Streetbeat News

Analyst Ratings

JNJ

A significant bearish stance has been taken on Johnson & Johnson (NYSE:JNJ) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 29% bullish and 70% bearish. The whales have been targeting a price range from $155.0 to $210.0 for Johnson & Johnson over the last 3 months. Barclays and Morgan Stanley have maintained their Equal-Weight rating on Johnson & Johnson, with price targets of $175 and $187 respectively, while Cantor Fitzgerald has downgraded its action to Overweight with a price target of $215.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:46 pm

TWOU

Needham analyst Ryan MacDonald reiterated a Buy rating on 2U, Inc. (NASDAQ:TWOU), but lowered the price target to $9 from $15. This follows 2U's worse-than-expected Q2 results, with an 8% decrease in revenue to $222.1 million. Despite this, MacDonald believes that the company's scaled unit economics can support a 20% EBITDA margin in the long term. TWOU shares are currently trading lower by 27.6% to $3.09.

Portfolio Pulse from Nabaparna Bhattacharya

August 09, 2023 | 7:43 pm

DDOG

MSFT

Analysts have revised their outlook for Datadog Inc (NASDAQ: DDOG) following its Q2 results. Despite slightly better than expected results, the company's weaker second-half outlook due to macro cloud adoption headwinds and lower usage growth from existing customers has led to a reduction in price targets. Revenue for FY23 is expected to be ~2% below pre-quarter expectations. The company's shares traded lower by 0.92% at $87.22.

Portfolio Pulse from Anusuya Lahiri

August 09, 2023 | 7:43 pm

CELH

Wedbush analyst Gerald Pascarelli maintains an Outperform rating on Celsius Holdings (NASDAQ:CELH) and raises the price target from $155 to $180.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 7:42 pm

CDRE

Roth MKM analyst Matt Koranda maintains a 'Buy' rating on Cadre Holdings (NYSE:CDRE) and raises the price target from $28 to $30.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 7:40 pm

UAL

United Airlines Holdings, Inc. (NASDAQ:UAL) shares are trading lower, in line with other airline stocks. Despite unsatisfactory earnings reports from several airlines, United Airlines reported better-than-expected Q2 results and issued strong full-year 2023 guidance. Redburn Partners analyst James Goodall upgraded United Airlines from Neutral to Buy and announced a $80 price target.

Portfolio Pulse from Ryan Gustafson

August 09, 2023 | 7:39 pm

AKAM

Evercore ISI Group analyst Amit Daryanani maintains an Outperform rating on Akamai Techs (NASDAQ:AKAM) and raises the price target from $105 to $115.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 7:37 pm

BSX

Boston Scientific's (NYSE:BSX) short percent of float has fallen 13.56% since its last report, indicating a more bullish sentiment towards the stock. The company has 7.36 million shares sold short, which is 0.51% of all regular shares available for trading. Compared to its peers, Boston Scientific has less short interest.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:30 pm

MBLY

Mobileye Global's (NYSE:MBLY) short percent of float has decreased by 12.8% since its last report, with 11.94 million shares sold short, which is 17.98% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, compared to its peers, Mobileye Global has a higher short interest as a percentage of float, which is 4.82% on average.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:30 pm

GOOGL

A significant number of investors have taken a bearish stance on Alphabet (NASDAQ:GOOGL), with 52% of the 38 detected trades being bearish. The total amount for puts is $1,261,441 and for calls is $1,241,960. Whales have been targeting a price range from $105.0 to $200.0 for Alphabet over the last 3 months. The current price of GOOGL is down -0.75% at $130.42. Several experts maintain positive ratings on Alphabet with price targets ranging from $142 to $163.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:17 pm