Streetbeat News

Analyst Ratings

ITCI

Needham has maintained its Buy rating for Intra-Cellular Therapies (NASDAQ:ITCI) and increased its price target from $70.00 to $73.00. Shares of Intra-Cellular Therapies have risen by 2.3% over the last 24 hours, trading at $64.94 per share. A move to $73.00 would represent a 12.41% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 5:00 pm

VMC

Analysts have provided various ratings for Vulcan Materials (NYSE:VMC) in the last quarter, with a total of 9 analysts offering 12-month price targets. The average price target for the company is $215.33, with a high of $235.00 and a low of $186.00. This average price target has increased by 7.01% over the past month.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 5:00 pm

AI

META

NVDA

SPY

Goldman Sachs has issued a note discussing the potential impact of generative AI on U.S. equities. The firm believes that AI could significantly boost productivity and offer upside to equities in the medium to long term. However, it also warns of potential risks, such as equity bubbles and policy responses that could limit companies' ability to retain additional profits. The note mentions stocks such as C3.ai Inc (AI), Meta Platforms Inc (META), Nvidia Corp (NVDA), and SPDR S&P 500 ETF Trust (SPY).

Portfolio Pulse from AJ Fabino

July 06, 2023 | 4:53 pm

PLUG

Citigroup has initiated coverage on Plug Power with a Buy rating and a price target of $13. However, Plug Power shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 4:52 pm

FIS

Wolfe Research analyst Darrin Peller has reiterated Fidelity National Info (NYSE:FIS) with a Peer Perform rating.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 4:50 pm

APLD

Applied Digital (APLD) has responded to a short report issued earlier, stating that they 'strongly disagree' with the conclusions drawn in the report. The company claims that the report contains many inaccurate and misleading claims and that they were never contacted by the author of the report.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 4:49 pm

CAT

A significant bearish stance has been taken on Caterpillar (NYSE:CAT) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $220.0 to $260.0 for Caterpillar over the last 3 months. DA Davidson has downgraded its action to Neutral with a price target of $263.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 4:46 pm

VLO

A significant amount of unusual options activity has been detected for Valero Energy (NYSE:VLO), with a majority of investors taking a bullish stance. The trades range from $65.0 to $115.0 for Valero Energy over the last 3 months. The price of VLO is currently down -2.78% at $113.51. Raymond James and B of A Securities have maintained their Strong Buy and Buy ratings on Valero Energy, respectively, with price targets of $150 and $160.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 4:46 pm

TOL

Oppenheimer analyst Tyler Batory has reiterated an Outperform rating on Toll Brothers (NYSE:TOL) and raised the price target from $80 to $99.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 4:36 pm

GNRC

B of A Securities analyst Julien Dumoulin-Smith has maintained an 'Underperform' rating on Generac Hldgs (NYSE:GNRC) and lowered the price target from $95 to $90.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 4:32 pm