Streetbeat News

Analyst Ratings

MA

A whale investor has taken a bearish stance on Mastercard (NYSE:MA), with 83% of the spotted trades being bearish. The whales have been targeting a price range from $320.0 to $450.0 for Mastercard over the last 3 months. The price of MA is up 1.84% at $404.79. Goldman Sachs and Barclays maintain their Buy and Overweight ratings on Mastercard respectively, while Susquehanna, Baird, and Morgan Stanley have downgraded their actions.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:45 pm

CATY

Cathay General (NASDAQ:CATY) reported Q2 earnings of $1.28 per share, beating the analyst consensus estimate of $1.13 by 13.27%. This is an 8.47% increase from the same period last year. The company also reported quarterly sales of $204.64 million, beating the analyst consensus estimate of $196.37 million by 4.21%, a 7.83% increase from the same period last year.

Portfolio Pulse from sunil@benzinga.com

July 24, 2023 | 8:32 pm

NUE

Nucor (NYSE:NUE) reported Q2 earnings of $5.81 per share, beating the analyst consensus estimate of $5.53 by 5.06%. However, this is a 39.92% decrease from the same period last year. The company's quarterly sales were $9.52 billion, missing the analyst consensus estimate of $9.62 billion by 1.01%, and marking a 19.26% decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 24, 2023 | 8:32 pm

DE

A significant bearish stance has been taken on Deere (NYSE:DE) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The whales have been targeting a price range from $350.0 to $500.0 for Deere over the last 3 months. Canaccord Genuity downgraded its action to Buy with a price target of $530, while Citigroup maintained their Buy rating with a price target of $475.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:30 pm

DOW

Unusual options activity has been observed for Dow (NYSE:DOW), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 17 options trades for Dow, with sentiment split between 35% bullish and 64% bearish. Whales have been targeting a price range from $40.0 to $57.5 for Dow over the last 3 months. Barclays, Morgan Stanley, Citigroup, and Mizuho have maintained their ratings on Dow with price targets of $56, $54, $55, and $52 respectively.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:30 pm

KREF

KKR Real Estate Finance (NYSE:KREF) reported Q2 earnings of $0.48 per share, beating the analyst consensus estimate of $0.26 by 84.62%. However, the company's quarterly sales of $43.95 million missed the analyst consensus estimate of $45.86 million by 4.16%, marking a 4.18% decrease from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

July 24, 2023 | 8:27 pm

NXPI

NXP Semiconductors reported Q2 adjusted earnings of $3.43 per share, beating the analyst consensus estimate of $3.27 by 4.89%. However, this is a 2.56% decrease from the same period last year. The company also reported quarterly sales of $3.30 billion, surpassing the analyst consensus estimate of $3.21 billion by 2.77%, but this is a 0.33% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:11 pm

AGNC

AGNC Investment reported Q2 earnings of $0.67 per share, beating the analyst consensus estimate of $0.62 by 8.06%. However, this is a 19.28% decrease from the same period last year. The company's quarterly sales were $(69.00 million), missing the analyst consensus estimate of $378.86 million by 118.21%, a 121.90% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

July 24, 2023 | 8:04 pm

SCHW

A significant bearish stance has been taken on Charles Schwab (NYSE:SCHW) as indicated by unusual options activity. The sentiment among these big-money traders is split between 46% bullish and 53% bearish. The whales have been targeting a price range from $25.0 to $90.0 for Charles Schwab over the last 3 months. The current price of SCHW is $66.42, down by 0.08%. Various experts have maintained their ratings on Charles Schwab with price targets ranging from $60 to $77.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:01 pm

TECK

Over the past 3 months, 13 analysts have published their opinion on Teck Resources (NYSE:TECK) stock. The analysts have given 4 bullish and 9 somewhat bullish ratings, with an average price target of $54.0. The current average price target is unchanged from the previous one.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:00 pm