Streetbeat News

Analyst Ratings

PTC

Over the past 3 months, 10 analysts have published their opinion on PTC (NASDAQ:PTC) stock. The average price target is $155.6, implying an upside from the current price of $144.38. The current average has increased by 1.17% from the previous average price target of $153.80.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:01 pm

AVGO

Broadcom (NASDAQ:AVGO) has received mostly bullish ratings from analysts in the last quarter, with 21 out of 23 ratings being bullish or somewhat bullish. The average 12-month price target for the company has increased by 15.73% from the previous average, now standing at $861.39.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:00 pm

PENN

Over the past 3 months, 15 analysts have published their opinion on PENN Entertainment (NASDAQ:PENN) stock. The average price target for PENN Entertainment is $35.27, a decrease of 3.37% from the previous average price target of $36.50. The majority of the analysts are either bullish or indifferent about the stock.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:00 pm

SBUX

Starbucks (NASDAQ:SBUX) has received various analyst ratings in the last quarter, with 2 bullish, 10 somewhat bullish, and 7 indifferent. Over the past 3 months, 19 analysts have offered 12-month price targets for Starbucks, with an average price target of $116.63, a decrease of 0.03% from the previous average price target of $116.67.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:00 pm

MKSI

Analysts have provided bullish ratings for MKS Instruments (NASDAQ:MKSI) in the last quarter. In the last 3 months, 6 analysts have offered 12-month price targets for MKS Instruments, with an average price target of $108.5, an increase of 1.4% from the previous average price target of $107.00.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:00 pm

CRM

A significant number of investors have taken a bearish stance on Salesforce (NYSE:CRM), with 56% of detected trades showing bearish expectations. The targeted price range for Salesforce over the last 3 months is $165.0 to $250.0. The current price of CRM is down -0.82% at $228.48. Several financial institutions have maintained or downgraded their ratings on Salesforce, with price targets ranging from $240 to $255.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 7:46 pm

TGT

A whale investor has taken a bullish stance on Target (NYSE:TGT), with 52% of investors opening trades with bullish expectations and 47% with bearish. The whale has been targeting a price range from $100.0 to $160.0 for Target over the last 3 months. TD Cowen has maintained their Outperform rating on Target, with a price target of $166. The price of TGT is currently down -1.58% at $130.72.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 7:20 pm

PNC

A significant bearish stance has been taken on PNC Financial Services Group (NYSE:PNC) by a large investor, as observed in the options history. The sentiment among these big-money traders is 75% bearish and 25% bullish. The whales have been targeting a price range from $100.0 to $135.0 for PNC over the last 3 months. The price of PNC is currently down by 2.55% at $126.48. Morgan Stanley has downgraded its action to Underweight with a price target of $137.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 7:20 pm

AR

Benchmark analyst Subash Chandra reiterated a Buy rating on Antero Resources Corporation (AR), but lowered the price target to $32 from $36. The company's Q2 earnings release is due on July 26, 2023. The analyst lowered the realized gas and NGL price expectations to $2.15/$24 from $2.60/$28 and expects AR to outspend $190 million this quarter. However, the analyst expects natural gas prices to trend higher into the heating season and a rebound in product prices could coincide with a seasonal decline in capex.

Portfolio Pulse from Nabaparna Bhattacharya

July 14, 2023 | 7:15 pm

NFLX

Wedbush analyst Michael Pachter reiterated Netflix Inc (NASDAQ: NFLX) with an Outperform and a $475 price target. Pachter believes that Netflix's ad-supported tier and password-sharing crackdown will boost profitability and cash generation. He also expects the company's free cash flow (FCF) to grow steadily, particularly if average revenue per user (ARPU) rises due to the password-sharing crackdown and higher cost per thousand impressions (CPMs) from the ad-tier. Despite a recent dip in NFLX shares, Pachter maintains his Q2 estimates for revenue of $8.242 billion.

Portfolio Pulse from Anusuya Lahiri

July 14, 2023 | 7:09 pm