Streetbeat News

Analyst Ratings

TTD

Trade Desk (NASDAQ:TTD) has seen unusual options activity, with 60% of investors opening trades with bullish expectations and 40% with bearish. The total amount for puts is $878,032 and for calls is $184,653. Whales have been targeting a price range from $70.0 to $120.0 for Trade Desk over the last 3 months. The current price of TTD is down -0.92% at $90.42. Needham maintains a Buy rating with a price target of $100, while Morgan Stanley maintains an Overweight rating with a price target of $105.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:53 am

CRWD

Morgan Stanley has maintained an Overweight rating on Crowdstrike and raised its price target from $163 to $178. This has resulted in Crowdstrike's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:52 am

THX

Tenet Healthcare Corporation (NYSE:THX) reported better-than-expected Q2 earnings, leading to a 3.2% increase in share price. The company posted earnings of $1.44 per share, beating estimates of $1.26 per share, and sales of $5.08 billion, surpassing expectations of $4.90 billion. Analysts from Citigroup, Stephens & Co., RBC Capital, and UBS have subsequently raised their price targets for Tenet Healthcare.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 9:52 am

BABA

A significant amount of unusual options activity has been detected for Alibaba Group Holding (NYSE:BABA), with a bearish stance being taken by a 'whale' investor. Of the 55 strange trades detected, 49% were opened with bullish expectations and 50% with bearish. The price target range for Alibaba over the last 3 months has been between $60.0 to $230.0. The stock is currently down by 1.99% at $100.13. Baird has downgraded its action to Outperform with a price target of $115, while B of A Securities maintains a Buy rating with a price target of $137.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:52 am

LRCX

A significant amount of unusual options activity has been observed for Lam Research (NASDAQ:LRCX), with a majority of investors taking a bullish stance. The trades range from $440.0 to $750.0, with a total of 4 puts and 8 calls. The current price of LRCX is $718.24, with a neutral RSI indicator. Several financial institutions, including Citigroup, JP Morgan, Barclays, Mizuho, and Morgan Stanley, have maintained their positive ratings on Lam Research.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:51 am

CHTR

Charter Communications' stock is trading higher after several analysts increased their price targets post the company's recent earnings report.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:51 am

IMGN

Immunogen (NASDAQ:IMGN) has received positive analyst ratings in the last quarter, with 5 bullish and 2 somewhat bullish ratings. The average price target for the stock is $21.29, which is higher than its current price of $17.58. This average has increased by 27.71% from the previous average price target of $16.67.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:49 am

VSCO

Over the past 3 months, 14 analysts have published their opinion on Victoria's Secret (NYSE:VSCO) stock. The company has an average price target of $25.43, a decrease of 37.47% from the previous average price target of $40.67. The majority of analysts are indifferent about the stock, with 2 bullish, 2 somewhat bullish, 9 indifferent, and 1 bearish.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:49 am

IMGN

BMO Capital has maintained its Outperform rating for Immunogen (NASDAQ:IMGN) and raised its price target from $25.00 to $26.00. Despite this, shares of Immunogen are trading down 1.4% over the last 24 hours.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:49 am

ARCB

Over the last quarter, ArcBest (NASDAQ:ARCB) has received a mix of bullish and indifferent ratings from 10 analysts. The company's average 12-month price target has increased by 5.09% to $124.6, with a high of $137.00 and a low of $108.00.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:48 am