Streetbeat News

Analyst Ratings

XOM

A significant bullish position has been taken on Exxon Mobil (NYSE:XOM), as observed from publicly available options history. The sentiment among these big-money traders is split between 53% bullish and 46% bearish. Whales have been targeting a price range from $70.0 to $135.0 for Exxon Mobil over the last 3 months. The price of XOM is up 3.31% at $109.86. UBS, Mizuho, and Truist Securities have maintained their Buy and Hold ratings on Exxon Mobil, while RBC Capital has downgraded its action to Sector Perform.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:17 pm

AMD

A significant bearish stance has been taken on Advanced Micro Devices (NASDAQ:AMD) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 16% bullish and 83% bearish. The price range targeted by these investors for AMD over the last 3 months is $50.0 to $160.0. The current price of AMD is down -1.87% at $105.19. Analysts from Wedbush, Benchmark, Susquehanna, B of A Securities, and Morgan Stanley have maintained their ratings on AMD, with price targets ranging from $132 to $155.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:16 pm

NVDA

Ahead of Nvidia Corp's (NASDAQ:NVDA) quarterly earnings, Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and raised the price target from $600 to $800. He expects a beat and guidance boost due to severe constraints on H100 Hopper platforms. Oppenheimer analyst Patrick Scholes maintained Nvidia with an Outperform and raised the price target from $420 to $500. He sees gaming returning to >$10 billion/year run-rate in 2Q and auto as NVDA’s third growth pillar long-term.

Portfolio Pulse from Anusuya Lahiri

August 17, 2023 | 3:15 pm

CSCO

Cisco Systems Inc (NASDAQ:CSCO) reported higher-than-expected revenues and earnings for its fiscal fourth quarter, leading to a rise in its share price. Analysts from Morgan Stanley, Needham, Oppenheimer, KeyBanc Capital Markets, and JMP Capital Markets provided their insights on the results. While some analysts raised their price targets and maintained positive ratings, others reiterated their hold ratings, citing concerns about the depletion of backlogs and future growth.

Portfolio Pulse from Priya Nigam

August 17, 2023 | 3:06 pm

DTIL

Precision BioSciences' shares are trading lower after HC Wainwright maintained a Buy rating on the stock but lowered its price target from $5 to $3.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 3:06 pm

GNS

Zacks Small-Cap Research has set a price valuation of $6 for Watchin Genius Grp Ltd using a discounted cash flow analysis and a discount rate of 10%.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 3:05 pm

WOLF

TD Cowen analyst Matthew Ramsay has maintained an 'Outperform' rating on Wolfspeed (NYSE:WOLF), but lowered the price target from $72 to $50.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 3:03 pm

BKR

Over the past 3 months, 11 analysts have published their opinion on Baker Hughes (NASDAQ:BKR) stock. The company has an average price target of $38.45, an increase of 6.51% from the previous average price target of $36.10. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:01 pm

ZIM

Over the past three months, eight analysts have published their opinions on ZIM Integrated Shipping (NYSE:ZIM) stock. The majority of these analysts are indifferent about the stock, with one analyst being somewhat bearish. The average price target is $15.14, which is a 12.49% decrease from the previous average price target of $17.30.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:01 pm

PEG

Over the past 3 months, 8 analysts have given their opinions on Public Service Enterprise (NYSE:PEG) stock. The average 12-month price target for the stock is $66.5, a decrease of 2.82% from the previous average of $68.43. The majority of the analysts are somewhat bullish on the stock.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:00 pm