Streetbeat News

Analyst Ratings

BMY

Truist Securities analyst Gregg Gilbert has reiterated a 'Buy' rating on Bristol-Myers Squibb (NYSE:BMY) and maintained an $84 price target.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 2:56 pm

SITC

Truist Securities analyst Ki Bin Kim has reiterated a 'Hold' rating on SITE Centers (NYSE:SITC) and maintained a price target of $14.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 2:55 pm

RYN

Truist Securities analyst Michael Roxland has reiterated a 'Hold' rating on Rayonier (NYSE:RYN) and maintained a price target of $33.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 2:54 pm

PSTL

Truist Securities analyst Ki Bin Kim has reiterated a 'Hold' rating on Postal Realty Trust (NYSE:PSTL) and maintained a price target of $16.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 2:54 pm

LNTH

Truist Securities analyst Richard Newitter has reiterated a 'Buy' rating on Lantheus Holdings (NASDAQ:LNTH) and maintained a price target of $125.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 2:51 pm

CVNA

Carvana Co. (NYSE:CVNA) shares are trading higher, continuing a recent turbulent streak. The company expects to reach adjusted EBITDA of more than $50 million in Q2 2023. Analysts' price target increases and the release of a short report from Kerrisdale Capital have also influenced the stock's performance. Carvana has a high short interest, with 66.52% of outstanding shares currently sold short. The stock is up more than 123% in the last 30 days.

Portfolio Pulse from Erica Kollmann

June 28, 2023 | 2:51 pm

CMG

A significant bearish stance has been taken on Chipotle Mexican Grill (NYSE:CMG) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 31% bullish and 68% bearish. The whales have been targeting a price range from $1800 to $2125 for CMG over the last 3 months. Analysts from Wedbush, Argus Research, Raymond James, and Keybanc maintain positive ratings on CMG, while Piper Sandler has downgraded its rating to Neutral.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 2:50 pm

DE

A significant investor has taken a bearish stance on Deere (NYSE:DE), with 75% of recent trades being bearish. The price range targeted by these investors is from $150.0 to $450.0. Canaccord Genuity has downgraded its action to Buy with a price target of $530, while BMO Capital maintains their Market Perform rating with a price target of $425.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 2:50 pm

CHRS

Truist Securities analyst Robyn Karnauskas has reiterated a 'Buy' rating on Coherus BioSciences (NASDAQ:CHRS) and maintained a price target of $22.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 2:49 pm

PGR

A 'death cross' has formed on the chart of Progressive (NYSE:PGR), which could indicate a bearish trend for the stock. This occurs when the 50-day moving average moves below the 200-day moving average. However, seasoned investors use this as a signal to start considering possible short positions based on other factors. Progressive's past earnings have been mixed, with actual EPS and revenue often falling short of estimates.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 2:48 pm