Streetbeat News

Analyst Ratings

BRZE

Wells Fargo analyst Michael Linenberg maintains an Overweight rating on Braze (NASDAQ:BRZE) and raises the price target from $43 to $53.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:39 pm

SMAR

Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Smartsheet (NYSE:SMAR), but lowered the price target from $60 to $55.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:38 pm

PR

Stifel analyst Derrick Whitfield maintains a Buy rating on Permian Resources (NYSE:PR) and raises the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:36 pm

RCUS

B of A Securities analyst Jason Zemansky maintains a Neutral rating on Arcus Biosciences (NYSE:RCUS) and raises the price target from $21 to $23.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:34 pm

AAPL

AMD

QQQ

SPY

TSLA

The article discusses the latest U.S. nonfarm payrolls report, which showed an increase in the unemployment rate to 3.8% in August, higher than expected. Average hourly earnings also increased less than expected. Despite this, payrolls grew at a faster-than-expected pace. The number of job openings decreased in July, as did quits and layoffs. The article also discusses the performance of the SPDR S&P 500 (NASDAQ:SPY), predicting that the lows experienced on August 18 were the bottom. The article also mentions the performance of Invesco QQQ Trust (NASDAQ:QQQ) and several tech stocks including Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD), and Tesla (NASDAQ:TSLA).

Portfolio Pulse from John Chang

September 05, 2023 | 4:31 pm

ZBRA

TD Cowen analyst Joseph Giordano maintains an Outperform rating on Zebra Technologies (NASDAQ:ZBRA) and raises the price target from $270 to $290.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:30 pm

MCD

A significant bullish stance has been taken on McDonald's (NYSE:MCD) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 60% bullish and 40% bearish. The whales have been targeting a price range from $255.0 to $320.0 for McDonald's over the last 3 months. The current price of MCD is down -0.34% at $279.99.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 4:30 pm

SNOW

A significant amount of unusual options activity has been detected for Snowflake (NYSE:SNOW), with a majority of investors taking a bullish stance. The trades include 3 puts amounting to $95,445 and 7 calls amounting to $2,852,570. Whales have been targeting a price range from $160.0 to $250.0 for Snowflake over the last 3 months. The current price of SNOW is up 0.41% at $157.73. Analysts have mixed opinions, with price targets ranging from $144 to $220.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 4:30 pm

DOCS

Canaccord Genuity analyst Richard Close has maintained a 'Buy' rating on Doximity (NYSE:DOCS) but lowered the price target from $40 to $33.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:29 pm

XYL

Xylem Inc. announced the retirement of CEO Patrick Decker and a CFO transition. Following the news, Spruce Point Capital reiterated a bearish call on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:24 pm