Streetbeat News

Analyst Ratings

VOYA

Four analysts have provided ratings for Voya Financial (NYSE:VOYA) in the last quarter, with one bullish, two somewhat bullish, and one indifferent. The average 12-month price target for Voya Financial is $83.0, a 1.78% decrease from the previous average price target of $84.50.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 6:00 pm

AEP

American Electric Power's (NYSE:AEP) short percent of float has risen 5.74% since its last report, with 6.64 million shares sold short, which is 1.29% of all regular shares available for trading. It would take traders 1.68 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 2.24%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 6:00 pm

BKNG

Booking Holdings (NYSE:BKNG) has seen an 8.09% rise in its short percent of float since its last report, with 938 thousand shares sold short, representing 2.54% of all regular shares available for trading. It would take traders 2.87 days on average to cover their short positions based on its trading volume. The company's short interest is less than its peer group average of 7.50%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 6:00 pm

CWH

Camping World Holdings (NYSE:CWH) has received four somewhat bullish analyst ratings in the last quarter, with no bearish or indifferent ratings. The average 12-month price target for the company has increased by 21.53% from the previous average of $26.33 to $32.0.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 6:00 pm

GORO

H.C. Wainwright analyst Heiko F. Ihle reiterated a Buy rating on Gold Resource Corporation (GORO), increasing the price target to $3.25 from $3.00. This comes after GORO announced a 33% Y/Y decrease in 2Q23 production results. Despite the decline, the company maintains its 2023 guidance of 30,000 – 31,000 gold equivalent ounces. The analyst expects GORO's ongoing exploration focus and new zone of mineralization to contribute to future operational results. GORO shares are trading higher by 9.9%.

Portfolio Pulse from Nabaparna Bhattacharya

July 17, 2023 | 5:54 pm

FORR

Barrington Research analyst has reiterated an Outperform rating on Forrester Research Inc (NASDAQ:FORR) with a price target of $32. The analyst expects Forrester to report 2Q23 non-GAAP EPS of $0.61, a 61% Y/Y decline, and less than the FactSet consensus forecast of $0.73. The analyst also expects Forrester to report 2Q23 adjusted EBITDA of $19.1 million and revenue of $126.4 million, both less than the FactSet consensus forecast. The company's weak research subscription bookings in 1Q were due to economic headwinds, client losses, and longer sales cycles for Forrester Decisions, the company’s new research platform.

Portfolio Pulse from Shivani Kumaresan

July 17, 2023 | 5:53 pm

CVS

A significant bullish stance has been taken on CVS Health (NYSE:CVS) by a large investor, as indicated by unusual options trading activity. The sentiment among these big-money traders is 76% bullish and 23% bearish. The whales have been targeting a price range from $60.0 to $87.5 for CVS Health over the last 3 months. Several financial institutions have maintained their positive ratings on CVS Health, with price targets ranging from $88 to $106.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 5:47 pm

BFAM

BMO Capital Markets analyst Jeffrey M. Silber has downgraded Bright Horizons Family Solutions Inc (NYSE:BFAM) to Market Perform from Outperform with a price target of $99. Silber believes that consensus estimates for 2024 may be too high due to government funding roll-off headwinds. He expects BFAM to recover from the pandemic but thinks the stock may have gotten ahead of itself. Silber estimates adjusted EPS of $2.68 in 2023 vs. consensus of $2.83 and BFAM's guidance of $2.80-$3.00. BFAM shares are trading lower by 3.13% at $92.75.

Portfolio Pulse from Lekha Gupta

July 17, 2023 | 5:36 pm

CMG

Oppenheimer analyst Brian Bittner has reiterated an Outperform rating on Chipotle Mexican Grill, Inc. (CMG), raising the price target to $2,350 from $2,050. Bittner is optimistic about CMG's risk/reward and sees a compelling case for SSS, margin, and EPS upside through 2024. The bullish stance is supported by accelerating unit growth, solid cash flow, and a debt-free balance sheet. Bittner also raised 2023E/2024E EPS to $45.39/$54.87 from previous estimates of $44.03/$53.38.

Portfolio Pulse from Nabaparna Bhattacharya

July 17, 2023 | 5:32 pm

ENPH

RUN

TAN

Sunrun Inc's shares rose by over 10% following a price target increase from Morgan Stanley. The clean-energy company's price target was raised to $39 from $30. The Invesco Solar ETF also traded up by over 4%. Other clean energy stocks, like Enphase Energy Inc, also traded higher.

Portfolio Pulse from Aaron Bry

July 17, 2023 | 5:32 pm