Streetbeat News

Analyst Ratings

VLY

Wedbush analyst David Chiaverini maintains a Neutral rating on Valley National (NASDAQ:VLY) and raises the price target from $9 to $10.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:07 pm

WING

Wedbush analyst Nick Setyan downgraded Wingstop Inc. (NASDAQ:WING) to Neutral from Outperform, lowering the price target to $185 from $240. Setyan believes that rising wing costs could limit WING's medium-term growth and valuation. The analyst also lowered the 2023 and 2024 EPS estimates for WING. WING shares are trading lower by 7.79% to $165.07.

Portfolio Pulse from Nabaparna Bhattacharya

July 28, 2023 | 6:06 pm

PPBI

Wedbush analyst David Chiaverini maintains a Neutral rating on Pacific Premier Bancorp (NASDAQ:PPBI) and raises the price target from $23 to $27.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:06 pm

CUBI

Wedbush analyst David Chiaverini maintains an Outperform rating on Customers Bancorp (NYSE:CUBI) and raises the price target from $35 to $50.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:03 pm

ATVI

A significant amount of unusual options activity has been observed for Activision Blizzard (NASDAQ:ATVI), with a majority of investors taking a bullish stance. The trades include 2 puts amounting to $90,000 and 11 calls amounting to $1,474,802. Whales have been targeting a price range from $77.5 to $95.0 for Activision Blizzard over the last 3 months. Deutsche Bank maintains a Buy rating on Activision Blizzard with a price target of $95, while Citigroup, Truist Securities, and MoffettNathanson have downgraded their actions to Hold with a price target of $95. Benchmark has downgraded its action to Hold with a price target of $90.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:01 pm

MU

A significant bearish stance has been taken on Micron Technology (NASDAQ:MU) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $45.0 to $90.0 for Micron Technology over the last 3 months. The current price of MU is down -0.4% at $70.78. Several financial institutions have maintained their ratings on Micron Technology with price targets ranging from $75 to $80.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:01 pm

CNX

Analysts have provided indifferent to somewhat bearish ratings for CNX Resources (NYSE:CNX) in the last quarter. According to 4 analysts offering 12-month price targets in the last 3 months, CNX Resources has an average price target of $17.5, which has increased by 4.48% over the past month.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:01 pm

EOLS

Evolus (NASDAQ:EOLS) has received five bullish analyst ratings in the last quarter, with an average 12-month price target of $18.4, up 15.0% from the previous average price target of $16.00. No bearish or indifferent ratings were observed.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:01 pm

SLM

Over the past 3 months, 4 analysts have published their opinion on SLM (NASDAQ:SLM) stock. The analysts have an average price target of $18.5 versus the current price of SLM at $15.87, implying upside. This current average has increased by 8.82% from the previous average price target of $17.00.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:01 pm

FAF

Over the past 3 months, 4 analysts have published their opinion on First American Financial (NYSE:FAF) stock. The average 12-month price target for the stock is $67.25, an increase of 2.67% from the previous average price target of $65.50. The ratings include 1 bullish, 1 somewhat bullish, and 2 indifferent.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:00 pm