Streetbeat News

Analyst Ratings

PYPL

A significant investor has taken a bearish stance on PayPal Holdings (NASDAQ:PYPL), with 61% of investors opening trades with bearish expectations. The whales have been targeting a price range from $60.0 to $140.0 for PayPal over the last 3 months. The price of PYPL is currently down -1.16% at $62.46. Several experts have given their ratings on PayPal, with most maintaining an Outperform or Buy rating, and price targets ranging from $77 to $88.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 3:31 pm

RKLB

Wells Fargo analyst Sarah Akers has maintained an Equal-Weight rating on Rocket Lab USA (NASDAQ:RKLB) and raised the price target from $5.5 to $6.75.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 3:30 pm

MASI

Wells Fargo analyst Vik Chopra has maintained an Equal-Weight rating on Masimo (NASDAQ:MASI) and lowered the price target from $126 to $110.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 3:29 pm

BL

BTIG analyst Matt VanVliet has maintained a 'Buy' rating on BlackLine (NASDAQ:BL) but lowered the price target from $80 to $70.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 09, 2023 | 3:28 pm

PODD

Wells Fargo analyst Lawrence Biegelsen has maintained an Overweight rating on Insulet (NASDAQ:PODD) but lowered the price target from $375 to $330.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 3:28 pm

CMCSA

CZR

DIS

DKNG

PENN

Penn Entertainment (NASDAQ:PENN) has announced a partnership with ESPN, along with its Q2 earnings and the divestiture of Barstool Sports. Analysts have mixed views on the deal, with some seeing it as a 'landscape-changing' move, while others are more cautious due to previous failed partnerships in the sector. The deal could lead to more consolidation in the sports betting industry and increase the total addressable market size. Penn is paying $1.5 billion over 10 years, $500 million in warrants, and additional warrants based on market share targets. The impact on DraftKings (NASDAQ:DKNG) is seen as minimal.

Portfolio Pulse from Chris Katje

August 09, 2023 | 3:28 pm

VRDN

Wells Fargo has maintained its Overweight rating on Viridian Therapeutics (NASDAQ:VRDN) but has lowered the price target from $46 to $39.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 3:27 pm

TPG

Deutsche Bank analyst Brian Bedell has maintained a 'Buy' rating on TPG (NASDAQ:TPG), but lowered the price target from $36 to $33.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 09, 2023 | 3:26 pm

EHTH

Deutsche Bank analyst George Hill has maintained a 'Hold' rating on eHealth (NASDAQ:EHTH) and raised the price target from $5 to $10.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 09, 2023 | 3:25 pm

TWLO

Twilio Inc (NYSE:TWLO) reported a revenue beat for Q2, causing its shares to spike in early trading. However, analysts have mixed views on the company's future. While Needham and Oppenheimer maintain positive ratings, citing potential growth in the Data & Applications segment and improving operating margins, RBC Capital Markets and KeyBanc Capital Markets express concerns about competition, AI positioning, and decelerating revenue growth.

Portfolio Pulse from Priya Nigam

August 09, 2023 | 3:25 pm