Streetbeat News

Analyst Ratings

QQQ

SPY

Jim Cramer advises investors not to get greedy and to cash in some gains following a decent rally. He suggests cutting down on hot stocks and waiting for the Federal Reserve's next move. Major indices closed in the red on Wednesday after Fed Chair Jerome Powell's testimony.

Portfolio Pulse from Bhavik Nair

June 22, 2023 | 2:20 am

CI

A whale has taken a bullish stance on Cigna Group (NYSE:CI), with 63% of detected unusual options trades being bullish and 36% bearish. The total amount for puts is $511,410, and for calls, it's $850,885. Whales have been targeting a price range of $270 to $290 for Cigna Group over the last 3 months. Truist Securities maintains a Buy rating with a price target of $365, while B of A Securities upgraded to Buy with a price target of $320.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 8:47 pm

ALB

A large bearish position on Albemarle (NYSE:ALB) has been spotted, with 71% of big-money traders being bearish. Whales have been targeting a price range of $135 to $230 for Albemarle over the last 3 months. Citigroup downgraded its action to Buy with a price target of $260.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 8:32 pm

SOUN

Cantor Fitzgerald has raised its price target for SoundHound AI (SOUN) from $2.80 to $6.20.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:11 pm

UBER

Unusual options activity has been detected for Uber Technologies (NYSE:UBER), with 27 strange trades observed. 40% of investors opened trades with bullish expectations, while 59% were bearish. Whales have targeted a price range of $22.5 to $60.0 for Uber over the last 3 months. The stock is currently up 1.16% at $42.66.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 7:34 pm

CTVA

Morgan Stanley reiterated an Overweight rating and $80 price target on Corteva, leading to higher trading of its shares.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 7:19 pm

CMG

Wedbush analyst Nick Setyan reiterated an Outperform rating on Chipotle Mexican Grill Inc (NYSE:CMG) and raised the price target from $2,200 to $2,300. He expects Q2 same-store-sales growth to be in-line or slightly above the 7.4% consensus, driven by menu innovation, loyalty/digital, throughput, and marketing spend growth. Stable labor costs and a stable-to-down delivery mix outlook are also expected to contribute to the upside.

Portfolio Pulse from Shivani Kumaresan

June 21, 2023 | 7:12 pm

UBER

Oppenheimer analyst Jason Helfstein reiterated an Outperform rating on Uber Technologies, raising the price target to $65 from $55. He cites higher peer valuations, consumer tailwinds, and Uber's exposure to strong consumer categories as reasons for the bullish outlook. Helfstein also expects Uber to benefit from potential S&P 500 inclusion and expansion into new markets.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2023 | 7:11 pm

QURE

UniQure N.V. (NASDAQ:QURE) shares are trading lower after the company announced interim data from the Phase I/II trial of AMT-130 in Huntington's Disease. The data showed preliminary evidence of clinical and functional benefits, but the stock price fell 38.1% to $12.03. HC Wainwright & Co. analyst Patrick Trucchio reiterated a Buy rating and maintained a $90 price target.

Portfolio Pulse from Ryan Gustafson

June 21, 2023 | 7:09 pm

XEL

In the last 3 months, 10 analysts have provided 12-month price targets for Xcel Energy (NASDAQ:XEL), with an average price target of $70.6, down 1.94% from the previous average of $72. The company has received 3 bullish, 3 somewhat bullish, and 4 indifferent ratings.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 7:01 pm