Streetbeat News

Analyst Ratings

AMZN

Amazon shares are trading higher following bullish commentary from Loop Capital. The EU is also set to open a probe into Amazon's iRobot deal.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 3:05 pm

ADC

AES

CE

DMAC

DOW

GRAB

K

XP

Benzinga has released its top ratings upgrades and downgrades for June 22, 2023, including several companies such as DiaMedica Therapeutics, Kellogg, Agree Realty, Grab Holdings, XP Inc, Dow Inc, AES Corp, Celanese Corp, and more. The list also includes initiations of coverage for companies like Iridium Communications, Everest Re Group, Zura Bio, Humacyte, FingerMotion, Outbrain, Taboola.com, Terns Pharmaceuticals, and others.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 3:02 pm

WY

Weyerhaeuser (NYSE:WY) has received 2 bullish, 1 somewhat bullish, and 1 indifferent analyst rating in the last quarter. The average 12-month price target is $36.75, down 0.68% from the previous average of $37.00.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 3:02 pm

RE

In the last 3 months, 7 analysts have offered 12-month price targets for Everest Re Group (NYSE:RE), with an average price target of $434.0, a 1.36% decrease from the previous average price target of $440.00.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 3:02 pm

ENPH

In the last quarter, Enphase Energy (NASDAQ:ENPH) received 5 bullish, 10 somewhat bullish, 5 indifferent, and 1 somewhat bearish ratings from analysts. The average 12-month price target is $257.52, a 10.99% decrease from the previous average of $289.32.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 3:02 pm

FCX

In the past 3 months, 4 analysts have published their opinions on Freeport-McMoRan (NYSE:FCX) stock, with an average 12-month price target of $38.12, a high of $50.00, and a low of $29.00. The average price target has increased by 19.12% over the past month.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 3:01 pm

QCOM

In the last quarter, Qualcomm (NASDAQ:QCOM) received 5 bullish, 6 somewhat bullish, and 2 indifferent analyst ratings. The average price target is $134.23, representing an upside from the current price of $114.96. This is a 10.11% decrease from the previous average price target of $149.33.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 3:01 pm

LRCX

In the last quarter, Lam Research (NASDAQ:LRCX) received 3 bullish and 3 indifferent analyst ratings, with an average price target of $565.0, implying a downside compared to the current price of $619.76. The average price target has increased by 10.14% over the past month.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 3:00 pm

AA

Alcoa Corporation's stock is trading lower after Morgan Stanley downgraded it from Equal-Weight to Underweight and lowered its price target from $43 to $33. Credit Suisse also reduced its price target from $50 to $46.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 2:58 pm

SHOP

JMP Securities analyst Andrew Boone reiterated a Market Outperform rating on Shopify (NYSE:SHOP) and maintained a $70 price target.

Portfolio Pulse from richadhand@benzinga.com

June 22, 2023 | 2:53 pm