Streetbeat News

Analyst Ratings

ENPH

Enphase Energy's stock has been upgraded from Neutral to Buy by B. Riley Securities, which also set a price target of $214. This has resulted in the shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 3:12 pm

NKE

Nike Inc (NYSE:NKE) shares declined after the company reported a rare earnings miss for its fiscal fourth quarter. Analysts from Wedbush, RBC Capital Markets, Telsey Advisory Group, and KeyBanc Capital Markets provided their insights. While some analysts raised their price targets, others reduced them. The company's recovery in China and inventory cleanup progress were highlighted positively, but the guidance for the next quarter was seen as below expectations.

Portfolio Pulse from Priya Nigam

June 30, 2023 | 3:09 pm

AVGO

A significant bearish stance has been taken on Broadcom (NASDAQ:AVGO) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 41% bullish and 58% bearish. The whales have been targeting a price range from $440.0 to $1090.0 for Broadcom over the last 3 months. The price of AVGO is up 0.75% at $869.07. Several financial institutions have maintained their positive ratings on Broadcom, with price targets ranging from $830 to $940.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:02 pm

PANW

A significant bearish stance has been taken on Palo Alto Networks (NASDAQ:PANW) by a large investor, as observed in the publicly available options history. The overall sentiment of these big-money traders is split between 23% bullish and 76% bearish. The whales have been targeting a price range from $165.0 to $300.0 for Palo Alto Networks over the last 3 months. The current price of PANW is up 0.73% at $255.19. Several financial institutions have maintained their ratings on PANW, with price targets ranging from $230 to $307.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:01 pm

GILD

A significant investor has taken a bearish stance on Gilead Sciences (NASDAQ:GILD), with 53% of recent trades being bearish. The whales have been targeting a price range from $75.0 to $77.5 for Gilead Sciences over the last 3 months. RBC Capital has downgraded its action to Sector Perform with a price target of $88.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:01 pm

AMRC

In the last quarter, 8 analysts have provided ratings for Ameresco (NYSE:AMRC), with 6 being bullish, 2 somewhat bullish, and none being bearish or indifferent. The company has an average 12-month price target of $66.0, with a high of $80.00 and a low of $53.00. The average price target has increased by 0.61% over the past month.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:01 pm

MSM

In the last quarter, 8 analysts have provided ratings for MSC Industrial Direct Co (NYSE:MSM), with 5 being somewhat bullish and 3 indifferent. The company has an average 12-month price target of $97.5, which has increased by 7.14% over the past month.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:01 pm

PACB

Analysts have provided various ratings for Pacific Biosciences (NASDAQ:PACB) within the last quarter, with 2 bullish, 1 somewhat bullish, and 3 indifferent. The average 12-month price target for the company is $15.0, which has increased by 17.65% over the past month.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:01 pm

AYI

Acuity Brands (NYSE:AYI) has received three somewhat bullish and three indifferent analyst ratings in the last quarter. The average 12-month price target for the company, according to six analysts, is $182.17, a decrease of 6.46% from the previous average price target of $194.75.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:00 pm

JNPR

In the last quarter, Juniper Networks (NYSE:JNPR) received two bullish and one indifferent and somewhat bearish rating each from analysts. The average 12-month price target for the company, according to four analysts, is $35.25, up 3.68% from the previous average of $34.00.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:00 pm