Streetbeat News

Analyst Ratings

AMZN

A large bearish position on Amazon.com (NASDAQ:AMZN) has been noticed on publicly available options history. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. Whales have been targeting a price range from $60.0 to $185.0 for Amazon.com over the last 3 months. Several experts have downgraded their actions on Amazon with price targets ranging from $140 to $155.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 8:46 pm

PXD

A significant investor has taken a bullish stance on Pioneer Natural Resources (NYSE:PXD), with 72% of recent trades showing bullish expectations. The majority of trades are puts, totaling $329,907, with calls totaling $110,000. Whales have been targeting a price range from $175.0 to $240.0 for PXD over the last 3 months. The current price of PXD is $207.0, down 0.92%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 8:46 pm

ARKK

TER

Cathie Wood, CEO of Ark, has identified Teradyne as Ark's best new investment idea.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:42 pm

FDL

FYBR

IYZ

T

TDS

VLUE

VZ

XTL

Shares of AT&T, Verizon, Telephone and Data Systems, and Frontier Communication dropped 7% to 15% following a Wall Street Journal investigation revealing neglect of a network of harmful lead-coated cables. Citigroup analyst Michael Rollins believes this issue will impact stocks and their valuation for a few months or longer. Citigroup has downgraded its ratings on AT&T, Telephone and Data Systems, and Frontier Communication to Neutral/High Risk and reduced their price targets.

Portfolio Pulse from Piero Cingari

July 17, 2023 | 8:30 pm

ROST

Ross Stores's (NYSE:ROST) short percent of float has risen 18.09% since its last report, with 3.20 million shares sold short, which is 1.11% of all regular shares available for trading. This does not necessarily mean the stock will fall, but indicates more shares are being shorted. Compared to its peers, Ross Stores has less short interest as a percentage of float, with an average of 15.20%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 8:30 pm

ADBE

Adobe's (NYSE:ADBE) short percent of float has fallen 24.8% since its last report, with 4.26 million shares sold short, which is 0.94% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Adobe. Compared to its peers, Adobe has less short interest as a percentage of float, with an average of 3.41%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 8:30 pm

PINS

Evercore ISI Group analyst Mark Mahaney has upgraded Pinterest (NYSE:PINS) from In-Line to Outperform and raised the price target from $30 to $41.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:28 pm

ARKK

SPY

Cathie Wood, CEO of ARK Investment Management, predicts that the U.S. will reach 2% inflation sooner than expected. This could impact the performance of ARK's ETFs, including ARKK, and the broader market, represented by SPY.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:24 pm

ELS

Equity Lifestyle Props (NYSE:ELS) reported Q2 earnings of $0.66 per share, a 3.13% increase YoY. However, the company's quarterly sales of $370.00 million missed the analyst consensus estimate of $376.33 million by 1.68%.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:17 pm

SHOP

Evercore ISI Group analyst Mark Mahaney has downgraded Shopify (NYSE:SHOP) from Outperform to In-Line and set a price target of $69.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:17 pm