Streetbeat News

Analyst Ratings

AIP

Analysts have provided bullish ratings for Arteris (NASDAQ:AIP) in the last quarter, with 3 bullish and 1 somewhat bullish ratings. The company has an average price target of $19.25, which has increased by 20.31% over the past month.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 9:00 pm

LUV

In the last quarter, Southwest Airlines (NYSE:LUV) received various analyst ratings, with the majority being indifferent. The average 12-month price target for the airline is $38.42, a decrease of 10.9% from the previous average of $43.12. Analyst ratings are determined through various methods, including company conference calls, financial statements, and insider conversations.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 9:00 pm

EIX

Over the past 3 months, 6 analysts have published their opinion on Edison Intl (NYSE:EIX) stock. The average price target is $64.33, implying a downside from the current price of $67.73. This represents a 0.42% decrease from the previous average price target of $64.60.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 9:00 pm

FSLR

Analysts have provided various ratings for First Solar (NASDAQ:FSLR) within the last quarter, with 3 bullish, 2 somewhat bullish, 7 indifferent, and 1 somewhat bearish. The company has an average price target of $233.92, an increase of 7.35% from the previous average price target of $217.91.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 9:00 pm

BA

A 'whale' investor has taken a bullish stance on Boeing (NYSE:BA), with 53% of investors opening trades with bullish expectations and 46% with bearish. The whale activity indicates a target price range from $150.0 to $250.0 for Boeing over the last 3 months. The current price of BA is down -2.08% at $217.95. TD Cowen maintains their Outperform rating on Boeing, with a price target of $260.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 8:46 pm

QCOM

A significant bearish stance has been taken on Qualcomm (NASDAQ:QCOM) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 75% bearish and 25% bullish. The whales have been targeting a price range from $100.0 to $120.0 for Qualcomm over the last 3 months. Currently, the price of QCOM is down -1.6% at $114.68. Mizuho and Daiwa Capital have downgraded their actions to Buy and Outperform with price targets of $140 and $125 respectively.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 8:46 pm

SGEN

A whale investor has taken a bullish stance on Seagen (NASDAQ:SGEN), with 53% of investors opening trades with bullish expectations and 46% with bearish. The whale has been targeting a price range from $170.0 to $210.0 for Seagen over the last 3 months. The current price of SGEN is down -0.52% at $206.1. RSI indicators suggest that the stock may be overbought.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 8:46 pm

WBD

Warner Bros. Discovery Inc. (NASDAQ:WBD) shares are trading lower after Rosenblatt Securities maintained a Sell rating on the stock and kept the $10 price target. The company has lowered its 2023 AEBITDA guidance due to the impact of ongoing strikes. However, it raised its 2023 FCF guidance due to strong performance of Barbie and strike-related factors. Risks include the potential loss of NBA media rights in 2025.

Portfolio Pulse from Ryan Gustafson

September 06, 2023 | 8:45 pm

TGT

Target's (NYSE:TGT) short percent of float has risen 7.43% since its last report, with 9.98 million shares sold short, which is 2.17% of all regular shares available for trading. It would take traders 2.34 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Target's peer group average for short interest as a percentage of float is 3.06%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 8:30 pm

PCG

PG&E's (NYSE:PCG) short percent of float has risen 13.91% since its last report, with 35.68 million shares sold short, which is 1.72% of all regular shares available for trading. It would take traders 2.27 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. PG&E's peer group average for short interest as a percentage of float is 2.08%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 8:30 pm