Streetbeat News

Analyst Ratings

HBM

Credit Suisse analyst Anita Soni has maintained an 'Outperform' rating on Hudbay Minerals (NYSE:HBM) but lowered the price target from C$9 to C$8.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 4:34 pm

AMAT

Berenberg analyst Tammy Qiu maintains a Buy rating on Applied Mat (NASDAQ:AMAT) and raises the price target from $150 to $175.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 4:30 pm

OXY

A significant bearish stance has been taken on Occidental Petroleum (NYSE:OXY) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $35.0 to $70.0 for Occidental Petroleum over the last 3 months. The current price of OXY is down -0.74% at $63.6. Analysts from UBS, Mizuho, Stephens & Co., Roth MKM, and Morgan Stanley have given their ratings and price targets on the stock.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 4:30 pm

CAT

A significant amount of unusual options activity has been observed for Caterpillar (NYSE:CAT), with a bearish stance being taken by a whale investor. Of the 15 strange trades detected, 46% were bullish and 53% were bearish. The total amount for puts was $595,390 and for calls was $189,777. Whales have been targeting a price range from $230.0 to $300.0 for Caterpillar over the last 3 months. The current price of CAT is down -1.3% at $270.25. Various financial institutions have maintained their ratings on Caterpillar, with price targets ranging from $234 to $323.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 4:30 pm

FTCH

Citigroup has maintained a Sell rating on Farfetch Limited shares and lowered its price target from $4.3 to $3, causing the shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 4:28 pm

ORCL

A significant amount of unusual options activity has been observed for Oracle (NYSE:ORCL), with a majority of investors taking a bullish stance. The trades include 5 puts amounting to $244,551 and 7 calls amounting to $333,313. Whales have been targeting a price range from $105.0 to $175.0 for Oracle over the last 3 months. The current price of ORCL is down -1.04% at $115.25. Piper Sandler has downgraded its action to Overweight with a price target of $130.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 4:15 pm

T

A large investor has taken a bullish stance on AT&T (NYSE:T), with Benzinga's options scanner spotting 13 uncommon options trades for the company. The sentiment of these big-money traders is split between 61% bullish and 38% bearish. Whales have been targeting a price range from $13.0 to $17.0 for AT&T over the last 3 months. RBC Capital, Goldman Sachs, and Citigroup have maintained their ratings on AT&T, while Morgan Stanley downgraded its action to Equal-Weight.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 4:15 pm

PODD

Insulet Corporation's stock has been downgraded by Baird from Outperform to Neutral, with a lowered price target from $320 to $219. This has resulted in a decrease in the trading price of Insulet shares.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 4:07 pm

BBW

Small Cap Consumer Research analyst Eric Beder has reiterated a 'Buy' rating on Build-A-Bear Workshop (NYSE:BBW) and maintained a price target of $41.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 4:07 pm

DPZ

QSR

Shares of Restaurant Brands International Inc (NYSE:QSR) rose slightly after a bullish analysis from JPMorgan. The analysis followed the appointment of key executives, including former Domino's Pizza Inc (NYSE:DPZ) CEO Patrick Doyle. Analyst John Ivankoe initiated coverage of Restaurant Brands International with a Buy rating and a price target of $82. The company’s focus on improving unit economics is expected to drive improved comps and reinforce confidence in the 4%-5% unit growth outlook.

Portfolio Pulse from Priya Nigam

August 21, 2023 | 4:07 pm