Streetbeat News

Analyst Ratings

SLB

A whale investor has taken a bearish stance on Schlumberger Limited (NYSE:SLB), with 78% of the investors opening trades with bearish expectations. The whale has been targeting a price range from $50.0 to $80.0 for SLB over the last 3 months. The price of SLB is up 1.49% at $60.77. UBS has maintained their Buy rating on SLB, with a price target of $73.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 7:00 pm

CLSK

Analysts have provided bullish ratings for Cleanspark (NASDAQ:CLSK) within the last quarter. According to 5 analysts offering 12-month price targets in the last 3 months, Cleanspark has an average price target of $11.0, an increase of 17.9% from the previous average price target of $9.33.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 7:00 pm

DOCS

Doximity (NYSE:DOCS) has received mixed analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, 3 indifferent, and 1 somewhat bearish. The average 12-month price target for Doximity is $28.83, representing a 19.92% decrease from the previous average price target of $36.00.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 7:00 pm

MIGI

Over the past 3 months, 4 analysts have published their opinion on Mawson Infra Gr (NASDAQ:MIGI) stock. The analysts have an average price target of $1.5 for MIGI, which is higher than its current price of $0.7179. However, this average represents a 87.5% decrease from the previous average price target of $12.00.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 7:00 pm

SPRO

In the last quarter, Spero Therapeutics (NASDAQ:SPRO) received four bullish ratings from analysts. The average price target for the stock is $6.5, which is significantly higher than its current price of $1.405. This average price target has increased by 8.33% from the previous average of $6.00.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 7:00 pm

PAYX

RBC Capital Markets analyst Ashish Sabadra initiated coverage on Paychex Inc (NASDAQ:PAYX) with a Sector Perform rating and a price target of $130. Sabadra is bullish on the company's strong fundamentals but sees potential headwinds such as pays-per-control slowdown, insurance agency weakness, moderating client retention, and competition from SaaS vendors.

Portfolio Pulse from Lekha Gupta

September 05, 2023 | 6:54 pm

BUD

Anheuser-Busch InBev's (NYSE:BUD) short percent of float has fallen 3.57% since its last report, with 4.51 million shares sold short, which is 0.27% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. The company's short interest is less than its peer group average of 5.98%.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:45 pm

WM

Waste Management's (NYSE:WM) short percent of float has fallen 5.15% since its last report, indicating a more bullish sentiment towards the stock. The company has 3.74 million shares sold short, which is 0.92% of all regular shares available for trading. Compared to its peers, Waste Management has less short interest, with the peer group average at 2.72%.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:45 pm

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