Streetbeat News

Analyst Ratings

JD

A whale investor has taken a bearish stance on JD.com (NASDAQ:JD), with 61% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $22.5 to $52.5 for JD.com over the last 3 months. The price of JD is up 2.0% at $41.34. Benchmark has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $73.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:03 pm

NOW

A significant bearish stance has been taken on ServiceNow (NYSE:NOW) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $290.0 to $610.0 for ServiceNow over the last 3 months. The price of NOW is up 1.48% at $577.97. RBC Capital, Barclays, and MoffettNathanson have maintained their Outperform rating on ServiceNow, while Guggenheim downgraded its action to Buy.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:02 pm

RPM

Analysts have provided various ratings for RPM International (NYSE:RPM) within the last quarter, with 1 bullish, 2 somewhat bullish, and 3 indifferent. The company has an average 12-month price target of $104.67, which has increased by 15.02% over the past month. Analysts typically arrive at their conclusions by predicting a company's future earnings and the riskiness of its revenue streams.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:02 pm

SPOT

In the last quarter, Spotify Technology (NYSE:SPOT) has received various analyst ratings, with the majority being bullish or somewhat bullish. The average price target for SPOT is $180.04, indicating an upside from the current price of $149.8499. This average has increased by 7.45% from the previous average price target of $167.56.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:01 pm

HOG

Over the last quarter, Harley-Davidson (NYSE:HOG) received 1 bullish, 2 somewhat bullish, and 4 indifferent ratings from analysts. The average 12-month price target for the company is $43.29, a decrease of 1.61% from the previous average of $44.00.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:01 pm

WT

In the last quarter, WisdomTree (NYSE:WT) received mixed analyst ratings with 2 somewhat bullish, 3 indifferent, and 1 bearish. The company has an average 12-month price target of $8.04, which has increased by 13.24% over the past month.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:01 pm

CBAY

Over the past 3 months, 7 analysts have published their opinion on CymaBay Therapeutics (NASDAQ:CBAY) stock. The majority of these analysts are bullish, with 5 giving a bullish rating and 2 somewhat bullish. The average 12-month price target for the stock is $14.86, which has increased by 14.31% over the past month.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:00 pm

XPEV

XPeng Inc - ADR (NYSE:XPEV) shares dropped by 13.7% after UBS downgraded the stock from Buy to Neutral. This follows a 57% rally last week when XPeng announced a strategic partnership with the Volkswagen Group. Volkswagen will purchase 4.99% of XPENG's outstanding shares at $15 per share, totaling approximately $700 million. The two companies will jointly develop two B-class battery electric vehicles for sale in China under the Volkswagen brand.

Portfolio Pulse from Henry Khederian

July 31, 2023 | 3:00 pm

RL

Ralph Lauren (NYSE:RL) has received 9 analyst ratings in the last quarter, with 2 being bullish, 6 somewhat bullish, and 1 indifferent. The average price target is $144.44, indicating potential upside from the current price of $131.145. The average has increased by 0.31% from the previous target of $144.00.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:00 pm

EXP

Truist Securities analyst Keith Hughes has maintained a 'Buy' rating on Eagle Materials (NYSE:EXP) and raised the price target from $195 to $220.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 2:54 pm