Streetbeat News

Analyst Ratings

TIXT

Barclays analyst Ramsey El-Assal has downgraded TELUS Intl (NYSE:TIXT) from Overweight to Equal-Weight and lowered the price target from $23 to $15.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 2:25 pm

MKSI

Wells Fargo analyst Joe Quatrochi has maintained an Equal-Weight rating on MKS Instruments (NASDAQ:MKSI) and raised the price target from $90 to $105.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:25 pm

SPOT

Wells Fargo analyst Steven Cahall has maintained an 'Overweight' rating on Spotify Technology (NYSE:SPOT) and raised the price target from $180 to $250.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:24 pm

NFLX

Netflix's stock has seen a steady increase of 2.20% this month following a 10.70% growth in the previous month, with a year-to-date surge of over 50%. JP Morgan has raised its stock price target for Netflix from $470 to $495, backed by continuous growth in Netflix's subscriber numbers. Analysts predict an addition of 21 million subscribers for Netflix over the year, with a crackdown on password sharing potentially contributing to this increase.

Portfolio Pulse from Zaheer Anwari

July 14, 2023 | 2:24 pm

GKOS

Wells Fargo analyst Larry Biegelsen has maintained an Equal-Weight rating on Glaukos (NYSE:GKOS) and raised the price target from $63 to $75.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:23 pm

DFLI

PRFX

PTPI

RIVN

RXRX

Benzinga's Stock Whisper Index highlights five stocks that warrant attention. This week's stocks include Rivian Automotive (RIVN), which saw a 70% rise in shares due to strong Q2 production and delivery numbers; Recursion Pharmaceuticals (RXRX), which announced a $50 million investment by Nvidia Corporation (NVDA); Dragonfly Energy Holdings Corp (DFLI), which saw a small rally after announcing that nuCamp RV will use its products as standard equipment; Petros Pharmaceuticals (PTPI), which recently announced a $15 million private placement; and PainReform (PRFX), which saw a 40% rise in shares year-to-date.

Portfolio Pulse from Chris Katje

July 14, 2023 | 2:17 pm

TSM

Susquehanna analyst Mehdi Hosseini maintains a positive outlook on Taiwan Semiconductor (NYSE:TSM) and raises the price target from $128 to $135.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 2:17 pm

SCHW

A significant amount of bearish options activity has been detected for Charles Schwab (NYSE:SCHW), with 66% of investors opening trades with bearish expectations. The targeted price range for Charles Schwab over the last 3 months is $55.0 to $65.0. The current price of SCHW is $59.9, down -0.05%. RSI indicators suggest the stock may be overbought. Next earnings are expected in 4 days. Analysts' price targets range from $60 to $73.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:16 pm

HUM

A significant bullish stance has been taken on Humana (NYSE:HUM) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 68% bullish and 31% bearish. The price target for Humana over the last 3 months has been between $420.0 to $465.0. Wells Fargo and Mizuho have maintained their Overweight and Buy ratings on Humana respectively, while RBC Capital and JP Morgan have downgraded their actions.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:16 pm

ADBE

A significant bearish stance has been taken on Adobe (NASDAQ:ADBE) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is 26% bullish and 73% bearish. The whales have been targeting a price range from $360.0 to $620.0 for Adobe over the last 3 months. Adobe's current price is $520.57, up 0.64%. Analysts from Goldman Sachs, Piper Sandler, BMO Capital, Mizuho, and RBC Capital have maintained their ratings on Adobe, with price targets ranging from $520 to $572.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:16 pm