Streetbeat News

Analyst Ratings

WEC

Guggenheim analyst Shahriar Pourreza has maintained a Neutral rating on WEC Energy Group (NYSE:WEC) and lowered the price target from $99 to $94.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 4:35 pm

RHUHF

National Bank Financial Inc's analyst Zachary Evershed has maintained an 'Outperform' rating on Richelieu Hardware (OTC:RHUHF) but lowered the price target from C$49 to C$48.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 4:33 pm

MELI

A significant investor has taken a bearish stance on MercadoLibre (NASDAQ:MELI), with 63% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $1000.0 to $1400.0 for MercadoLibre over the last 3 months. The price of MELI is up 1.46% at $1170.47. Citigroup has maintained their Buy rating on MercadoLibre, with a price target of $1500.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 4:32 pm

CDNAF

TD Securities analyst Brian Morrison has maintained a 'Buy' rating on Canadian Tire Corp (OTC:CDNAF) but lowered the price target from C$215 to C$210.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 4:30 pm

AVA

Guggenheim analyst Shahriar Pourreza has maintained a 'Sell' rating on Avista (NYSE:AVA) and lowered the price target from $35 to $33.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 4:28 pm

ALE

Guggenheim analyst Shahriar Pourreza has maintained a 'Sell' rating on ALLETE (NYSE:ALE) and lowered the price target from $54 to $49.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 4:27 pm

MRVL

NVDA

SMH

TSM

US Treasury Secretary Janet Yellen criticized China's 'unfair' economic system during her inaugural diplomatic visit, accusing it of undermining the competitiveness of US companies. Despite this, she stressed the goal of her visit was to revive economic and trade discussions. Following her comments, US semiconductor stocks rose, with the VanEck Semiconductor ETF (SMH) up 0.9%, NVIDIA Corp. (NVDA) gaining 1.7%, Marvell Technology, Inc. (MRVL) rising by 1.5%, and Taiwan Semiconductor Manufacturing Company (TSM) up 1.5%.

Portfolio Pulse from Piero Cingari

July 07, 2023 | 4:25 pm

AEP

Guggenheim analyst Shahriar Pourreza has maintained a 'Buy' rating on American Electric Power (AEP), but lowered the price target from $105 to $96.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 4:25 pm

AEE

Guggenheim analyst Shahriar Pourreza has maintained a Neutral rating on Ameren (NYSE:AEE) and lowered the price target from $89 to $85.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 4:23 pm

HUM

A whale investor has taken a bullish stance on Humana (NYSE:HUM), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $385.0 to $465.0 for Humana over the last 3 months. The price of HUM is currently down -1.38% at $434.9. RSI indicators suggest that the stock may be oversold. Humana's next earnings are expected to be released in 26 days.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 4:17 pm