Streetbeat News

Analyst Ratings

GPK

Over the past 3 months, 7 analysts have published their opinion on Graphic Packaging Holding (NYSE:GPK) stock. The company has an average price target of $29.0, a decrease of 7.44% from the previous average price target of $31.33. The ratings include 4 bullish, 1 somewhat bullish, and 2 indifferent.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 4:00 pm

MU

Micron has increased NAND flash wafer contract prices by approximately 10% since September, following Samsung's price increase. This is expected to improve Micron's earnings in 2H23. Micron is also expected to benefit from three trends in 4Q23/1Q24, including Intel's new Meteor Lake platform, strong demand for AI servers, and brands and processor suppliers promoting LLM on devices.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 3:57 pm

BLK

BTCUSD

ETHUSD

GBTC

SHIBUSD

Crypto expert DonAlt has expressed concerns over the current state of the cryptocurrency market, highlighting its apparent lack of strength. Cryptocurrencies including Bitcoin, Ether, Shiba Inu, and Toncoin are trading flat with losses, while Dogecoin is trading up. DonAlt mentioned the anticipated delay of the ETFs, stating that everyone saw it coming. The SEC last week postponed its decision on spot Bitcoin ETF applications from leading firms, including BlackRock, WisdomTree, and VanEck.

Portfolio Pulse from Murtuza Merchant

September 05, 2023 | 3:55 pm

MU

SMIC

Analyst Ming-Chi Kuo reports that demand for Huawei's Mate 60 Pro has been strong since its launch, with shipment plans increasing by about 20% to 5.5–6 million units. Cumulative shipments of Mate 60 Pro are expected to reach at least 12 million units 12 months after launch. Huawei's smartphone shipments are projected to increase by approximately 65% YoY to 38 million units in 2023, and reach at least 60 million units in 2024. The strong demand for Mate 60 Pro has brought focus to Huawei's supply chain in the stock markets, including companies like SMIC, Vanchip, SG Micro, Southchip Semiconductor, Maxic, JCET, Win Semi, GlobalFoundries, Murata, HWA Create, Largan Optical, Sunny Optical, Will Semi, Smartsens, and Billu.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 3:50 pm

CBZ

Sidoti & Co. analyst Marc Riddick has downgraded CBIZ (NYSE:CBZ) from Buy to Neutral and announced a price target of $58.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 3:47 pm

PYPL

A significant number of investors have taken a bearish stance on PayPal Holdings (NASDAQ:PYPL), with 77% of recent unusual options trades being bearish. Whales have been targeting a price range from $30.0 to $82.5 for PayPal over the last 3 months. The price of PYPL is currently up 0.07% at $63.62. JP Morgan and Barclays have maintained their Overweight rating on PayPal, with price targets of $100 and $88 respectively.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 3:46 pm

C

A significant bearish stance has been taken on Citigroup (NYSE:C) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 47% bullish and 52% bearish. The whales have been targeting a price range from $35.0 to $50.0 for Citigroup over the last 3 months. Wells Fargo and Oppenheimer have maintained their Overweight and Outperform ratings on Citigroup, respectively.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 3:46 pm

MDB

Canaccord Genuity analyst David Hynes maintains a 'Buy' rating on MongoDB (NASDAQ:MDB) and raises the price target from $410 to $450.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 3:29 pm

CP

Morgan Stanley analyst Ravi Shanker has reinstated an Overweight rating on Canadian Pacific Kansas (NYSE:CP) and announced a price target of C$100.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 3:27 pm

AI

NVDA

QQQ

C3.ai Inc (NYSE:AI) is set to release its Q4 earnings after the closing bell on Wednesday. The company is expected to post an earnings loss of 17 cents per share, a 41.67% decline YoY, and revenues of $71.59 million, a 9.6% increase YoY. The AI stock has seen a 300% increase in the first half of the year. Analysts from Northland Capital Markets and JMP Securities have initiated and maintained a $40 price target respectively.

Portfolio Pulse from AJ Fabino

September 05, 2023 | 3:24 pm