Streetbeat News

Analyst Ratings

CHGG

Chegg (NYSE:CHGG) reported Q2 earnings of $0.28 per share, meeting analyst consensus. This is a 24.32% decrease from last year's earnings. Quarterly sales were $182.90M, beating the analyst consensus of $176.19M by 3.81%, but a 6.07% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:08 pm

CTRA

Coterra Energy's Q2 adjusted earnings per share of $0.39 beat the analyst consensus estimate of $0.36 by 8.33%, but represented a 71.11% decrease from the same period last year. The company's quarterly sales of $1.19 billion missed the analyst consensus estimate of $1.28 billion by 7.42%, and marked a 53.93% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:06 pm

TTOO

T2 Biosystems reported Q2 earnings per share of $(0.08), beating the analyst consensus estimate of $(0.27) by 70.37%. However, the company's quarterly sales of $2.00 million missed the analyst consensus estimate of $2.03 million by 1.48%. This represents a 66.16% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:06 pm

RNG

RingCentral (NYSE:RNG) reported Q2 earnings of $0.83 per share, beating the analyst consensus estimate of $0.75 by 10.67%. This is an 84.44% increase from the same period last year. The company also reported quarterly sales of $539.00 million, beating the analyst consensus estimate of $536.04 million by 0.55%. This is a 10.70% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:03 pm

BX

A whale investor has taken a bullish stance on Blackstone (NYSE:BX), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $55.0 to $110.0 for Blackstone over the last 3 months. The price of BX is up 1.06% at $103.82. Barclays, Evercore ISI Group, Morgan Stanley, BMO Capital, and JP Morgan have maintained their ratings on Blackstone, with price targets ranging from $97 to $125.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 8:00 pm

MODV

Over the past 3 months, 4 analysts have published their opinion on ModivCare (NASDAQ:MODV) stock. The average price target for ModivCare is $74.5, a decrease of 10.78% from the previous average price target of $83.50. The ratings are mostly bullish.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 8:00 pm

EQH

Over the last quarter, Equitable Hldgs (NYSE:EQH) has received 1 bullish and 5 somewhat bullish ratings from analysts. There were no indifferent, somewhat bearish, or bearish ratings. The average price target for EQH is $35.5, compared to its current price of $29.015, implying an upside. The average price target has increased by 2.39% over the past month.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 8:00 pm

NEM

A significant amount of bearish options activity has been detected for Newmont (NYSE:NEM), with 85% of investors opening trades with bearish expectations. The total amount for puts is $997,838 and for calls is $316,196. Whales have been targeting a price range from $22.5 to $80.0 for Newmont over the last 3 months. The current price of NEM is down -1.19% at $40.38. Argus Research and TD Securities maintain their Buy rating on Newmont, while CIBC downgraded its action to Neutral.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 8:00 pm

AMT

Analysts have provided somewhat bullish ratings for American Tower (NYSE:AMT) in the last quarter, with 5 out of 6 ratings being somewhat bullish and 1 being indifferent. The company has an average 12-month price target of $221.17, representing a 5.0% decrease from the previous average price target of $232.80.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 8:00 pm

CUBE

Over the past 3 months, 4 analysts have published their opinion on CubeSmart (NYSE:CUBE) stock. The company has an average price target of $49.25, a decrease of 4.68% from the previous average price target of $51.67. The majority of the analysts are somewhat bullish on the stock.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 8:00 pm