Streetbeat News

Analyst Ratings

SNPS

JP Morgan analyst Jackson Ader maintains an Overweight rating on Synopsys (NASDAQ:SNPS) and raises the price target from $470 to $500.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 2:43 pm

TGT

TD Cowen analyst Oliver Chen has maintained an 'Outperform' rating on Target (NYSE:TGT) but lowered the price target from $165 to $161.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 2:39 pm

HE

Hawaiian Electric Industries Inc (NYSE:HE) is facing multiple lawsuits over alleged negligence related to the Maui wildfires. The company is also in talks with restructuring firms. Its shares have fallen more than 60% since the fires. BofA Securities analyst Julien Dumoulin-Smith maintained an Underperform rating on the company and lowered the price target from $11 to $10.

Portfolio Pulse from Adam Eckert

August 17, 2023 | 2:35 pm

SCCO

JP Morgan analyst Rodolfo Angele maintains an Underweight rating on Southern Copper (NYSE:SCCO) and raises the price target from $52.5 to $55.5.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 2:34 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

WMT

Wall Street is blaming market mechanics for the recent stock market sell-off. The Arora Report had previously signaled a potential sell-off due to changing market mechanics. Market makers are gamma hedged for the first time in 2023, which is significant as market mechanics have contributed to two-thirds of the stock market rally this year. Consumer spending is strong, but excess savings are expected to run out by October. Earnings from Walmart are better than consensus. Money flows are positive in Tesla, NVIDIA, Alphabet, Apple, and Amazon, but negative in Microsoft and Meta Platforms. Money flows are mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1.

Portfolio Pulse from The Arora Report

August 17, 2023 | 2:33 pm

PEG

JP Morgan analyst Jeremy Tonet maintains an Overweight rating on Public Service Enterprise (NYSE:PEG) and raises the price target from $68 to $70.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 2:32 pm

IDYA

JP Morgan analyst Anupam Rama maintains an Overweight rating on IDEAYA Biosciences (NASDAQ:IDYA) and raises the price target from $28 to $32.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 2:31 pm

ETR

JP Morgan analyst Jeremy Tonet has maintained an Overweight rating on Entergy (NYSE:ETR) and raised the price target from $121 to $124.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 2:30 pm

DUK

JP Morgan analyst Christopher Turnure maintains a Neutral rating on Duke Energy (NYSE:DUK) and raises the price target from $98 to $101.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 2:30 pm

D

JP Morgan analyst Jeremy Tonet has maintained a Neutral rating on Dominion Energy (NYSE:D) and raised the price target from $55 to $57.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 2:29 pm