Streetbeat News

Analyst Ratings

ALEC

Stifel analyst Paul Matteis maintains a 'Hold' rating on Alector (NASDAQ:ALEC) and lowers the price target from $10 to $8.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:09 pm

LCID

Lucid Group's Q2 vehicle deliveries were disappointing, according to analysts. However, the company's shipments to Saudi Arabia, its biggest client, were seen as a positive development. Analyst Chris Pierce from Needham maintained a Buy rating but reduced the price target from $10 to $9. Analyst Andres Sheppard from Cantor Fitzgerald reaffirmed an Overweight rating and a price target of $10.

Portfolio Pulse from Priya Nigam

August 08, 2023 | 3:08 pm

ONTO

Stifel analyst Brian Chin maintains a 'Buy' rating on Onto Innovation (NYSE:ONTO) and raises the price target from $124 to $135.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:08 pm

SRC

Stifel analyst Simon Yarmak maintains a Buy rating on Spirit Realty Cap (NYSE:SRC) and raises the price target from $45.5 to $46.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:06 pm

MRUS

Stifel analyst Bradley Canino maintains a Buy rating on Merus (NASDAQ:MRUS) and raises the price target from $44 to $45.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:04 pm

THS

Stifel analyst Matthew Smith maintains a 'Hold' rating on Treehouse Foods (NYSE:THS) and lowers the price target from $56 to $52.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:03 pm

WERN

Stifel analyst David Ross maintains a Buy rating on Werner Enterprises (NASDAQ:WERN) but lowers the price target from $53 to $52.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:02 pm

AAPL

Gene Munster of Deepwater Asset Management suggests that Apple Inc's (NASDAQ:AAPL) stock is being driven by a new investment theme, despite the company's recent sluggish quarters. Munster believes that investors are giving more weight to Apple's growing active installed base. He also suggests that Apple can continue to grow its active installed base even if device sales are down 15% to 20%.

Portfolio Pulse from Adam Eckert

August 08, 2023 | 3:01 pm

FCX

A significant bearish stance has been taken on Freeport-McMoRan (NYSE:FCX) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $37.0 to $45.0 for Freeport-McMoRan over the last 3 months. Morgan Stanley has downgraded its action to Equal-Weight with a price target of $38.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 3:01 pm

FGEN

Over the past 3 months, 4 analysts have published their opinion on FibroGen (NASDAQ:FGEN) stock. The company has an average price target of $4.75, representing a 75.32% decrease from the previous average price target of $19.25. The analysts' ratings are mixed, with 2 being indifferent, 1 somewhat bearish, and 1 bearish.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 3:00 pm