Streetbeat News

Analyst Ratings

WIX

Wix.com shares are trading higher after B. Riley Securities initiated coverage on the stock with a Buy rating and a $120 price target.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 1:51 pm

REGN

A significant bearish stance has been taken on Regeneron Pharmaceuticals (NASDAQ:REGN) by a large investor or institution, as indicated by unusual options trading activity. The sentiment among these big-money traders is 23% bullish and 76% bearish. The whales have been targeting a price range from $760.0 to $930.0 for REGN over the last 3 months. The current price of REGN is down -2.52% at $698.04. Several financial institutions have downgraded their ratings on REGN.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 1:51 pm

LRCX

A significant amount of unusual options activity has been observed for Lam Research (NASDAQ:LRCX), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last 3 months is from $620.0 to $1020.0. The company's stock price is currently down by 1.7% at $638.13. Analysts from Mizuho, UBS, and Wells Fargo have given price targets of $520, $725, and $620 respectively.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 1:51 pm

SQSP

B. Riley Securities has initiated coverage on Squarespace with a Buy rating and a price target of $40. This has led to an increase in the trading of Squarespace shares.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 1:47 pm

TGAN

B. Riley Securities analyst Craig Ellis has maintained a Neutral rating on Transphorm (NASDAQ:TGAN) and lowered the price target from $5.5 to $4.5.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 1:46 pm

NFLX

Netflix shares are trading higher after Oppenheimer maintained an Outperform rating on the stock and raised its price target from $450 to $500.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 1:45 pm

APLD

B. Riley Securities analyst Lucas Pipes maintains a 'Buy' rating on Applied Digital (NASDAQ:APLD) and raises the price target from $17 to $18.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 1:45 pm

YEXT

B. Riley Securities analyst Naved Khan has initiated coverage on Yext (NYSE:YEXT) with a Neutral rating and a price target of $11.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 1:44 pm

HP

Capital One analyst Douglas Becker has initiated coverage on Helmerich & Payne (NYSE:HP) with an Equal-Weight rating and a price target of $40.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 1:43 pm

PTEN

Capital One analyst Doug Becker has initiated coverage on Patterson-UTI Energy (NASDAQ:PTEN) with an Equal-Weight rating and a price target of $14.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 1:42 pm