Streetbeat News

Analyst Ratings

OVV

Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on Ovintiv (NYSE:OVV) and raised the price target from $44 to $46.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 1:48 pm

BLMN

Raymond Jones has issued a note on Bloomin' Brands, stating that the current stock valuation does not reflect the significant improvement in EBIT margins and the company's balance sheet, where Debt/EBITDA has declined into low 1's from mid-2's in 2019.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 1:47 pm

OXY

Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on Occidental Petroleum (NYSE:OXY) and raised the price target from $60 to $62.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 1:47 pm

NVDA

A significant bearish stance on NVIDIA (NASDAQ:NVDA) has been observed through unusual options activity. The sentiment among big-money traders is split between 30% bullish and 69% bearish. Whales have been targeting a price range from $380.0 to $505.0 for NVIDIA over the last 3 months. The price of NVDA is currently down -1.43% at $427.26. Analysts from UBS, Piper Sandler, Susquehanna, and Raymond James maintain positive ratings on NVIDIA, while Wedbush downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 1:46 pm

PYPL

A significant amount of unusual options activity has been observed for PayPal Holdings (NASDAQ:PYPL), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $55.0 to $145.0 for PayPal over the last 3 months. The price of PYPL is currently down -2.08% at $57.38. RBC Capital, BTIG, Oppenheimer, Piper Sandler, and Canaccord Genuity have all provided their ratings and price targets for PayPal.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 1:46 pm

AAPL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses the trade strategy for SPY, QQQ, AAPL, MSFT, META, TSLA, and NVDA. The memo provides detailed analysis of each stock, including potential bullish and bearish targets. The memo also mentions that the trading landscape is devoid of significant data, but the monthly options contracts set to expire could lead to heightened volatility and potential sharp moves.

Portfolio Pulse from RIPS

August 18, 2023 | 1:46 pm

MUR

Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on Murphy Oil (NYSE:MUR) and raised the price target from $43 to $46.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 1:45 pm

MET

Morgan Stanley analyst Nigel Dally has maintained an Overweight rating on MetLife (NYSE:MET) and raised the price target from $78 to $79.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 1:29 pm

BTCUSD

Mark Yusko, CEO of Morgan Creek Capital Management, predicts that Bitcoin (BTC) could reach a price of $300,000 by 2028, a 10-fold increase from its current value. Yusko compares Bitcoin to gold, highlighting its portability and divisibility. He also mentions potential catalysts for Bitcoin's growth, including increased adoption by institutional investors and global economic challenges. If Yusko's prediction comes true, a $100 investment in Bitcoin today would be worth $1,076.10 in 2028.

Portfolio Pulse from Chris Katje

August 18, 2023 | 1:29 pm

KEYS

Morgan Stanley analyst Meta Marshall has maintained an Equal-Weight rating on Keysight Techs (NYSE:KEYS) and lowered the price target from $180 to $165.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 1:28 pm