Streetbeat News

Analyst Ratings

RHI

UBS analyst Joshua Chan maintains a Buy rating on Robert Half International (NYSE:RHI) and raises the price target from $82 to $86.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 2:17 pm

MAN

UBS analyst Joshua Chan maintains a Neutral rating on ManpowerGroup (NYSE:MAN) and raises the price target from $77 to $82.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 2:16 pm

WBA

Walgreens Boots Alliance's (NYSE:WBA) short percent of float has fallen 10.53% since its last report, with 30.40 million shares sold short, which is 4.25% of all regular shares available for trading. It would take traders 4.65 days to cover their short positions on average. The company's short interest is less than its peer group average of 11.23%.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 2:16 pm

CME

CME Group's (NYSE:CME) short percent of float has decreased by 17.14% since its last report, with 4.15 million shares sold short, representing 1.16% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards CME Group. Compared to its peers, CME Group has less short interest as a percentage of float, with an average of 4.47%.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 2:16 pm

ASGN

UBS analyst Joshua Chan has maintained a 'Buy' rating on ASGN (NYSE:ASGN) and raised the price target from $80 to $88.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 2:14 pm

TSLA

Needham analyst Chris Pierce reiterated a Neutral rating on Tesla, Inc. (NASDAQ:TSLA) despite strong Q2 delivery numbers. Pierce noted that Tesla's inventories grew at a slower rate, which could encourage bulls, but the uncertainty wasn't fully resolved as inventories still grew on an absolute basis. He also mentioned that the initial production and launch of the Cybertruck will likely be a win for the bulls. However, he views Tesla's move to open up its Supercharger network to other OEMs as a negative.

Portfolio Pulse from Shanthi Rexaline

July 05, 2023 | 2:12 pm

META

A significant amount of unusual options activity has been detected for Meta Platforms (NASDAQ:META), with a majority of investors taking a bullish stance. The trades range from $145.0 to $300.0, with a total of 3 puts and 28 calls. The price of META is currently up 1.94% at $291.56. Analysts from Roth MKM, Citigroup, and UBS maintain a 'Buy' rating on Meta Platforms, while Wells Fargo has downgraded its action to 'Equal-Weight'.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 2:04 pm

JNJ

A significant bearish stance has been taken on Johnson & Johnson (NYSE:JNJ) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $125.0 to $165.0 for Johnson & Johnson over the last 3 months. The price of JNJ is up 0.28% at $163.81. Mizuho has maintained their Buy rating on Johnson & Johnson, which currently sits at a price target of $40.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 2:04 pm

RMAX

Over the past 3 months, 4 analysts have published their opinion on RE/MAX Hldgs (NYSE:RMAX) stock. The average price target is $20.38, implying an upside from the current price of $18.725. This represents a 7.36% decrease from the previous average price target of $22.00.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 2:02 pm

HOOD

Robinhood Markets (NASDAQ:HOOD) has received mixed analyst ratings in the last quarter, with 2 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average price target is $17.5, indicating potential upside from the current price of $10.4815. This average has increased by 75.0% from the previous average price target of $10.00.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 2:02 pm