Streetbeat News

Analyst Ratings

URI

United Rentals (NYSE:URI) has seen unusual options activity, with 70% of investors taking a bearish stance. Whales have been targeting a price range from $290.0 to $500.0 for United Rentals over the last 3 months. The price of URI is up 0.33% at $451.68. UBS, Keybanc, Goldman Sachs, and Citigroup have maintained their Buy or Overweight ratings on United Rentals, with price targets ranging from $500 to $527.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:16 pm

DASH

A significant bullish stance has been taken on DoorDash (NYSE:DASH) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is 70% bullish and 30% bearish. Whales have been targeting a price range from $65.0 to $105.0 for DoorDash over the last 3 months. Jefferies has maintained their Underperform rating on DoorDash, with a price target of $65.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:16 pm

FRSH

JP Morgan analyst Pinjalim Bora maintains an Overweight rating on Freshworks (NASDAQ:FRSH) and raises the price target from $16 to $18.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:14 pm

FROG

JP Morgan analyst Pinjalim Bora maintains an Overweight rating on JFrog (NASDAQ:FROG) and raises the price target from $29 to $33.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:13 pm

T

AT&T Inc (NYSE:T) shares traded lower after Jim Cramer discouraged investors from investing in the company, citing poor management. Citigroup analyst Michael Rollins maintained a Neutral rating for AT&T and raised the price target from $16 to $17, reflecting the 'uncertain risks' from the industry's legacy use of lead-sheathed cabling. Rollins' price target also includes a scenario estimate for possible lead-based cabling remediation of ~$8.5 billion.

Portfolio Pulse from Anusuya Lahiri

July 25, 2023 | 5:12 pm

CATY

Wedbush analyst David Chiaverini maintains an Outperform rating on Cathay General (NASDAQ:CATY) and raises the price target from $40 to $45.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:09 pm

FND

Wedbush analyst Seth Basham maintains an Outperform rating on Floor & Decor Holdings (NYSE:FND) and raises the price target from $100 to $115.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:08 pm

UPST

Upstart Holdings, Inc. (NASDAQ:UPST) shares are trading higher following positive analyst coverage from BTIG. Analyst Lance Jessurun maintained a Buy rating for Upstart and raised the price target from $42 to $72. The company's shares have seen heavy trading volume, with more than 16 million shares traded in the session. Upstart's shares have risen more than 110% over the last month and more than 320% over the last three months. The company is set to release its second-quarter financial results on Aug. 8.

Portfolio Pulse from Erica Kollmann

July 25, 2023 | 5:04 pm

TEAM

Atlassian's stock price target has been raised from $130 to $165 by Barclays, leading to a surge in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:04 pm

NOVN

VRCA

The FDA has approved Verrica Pharmaceuticals' Ycanth solution for molluscum contagiosum in patients two years and older. Following this, Needham upgraded Verrica's stock to Buy from Hold with a price target of $10. The analysts believe that the current valuation underappreciates Ycanth's potential to become standard-of-care for molluscum and its potential for wider use in other types of warts. The most near-term potential competitor to Ycanth is a product developed by Novan Inc, which recently filed for bankruptcy.

Portfolio Pulse from Vandana Singh

July 25, 2023 | 5:04 pm