Streetbeat News

Analyst Ratings

Wells Fargo analyst Dori Kesten maintains an Equal-Weight rating on Hersha Hospitality (NYSE:HT) and raises the price target from $6.5 to $7.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:57 pm

DRH

Wells Fargo analyst Dori Kesten maintains an Overweight rating on Diamondrock Hospitality (NYSE:DRH) and raises the price target from $9 to $10.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:55 pm

TSLA

A significant amount of unusual options activity has been detected for Tesla (NASDAQ:TSLA), with a bearish stance being taken by a majority of investors. Of the 70 strange trades detected, 57% were bearish and 42% were bullish. The total amount for puts was $3,055,481 and for calls was $2,565,987. Whales have been targeting a price range from $205.0 to $450.0 for Tesla over the last 3 months. The price of TSLA is currently up 1.85% at $274.77.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:52 pm

Morgan Stanley analyst Michael Cyprys has reiterated an Equal-Weight rating on WisdomTree (NYSE:WT) and maintained a $7.5 price target.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:51 pm

WSO

Morgan Stanley analyst Joshua Pokrzywinski maintains an Underweight rating on Watsco (NYSE:WSO) and raises the price target from $289 to $323.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:50 pm

GWW

Morgan Stanley analyst Stephen Grambling maintains an Underweight rating on W.W. Grainger (NYSE:GWW) and raises the price target from $600 to $647.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:49 pm

ATVI

AVGO

BRK-A

COIN

COTY

DIS

DPZ

GOOG

HYMTF

IBM

MSFT

NVO

TAK

Disney is considering different strategies for its Star India business, which could include partnering with another company or even selling it. Kim Kardashian is reportedly in negotiations to buy back the minority stake in her beauty company, SKKN BY KIM, from Coty Inc. KPMG is reportedly looking to invest around $2 billion in AI and cloud services across its global business lines over the next five years. CVS's Caremark business experienced a halt in prescription processing. Ark Invest sold 135,152 shares of Coinbase Global Inc. Faraday Future Intelligent Electric flagged errors in its previously issued financial statements. The European Commission has fined Illumina Inc and Grail Inc for implementing their proposed merger before approval. Activision Blizzard Inc stock is trading lower amid reports of a possible new investigation on the Microsoft Corp takeover deal. Broadcom Inc won conditional approval from the European Commission to complete its acquisition of VMware. Domino's Pizza Inc entered a new global agreement with Uber Technologies Inc. Takeda Pharmaceutical Co Ltd is voluntarily withdrawing its marketing application for its dengue vaccine. Google quietly ditched its AI-powered mobile chatbot app, Bubble Characters. Warren Buffett's Berkshire Hathaway stood to make a profit of over $1 billion following the court's decision to allow Microsoft Corp to proceed with its acquisition of Activision Blizzard. IBM is weighing the use of artificial intelligence chips designed in-house to lower the costs of operating a cloud computing service. Novo Nordisk A/S's weight-loss drug, Wegovy, saw a significant drop in adherence compared to what was reported in clinical trials. Microsoft Corp has revealed that a China-based hacking group, Storm-0558, breached email accounts linked to government agencies in Western Europe. Hyundai Motor Company unionized workers at its plants across South Korea reportedly staged the first strike in five years against the government's labor policies.

Portfolio Pulse from Vandana Singh

July 12, 2023 | 1:48 pm

VRTS

Morgan Stanley analyst Michael Cyprys has maintained an Underweight rating on Virtus Inv (NASDAQ:VRTS) and raised the price target from $150 to $153.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:48 pm

VCTR

Morgan Stanley analyst Michael Cyprys has maintained an 'Underweight' rating on Victory Capital Holdings (NASDAQ:VCTR) and raised the price target from $24 to $25.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:46 pm

Morgan Stanley analyst Joshua Pokrzywinski has reiterated an Overweight rating on Trane Technologies (NYSE:TT) and maintained a $210 price target.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:45 pm