Streetbeat News

Analyst Ratings

WVE

Raymond James analyst Steven Seedhouse has initiated coverage on WAVE Life Sciences (NASDAQ:WVE) with an Outperform rating and a price target of $7.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 12:05 pm

ENVX

In the last quarter, Enovix (NASDAQ:ENVX) received 5 bullish ratings from analysts, with an average 12-month price target of $24.6, a high of $36.00, and a low of $20.00. The average price target has increased by 36.67% over the past month.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 12:04 pm

NIO

NIO (NYSE:NIO) has received a mix of bullish and indifferent ratings from analysts in the last quarter. The average price target is $11.86, which is higher than the current price of $10.03. However, this average has decreased by 13.62% from the previous average price target of $13.73.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 12:03 pm

USEG

Over the past 3 months, 4 analysts have published their opinion on US Energy (NASDAQ:USEG) stock, all of them being bullish. The company has an average price target of $3.0, representing a 14.29% decrease from the previous average price target of $3.50.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 12:02 pm

LITE

Analysts have provided various ratings for Lumentum Holdings (NASDAQ:LITE) within the last quarter, with 2 bullish, 4 somewhat bullish, 5 indifferent, and 1 somewhat bearish. The average 12-month price target for Lumentum Holdings is $53.33, a 10.28% decrease from the previous average price target of $59.44.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 12:01 pm

CAG

In the last quarter, Conagra Brands (NYSE:CAG) received one somewhat bullish and three indifferent analyst ratings. The average price target for the stock is $41.5, compared to its current price of $34.09. This average has decreased by 7.78% from the previous average price target of $45.00.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 12:01 pm

SCHW

12 analysts have provided ratings for Charles Schwab (NYSE:SCHW) in the last quarter, with an average price target of $64.46, implying an upside from the current price of $57.72. The current average has decreased by 3.16% from the previous average price target of $66.56.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 12:01 pm

VBTX

Hovde Group analyst Brett Rabatin has downgraded Veritex Holdings (NASDAQ:VBTX) from Outperform to Market Perform and set a price target of $20.5.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 11:59 am

AMD

GOOGL

PEGA

SPXC

VICI

Several analyst forecasts were released on Wednesday, with price target changes for multiple companies. Notably, Northland Capital Markets boosted the price target for Advanced Micro Devices (AMD) from $81 to $150 and upgraded the stock from Market Perform to Outperform. Wedbush increased the price target for Pegasystems (PEGA) from $50 to $64 and upgraded the stock from Neutral to Outperform. Piper Sandler increased the price target for Alphabet (GOOGL) from $128 to $140. Other companies with price target changes include SPX Technologies (SPXC), VICI Properties (VICI), Conagra Brands (CAG), Lumentum Holdings (LITE), EnPro Industries (NPO), Netflix (NFLX), Rivian Automotive (RIVN), and Transocean (RIG).

Portfolio Pulse from Lisa Levin

July 05, 2023 | 11:58 am

ECL

Northcoast Research analyst Ryan Connors has downgraded Ecolab (NYSE:ECL) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 11:57 am