Streetbeat News

Analyst Ratings

ARCB

Over the past three months, seven analysts have published their opinions on ArcBest (NASDAQ:ARCB) stock. The average 12-month price target for ArcBest is $112.0, a decrease of 3.78% from the previous average price target of $116.40. The analysts' ratings range from bullish to somewhat bearish.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 9:01 pm

SWN

Southwestern Energy (NYSE:SWN) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, 2 indifferent, and 1 somewhat bearish. The average 12-month price target for the company is $6.75, a 10% decrease from the previous average of $7.50.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 9:00 pm

JOBY

Over the past 3 months, 5 analysts have published their opinion on Joby Aviation (NYSE:JOBY) stock. The company has an average price target of $9.0 with a high of $11.00 and a low of $8.00. The average price target has increased by 12.5% over the past month.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 9:00 pm

RNLX

In the last quarter, Renalytix (NASDAQ:RNLX) received 5 bullish ratings from analysts. The company has an average 12-month price target of $4.7, representing a 21.67% decrease from the previous average price target of $6.00.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 9:00 pm

GS

A significant amount of unusual options activity has been observed for Goldman Sachs Group (NYSE:GS), with a majority of investors taking a bullish stance. The price target range for the company, based on volume and open interest, is between $165 and $400. The current price of GS is $322.54, down 0.17%. Analysts from Citigroup, RBC Capital, Morgan Stanley, and JMP Securities have provided varied price targets, with JMP Securities giving the highest at $470.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:46 pm

CME

CME Gr Inc.'s stock price is currently at $185.29, after a 1.05% increase. However, over the past month, the stock decreased by 0.01%, and in the past year, by 9.33%. The company's P/E ratio is lower than the aggregate P/E of the Capital Markets industry, indicating that the stock might be undervalued. However, a lower P/E can also suggest that shareholders do not expect future growth. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:34 pm

UNH

A significant bullish stance has been taken on UnitedHealth Group (NYSE:UNH) as evidenced by unusual options activity. The sentiment among big-money traders is split between 52% bullish and 48% bearish. Whales have been targeting a price range from $380.0 to $530.0 for UnitedHealth Group over the last 3 months. The price of UNH is up 0.88% at $480.64. Several experts have given their ratings and price targets for UNH, with most maintaining an Outperform or Buy rating and price targets ranging from $560 to $610.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:16 pm

RCL

A significant amount of unusual options activity has been observed for Royal Caribbean Gr (NYSE:RCL), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is from $82.5 to $120.0. The current price of RCL is up 2.14% at $103.73, with RSI indicators suggesting the stock may be overbought. B of A Securities and JP Morgan have maintained their Neutral and Overweight ratings on RCL, respectively.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:16 pm

TSLA

RBC Capital Markets analyst Tom Narayan predicts Tesla's Q2 deliveries to be below consensus estimates, at 438,000 units, a 72% YoY increase and a 4% sequential estimate. This is compared to the consensus estimate of 446,823 units. Despite this, Narayan maintains an Outperform rating and a $305 price target for Tesla stock, and believes the company is on track to achieve its 1.8 million-unit sales target for 2023.

Portfolio Pulse from Shanthi Rexaline

June 30, 2023 | 8:01 pm

SOFI

SoFi Techs (NASDAQ:SOFI) has received a mix of analyst ratings over the last quarter, with 4 bullish, 3 somewhat bullish, 5 indifferent, 3 somewhat bearish, and 1 bearish. The average price target among these 16 analysts is $7.16, which is below the current price of $8.405, implying a potential downside. However, this average price target has increased by 6.87% over the past month.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:01 pm