Streetbeat News

Analyst Ratings

GE

A large bearish position on General Electric (NYSE:GE) has been spotted, with 10 uncommon options trades identified. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. Whales have been targeting a price range from $65.0 to $115.0 for GE over the last 3 months. Barclays maintains an Overweight rating on GE with a price target of $125.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 8:02 pm

SCCO

Over the past 3 months, 5 analysts have published their opinion on Southern Copper (NYSE:SCCO) stock, with an average price target of $66.0, implying downside compared to the current price of $73.89. The current average has increased by 10.0% from the previous average price target of $60.00.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 8:01 pm

TERN

Analysts have provided various ratings for Terns Pharma (NASDAQ:TERN) within the last quarter, with an average price target of $15.0, implying an upside from the current price of $11.82. The average price target has increased by 53.85% over the past month.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 8:01 pm

VRTX

In the last quarter, Vertex Pharmaceuticals (NASDAQ:VRTX) received 6 bullish, 5 somewhat bullish, and 6 indifferent analyst ratings. The company's average 12-month price target is $364.06, up 13.06% from the previous average of $322.00.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 8:01 pm

QRVO

Over the past 3 months, 8 analysts have published their opinion on Qorvo (NASDAQ:QRVO) stock, with 1 bullish and 7 indifferent ratings. The average 12-month price target for Qorvo is $109.75, down 1.42% from the previous average of $111.33.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 8:00 pm

MKTX

Over the past 3 months, 7 analysts have published their opinion on MarketAxess Holdings (NASDAQ:MKTX) stock, with an average 12-month price target of $315.43, a 7.23% decrease from the previous average price target of $340.00.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 8:00 pm

PH

In the last quarter, Parker Hannifin (NYSE:PH) received 1 bullish, 5 somewhat bullish, and 4 indifferent ratings from analysts. The average 12-month price target is $388.6, up 0.59% from the previous average of $386.33.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 8:00 pm

NRG

BofA Securities analyst Julien Dumoulin-Smith reiterated a Buy rating on NRG Energy Inc (NYSE:NRG) with a price target of $42, as the company's cumulative cash flow target of around $10.5 billion and debt reduction targets exceed Street expectations. The analyst expects half of the growth capital ($700 million) to be used for three new gas plants in Texas.

Portfolio Pulse from Lekha Gupta

June 22, 2023 | 7:42 pm

NPO

KeyBanc analyst Jeffrey D. Hammond reiterated an Overweight rating on EnPro Industries Inc (NYSE:NPO) and raised the price target to $145 from $135. The analyst praised NPO's effective cost management and growth strategy, particularly in the AST segment, and expects the company to benefit from solid earnings momentum in 2024.

Portfolio Pulse from Nabaparna Bhattacharya

June 22, 2023 | 7:40 pm

NDSN

KeyBanc analyst Jeffrey D. Hammond reiterated an Overweight rating on Nordson Corporation (NASDAQ:NDSN) and raised the price target to $270 from $255. Nordson's multiple expansionary moves, strong balance sheet, and attractive risk/reward profile are expected to propel earnings momentum into 2024.

Portfolio Pulse from Nabaparna Bhattacharya

June 22, 2023 | 7:20 pm