Streetbeat News

Analyst Ratings

CARG

Over the past 3 months, 10 analysts have published their opinion on CarGurus (NASDAQ:CARG) stock. The average price target is $23.4, implying an upside from the current price of $22.72. The average price target has increased by 17.82% over the past month.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 8:00 pm

COTY

Analysts have provided various ratings for Coty (NYSE:COTY) within the last quarter, with 4 bullish, 2 somewhat bullish, and 6 indifferent. The average 12-month price target for Coty is $13.15, which has increased by 9.58% over the past month.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 8:00 pm

MNST

In the last quarter, Monster Beverage (NASDAQ:MNST) received a total of 10 analyst ratings, with 8 being bullish or somewhat bullish, and 2 being indifferent. The average 12-month price target for the company is $62.4, a decrease of 2.24% from the previous average of $63.83.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 8:00 pm

LULU

Analysts have provided mostly bullish ratings for Lululemon Athletica (NASDAQ:LULU) in the last quarter. According to 17 analysts, Lululemon Athletica has an average 12-month price target of $432.88, an increase of 2.91% from the previous average price target of $420.62.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 8:00 pm

SOFI

Stephens & Co. analyst Vincent Caintic initiated coverage on SoFi Technologies, Inc. (NASDAQ:SOFI) with an Equal-Weight rating and a price target of $7. Caintic expressed concern over the company's high expense ratio, particularly its marketing expenses which are around 36% of revenues. The company is set to report Q2 earnings on July 31, with an expected loss of six cents per share and revenue of $478.78 million.

Portfolio Pulse from Ryan Gustafson

July 25, 2023 | 7:56 pm

ATVI

EA

MSFT

Benchmark analyst Mike Hickey has maintained a Buy rating for Electronic Arts Inc (EA) and raised the price target from $150 to $159. Hickey predicts medium-term growth for EA, driven by the success of Star Wars Jedi Survivor and a strong product cycle. He also suggests that EA could be a prime candidate for acquisition if Microsoft's purchase of Activision Blizzard leads to further consolidation in the gaming industry.

Portfolio Pulse from Anusuya Lahiri

July 25, 2023 | 7:55 pm

KOD

Kodiak Sciences Inc (NASDAQ:KOD) has been downgraded to Neutral from Buy by Chardan Global Insights analyst Daniil Gataulin following the failure of its GLEAM and GLIMMER studies. The studies were part of the company's regulatory and clinical development strategy for tarcocimab tedromer, a novel antibody biopolymer conjugate. As a result, Kodiak has decided to discontinue KSI-301 development. The company's shares are trading lower by 5.07%.

Portfolio Pulse from Nabaparna Bhattacharya

July 25, 2023 | 7:46 pm

ETN

Eaton Corp's (NYSE:ETN) short percent of float has fallen 15.33% since its last report, with 4.60 million shares sold short, which is 1.16% of all regular shares available for trading. It would take traders 1.82 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 11.02% for its peer group.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 7:45 pm

HSY

Hershey's (NYSE:HSY) short percent of float has fallen 15.26% since its last report, with 3.44 million shares sold short, which is 2.61% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Hershey's stock.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 7:45 pm

QCOM

Qualcomm's (NYSE:QCOM) short percent of float has fallen 19.3% since its last report, with 10.24 million shares sold short, which is 0.92% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Qualcomm. Compared to its peers, Qualcomm has less short interest as a percentage of float, with an average of 4.81%.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 7:45 pm