Streetbeat News

Analyst Ratings

CNP

CenterPoint Energy (NYSE:CNP) has received various analyst ratings in the last quarter, with 3 bullish, 2 somewhat bullish, and 1 indifferent. The average price target is $32.33, indicating an upside from the current price of $29.455. This average has increased by 4.29% from the previous target of $31.00.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 8:01 pm

PRU

In the last quarter, Prudential Financial (NYSE:PRU) received 8 indifferent ratings and 1 somewhat bearish rating from analysts. The company's average 12-month price target is $94.33, a decrease of 6.08% from the previous average price target of $100.44.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 8:01 pm

VLY

Over the past 3 months, 4 analysts have published their opinion on Valley Ntl (NASDAQ:VLY) stock. The company has an average price target of $9.75, a decrease of 7.14% from the previous average price target of $10.50. The analysts' ratings are somewhat bullish to indifferent.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 8:01 pm

BE

11 analysts have provided ratings for Bloom Energy (NYSE:BE) in the last quarter, with an average price target of $21.77, implying an upside from the current price of $16.75. The current average has decreased by 11.76% from the previous average price target of $24.67.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 8:00 pm

MTB

M&T Bank (NYSE:MTB) has received various analyst ratings in the last quarter, with 3 bullish, 4 somewhat bullish, and 4 indifferent. The average 12-month price target for the bank, according to 11 analysts, is $149.18, up 1.41% from the previous average of $147.11.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 8:00 pm

PPL

Four analysts have provided ratings for PPL Corp (NYSE:PPL) in the last quarter, with one being bullish and three somewhat bullish. The average price target is $31.0, compared to PPL's current price of $26.255, implying an upside. This average represents a 1.59% decrease from the previous average price target of $31.50.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 8:00 pm

AMZN

BIIB

MSFT

TSLA

UPS

The June jobs report showed mixed data, with unemployment dropping to 3.6% but job additions falling short of expectations. Traders are expecting a Fed interest rate hike in July, but weaker job market numbers decrease the likelihood of a consecutive hike in September. The ongoing US-China spat is affecting the semiconductor sector, with new restrictions and bans affecting companies like Amazon and Microsoft. The FDA approved a new Alzheimer's drug by Eisai Co and Biogen. UPS is facing potential labor issues, and Tesla reported strong Q2 deliveries. Earnings reports from several major companies are expected next week.

Portfolio Pulse from Natan Ponieman

July 07, 2023 | 7:52 pm

ABBV

A significant investor has taken a bearish stance on AbbVie (NYSE:ABBV), with 72% of recent trades being bearish and 27% bullish. The total amount for put options is $676,670 and for call options is $321,586. The targeted price range for AbbVie over the last 3 months is from $100.0 to $165.0. The current price of ABBV is down -1.01% at $135.86. Next earnings are expected in 20 days.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 7:48 pm

PLUG

Plug Power shares are trading higher due to overall market strength and optimism in the EV sector following recent delivery results. Citigroup has initiated coverage on the stock with a Buy rating.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 7:40 pm

HCA

HCA Healthcare's short percent of float has risen 37.17% since its last report, with 3.17 million shares sold short, which is 1.55% of all regular shares available for trading. It would take traders 2.77 days to cover their short positions on average. The company's short interest is less than its peer group average of 5.66%.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 7:31 pm