Streetbeat News

Analyst Ratings

AREC

In the last quarter, American Res (NASDAQ:AREC) received four bullish analyst ratings. The company's average 12-month price target is $4.0, a decrease of 2.91% from the previous average price target of $4.12.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 12:00 pm

FL

HIBB

NKE

Nike, Inc (NYSE:NKE) is expected to forecast full-year profit below Wall Street estimates due to inflation affecting demand for its products from wholesalers like Foot Locker Inc (NYSE:FL) and Hibbett Inc (NASDAQ:HIBB). Several analysts have trimmed their FY24 expectations for Nike's EPS and slashed their price targets on the company's stock. Despite this, analysts expect a robust rebound in China to offset the hit to sales from cooling consumer appetite in the North American region.

Portfolio Pulse from Anusuya Lahiri

June 29, 2023 | 11:44 am

MU

Needham analyst Rajvindra Gill maintains a 'Buy' rating on Micron Technology (NASDAQ:MU) and raises the price target from $71 to $80.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 11:42 am

AMD

AMZN

MSFT

NVDA

ORCL

Oracle Corp is investing billions of dollars in Nvidia Corp chips to expand its cloud computing service targeting the AI boom. The company is also investing heavily in central processor units from Ampere Computing and Advanced Micro Device Inc. Oracle's cloud division is working to compete with larger rivals like Amazon Web Services and Microsoft Corp. In June, Oracle reported a 17% YoY increase in Q4 revenue to $13.8 billion, beating analyst estimates.

Portfolio Pulse from Anusuya Lahiri

June 29, 2023 | 11:37 am

MU

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Micron Technology (NASDAQ:MU) and maintained a price target of $100.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 11:34 am

NVDA

Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on NVIDIA (NASDAQ:NVDA) and maintained a price target of $600.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 11:33 am

TXRH

Wedbush analyst Nick Setyan has reiterated an Outperform rating on Texas Roadhouse (NASDAQ:TXRH), maintaining a price target of $123.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 11:31 am

MU

Raymond James analyst Srini Pajjuri has maintained an 'Outperform' rating on Micron Technology (NASDAQ:MU) and raised the price target from $70 to $76.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 11:28 am

CNO

Raymond James analyst Wilma Burdis has initiated coverage on CNO Financial Group (NYSE:CNO) with a Market Perform rating.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 11:26 am