Streetbeat News

Analyst Ratings

LLY

A significant investor has taken a bearish stance on Eli Lilly (NYSE:LLY), with 75% of recent trades being bearish. The trades suggest a target price range of $350 to $600 for Eli Lilly over the next three months. Despite this, several financial institutions have maintained positive ratings on the company, with price targets ranging from $510 to $615.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 8:01 pm

XOM

In the last quarter, Exxon Mobil (NYSE:XOM) received mixed analyst ratings with 2 bullish, 2 somewhat bullish, and 4 indifferent. Over the past 3 months, 8 analysts have offered 12-month price targets for Exxon Mobil, with an average price target of $122.38, representing a 7.57% decrease from the previous average price target of $132.40.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 8:00 pm

CRM

Salesforce (NYSE:CRM) has received 37 analyst ratings in the last quarter, with the majority being bullish or somewhat bullish. The company's average 12-month price target is $238.16, which has increased by 5.59% over the past month.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 8:00 pm

PSX

Analysts have provided various ratings for Phillips 66 (NYSE:PSX) within the last quarter, with 1 bullish, 5 somewhat bullish, and 3 indifferent. The average 12-month price target for Phillips 66 is $123.44, which has increased by 2.02% over the past month.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 8:00 pm

DCTH

Over the past 3 months, 5 analysts have published their bullish opinion on Delcath Systems (NASDAQ:DCTH) stock. The company has an average price target of $17.2, an increase of 14.67% from the previous average price target of $15.00.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 8:00 pm

DOC

Physicians Realty Trust (NYSE:DOC) has received mixed analyst ratings in the last quarter, with one somewhat bullish, two indifferent, and one somewhat bearish. The average price target is $15.0, implying an upside from the current price of $13.875. This average has increased by 5.26% from the previous average price target of $14.25.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 8:00 pm

XPOF

Xponential Fitness (NYSE:XPOF) has received mostly bullish ratings from analysts in the last quarter, with 3 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target for the stock is $30.33, representing a 16.52% decrease from the previous average price target of $36.33.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 8:00 pm

CTRE

ENSG

BMO Capital Markets analyst Juan C. Sanabria has upgraded CareTrust REIT, Inc. (CTRE) from Market Perform to Outperform, raising the price target to $24 from $23.50. Sanabria sees limited risks for CTRE in the near-to-medium term and applauds the company's growing pipeline of opportunities and accretive acquisitions. The analyst also notes that CTRE's top tenant, The Ensign Group, Inc. (ENSG), is a blue-chip SNF operator with 3.3x EBITDAR rent coverage.

Portfolio Pulse from Nabaparna Bhattacharya

August 16, 2023 | 7:39 pm

WDAY

BMO Capital Markets analyst Daniel Jester has reiterated an Outperform rating on Workday, Inc. (NASDAQ:WDAY), raising the price target to $260 from $240. Jester sees an attractive medium-term risk/reward profile for Workday, anticipating a modest upside in revenue and similar EBIT margin to the first quarter. The analyst's favorable view is due to Workday's ongoing efforts to amplify growth vectors outside of the U.S. and across the financial suite. The company's strong AI-ML position is also expected to bolster the international go-to-market.

Portfolio Pulse from Nabaparna Bhattacharya

August 16, 2023 | 7:35 pm

IEF

Former U.S. treasury secretary Lawrence Summers predicts that 10-year yields could rise to 4.75% or higher in the next decade due to factors such as inflation, government borrowing needs, and term premium. He also anticipates a robust economy in the short term but does not rule out a possible recession in 2024. Following the release of July's FOMC minutes, 10-year U.S. Treasury yields rose to 4.26%, the highest since September 2007. The iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) declined 0.3%.

Portfolio Pulse from Piero Cingari

August 16, 2023 | 7:33 pm