Streetbeat News

Analyst Ratings

ALRM

Alarm.com Holdings (NASDAQ:ALRM) has received various analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, and 2 indifferent. The average 12-month price target for the company, according to 5 analysts, is $62.6, with a high of $70.00 and a low of $57.00. This average price target has increased by 6.1% over the past month.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 7:00 pm

AMZN

GOOGL

MSFT

Needham analyst Laura Martin reiterated a Buy rating and a $140 price target for Alphabet Inc (NASDAQ: GOOGL). Barometer CEO Tamara Zubatiy shared insights on Amazon.Com Inc (NASDAQ: AMZN) AWS and Google Cloud. Zubatiy expressed concerns about data privacy and generative AI outcomes with Google Cloud. She also mentioned latency issues and conflicts of interest with Microsoft Corp (NASDAQ: MSFT) Microsoft Cloud and Google Bard. Barometer is considering creating a parallel infrastructure on Google Cloud to hedge against potential AWS price increases.

Portfolio Pulse from Anusuya Lahiri

August 11, 2023 | 6:56 pm

WMT

Credit Suisse analyst Karen Short has maintained an Outperform rating on Walmart Inc (NYSE:WMT) and raised the price target from $170 to $180. Short raised her 2Q EPS forecast by $0.06 to $1.74, above the FactSet consensus of $1.69 and guidance of $1.63-$1.68. She believes Walmart is well positioned for the current environment due to its value-driven consumables-oriented business. Short also raised her WMT U.S. comp ex. fuel estimate to 6.0% from 3.8%. The upward revision reflects strength in grocery sales, growth in private labels, and increases in health and wellness sales.

Portfolio Pulse from Anusuya Lahiri

August 11, 2023 | 6:51 pm

ARRY

Wells Fargo has maintained an Overweight rating on Array Technologies and raised its price target from $28 to $31. This has led to an increase in Array Technologies' share prices.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 6:50 pm

GM

A significant bearish stance has been taken on General Motors (NYSE:GM) by a large investor, as observed in the options history. The sentiment among these big-money traders is split between 41% bullish and 58% bearish. The whales have been targeting a price range from $27.0 to $47.0 for General Motors over the last 3 months. The current price of GM is down -1.39% at $33.69. Several financial institutions have given their ratings and price targets for GM.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 6:45 pm

FLNC

Roth MKM has maintained a Neutral rating on Fluence Energy's stock but lowered its price target from $31 to $27. This has led to a decrease in Fluence Energy's share price.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 6:42 pm

CYBR

DA Davidson analyst Rudy Kessinger maintains a 'Buy' rating on CyberArk Software (NASDAQ:CYBR) and raises the price target from $185 to $200.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 6:40 pm

CARG

DA Davidson analyst Tom White maintains a Neutral rating on CarGurus (NASDAQ:CARG) and raises the price target from $20 to $21.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 6:35 pm

APP

DA Davidson analyst Franco Granda maintains a Buy rating on AppLovin (NASDAQ:APP) and raises the price target from $32 to $40.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 6:31 pm

NKE

A whale investor has taken a bearish stance on Nike (NYSE:NKE), with 70% of the spotted trades being bearish and 30% bullish. The total amount for puts is $1,592,088 and for calls is $73,960. The targeted price range for Nike over the last 3 months is from $65.0 to $120.0. The current price of NKE is down -0.86% at $108.09.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 6:31 pm