Streetbeat News

Analyst Ratings

TSM

A significant investor has taken a bearish stance on Taiwan Semiconductor (NYSE:TSM), with 54% of investors opening trades with bearish expectations. Whales have been targeting a price range from $80.0 to $98.0 for TSM over the last 3 months. The price of TSM is currently down -1.35% at $90.4. Needham has downgraded its action to Buy with a price target of $118.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:16 pm

ADBE

A significant investor has taken a bullish stance on Adobe (NASDAQ:ADBE), with 50% of investors opening trades with bullish expectations and 50% with bearish. The total amount for puts is $207,800 and for calls is $490,573. Whales have been targeting a price range from $250.0 to $680.0 for Adobe over the last 3 months. B of A Securities and Morgan Stanley have upgraded their actions to Buy and Overweight respectively, with price targets of $630 and $660.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:16 pm

GPS

Citigroup analyst Paul Lejuez has maintained a Neutral rating on Gap (NYSE:GPS) and raised the price target from $9 to $11.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 3:15 pm

AMAT

Applied Materials, Inc. (NASDAQ:AMAT) reported strong fiscal third-quarter results, with its DRAM revenues growing by 45% sequentially and 12% year-over-year. Analysts from Mizuho Securities and Morgan Stanley raised their price targets for AMAT, while Needham and KeyBanc Capital Markets reaffirmed their ratings. The company's strong guidance is attributed to its exposure to resilient sectors of the semi cycle, including ICAPS and China.

Portfolio Pulse from Priya Nigam

August 18, 2023 | 3:14 pm

EVGN

Lake Street analyst Ben Klieve maintains a 'Buy' rating on Evogene (NASDAQ:EVGN) and raises the price target from $2 to $3.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 3:10 pm

TRMR

Lake Street analyst Eric Martinuzzi has maintained a 'Buy' rating on Tremor Intl (NASDAQ:TRMR) but lowered the price target from $10 to $8.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 3:09 pm

CSCO

A significant amount of unusual options activity has been observed for Cisco Systems (NASDAQ:CSCO), with a mix of bullish and bearish stances. Whales have been targeting a price range from $40.0 to $57.5 for Cisco Systems over the last 3 months. The company's stock price is currently up 0.86% at $55.2. Analysts have mixed opinions, with ratings ranging from 'Underperform' to 'Buy' and price targets from $45 to $65.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:01 pm

CMG

A whale investor has taken a bullish stance on Chipotle Mexican Grill (NYSE:CMG), with 70% of investors opening trades with bullish expectations. The whale has been targeting a price range from $1860.0 to $2000.0 for Chipotle over the last 3 months. Analysts from Morgan Stanley, Wedbush, JP Morgan, Stephens & Co., and Truist Securities have maintained their ratings on Chipotle, with price targets ranging from $2010 to $2400.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:01 pm

W

Wayfair (NYSE:W) has received various analyst ratings in the last quarter, with a total of 16 bullish, 9 somewhat bullish, 9 indifferent, and 1 bearish. The average price target for the stock is $86.26, which is a 48.29% increase from the previous average of $58.17. The current price of Wayfair is $69.85.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:01 pm

WSM

Analysts have provided mixed ratings for Williams-Sonoma (NYSE:WSM) in the last quarter, with 4 somewhat bullish, 4 indifferent, and 1 somewhat bearish. The company has an average 12-month price target of $132.33, up 1.95% from the previous average of $129.80.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:00 pm