Streetbeat News

Analyst Ratings

NVDA

A significant number of investors have taken a bullish stance on NVIDIA (NASDAQ:NVDA), with 54% of investors opening trades with bullish expectations and 45% with bearish. Whales have been targeting a price range from $280.0 to $430.0 for NVIDIA over the last 3 months. The price of NVDA is up 2.0% at $416.38. Analysts have mixed opinions, with Mizuho and Rosenblatt downgrading their actions to Buy with price targets of $400 and $600 respectively, while Morgan Stanley maintains an Overweight rating with a price target of $500 and Daiwa Capital upgrades its action to Outperform with a price target of $475.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 1:51 pm

AAPL

A significant amount of unusual options activity has been detected for Apple (NASDAQ:AAPL), with a bearish stance taken by a whale investor. Of the 27 strange trades detected, 48% were bullish and 51% were bearish. The total amount for the 2 put trades was $128,703 and for the 25 call trades was $6,435,129. Whales have been targeting a price range from $95.0 to $225.0 for Apple over the last 3 months. The current price of AAPL is up 1.03% at $191.55. Several experts have maintained their positive ratings on Apple, with price targets ranging from $188 to $220.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 1:51 pm

ACCD

Accolade Inc (NASDAQ:ACCD) reported Q1 FY24 sales of $93.2 million, up 9% Y/Y, beating the consensus of $90.30 million. The company posted an EPS loss of $(0.52), better than the consensus of $(0.62) and much lower than the $(4.92) posted a year ago. For FY24, Accolade expects revenue of $410-$414 million. William Blair (Outperform) notes that the company's strong FY23 bookings and three-year average contract length provide substantial visibility into 2025. ACCD shares are up 11.87% at $14.14 on the last check Friday.

Portfolio Pulse from Vandana Singh

June 30, 2023 | 1:50 pm

MA

Baird analyst David Koning has reiterated his 'Outperform' rating on Mastercard (NYSE:MA) and maintained a price target of $435.

Portfolio Pulse from richadhand@benzinga.com

June 30, 2023 | 1:50 pm

VEEV

Baird analyst Joe Vruwink has reiterated an Outperform rating on Veeva Systems (VEEV) and maintained a price target of $235.

Portfolio Pulse from richadhand@benzinga.com

June 30, 2023 | 1:49 pm

MSM

Baird analyst David Manthey maintains an Outperform rating on MSC Industrial Direct Co (NYSE:MSM) and raises the price target from $104 to $110.

Portfolio Pulse from richadhand@benzinga.com

June 30, 2023 | 1:48 pm

JBT

Baird analyst Mircea Dobre has reiterated an Outperform rating on John Bean Techs (NYSE:JBT) and maintained a price target of $128.

Portfolio Pulse from richadhand@benzinga.com

June 30, 2023 | 1:47 pm

FUL

Baird analyst Ghansham Panjabi has reiterated an Outperform rating on H.B. Fuller (NYSE:FUL) and maintained a price target of $80.

Portfolio Pulse from richadhand@benzinga.com

June 30, 2023 | 1:46 pm

ESAB

Baird analyst Mircea Dobre has reiterated an Outperform rating on ESAB (NYSE:ESAB) and maintained a $70 price target.

Portfolio Pulse from richadhand@benzinga.com

June 30, 2023 | 1:46 pm

AYI

Baird analyst Timothy Wojs has reiterated a Neutral rating on Acuity Brands (NYSE:AYI) and maintained a $175 price target.

Portfolio Pulse from richadhand@benzinga.com

June 30, 2023 | 1:45 pm