Streetbeat News

Analyst Ratings

CMRX

In the last quarter, Chimerix (NASDAQ:CMRX) received 4 bullish ratings from analysts, with an average 12-month price target of $8.75, a decrease of 20.45% from the previous average price target of $11.00.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 8:00 pm

DLO

DLocal Limited (NASDAQ:DLO) reported better-than-expected Q2 financial results and reaffirmed its full-year 2023 revenue guidance. Despite this, DLO shares traded lower on Thursday. Goldman Sachs analyst Tito Labarta maintained a Buy rating on DLO and raised the price target from $21 to $24.

Portfolio Pulse from Ryan Gustafson

August 17, 2023 | 7:45 pm

RBLX

Roblox shares are trading lower following a bearish report from Bear Cave Newsletter.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 7:40 pm

BAC

A significant amount of unusual options activity has been detected for Bank of America (NYSE:BAC), with a bearish stance being taken by a majority of investors. Of the 22 strange trades detected, 72% were bearish and 27% were bullish. The trades included 9 puts amounting to $559,277 and 13 calls amounting to $924,525. Whales have been targeting a price range from $20.0 to $40.0 for Bank of America over the last 3 months. The price of BAC is currently down -0.56% at $29.12. Analysts from Morgan Stanley, BMO Capital, and Oppenheimer have maintained their ratings on Bank of America.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:30 pm

UNH

A significant bearish stance has been taken on UnitedHealth Group (NYSE:UNH) as indicated by unusual options activity. The sentiment among big-money traders is split between 47% bullish and 52% bearish. Whales have been targeting a price range from $400.0 to $530.0 for UnitedHealth Group over the last 3 months. The price of UNH is currently down -2.02% at $493.37. Stephens & Co. downgraded its action to Overweight with a price target of $560, while UBS maintained their Neutral rating with a price target of $520.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:30 pm

MCD

A significant bearish stance on McDonald's (NYSE:MCD) has been observed through unusual options activity. The sentiment among these big-money traders is split between 30% bullish and 69% bearish. The whales have been targeting a price range from $120.0 to $310.0 for McDonald's over the last 3 months. The current price of MCD is down -1.04% at $282.44. Several financial institutions have maintained their ratings on McDonald's with price targets ranging from $310 to $340.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:30 pm

PANW

Wedbush has indicated a slight risk for Palo Alto Networks' Q4 billings and revenues to miss expectations. There is also a reasonable risk for FY24E Billings and FCF guide to be below current Street estimates.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 7:22 pm

WSM

Wedbush analyst Seth Basham has reiterated a Neutral rating on Williams-Sonoma, Inc. (WSM) with a price target of $120. Despite low investor expectations, Basham sees potential for an earnings beat in the company's Q2 2023 report due to tight expense management. However, sales pressures, particularly for the West Elm brand, are expected to continue. The analyst also expects WSM to reduce its FY23 revenue growth guidance by ~300 bps due to macro headwinds.

Portfolio Pulse from Nabaparna Bhattacharya

August 17, 2023 | 7:18 pm

PAYX

Paychex (NASDAQ:PAYX) has received mixed analyst ratings in the last quarter, with 2 somewhat bullish, 4 indifferent, and 2 somewhat bearish. The average price target is $120.5, slightly below the current price of $121.585, implying a potential downside. This average has decreased by 2.37% from the previous average price target of $123.43.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:01 pm

KMX

CarMax (NYSE:KMX) has received various analyst ratings in the last quarter, with 4 somewhat bullish, 3 indifferent, and 1 somewhat bearish. Over the past 3 months, 8 analysts have offered 12-month price targets for CarMax, with an average price target of $82.75, a high of $105.00, and a low of $60.00. The average price target has increased by 13.09% over the past month.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:00 pm