Streetbeat News

Analyst Ratings

ADI

Analyst ratings for Analog Devices (NASDAQ:ADI) over the last quarter have been predominantly bullish, with 10 out of 13 analysts having a bullish or somewhat bullish stance. The average price target is $207.92, indicating an upside from the current price of $189.65. However, this average has decreased by 4.81% from the previous average price target of $218.42.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 9:00 pm

HCCI

Over the past 3 months, 6 analysts have published their opinion on Heritage-Crystal Clean (NASDAQ:HCCI) stock. The company has an average price target of $45.67 with a high of $54.00 and a low of $41.00. The average price target has increased by 2.63% over the past month.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 9:00 pm

WAL

Over the past 3 months, 15 analysts have published their opinion on Western Alliance (NYSE:WAL) stock. The average price target for the stock is $55.87, an increase of 6.66% from the previous average price target of $52.38. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 9:00 pm

HPK

HighPeak Energy (NASDAQ:HPK) has received 4 bearish ratings from analysts in the last quarter, with no bullish or indifferent ratings. The company's average 12-month price target is $8.0, with a high of $10.00 and a low of $6.00. This average has not changed from the previous average price target.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 9:00 pm

RLJ

In the last quarter, RLJ Lodging (NYSE:RLJ) received mixed analyst ratings with 1 bullish, 1 somewhat bullish, and 2 indifferent. The average price target is $13.25, implying an upside from the current price of $9.94. This average has decreased by 1.85% from the previous average price target of $13.50.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 9:00 pm

AXP

A significant amount of unusual options activity has been detected for American Express (NYSE:AXP), with a majority of investors taking a bearish stance. The trades range from $150.0 to $195.0. The current price of AXP is $177.11, with a volume of 3,892,832. Several experts have downgraded their ratings on American Express, with price targets ranging from $146 to $193.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 8:45 pm

MRVL

A large investor has taken a bullish stance on Marvell Tech (NASDAQ:MRVL), with 23 uncommon options trades spotted, split between 56% bullish and 43% bearish. The whales have been targeting a price range from $25.0 to $70.0 for Marvell Tech over the last 3 months. The price of MRVL is currently down -3.67% at $63.22. Several experts have maintained their positive ratings on Marvell Tech, with price targets ranging from $65 to $80.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 8:31 pm

VWE

Vintage Wine Estates (VWE) has provided a business update and preliminary outlook for FY24, expecting revenues of $290 million. The company has announced restructuring benefits and business improvements, including a simplification of business and reduced SKUs, which are expected to drive gross margin expansion. Organizational restructuring and other cost savings are expected to result in a $20 million reduction in SG&A for FY24. Seth Kaufman has been appointed as President and CEO.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 8:29 pm

INDB

Independent Bank (NASDAQ:INDB) reported Q2 earnings of $1.42 per share, beating the analyst consensus estimate of $1.36 by 4.41%. This is a 7.58% increase from the same period last year. The company also reported quarterly sales of $183.30 million, beating the analyst consensus estimate of $182.85 million by 0.25%, a 6.10% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:25 pm

VLO

A significant bearish stance has been taken on Valero Energy (NYSE:VLO) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is split between 38% bullish and 61% bearish. The whales have been targeting a price range from $45.0 to $125.0 for Valero Energy over the last 3 months. The price of VLO is up 2.3% at $120.73. B of A Securities, Morgan Stanley, and JP Morgan have maintained their positive ratings on Valero Energy with price targets of $160 and $171.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 8:15 pm