Streetbeat News

Analyst Ratings

UNH

UnitedHealth Group Inc (NYSE:UNH) announced its Q2 earnings, which led to an increase in its share price. Bernstein analyst Lance Wilkes upgraded the rating on UnitedHealth from Market-Perform to Outperform and raised the price target from $595 to $603. Wilkes believes that the current valuation of the stock does not reflect the company’s long-term growth prospects.

Portfolio Pulse from Priya Nigam

July 18, 2023 | 3:09 pm

IWM

RUN

Sunrun Inc's shares are trading higher, up more than 6% following a strong Monday session. Morgan Stanley analyst Stephen Byrd maintained an 'overweight' rating on the clean-energy company and raised its price target to $39 from $30. The stock is also higher amid overall strength in small-cap stocks, with the iShares Russell 2000 ETF outperforming all major indices.

Portfolio Pulse from Aaron Bry

July 18, 2023 | 3:04 pm

C

Oppenheimer analyst Chris Kotowski upgraded Citigroup, Inc (NYSE:C) to an Outperform rating and increased the price target from $84 to $88. Citigroup's Q2 2023 results beat Street consensus, with a 1% YoY decline in net revenue to $19.44 billion, beating the estimated $19.27 billion. The bank also completed a billion dollars worth of share buy-backs over the last quarter. Citigroup's dividend yield of 4.28% provides an opportunity for income-focused investors.

Portfolio Pulse from AJ Fabino

July 18, 2023 | 3:03 pm

CPT

Camden Prop Trust (NYSE:CPT) has received mixed analyst ratings in the last quarter, with 3 bullish, 3 somewhat bullish, and 3 indifferent ratings. The average 12-month price target for the company, according to 9 analysts, is $127.22, a decrease of 3.72% from the previous average of $132.14.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:03 pm

AMAT

A significant bearish stance has been taken on Applied Mat (NASDAQ:AMAT) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 27% bullish and 72% bearish. Whales have been targeting a price range from $120.0 to $140.0 for Applied Mat over the last 3 months. Mizuho downgraded its action to Buy with a price target of $140 while Citigroup maintained their Buy rating with a price target of $170.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:02 pm

ISRG

A significant amount of unusual options activity has been observed for Intuitive Surgical (NASDAQ:ISRG), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is between $245.0 and $350.0. The current price of ISRG is down -0.9% at $350.67. Citigroup and RBC Capital have maintained their Buy and Outperform ratings respectively, with price targets of $400 and $355.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:02 pm

ALB

Over the last quarter, 17 analysts have provided ratings for Albemarle (NYSE:ALB), with the majority being somewhat bullish. The average 12-month price target for Albemarle is $250.18, a decrease of 5.87% from the previous average price target of $265.79.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:02 pm

RCL

13 analysts have provided ratings for Royal Caribbean Gr (NYSE:RCL) in the last quarter. The average price target is $96.08, implying a downside from the current price of $100.08. The average price target has increased by 13.64% over the past month.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:02 pm

ESTC

Elastic (NYSE:ESTC) has received various analyst ratings in the last quarter, with 5 bullish, 6 somewhat bullish, and 4 indifferent. The average price target is $76.53, indicating an upside from the current price of $67.68. This target has increased by 10.02% over the past month.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:01 pm

LNW

Light & Wonder (NASDAQ:LNW) has received mostly bullish analyst ratings in the last quarter, with 3 bullish, 2 somewhat bullish, and 1 indifferent. Over the past 3 months, 6 analysts have offered 12-month price targets for the company, with an average target of $72.0, a high of $81.00, and a low of $62.00. The average price target has increased by 2.86% over the past month.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:00 pm