Streetbeat News

Analyst Ratings

NAPA

BMO Capital analyst Andrew Strelzik initiated coverage on The Duckhorn Portfolio, Inc. (NYSE:NAPA) with a Market Perform rating and a $14 price target. Despite the company's potential for long-term growth, Strelzik expects medium-term limitations due to consumer spending concerns and potential margin headwinds. The analyst expects NAPA's valuation to remain limited by macro uncertainty, but sees potential for multiple expansion over time. For FY23 and FY24, the analyst expects revenues of $402 million and $432 million, respectively.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2023 | 6:42 pm

CRM

A significant bearish stance has been taken on Salesforce (NYSE:CRM) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 47% bullish and 52% bearish. Whales have been targeting a price range from $180.0 to $300.0 for Salesforce over the last 3 months. The price of CRM is currently down -1.07% at $219.16. Several financial institutions have maintained their positive ratings on Salesforce, with price targets ranging from $220 to $280.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:16 pm

BAC

A significant amount of unusual options activity has been observed for Bank of America (NYSE:BAC), indicating a bullish stance by a large investor or institution. The sentiment among these big-money traders is split between 65% bullish and 35% bearish. The whales have been targeting a price range from $17.0 to $40.0 for Bank of America over the last 3 months. Wells Fargo and Oppenheimer have maintained their Overweight and Outperform ratings on Bank of America, with price targets of $40 and $49 respectively.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:16 pm

CHTR

CMCSA

Charter Communications (CHTR) and Disney are in a programming dispute and carriage blackout, with the outcome potentially setting a template for other MVPDs and programmers. The dispute involves Disney's streaming-centric DTC approach versus linear with decades-long subsidization of ESPN by subscribers who do not watch sports. An agreement could involve Disney bundling AVOD offerings with linear networks with Spectrum marketing for SVOD products. CHTR shares traded lower by 1.98% at $413.96 on the last check Tuesday.

Portfolio Pulse from Anusuya Lahiri

September 05, 2023 | 6:04 pm

IREN

In the last quarter, Iris Energy (NASDAQ:IREN) received 2 bullish and 3 somewhat bullish ratings from analysts. The company's average 12-month price target has increased by 12.5% from $8.00 to $9.00.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:01 pm

CTO

Over the past 3 months, 4 analysts have published their opinion on CTO Realty Growth (NYSE:CTO) stock. The analysts have offered 12-month price targets for CTO Realty Growth with an average price target of $21.5. The current average has not changed from the previous average price target.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:00 pm

UNH

A significant bullish stance has been taken on UnitedHealth Group (NYSE:UNH) as indicated by unusual options activity. The sentiment among these big-money traders is split between 52% bullish and 47% bearish. The whales have been targeting a price range from $230.0 to $670.0 for UnitedHealth Group over the last 3 months. The price of UNH is up 1.66% at $484.15. Stephens & Co. downgraded its action to Overweight with a price target of $560.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:00 pm

RSI

Rush Street Interactive (NYSE:RSI) has received 4 analyst ratings in the last quarter, with 1 being bullish and 3 somewhat bullish. The company has an average 12-month price target of $6.25, which has increased by 31.58% over the past month.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:00 pm

GMED

Globus Medical (NYSE:GMED) has received one somewhat bullish and four indifferent analyst ratings in the last quarter. The average price target is $67.6, indicating an upside from the current price of $54.085. The average price target has increased by 0.9% over the past month.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:00 pm

UBER

32 analysts have given Uber Technologies (NYSE:UBER) an average price target of $58.16, implying an upside from its current price of $46.725. The current average has increased by 9.32% from the previous average price target of $53.20. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:00 pm