Streetbeat News

Analyst Ratings

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are volatile after rising more than 25% over the last week. Barclays analyst Dan Levy maintained an Overweight rating on Rivian and raised the price target from $22 to $30. Rivian was also granted a U.S. Patent for a battery module. The company will report its Q2 financial results on August 8.

Portfolio Pulse from Erica Kollmann

July 11, 2023 | 3:28 pm

CDNA

Raymond James analyst Andrew Cooper maintains his Market Perform rating on CareDx (NASDAQ:CDNA).

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:26 pm

ALB

A significant bearish stance has been taken on Albemarle (NYSE:ALB) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 80% bearish and 20% bullish. The targeted price range for Albemarle over the last 3 months is from $220.0 to $250.0. Keybanc has maintained their Overweight rating on Albemarle with a price target of $291, while Citigroup has downgraded its action to Buy with a price target of $260.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:24 pm

SMG

Truist Securities analyst Bill Chappell has upgraded Scotts Miracle-Gro Co (NYSE:SMG) from Hold to Buy, raising the price target from $65 to $80. Despite a 40% gain year to date, the shares are considered among the most oversold materials stocks. Chappell believes that the company, which has a 60% market share in North America, is poised to benefit from the post-pandemic reversion of the US Consumer segment. He also predicts that 2024 could be the best year ever for the lawn and garden category.

Portfolio Pulse from Priya Nigam

July 11, 2023 | 3:21 pm

CRM

Evercore ISI Group analyst Kirk Materne has reiterated an 'Outperform' rating on Salesforce (NYSE:CRM) and maintained a price target of $240.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:21 pm

ETSY

Etsy's shares are trading higher after JMP Securities reiterated its Market Outperform rating and $130 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:21 pm

AAN

Jefferies analyst Kyle Joseph maintains a Buy rating on Aarons (NYSE:AAN) and raises the price target from $15 to $17.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:19 pm

ENVA

Jefferies analyst John Hecht maintains a Buy rating on Enova International (NYSE:ENVA) and raises the price target from $60 to $63.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:17 pm

XTNT

Craig-Hallum analyst Chase Knickerbocker maintains a 'Buy' rating on Xtant Medical Hldgs (AMEX:XTNT) and raises the price target from $1 to $1.2.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:16 pm

HBI

HanesBrands Inc has appointed Scott Lewis as the Chief Financial Officer. Lewis, who has been serving as the interim CFO, will also continue in his role as Chief Accounting Officer. He brings over 25 years of financial leadership experience to the role. Following the announcement, HBI shares are trading higher by 484% at $4.74.

Portfolio Pulse from Shivani Kumaresan

July 11, 2023 | 3:15 pm