Streetbeat News

Analyst Ratings

SRAD

Sportradar Gr (NASDAQ:SRAD) has received a mix of bullish and indifferent analyst ratings in the last quarter. In the last 3 months, 7 analysts have offered 12-month price targets for Sportradar Gr, with an average price target of $12.57, up by 5.81% from the previous average price target of $11.88.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 6:00 pm

TROW

Over the past 3 months, 4 analysts have published their opinion on T. Rowe Price Gr (NASDAQ:TROW) stock. The average 12-month price target is $103.5, representing a 2.36% decrease from the previous average price target of $106.00. The analysts' opinions are divided with 2 being indifferent and 2 bearish.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 6:00 pm

HD

Home Depot (NYSE:HD) has received a mix of bullish and indifferent analyst ratings over the last quarter, with no bearish ratings. The average 12-month price target for the company, according to 21 analysts, is $321.29, representing a 3.5% decrease from the previous average price target of $332.94.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 6:00 pm

FTI

In the last quarter, TechnipFMC (NYSE:FTI) received 4 bullish analyst ratings and no bearish or indifferent ratings. The company's average 12-month price target is $21.0, which has increased by 12.48% over the past month.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 6:00 pm

BAC

A large investor has taken a bullish stance on Bank of America (NYSE:BAC), with 67% of big-money traders also bullish. The investor has targeted a price range of $20.0 to $40.0 for BAC over the last 3 months. RBC Capital has downgraded its action to Outperform with a price target of $35, while Morgan Stanley maintains an Equal-Weight rating with a price target of $33.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 5:46 pm

QCOM

Ziad Asghar, the senior vice president of product management and head of AI for Qualcomm Technologies (NASDAQ:QCOM), shared insights on the state of artificial intelligence (AI) during a webinar. He emphasized the potential of generative AI and large learning models, and discussed Qualcomm's work to democratize AI by decoupling models from the cloud. Asghar highlighted the benefits of on-device generative AI workloads, including privacy and cost-effectiveness. He also discussed potential use cases for generative AI, including enhancing worker productivity and improving experiences in the automotive sector.

Portfolio Pulse from Michael Cohen

July 14, 2023 | 5:45 pm

DAL

Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating on Delta Air Lines Inc (DAL) and raised the price target from $70 to $77. The company reported 2Q23 EPS of $2.68, above consensus, and Adjusted Operating Revenues of $14.613 billion, also above consensus. The analyst believes the current long-term EPS target of $7 is likely achieved and the next stop should be a $10 EPS target by 2025/26. Despite the stock’s nearly 50% YTD run-up, the analyst thinks it can still double in the next couple of years.

Portfolio Pulse from Shivani Kumaresan

July 14, 2023 | 5:40 pm

PLUG

Northland Capital Markets analyst Abhishek Sinha upgraded Plug Power Inc (NASDAQ:PLUG) to Outperform from Market Perform and revised up the price target to $22. Sinha expects the company to achieve a break-even margin by the end of the year and generate cash flow next year. The company recently secured a new electrolyzer deal in Europe, which is expected to boost margins and revenues. PLUG shares are trading higher by 1.62% at $12.16.

Portfolio Pulse from Lekha Gupta

July 14, 2023 | 5:38 pm

DHI

A significant investor has taken a bearish stance on D.R. Horton (NYSE:DHI), with 70% of recent trades being bearish. The targeted price range for D.R. Horton over the last 3 months is $120.0 to $135.0. The current price of DHI is up 2.09% at $129.1. Citigroup and Goldman Sachs have maintained their Buy and Neutral ratings on D.R. Horton, respectively, with price targets of $140 and $126.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 5:31 pm

COST

A significant bullish stance on Costco Wholesale (NASDAQ:COST) has been observed, with 17 uncommon options trades spotted. The sentiment among these big-money traders is 70% bullish and 29% bearish. The whales have been targeting a price range from $280.0 to $580.0 for Costco Wholesale over the last 3 months. Telsey Advisory Group and Baird maintain their Outperform rating on Costco Wholesale, while Citigroup downgraded its action to Neutral.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 5:31 pm