Streetbeat News

Analyst Ratings

ILMN

A significant bearish stance has been taken on Illumina (NASDAQ:ILMN) with unusual options activity observed. The overall sentiment of these big-money traders is 90% bearish. The whales have been targeting a price range from $180.0 to $230.0 for Illumina over the last 3 months. Canaccord Genuity downgraded its action to Buy with a price target of $300.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 6:04 pm

KSCP

Knightscope's CEO discussed the company's 2023 projections on the Stock Day podcast, leading to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 6:03 pm

WMS

Over the past 3 months, 10 analysts have published their opinion on Advanced Drainage Systems (NYSE:WMS) stock. The company has an average price target of $114.6, up by 3.45% from the previous average price target of $110.78. The analysts' ratings range from bullish to indifferent, with no bearish ratings.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 6:01 pm

VALE

In the last quarter, Vale (NYSE:VALE) received three somewhat bullish ratings and one indifferent rating from analysts. The average 12-month price target for the company is $16.5, representing a 5.71% decrease from the previous average price target of $17.50.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 6:01 pm

WIX

In the last quarter, Wix.com (NASDAQ:WIX) received 3 bullish, 6 somewhat bullish, and 1 indifferent analyst ratings. Over the past 3 months, 10 analysts have offered 12-month price targets for Wix.com, with an average price target of $111.1. This average price target has increased by 6.83% over the past month.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 6:00 pm

TW

Over the past 3 months, 10 analysts have published their opinion on Tradeweb Markets (NASDAQ:TW) stock. The company has an average price target of $84.8, an increase of 6.19% from the previous average price target of $79.86. The majority of the analysts are bullish on the stock.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 6:00 pm

LYFT

Over the last quarter, Lyft (NASDAQ:LYFT) has received 4 somewhat bullish and 7 indifferent analyst ratings. The average 12-month price target for the company is $12.59, a decrease of 50.47% from the previous average of $25.42. No bullish or bearish ratings were observed.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 6:00 pm

AMG

Analysts have provided somewhat bullish ratings for Affiliated Managers Group (AMG) in the last quarter, with an average price target of $190.5, an increase of 3.81% from the previous average price target of $183.50.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 6:00 pm

DKNG

DraftKings Inc (NASDAQ:DKNG) has withdrawn its bid to acquire the U.S. business of PointsBet Holdings Ltd. The decision came after PointsBet's board recommended Fanatics Betting and Gaming's (FBG) improved proposal of $225 million, which is 15% above DKNG’s $195 million proposal. Oppenheimer analyst Jed Kelly reiterated an Outperform rating on DKNG shares and expects FBG to become a larger player in the OSB market. However, he does not foresee a significant near-term competitive impact for DKNG.

Portfolio Pulse from Shivani Kumaresan

June 28, 2023 | 5:53 pm

LECO

KeyBanc Capital Markets analyst Steve Barger upgraded Lincoln Electric Holdings, Inc. (LECO) to Overweight from Sector Weight, with a price target of $232. The upgrade is based on LECO's strong execution, record operating margin, and EPS visibility on EV charging growth. The welding segment is expected to be a significant revenue driver. The analyst also expects LECO's recent acquisition of Fori to boost the company's goal of $1 billion in Automation revenues by 2025.

Portfolio Pulse from Nabaparna Bhattacharya

June 28, 2023 | 5:51 pm