Streetbeat News

Analyst Ratings

HLX

Piper Sandler analyst Ian Macpherson has maintained an Overweight rating on Helix Energy Solns Gr (NYSE:HLX) and raised the price target from $13 to $14.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 4:35 pm

ABR

Arbor Realty Trust's stock has been downgraded from Overweight to Underweight by Piper Sandler, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 4:35 pm

MRK

MRNA

Merck & Company (NYSE:MRK) is set to report its Q2 financial results, with analysts expecting a revenue of $14.387 billion and a loss of $2.17 per share. The company's Keytruda cancer immunotherapy is in focus, with recent trial results suggesting further applications and increased revenue possibilities. Merck has also reported data from two late-stage studies for its pneumococcal conjugate vaccine and results from a midstage trial for a cancer vaccine being developed with Moderna Inc (NASDAQ:MRNA).

Portfolio Pulse from Chris Katje

July 31, 2023 | 4:34 pm

HIG

Piper Sandler analyst Paul Newsome maintains an Overweight rating on Hartford Financial Services Group (NYSE:HIG) but lowers the price target from $94 to $93.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 4:34 pm

HBNC

Piper Sandler analyst Nathan Race maintains a Neutral rating on Horizon Bancorp (NASDAQ:HBNC) and raises the price target from $11 to $14.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 4:33 pm

GTLS

Piper Sandler analyst Luke Lemoine maintains a Neutral rating on Chart Industries (NYSE:GTLS) and raises the price target from $131 to $140.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 4:33 pm

GKOS

Piper Sandler analyst Matt O'Brien maintains an Overweight rating on Glaukos (NYSE:GKOS) and raises the price target from $80 to $85.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 4:32 pm

DASH

A significant bearish stance has been taken on DoorDash (NYSE:DASH) by a large investor, as observed in the unusual options activity. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $80.0 to $120.0 for DoorDash over the last 3 months. Jefferies has maintained their Underperform rating on DoorDash with a price target of $65, while JMP Securities downgraded its action to Market Outperform with a price target of $100.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 4:30 pm

LI

A significant investor has taken a bearish stance on Li Auto (NASDAQ:LI), with 54% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $35.0 to $55.0 for Li Auto over the last 3 months. The price of LI is currently down -0.51% at $42.5. RSI indicators suggest that the stock may be overbought. The next earnings are expected to be released in 8 days.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 4:30 pm

FCBC

Piper Sandler analyst Casey Orr Whitman maintains an Underweight rating on First Community (NASDAQ:FCBC) and raises the price target from $28 to $33.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 4:29 pm