Streetbeat News

Analyst Ratings

AMC

AMC Entertainment Holdings (NYSE:AMC) has received mixed analyst ratings in the last quarter, with 2 indifferent, 2 somewhat bearish, and 2 bearish ratings. The average 12-month price target for AMC is $2.52, representing a 29.01% decrease from the previous average price target of $3.55.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 3:01 pm

UNCY

Unicycive Therapeutics (NASDAQ:UNCY) has received mostly bullish ratings from analysts in the last quarter. The company has an average price target of $5.75, down by 23.33% from the previous average price target of $7.50.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 3:01 pm

SPRB

Spruce Biosciences (NASDAQ:SPRB) has received positive analyst ratings in the last quarter, with 1 bullish and 3 somewhat bullish ratings. The average 12-month price target for the company, according to 4 analysts, is $8.5, marking a 21.43% increase over the past month.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 3:00 pm

EWTX

Edgewise Therapeutics (NASDAQ:EWTX) has received positive analyst ratings in the last quarter, with 2 bullish and 4 somewhat bullish ratings. The average price target for the stock is $26.17, a significant increase from its current price of $7.06. This average has increased by 9.04% from the previous average price target of $24.00.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 3:00 pm

MMSI

Merit Medical Systems (NASDAQ:MMSI) has received mostly bullish ratings from analysts in the last quarter, with an average price target of $94.83, up 7.36% from the previous average of $88.33. No bearish ratings were observed.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 3:00 pm

AAPL

AMZN

GOOG

INTC

META

MSFT

NVDA

QQQ

SPY

TSLA

The article discusses the Federal Reserve minutes, China's directive to funds not to sell stocks, and Intel's scrapped deal with Tower Semiconductor due to lack of Chinese approval. It also mentions positive early trade money flows in NVIDIA and Microsoft, and negative flows in Amazon, Alphabet, Meta Platforms, Tesla, and Apple. Mixed flows are reported for SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. The article also touches on housing starts, India's move to reduce dollar dominance, and oil and gold trades.

Portfolio Pulse from The Arora Report

August 16, 2023 | 2:56 pm

ROST

Shares of Ross Stores Inc (NASDAQ:ROST) are trading higher by 1.7% following strong quarterly earnings from Target and TJX. Barclays analyst Adrienne Yih maintained Ross Stores with an Overweight and raised the price target from $122 to $129. Target reported a second-quarter FY23 sales decline of 4.9% year-on-year to $24.77 billion, missing the analyst consensus of $25.18 billion.

Portfolio Pulse from Henry Khederian

August 16, 2023 | 2:47 pm

BEPC

ENIC

GNE

PAM

VST

Benzinga Insights has identified several value stocks in the utilities sector that may be worth watching, including Pampa Energia, Genie Energy, Vistra, Enel Chile, and Brookfield Renewable. These companies have low price-to-earnings multiples, indicating they may be undervalued. However, the risk of investing in a value stock is that the stock may never rebound from its undervalued position.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 2:38 pm

Truist Securities analyst Scot Ciccarelli has maintained a 'Buy' rating on Home Depot (NYSE:HD) and raised the price target from $348 to $372.

Portfolio Pulse from richadhand@benzinga.com

August 16, 2023 | 2:32 pm

FLNG

Jefferies analyst Omar Nokta has maintained a 'Hold' rating on Flex LNG (NYSE:FLNG) and lowered the price target from $35 to $32.

Portfolio Pulse from richadhand@benzinga.com

August 16, 2023 | 2:30 pm