Streetbeat News

Analyst Ratings

SOFI

B of A Securities analyst Mihir Bhatia maintains a Neutral rating on SoFi Techs and raises the price target from $10 to $11.5.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:10 am

APP

Stifel analyst David Pang has reiterated a Buy rating on Applovin Corporation (NASDAQ:APP), raising the price target to $36 from $22.50. Pang forecasts growth in Applovin's software platform business in Q2, with AEBITDA growth of +9% y/y to $294 million. The software platform revenue is expected to contribute 51% of total revenues, increasing by 17% y/y (+5% q/q) to $372 million. Pang also raised Applovin's forecast for AEBITDA of $1.202 billion and $1.386 billion for 2023 and 2024, respectively.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 10:10 am

AMGN

Unusual options activity has been observed for Amgen (NASDAQ:AMGN), with a large position indicating a bullish stance. The activity includes 12 uncommon options trades, split between 58% bullish and 41% bearish. The whales have been targeting a price range from $220.0 to $235.0 for Amgen over the last 3 months. Credit Suisse, Oppenheimer, and Barclays have maintained their ratings on Amgen with price targets of $200, $280, and $210 respectively.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:10 am

CLF

B. Riley Securities analyst Lucas Pipes has maintained a 'Buy' rating on Cleveland-Cliffs (NYSE:CLF), but lowered the price target from $27 to $26.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:10 am

LIN

Argus Research analyst Bill Selesky maintains a 'Buy' rating on Linde (NYSE:LIN) and raises the price target from $440 to $463.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:10 am

CAMT

B. Riley Securities analyst Craig Ellis has maintained a Neutral rating on Camtek (NASDAQ:CAMT) and raised the price target from $45 to $51.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:09 am

TREX

DA Davidson analyst Kurt Yinger maintains a Neutral rating on Trex Co (NYSE:TREX) and raises the price target from $70 to $73.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:09 am

AMD

Advanced Micro Devices, Inc (NASDAQ:AMD) saw a nearly 3% increase in its stock ahead of its Q2 earnings report. The company's stock had previously plunged almost 20% following its Q1 results before reversing into a steep uptrend. For Q2, analysts estimate AMD will report earnings per share of 57 cents on revenues of $5.323 billion. Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on AMD and maintained a price target of $200. From a technical analysis perspective, AMD's stock looks bullish.

Portfolio Pulse from Melanie Schaffer

August 04, 2023 | 10:09 am

HTLF

DA Davidson analyst Jeff Rulis maintains a Neutral rating on Heartland Financial USA (NASDAQ:HTLF) and raises the price target from $31 to $35.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:08 am

PATK

DA Davidson analyst Brandon Rolle maintains a Neutral rating on Patrick Industries (NASDAQ:PATK) and raises the price target from $75 to $81.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:08 am