Streetbeat News

Analyst Ratings

AEIS

KeyBanc Capital Markets analyst Steve Barger raised the price target of Advanced Energy Industries Inc (NASDAQ:AEIS) to $125 from $105 and reiterated an Overweight rating. Barger expects growth and diversification in the near term from the company's focus on Industrial and Medical end markets, and a substantial cyclical recovery in its semi-focused business. AI is also believed to facilitate data center growth in the long term.

Portfolio Pulse from Lekha Gupta

June 23, 2023 | 5:16 pm

WBD

KeyBanc analyst Brandon Nispel has lowered his expectations for Warner Bros. Discovery (WBD) due to increased churn rates in his Key First Look Data. He has reduced WBD Domestic DTC Net Additions to -2.0 million from zero, resulting in lower 2Q and 2023 DTC subscription revenue estimates.

Portfolio Pulse from Anusuya Lahiri

June 23, 2023 | 5:15 pm

AI

C3.ai shares are trading lower after Deutsche Bank reiterated its Sell rating on the stock.

Portfolio Pulse from Bill Haddad

June 23, 2023 | 5:11 pm

AZN

A large investor has taken a bullish stance on AstraZeneca (NASDAQ:AZN), with Benzinga's options scanner spotting 12 uncommon options trades. The sentiment of these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range of $67.5 to $80.0 for AstraZeneca over the last 3 months. Argus Research maintains a Buy rating on AstraZeneca with a price target of $80.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:07 pm

DRI

BMO Capital has maintained its Market Perform rating for Darden Restaurants (NYSE:DRI) and raised its price target from $150.00 to $160.00. Darden Restaurants' shares are trading up 1.07% at $163.86 per share.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:02 pm

FRSH

Over the past 3 months, 8 analysts have published their opinions on Freshworks (NASDAQ:FRSH) stock, with an average price target of $20.88, implying an upside from the current price of $16.2213. The current average has increased by 4.4% from the previous average price target of $20.00.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:02 pm

ASTL

Stifel has maintained its Buy rating for Algoma Steel Gr (NASDAQ:ASTL) but lowered its price target from $16.00 to $14.25. Shares of ASTL are trading down 1.58% over the last 24 hours, at $6.85 per share.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:02 pm

WELL

Raymond James downgraded its rating of Welltower (NYSE:WELL) to Outperform with a price target of $90.00, up from $82.00. Shares of Welltower are trading down 1.36% at $77.39 per share.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:02 pm

BEP

Over the past 3 months, 7 analysts have published their opinions on Brookfield Renewable (NYSE:BEP) stock, with 5 being somewhat bullish and 2 indifferent. The average 12-month price target is $36.07, up 4.85% from the previous average of $34.40.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:02 pm

GMS

RBC Capital has maintained its Sector Perform rating for GMS (NYSE:GMS) and raised its price target from $55.00 to $68.00. GMS shares are currently trading at $69.50, up 2.07% over the last 24 hours.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:01 pm