Streetbeat News

Analyst Ratings

PTGX

BTIG analyst Julian Harrison has reiterated a 'Buy' rating on Protagonist Therapeutics (NASDAQ:PTGX) and maintained a price target of $41.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 4:11 pm

XOM

A significant investor has taken a bullish stance on Exxon Mobil (NYSE:XOM), with 58% of recent trades being bullish and 41% bearish. The total amount for puts was $184,896 and for calls was $771,488. The targeted price range for Exxon Mobil over the last 3 months has been $90.0 to $125.0. The current price of XOM is up 0.98% at $108.3. Piper Sandler maintains an Overweight rating on Exxon Mobil with a price target of $127.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 4:03 pm

T

A significant amount of unusual options activity has been observed for AT&T (NYSE:T), with a mix of bullish and bearish stances. The majority of the trades are calls, with a total amount of $749,943, while puts amount to $135,300. The price target range for AT&T over the last 3 months has been between $5.0 and $21.0. MoffettNathanson upgraded AT&T to Market Perform with a price target of $17, while HSBC maintained their Buy rating with a price target of $19.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 4:03 pm

WEST

Analysts have provided bullish ratings for Westrock Coffee (NASDAQ:WEST) in the last quarter. According to 4 analysts offering 12-month price targets in the last 3 months, Westrock Coffee has an average price target of $14.25, an increase of 1.79% from the previous average price target of $14.00.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 4:00 pm

CMG

A significant bearish stance has been taken on Chipotle Mexican Grill (NYSE:CMG) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 23% bullish and 76% bearish. The whales have been targeting a price range from $1920.0 to $2550.0 for Chipotle over the last 3 months. Analysts have mixed opinions, with TD Cowen and Piper Sandler downgrading their ratings, while Wedbush, Keybanc, and Raymond James maintain their positive outlook.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 3:47 pm

AMZN

A significant amount of unusual options activity has been detected for Amazon.com (NASDAQ:AMZN), with a mix of bullish and bearish stances. The majority of the trades are calls, with a total amount of $1,599,440, while puts amount to $489,127. The targeted price range for Amazon.com over the last 3 months is from $54.0 to $160.0. Analysts from B of A Securities and Roth MKM maintain a Buy rating on Amazon.com, while JP Morgan and Wells Fargo have downgraded their actions to Overweight.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 3:47 pm

UBER

A significant investor has taken a bearish stance on Uber Technologies (NYSE:UBER), with 52% of the investors opening trades with bearish expectations. Whales have been targeting a price range from $35.0 to $50.0 for Uber over the last 3 months. The price of UBER is up 0.39% at $43.34. Truist Securities maintains their Buy rating on Uber with a price target of $63, while Wedbush, Daiwa Capital, Mizuho, and Wells Fargo have downgraded their actions with price targets ranging from $46 to $55.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 3:47 pm

WBD

Warner Bros. Discovery's (NYSE:WBD) short percent of float has decreased by 9.16% since its last report, with 83.57 million shares sold short, representing 3.47% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Warner Bros. Discovery has less short interest, with the peer group average at 10.60%.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 3:31 pm

VRTX

Vertex Pharmaceuticals's (NYSE:VRTX) short percent of float has fallen 10.92% since its last report, with 2.73 million shares sold short, which is 1.06% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Vertex has less short interest, with an average of 4.20% for its peer group.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 3:30 pm

VRSK

Verisk Analytics's (NYSE:VRSK) short percent of float has fallen 5.51% since its last report, with 8.71 million shares sold short, which is 6.86% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, Verisk Analytics's short interest as a percentage of float is higher than its peer group average of 3.18%.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 3:30 pm