Streetbeat News

Analyst Ratings

META

Meta Platforms shares are trading higher following a positive earnings report. The stock was upgraded from Hold to Buy by China Renaissance, which also set a $380 price target.

Portfolio Pulse from Bill Haddad

July 28, 2023 | 2:53 pm

CMCSA

TD Cowen analyst Gregory Williams maintains an Outperform rating on Comcast (NASDAQ:CMCSA) and raises the price target from $46 to $50.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 2:52 pm

MAS

Truist Securities analyst Keith Hughes maintains a 'Buy' rating on Masco (NYSE:MAS) and raises the price target from $60 to $74.

Portfolio Pulse from richadhand@benzinga.com

July 28, 2023 | 2:47 pm

SSNC

Credit Suisse analyst Kevin Mcveigh maintains an Outperform rating on SS&C Techs Hldgs (NASDAQ:SSNC) and raises the price target from $83 to $85.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 2:47 pm

MLM

Truist Securities analyst Rohit Seth maintains a 'Buy' rating on Martin Marietta Materials (NYSE:MLM) and raises the price target from $446 to $550.

Portfolio Pulse from richadhand@benzinga.com

July 28, 2023 | 2:47 pm

AVGO

A significant bearish stance has been taken on Broadcom (NASDAQ:AVGO) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is 75% bearish and 25% bullish. The whales have been targeting a price range from $370.0 to $1000.0 for Broadcom over the last 3 months. The price of AVGO is currently up 0.32% at $896.41, and the next earnings are expected to be released in 34 days.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 2:47 pm

MELI

A significant bearish stance has been taken on MercadoLibre (NASDAQ:MELI) as indicated by unusual options activity. The sentiment among big-money traders is split between 43% bullish and 56% bearish. Whales have been targeting a price range from $1000.0 to $1260.0 for MercadoLibre over the last 3 months. B of A Securities downgraded its action to Neutral with a price target of $1350 while Jefferies maintained their Hold rating with a price target of $1300.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 2:47 pm

VALE

A significant amount of unusual options activity has been observed for Vale (NYSE:VALE), indicating a bullish stance by a large investor or institution. The overall sentiment of these big-money traders is split between 56% bullish and 43% bearish. The price target for Vale over the last 3 months has been between $10.0 to $20.0. Wolfe Research upgraded its action to Outperform with a price target of $17, while RBC Capital downgraded its action to Outperform with a price target of $15.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 2:46 pm

HZO

Truist Securities analyst Michael Lapides maintains a 'Buy' rating on MarineMax (NYSE:HZO) and raises the price target from $42 to $46.

Portfolio Pulse from richadhand@benzinga.com

July 28, 2023 | 2:45 pm

TMUS

TD Cowen analyst Paul Gallant maintains an Outperform rating on T-Mobile US (NASDAQ:TMUS) and raises the price target from $197 to $210.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 2:45 pm