Streetbeat News

Analyst Ratings

GOOGL

Unusual options activity has been observed for Alphabet (NASDAQ:GOOGL), with 14 options trades spotted, split between 50% bullish and 50% bearish. The options indicate a targeted price range of $100.0 to $180.0 for Alphabet over the last 3 months. The current price of GOOGL is up 0.05% at $125.48. Several financial institutions have maintained or downgraded their ratings on Alphabet, with price targets ranging from $128 to $172.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 2:16 pm

NOV

Morgan Stanley analyst Elizabeth Porter has reiterated an Overweight rating on NOV (NYSE:NOV) and maintained a $22 price target.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:16 pm

NBR

Morgan Stanley analyst Daniel Kutz has maintained an Equal-Weight rating on Nabors Industries (NYSE:NBR) and lowered the price target from $165 to $160.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:15 pm

MCD

Morgan Stanley analyst John Glass has maintained an Overweight rating on McDonald's (NYSE:MCD) and raised the price target from $315 to $320.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:15 pm

CHWY

Chewy, Inc. (NYSE:CHWY) shares are experiencing volatility after Goldman Sachs upgraded the stock from Neutral to Buy, with a price target of $50. The stock is trading on above average volume, with over 4 million shares traded in Monday's session. Chewy is currently one of the top trending tickers on StockTwits and Yahoo! Finance, and has a significant short interest with more than 23% of shares being sold short.

Portfolio Pulse from Erica Kollmann

July 17, 2023 | 2:14 pm

MAXN

Morgan Stanley analyst David Nierengarten has maintained an Equal-Weight rating on Maxeon Solar Technologies (NASDAQ:MAXN) and lowered the price target from $32 to $30.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:14 pm

TSLA

Tesla shares are trading higher following positive analyst coverage and the announcement of the first Cybertruck production. Wells Fargo and Wedbush analysts maintained positive ratings for Tesla and raised their price targets. The company is expected to start Cybertruck deliveries in Q3. Tesla is also set to report Q2 financial results, with expected earnings of 81 cents per share on quarterly revenue of $24.53 billion.

Portfolio Pulse from Adam Eckert

July 17, 2023 | 2:13 pm

CMG

Chipotle Mexican Grill's stock is trading higher after Oppenheimer maintained an Outperform rating and raised its price target from $2,050 to $2,350. Morgan Stanley also raised its price target from $1,910 to $2,025.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:12 pm

LBRT

Morgan Stanley analyst Connor Lynagh has maintained an Equal-Weight rating on Liberty Energy (NYSE:LBRT) and kept the price target at $18.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:12 pm

DNUT

Morgan Stanley analyst John Glass has reiterated an Equal-Weight rating on Krispy Kreme (NASDAQ:DNUT) and maintained a $14 price target.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:11 pm