Streetbeat News

Analyst Ratings

NXPI

A significant bearish stance has been taken on NXP Semiconductors (NASDAQ:NXPI) by a large investor, as observed from unusual options activity. The sentiment among these big-money traders is split between 45% bullish and 54% bearish. The whales have been targeting a price range from $185.0 to $220.0 for NXP Semiconductors over the last 3 months. The price of NXPI is up 2.47% at $209.1, and RSI indicators suggest the stock may be approaching overbought. Susquehanna has downgraded its action to Neutral with a price target of $165.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:16 pm

PRI

Truist Securities analyst Mark Hughes has reiterated a Buy rating on Primerica, Inc. (NYSE:PRI), raising the price target to $240 from $220. Hughes sees a meaningful acceleration in transaction volume for Primerica, which is a positive indicator of the company's Q2 fundamentals. The analyst also raised the 2023 and 2024 EPS estimates and the Q2 EPS estimate. The upswing is based on the stronger performance of the S&P 500 impacting the Investment & Savings Product (ISP) segment. Hughes remains optimistic about Primerica's highly-recurring Term Life revenue model and potential to benefit from increased policy demand.

Portfolio Pulse from Nabaparna Bhattacharya

July 10, 2023 | 6:15 pm

BKNG

A significant bearish stance has been taken on Booking Holdings (NASDAQ:BKNG) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 39% bullish and 60% bearish. The whales have been targeting a price range from $2000.0 to $3000.0 for Booking Holdings over the last 3 months. The price of BKNG is up 2.45% at $2701.41. Wedbush and JMP Securities have downgraded their actions on BKNG with price targets of $3060 and $3000 respectively.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:05 pm

OXY

A significant amount of unusual options activity has been observed for Occidental Petroleum (NYSE:OXY), with a roughly equal split between bullish and bearish expectations. The trades include 4 puts totaling $204,060 and 10 calls totaling $1,258,755. Whales have been targeting a price range from $42.0 to $62.5 for Occidental Petroleum over the last 3 months. Piper Sandler maintains a Neutral rating on the company with a price target of $62, while Stephens & Co. has downgraded its action to Overweight with a price target of $72.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:05 pm

SOFI

SoFi Technologies, Inc. (NASDAQ:SOFI) shares are trading higher today. The stock has been volatile since the U.S. Supreme Court blocked Biden's student loan forgiveness program, causing a nearly 10% drop. However, the stock has shown signs of recovery. Over 15% of available shares are currently being sold short. The company has received several price target changes throughout the month, ranging from $3 to $14. SoFi is set to report its Q2 earnings on July 31.

Portfolio Pulse from Ryan Gustafson

July 10, 2023 | 6:02 pm

VC

Over the past 3 months, 6 analysts have published their opinion on Visteon (NASDAQ:VC) stock. The average price target for Visteon has increased by 6.33% from the previous average price target of $138.25 to $147.0. The ratings include 1 bullish, 1 somewhat bullish, 1 indifferent, and 3 somewhat bearish.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:01 pm

VLRS

Analysts have provided bullish ratings for Controladora Vuela (NYSE:VLRS) in the last quarter. In the last 3 months, 4 analysts have offered 12-month price targets for Controladora Vuela, with an average price target of $21.2, an increase of 15.34% from the previous average price target of $18.38.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:00 pm

AA

Over the past 3 months, 11 analysts have published their opinion on Alcoa (NYSE:AA) stock. The average price target is $42.91, implying an upside from the current price of $34.33. This average represents an 8.7% decrease from the previous average price target of $47.00.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:00 pm

DAN

Dana (NYSE:DAN) has received indifferent ratings from five analysts in the last quarter, with no bullish or bearish ratings. The average 12-month price target for Dana is $16.4, an increase of 5.81% from the previous average of $15.5.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:00 pm

FTNT

Fortinet (NASDAQ:FTNT) has received mostly bullish ratings from analysts in the last quarter, with 7 bullish, 6 somewhat bullish, and 3 indifferent ratings. The average 12-month price target for the company is $76.75, which has increased by 9.77% over the past month.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:00 pm