Streetbeat News

Analyst Ratings

DIS

DKNG

MGM

PENN

DraftKings Inc (NASDAQ:DKNG) is expected to benefit from the start of the NCAA Football and NFL football seasons, according to Needham analyst Bernie McTernan. He notes that DraftKings starts the year in the top spot in the app store, similar to last year. McTernan also highlights the integration of the Yahoo fantasy sports app with BetMGM, a sports betting platform co-owned by MGM Resorts International (NYSE:MGM), and suggests that Penn Entertainment (NASDAQ:PENN) could follow a similar path with its new licensing agreement with ESPN, a unit of The Walt Disney Company (NYSE:DIS).

Portfolio Pulse from Chris Katje

September 11, 2023 | 3:38 pm

EOG

Unusual options activity has been observed for EOG Resources (NYSE:EOG), with a large position indicating a bullish stance. The sentiment among these big-money traders is 70% bullish and 30% bearish. The targeted price range for EOG Resources over the last 3 months is from $104.2 to $146.0. Major financial institutions including Morgan Stanley, UBS, Wells Fargo, Mizuho, and Jefferies have maintained their positive ratings on EOG Resources.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 3:30 pm

SNOW

A significant amount of unusual options activity has been observed for Snowflake (NYSE:SNOW), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is $130.0 to $210.0. The current price of SNOW is up 3.44% at $171.66. Analysts from Mizuho, Wells Fargo, and Barclays maintain a positive rating on Snowflake, while Needham and DA Davidson have downgraded their actions to Buy.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 3:30 pm

ACN

Barclays analyst Ramsey El-Assal has maintained an Overweight rating on Accenture (NYSE:ACN) and raised the price target from $340 to $390.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 3:25 pm

WPM

Berenberg analyst Richard Hatch maintains a 'Buy' rating on Wheaton Precious Metals (NYSE:WPM) and raises the price target from $57 to $61.5.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 3:25 pm

PTON

Deutsche Bank analyst Chris Woronka has maintained a 'Buy' rating on Peloton Interactive (NASDAQ:PTON) but lowered the price target from $20 to $13.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 3:23 pm

AFRM

Barclays analyst Ramsey El-Assal has maintained an Overweight rating on Affirm Holdings (NASDAQ:AFRM) and raised the price target from $21 to $25.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 3:22 pm

RENT

Barclays analyst Ross Sandler has maintained an Overweight rating on Rent the Runway (NASDAQ:RENT) but lowered the price target from $4 to $3.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 3:21 pm

STEP

Barclays analyst Jeremy Campbell maintains an Equal-Weight rating on StepStone Group (NASDAQ:STEP) and raises the price target from $30 to $32.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 3:20 pm

ORCL

Citigroup analyst Tyler Radke has maintained a Neutral rating on Oracle (NYSE:ORCL) and raised the price target from $121 to $138.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 3:17 pm