Streetbeat News

Analyst Ratings

LQDA

Needham analyst Serge Belanger has reiterated a 'Buy' rating on Liquidia (NASDAQ:LQDA) and maintained a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:48 pm

HOUR

EF Hutton analyst Michael Albanese has reiterated a 'Hold' rating on Hour Loop (NASDAQ:HOUR) and lowered the price target from $2 to $1.75.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:47 pm

LRCX

A significant amount of unusual options activity has been observed for Lam Research (NASDAQ:LRCX), with a majority of investors taking a bearish stance. The price target for Lam Research, based on volume and open interest, ranges from $390 to $720. The current price of LRCX is $685.38, down by 0.1%. Analysts from Mizuho, Stifel, Wells Fargo, Citigroup, and Morgan Stanley have maintained their ratings on Lam Research, with price targets ranging from $650 to $800.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 5:47 pm

ARQT

Needham analyst Serge Belanger has reiterated a 'Buy' rating on Arcutis Biotherapeutics (NASDAQ:ARQT) and maintained a price target of $22.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:46 pm

AVTA

Barrington Research analyst Alexander Paris has reiterated an 'Outperform' rating on Avantax (NASDAQ:AVTA), but lowered the price target from $32.5 to $30.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:46 pm

PENN

Truist Securities analyst Barry Jonas has downgraded PENN Entertainment from Buy to Hold and lowered the price target from $33 to $30.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:38 pm

ILMN

Unusual options activity has been observed for Illumina (NASDAQ:ILMN), with a large position indicating a bullish stance. The overall sentiment of these big-money traders is split between 53% bullish and 46% bearish. The price of ILMN is up 1.59% at $187.42. Analysts from Citigroup, JP Morgan, Credit Suisse, Evercore ISI Group, and Stifel have maintained their ratings on Illumina, with price targets ranging from $150 to $240.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 5:30 pm

AEL

BAM

BMO Capital Market analyst Sohrab Movahedi has raised the price target for Brookfield Asset Management Ltd (BAM) to $34 from $33, maintaining a Market Perform rating. The analyst is optimistic about BAM's earnings growth due to continued investor interest in its alternative asset strategies and the potential addition of $50 billion in perpetual assets from the American Equity Investment Life Holding (AEL) acquisition. Despite missing Q2 2023 revenue and EPS consensus, BAM shares are up 4.24%.

Portfolio Pulse from Lekha Gupta

August 10, 2023 | 5:26 pm

PENN

Shares of Penn National Gaming (PENN) are trading lower after Craig-Hallum downgraded the stock to Hold.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:18 pm

TGT

A large investor has taken a bullish stance on Target (NYSE:TGT), with 80% of the big-money trades being bullish and 20% bearish. The overall sentiment is based on 15 uncommon options trades for Target, with 5 puts amounting to $265,580 and 10 calls amounting to $706,192. The whales have been targeting a price range from $100.0 to $140.0 for Target over the last 3 months. The price of TGT is currently up 0.04% at $130.66.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 5:16 pm