Streetbeat News

Analyst Ratings

STM

Jefferies analyst Mark Lipacis has upgraded STMicroelectronics (NYSE:STM) from Underperform to Hold.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:53 pm

LBRT

Stifel analyst Stephen Gengaro has maintained a 'Buy' rating on Liberty Energy (NYSE:LBRT) but lowered the price target from $28 to $26.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:52 pm

PANW

Unusual options activity has been observed for Palo Alto Networks (NASDAQ:PANW), with a bearish stance taken by a large investor. The overall sentiment of these big-money traders is split between 37% bullish and 62% bearish. The price of PANW is down -3.14% at $242.38. Analysts from BTIG, Morgan Stanley, RBC Capital, JP Morgan, and Mizuho have maintained their ratings on PANW, with price targets ranging from $230 to $307.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:50 pm

C

A significant amount of unusual options activity has been observed for Citigroup (NYSE:C), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is between $40.0 and $57.5. The current price of Citigroup's stock is $47.91, up 2.97%. Analysts from Jefferies, Morgan Stanley, RBC Capital, and Wells Fargo have given varied ratings and price targets for the stock.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:50 pm

BAC

A large investor has taken a bearish stance on Bank of America (NYSE:BAC), as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 38% bullish and 61% bearish. The whales have been targeting a price range from $25.0 to $32.0 for Bank of America over the last 3 months. RBC Capital downgraded its action to Outperform with a price target of $35, while Morgan Stanley and Citigroup maintained their ratings with price targets of $33 and $31 respectively.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:50 pm

HAL

Stifel analyst Stephen Gengaro has maintained a 'Buy' rating on Halliburton (NYSE:HAL) but lowered the price target from $49 to $48.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:50 pm

BAX

Stifel analyst Rick Wise has maintained a 'Buy' rating on Baxter Intl (NYSE:BAX) and raised the price target from $54 to $56.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:49 pm

AZEK

Stifel analyst Stanley Elliott maintains a 'Buy' rating on AZEK Co (NYSE:AZEK) and raises the price target from $29 to $36.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:49 pm

AMD

TD Cowen has raised its price target on AMD shares from $115 to $135, leading to a rise in AMD's stock price.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:49 pm

DERM

B. Riley Securities analyst Kalpit Patel maintains a Buy rating on Journey Medical (NASDAQ:DERM) and raises the price target from $3 to $6.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:47 pm