Streetbeat News

Analyst Ratings

BAC

SPY

Wall Street analysts are revising their expectations for interest rate hikes by the Federal Reserve in 2023, with Bank of America predicting two 25 basis point rate hikes. Bank of America has also recognized the economy's resilience and anticipates significant upward revisions to the U.S. GDP.

Portfolio Pulse from Piero Cingari

June 26, 2023 | 4:37 pm

TECK

B. Riley Securities analyst Lucas Pipes maintains a Buy rating on Teck Resources (NYSE:TECK) and lowers the price target from C$68 to C$67.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:34 pm

BNTC

JMP Securities analyst Silvan Tuerkcan has reiterated a Market Outperform rating on Benitec Biopharma (NASDAQ:BNTC) and maintained a $4 price target.

Portfolio Pulse from richadhand@benzinga.com

June 26, 2023 | 4:03 pm

BMEA

Jefferies analyst Eun Yang downgrades Biomea Fusion (NASDAQ:BMEA) from Buy to Hold and lowers the price target from $36 to $28.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:03 pm

CAKE

Analysts have provided mixed ratings for Cheesecake Factory (NASDAQ:CAKE) in the last quarter, with an average price target of $35.2, implying an upside from the current price of $32.095. The current average has increased by 2.03% from the previous average price target of $34.50.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 4:01 pm

META

In the last quarter, 43 analysts rated Meta Platforms (NASDAQ:META) with an average price target of $280.56, which is slightly below its current price of $282.88. The average price target has increased by 15.22% from the previous average of $243.49.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 4:01 pm

TFC

In the last quarter, Truist Finl (NYSE:TFC) received 2 bullish, 4 somewhat bullish, and 6 indifferent analyst ratings. The average 12-month price target is $43.33, a 13.96% decrease from the previous average of $50.36.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 4:01 pm

DAL

Over the past 3 months, 7 analysts have published their opinion on Delta Air Lines (NYSE:DAL) stock, with an average price target of $55.43, implying an upside from the current price of $42.75. The current average has decreased by 1.77% from the previous average price target of $56.43.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 4:00 pm

GTHX

G1 Therapeutics (NASDAQ:GTHX) has received 5 bullish and 1 somewhat bullish ratings from analysts in the last quarter, with an average price target of $12.83, representing an upside from the current price of $2.525. This is a 46.54% decrease from the previous average price target of $24.00.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 4:00 pm

LICY

In the last quarter, Li-Cycle Holdings (NYSE:LICY) received 3 bullish, 2 somewhat bullish, and 1 indifferent rating from 6 analysts. The average 12-month price target is $7.92, a 14.38% decrease from the previous average of $9.25.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 4:00 pm