Streetbeat News

Analyst Ratings

TTD

William Blair analyst Ralph Schackart initiated coverage on The Trade Desk Inc (NASDAQ:TTD) with an Outperform rating, citing the company's technologically advanced platform and high margin profile. Schackart estimates revenue growth of about 23% to $1.94 billion in FY23 and $2.39 billion in FY24. However, he also noted concerns about a weak macroeconomic environment, stringent regulation, and the ability to maintain its roughly 20% take-rate.

Portfolio Pulse from Lekha Gupta

September 06, 2023 | 4:40 pm

UPS

A significant investor has taken a bearish stance on United Parcel Service (NYSE:UPS), with 72% of recent trades being bearish and 27% bullish. The majority of trades are puts, totaling $389,577, compared to $102,335 in calls. Whales have been targeting a price range of $160 to $190 for UPS over the last three months. The current price of UPS is down 0.99% at $162.35. Analysts from Oppenheimer, UBS, JP Morgan, Credit Suisse, and BMO Capital have maintained their ratings on UPS, with price targets ranging from $185 to $195.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:31 pm

OXY

Unusual options activity has been observed for Occidental Petroleum (NYSE:OXY), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 60% bullish and 40% bearish. The whales have been targeting a price range from $50.0 to $75.0 for Occidental Petroleum over the last 3 months. Analysts' ratings vary, with UBS and Mizuho maintaining their Neutral and Buy ratings respectively, while Roth MKM and Stephens & Co. have downgraded their ratings to Neutral and Overweight respectively.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:31 pm

EOSE

Eos Energy shares are trading lower following a downgrade from Seaport Global, which changed its rating from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:29 pm

ZS

Evercore ISI Group analyst Peter Levine maintains an 'Outperform' rating on Zscaler (NASDAQ:ZS) and raises the price target from $170 to $200.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:24 pm

GTLB

DA Davidson analyst Gil Luria maintains a Neutral rating on GitLab (NASDAQ:GTLB) and raises the price target from $45 to $50.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:23 pm

CASY

Wells Fargo analyst Anthony Bonadio maintains an Overweight rating on Casey's General Stores (NASDAQ:CASY) and raises the price target from $250 to $260.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:20 pm

JD

Loop Capital analyst Rob Sanderson maintains a 'Hold' rating on JD.com (NASDAQ:JD) and lowers the price target from $42 to $39.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:19 pm

TJX

Loop Capital analyst Laura Champine maintains a 'Buy' rating on TJX Companies and raises the price target from $100 to $105.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:17 pm

PANW

A significant amount of unusual options activity has been observed for Palo Alto Networks (NASDAQ:PANW), with a mix of bullish and bearish stances. Whales have been targeting a price range from $185.0 to $300.0 for the company over the last 3 months. The company's stock price is currently down by 0.31% at $244.3. Several financial institutions have maintained their positive ratings on Palo Alto Networks, with price targets ranging from $259 to $304.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:16 pm