Streetbeat News

Analyst Ratings

MCHI

Former Treasury Secretary Larry Summers and Willett Advisors’ Steve Rattner shared their views on China's economic challenges. Summers pointed out financial strains from excessive reliance on real estate, drying up of the export market, and population collapse. Rattner mentioned U.S. sanctions, globalization, and companies diversifying their supply chains as factors affecting China's economy. Both agreed that President Xi Jinping's control over the economy is a problem. The iShares MSCI China ETF (NASDAQ:MCHI) ended Friday’s session down 2.39% to $43.32.

Portfolio Pulse from Shanthi Rexaline

August 19, 2023 | 12:13 pm

F

GM

RIVN

TSLA

A study by Cox Automotive reveals that Ford's F-150 Lightning is surpassing Tesla's Cybertruck in buyer interest. The study highlighted the influence of brand strength, particularly in the full-size pickup truck segment. Ford's historical success in the truck sector has established deep consumer loyalty. The Ford F-150 Lightning secured the top spot across all evaluated categories: driving range, performance, price, appearance, and technological advancement. The study also included other EV counterparts like Chevy, General Motors (Hummer), Ram Truck, and Rivian Automotive.

Portfolio Pulse from Ananya Gairola

August 19, 2023 | 11:37 am

TSLA

VWAGY

XPEV

XPeng Inc. (NYSE:XPEV) has stated that Tesla Inc.'s (NASDAQ:TSLA) price cut strategy in the Chinese market has not impacted its sales. XPeng's G6 model has become a bestseller in its price segment and the company plans to scale production volume. XPeng also mentioned its collaboration with Volkswagen (OTCPK: VWAGY) to develop EV platforms. The company expects its gross margin to become positive in the fourth quarter.

Portfolio Pulse from Anan Ashraf

August 19, 2023 | 8:37 am

SELB

In the last quarter, Selecta Biosciences (NASDAQ:SELB) received 3 bullish and 1 indifferent ratings from analysts. The company's average 12-month price target is $3.25, a 27.78% decrease from the previous average price target of $4.50.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 9:00 pm

ESTC

In the last quarter, Elastic (NYSE:ESTC) has received a mix of bullish and indifferent analyst ratings. According to 16 analysts, Elastic has an average 12-month price target of $75.81, an increase of 8.99% from the previous average price target of $69.56.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 9:00 pm

DT

In the last quarter, Dynatrace (NYSE:DT) received 17 analyst ratings, with 8 being bullish, 5 somewhat bullish, and 4 indifferent. The company's average 12-month price target is $56.53, up 7.27% from the previous average of $52.70. No bearish or somewhat bearish ratings were observed.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 9:00 pm

DV

18 analysts have provided ratings for DoubleVerify Hldgs (NYSE:DV) in the last quarter, with 7 being bullish, 11 somewhat bullish, and none being bearish or indifferent. The average price target is $43.83, indicating an upside from the current price of $33.08. The average price target has increased by 17.51% over the past month.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 9:00 pm

GL

Over the past 3 months, 5 analysts have published their opinion on Globe Life (NYSE:GL) stock. In the last 3 months, these analysts have offered 12-month price targets for Globe Life with an average price target of $128.4, an increase of 0.84% from the previous average price target of $127.33. The analysts' ratings are mixed with 3 being indifferent and 2 somewhat bearish.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 9:00 pm

DCGO

In the last quarter, DocGo (NASDAQ:DCGO) received six bullish analyst ratings with an average price target of $13.33, indicating potential upside from the current price of $8.92. The average price target has increased by 11.08% over the past month.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 9:00 pm

MAR

Marriott Intl (NASDAQ:MAR) has seen unusual options activity, with a majority of investors taking a bearish stance. Of the 15 strange trades detected, 73% were bearish and 26% bullish. The total amount for puts was $519,908 and for calls, $280,743. Whales have been targeting a price range from $155.0 to $220.0 for Marriott Intl over the last 3 months. The current price of MAR is $202.09, down -0.12%. Analysts from BMO Capital, Barclays, Bernstein, and Wells Fargo have maintained their ratings on Marriott, with price targets ranging from $189 to $222.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 8:45 pm