 3 months, 7 analysts have published their opinion on Patrick Industries (NASDAQ:PATK) stock. The average price target is $90.86, implying an upside from the current price of $78.31. The average price target has increased by 10.04% over the past month.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 6:00 pm

AZO

A significant bearish stance has been taken on AutoZone (NYSE:AZO) as indicated by unusual options activity. The sentiment among these big-money traders is 80% bearish. The whales have been targeting a price range from $1840.0 to $2800.0 for AutoZone over the last 3 months. The price of AZO is currently down -1.24% at $2544.09. Evercore ISI Group has maintained their Outperform rating on AutoZone, with a price target of $2670.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 5:48 pm

WBD

A significant bullish stance has been taken on Warner Bros. Discovery (NASDAQ:WBD) with unusual options activity. The sentiment among these big-money traders is split between 77% bullish and 22% bearish. The whales have been targeting a price range from $7.5 to $17.5 for Warner Bros. Discovery over the last 3 months. However, Rosenblatt and Truist Securities have downgraded their actions with price targets of $10 and $17 respectively.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 5:48 pm

DDOG

A significant investor has taken a bullish stance on Datadog (NASDAQ:DDOG), with 60% of the investors opening trades with bullish expectations and 40% with bearish. The whales have been targeting a price range from $82.0 to $125.0 for Datadog over the last 3 months. The price of DDOG is currently down -3.67% at $93.93. TD Cowen, Citigroup, and Needham have given price targets of $120, $125, and $110 respectively.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 5:48 pm

AAPL

ABT

DXCM

PODD

TNDM

Apple Inc has appointed Tim Millet to oversee its team developing a noninvasive blood sugar monitor. The move signals a significant step in Apple's health technology endeavors. High-tech diabetes stocks DexCom Inc, Insulet Corporation, and Tandem Diabetes Care Inc are down YTD. Abbott Laboratories is also a player in the market. Apple aims to make the glucose monitor compact enough to fit within the Apple Watch.

Portfolio Pulse from Vandana Singh

September 15, 2023 | 5:46 pm

PLNT

TD Cowen analyst Max Rakhlenko has downgraded Planet Fitness (NYSE:PLNT) from Outperform to Market Perform and lowered the price target from $72 to $55.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 5:44 pm

AMZN

PDD

PYPL

Mizuho analyst Dan Dolev reiterated a Buy rating for PayPal Holdings Inc (PYPL) with a $92 price target. The analyst sees potential growth for PYPL's Branded Checkout button due to the surge in popularity of China's Temu, an online marketplace launched by PDD Holdings Inc (PDD) in the U.S. PYPL is among the payment options available on Temu. Web traffic to Temu has increased significantly, contributing to a higher share of incoming traffic to PYPL.

Portfolio Pulse from Anusuya Lahiri

September 15, 2023 | 5:42 pm

LNN

Stifel analyst Nathan Jones has downgraded Lindsay Corporation (NYSE:LNN) to Hold from Buy, lowering the price target to $135 from $146. This follows a survey of Lindsay's domestic irrigation dealers, which revealed a grim demand forecast for the fall season. Dealers reported a 1.9% drop in domestic volume and a 0.9% price increase over the past three months. They also do not anticipate any significant ramp in spending post-harvest due to market uncertainties. LNN shares are trading lower by 10.58% to $114.30.

Portfolio Pulse from Nabaparna Bhattacharya

September 15, 2023 | 5:33 pm

UPS

A significant investor has taken a bearish stance on United Parcel Service (NYSE:UPS), with 80% of recent trades being bearish. The targeted price range for UPS over the last 3 months is $125.0 to $210.0. The current price of UPS is down -0.52% at $159.9. Analysts from Citigroup, B of A Securities, Evercore ISI Group, and TD Cowen maintain their ratings on UPS, while Stephens & Co. downgraded its action to Equal-Weight.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 5:33 pm