Streetbeat News

Analyst Ratings

OWL

Analysts have provided various ratings for Blue Owl Cap (NYSE:OWL) within the last quarter, with 2 bullish, 5 somewhat bullish, and 2 indifferent. The average price target is $15.56, implying an upside from the current price of $11.36. This average has increased by 7.31% from the previous average price target of $14.50.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:01 pm

KKR

In the last quarter, KKR & Co (NYSE:KKR) received 2 bullish, 11 somewhat bullish, and 3 indifferent ratings from 16 analysts. The average price target is $68.41, compared to the current price of $54.985, implying an upside. This average has decreased by 0.44% from the previous average price target of $68.71.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:00 pm

GGG

Over the past 3 months, 4 analysts have published their opinion on Graco (NYSE:GGG) stock. The average 12-month price target for Graco is $83.5, with a high of $89.00 and a low of $75.00. This average price target has increased by 9.15% over the past month.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:00 pm

DINO

HF Sinclair (NYSE:DINO) has received 1 bullish and 5 somewhat bullish ratings from analysts in the last quarter. The average price target is $58.33, representing an upside from the current price of $45.33. This average price target is a 5.42% decrease from the previous average price target of $61.67.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:00 pm

DUOL

KeyBanc Capital Markets analyst Justin Patterson reiterated a Sector Weight rating on Duolingo, Inc. (NASDAQ:DUOL), noting the company's shift towards gamification and away from the EdTech business. Duolingo's Daily Active Users (DAUs) are projected to double from 2021 to 2023, reaching 20 million by year-end. Duolingo leads in app downloads over rival language apps like Babbel. The recently launched Duolingo Max, leveraging GPT-4 from OpenAI, is expected to enhance the learning experience and potentially lift 2024 revenue projections by 1% for each 1% of subscribers that adopt it. However, the analyst is cautious about the rollout speed, additional features, and pricing changes of Max.

Portfolio Pulse from Nabaparna Bhattacharya

July 10, 2023 | 7:00 pm

CNK

Benchmark analyst Mike Hickey reiterated a Buy rating for Cinemark Holdings Inc (CNK) with a $19 price target. Hickey expects CNK to release 2Q FY23 results on August 4, with revenues and AEBITDA increasing by 11% and 20% respectively. The domestic box office (DBO) exceeded expectations in the quarter, leading to raised growth targets. Despite the gradual recovery, Hickey believes the DBO will exceed pre-pandemic performance in the long term. CNK shares traded higher by 3.39% at $16.16.

Portfolio Pulse from Anusuya Lahiri

July 10, 2023 | 6:59 pm

CHKP

CRWD

FTNT

Shares of Fortinet, Check Point and CrowdStrike are trading higher after Morgan Stanley highlighted the companies as having 'favorable setups'.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 6:58 pm

BTCUSD

Standard Chartered predicts Bitcoin (BTC) could reach $50,000 this year and $120,000 by the end of 2024. The bank believes the rising value of Bitcoin could incentivize miners to accumulate more units. Despite an 80% growth in Bitcoin's value since the start of the year, its current value of around $30,200 is significantly less than its previous peak of $69,000 in November 2021. The bank's prediction is based on the idea that Bitcoin miners would need to sell fewer Bitcoin to cover their operational costs.

Portfolio Pulse from Murtuza Merchant

July 10, 2023 | 6:47 pm

DB

Societe Generale analyst Andrew Lim has downgraded Deutsche Bank from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 6:43 pm

BEN

Franklin Resources' stock is trading higher following BMO's assumption of coverage with a Market Perform rating and a raised price target of $24.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 6:43 pm