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Analyst Ratings

OLN

Olin Corporation reported Q2 earnings of $1.13 per share, beating the analyst consensus estimate of $1.01 by 11.88%. However, this is a 59.06% decrease from the same period last year. The company's quarterly sales were $1.70 billion, missing the analyst consensus estimate of $1.86 billion by 8.49%, and marking a 34.94% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:07 pm

PTEN

14 analysts have provided ratings for Patterson-UTI Energy (NASDAQ:PTEN) in the last quarter. The average price target is $17.0, implying an upside from the current price of $15.5. This average has decreased by 6.49% from the previous average price target of $18.18.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:01 pm

TEL

TE Connectivity (NYSE:TEL) has received three somewhat bullish and one indifferent analyst ratings in the last quarter. The average 12-month price target for the company, according to four analysts, is $146.25, up 10.17% from the previous average of $132.75.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:01 pm

SLAB

Silicon Laboratories (NASDAQ:SLAB) has received 3 analyst ratings in the last quarter, with 1 somewhat bullish and 2 indifferent. The average 12-month price target for the company is $166.33, representing an 8.44% decrease from the previous average price target of $181.67.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:01 pm

ORCL

Oracle (NYSE:ORCL) has received a mix of bullish and indifferent analyst ratings in the last quarter, with no bearish ratings. The average 12-month price target for Oracle, according to 29 analysts, is $124.48, which has increased by 19.97% over the past month.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:00 pm

COOP

Analysts have provided somewhat bullish ratings for Mr. Cooper Gr (NASDAQ:COOP) in the last quarter, with 3 somewhat bullish ratings and 1 indifferent rating. The company has an average 12-month price target of $63.75, which has increased by 14.35% over the past month.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:00 pm

LOB

Four analysts have given their ratings on Live Oak Bancshares (NYSE:LOB) in the last quarter, with two being bullish and two indifferent. The average price target is $32.5, which is lower than the current price of $36.205, implying a potential downside. The average price target has increased by 17.12% over the past month.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:00 pm

TNET

Needham analyst Kyle Peterson has reiterated a Buy rating on TriNet Group, Inc. (TNET), raising the price target to $120 from $115. Despite a challenging operating environment, TNET posted upbeat 2Q23 results, beating Street estimates. The company's board has approved a $1 billion increase to the share repurchase authorization, and management is exploring ways to repurchase up to $1 billion in stock in FY23. Peterson remains positive on TNET due to its strong momentum and solid positioning as a leading provider of PEO and HR solutions for small and medium-sized businesses.

Portfolio Pulse from Nabaparna Bhattacharya

July 27, 2023 | 7:50 pm

LULU

A significant bearish stance has been taken on Lululemon Athletica (NASDAQ:LULU) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 26% bullish and 73% bearish. The whales have been targeting a price range from $240.0 to $500.0 for Lululemon Athletica over the last 3 months. Keybanc has maintained their Overweight rating on Lululemon Athletica with a price target of $425, while Telsey Advisory Group downgraded its action to Outperform with a price target of $430.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 7:47 pm

QCOM

Shares of Qualcomm Inc (NASDAQ:QCOM) are trading higher by 1.2% following strong Q4 financial results from Lam Research. Lam Research reported adjusted earnings of $5.98 per share, surpassing the analyst consensus estimate of $5.07 by 17.95%. However, this represents a 32.28% decrease compared to earnings of $8.83 per share from the same period last year. The company also reported quarterly sales of $3.21 billion, exceeding the analyst consensus estimate of $3.13 billion by 2.46%.

Portfolio Pulse from Henry Khederian

July 27, 2023 | 7:46 pm