Streetbeat News

Analyst Ratings

DBRG

RBC Capital analyst Jonathan Atkin maintains an Outperform rating on DigitalBridge Gr (NYSE:DBRG) and raises the price target from $14 to $25.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 2:47 pm

JNJ

A significant amount of unusual options activity has been observed for Johnson & Johnson (NYSE:JNJ), with a bullish stance taken by a majority of investors. The trades range from $100.0 to $220.0, with 10 puts and 7 calls. The current price of JNJ is $174.67, up 0.47%. Analysts from Barclays, Raymond James, Credit Suisse, Cantor Fitzgerald, and Atlantic Equities have maintained their ratings, with price targets ranging from $170 to $215.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:46 pm

INTC

A significant amount of unusual options activity has been observed for Intel (NASDAQ:INTC), with a majority of investors taking a bullish stance. The targeted price range for Intel over the last 3 months has been between $30.0 and $40.0. Analysts' ratings on Intel vary, with Baird and BMO Capital maintaining a Neutral and Market Perform rating respectively, while Rosenblatt has downgraded its action to Sell.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:46 pm

UPS

A significant amount of unusual options activity has been observed for United Parcel Service (UPS), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last three months is between $167.5 and $210.0. The current price of UPS is down by 0.83% at $175.15. Several financial institutions have downgraded their ratings for UPS, with price targets ranging from $185 to $195.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:46 pm

ADTH

LDWY

SJ

UONE

XNET

The article lists five value stocks in the communication services sector, which are traditionally undervalued. The stocks are Scienjoy Holding (NASDAQ:SJ), AdTheorent Holding (NASDAQ:ADTH), Xunlei (NASDAQ:XNET), Urban One (NASDAQ:UONE), and Lendway (NASDAQ:LDWY). The article also provides their P/E ratios and changes in earnings per share.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:45 pm

TSX:POW

RBC Capital analyst Geoffrey Kwan has maintained a 'Sector Perform' rating on Power Corp of Canada (TSX:POW) and raised the price target from C$41 to C$45.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 2:44 pm

OKTA

Goldman Sachs analyst Gabriela Borges has upgraded Okta Inc (NASDAQ:OKTA) to Buy from Sell and increased the price target to $91 from $77. Borges expects Okta's cRPO and ARR to accelerate back to the 15%-20% range following deceleration in the past quarters. The analyst also projects a 23% CAGR for Okta's customer IAM business from 2023-2026, contributing to 10 points of total revenue growth. However, Borges anticipates headwinds related to layoffs and pressurized monthly active users to impact NRR through H2 FY23.

Portfolio Pulse from Lekha Gupta

August 14, 2023 | 2:41 pm

KLXE

Piper Sandler analyst Luke Lemoine maintains a Neutral rating on KLX Energy Services Hldgs (NASDAQ:KLXE) and raises the price target from $13.5 to $14.5.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 2:40 pm

TSX:PLC

RBC Capital analyst Irene Nattel has maintained an 'Outperform' rating on Park Lawn (TSX:PLC), but lowered the price target from C$36 to C$33.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 2:39 pm

WDAY

DA Davidson analyst Robert Simmons maintains a 'Buy' rating on Workday (NASDAQ:WDAY) and raises the price target from $240 to $270.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 2:39 pm