Streetbeat News

Analyst Ratings

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

FTNT

Scotiabank analyst Patrick Colville maintains an Outperform rating on Fortinet (NASDAQ:FTNT) and raises the price target from $80 to $90.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:04 pm

LYV

MMM

MTB

NXPI

CNBC's Halftime Report discussed final trades involving Live Nation Entertainment, M&T Bank Corp, 3M, and NXP Semiconductors. The stocks of these companies were mentioned as potential investment opportunities.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 5:02 pm

DVN

A significant bullish stance has been taken on Devon Energy (NYSE:DVN) 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 split between 50% bullish and 50% bearish. The whales have been targeting a price range from $45.0 to $60.0 for Devon Energy over the last 3 months. Various financial institutions have maintained their ratings on Devon Energy, with price targets ranging from $50 to $77.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:02 pm

RLYB

Over the past 3 months, 4 analysts have published their opinion on Rallybio (NASDAQ:RLYB) stock. The analysts have an average price target of $17.0 versus the current price of Rallybio at $5.74, implying upside. This current average has decreased by 34.62% from the previous average price target of $26.00.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:01 pm

DE

Over the last quarter, Deere (NYSE:DE) has received 15 analyst ratings, with 6 being bullish, 4 somewhat bullish, and 5 indifferent. The company's average 12-month price target is $459.2, a decrease of 4.74% from the previous average of $482.07.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:01 pm

SIX

Analysts have given mixed ratings for Six Flags Entertainment (NYSE:SIX) over the last quarter, with 2 bullish, 2 somewhat bullish, 8 indifferent, and 3 bearish. The average price target is $28.2, indicating an upside from the current price of $23.13. This average has increased by 0.39% from the previous target of $28.09.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:01 pm