Streetbeat News

Analyst Ratings

ORCL

Wolfe Research analyst Alex Zukin upgraded Oracle (NYSE:ORCL) from Peer Perform to Outperform and announced a $130 price target.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 8:29 am

EPAM

Piper Sandler analyst Arvind Ramnani reiterates a Neutral rating on EPAM Systems (NYSE:EPAM) and maintains a $215 price target.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 8:17 am

AEE

Keybanc analyst Sophie Karp has upgraded Ameren (NYSE:AEE) from Sector Weight to Overweight and announced a $90 price target.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 8:15 am

AVDX

Keybanc analyst Josh Beck maintains an Overweight rating on AvidXchange Holdings (NASDAQ:AVDX) and raises the price target from $12 to $15.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 8:12 am

APPF

Keybanc analyst Jason Celino maintains an Overweight rating on AppFolio (NASDAQ:APPF) and raises the price target from $155 to $190.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 8:10 am

AMD

Keybanc analyst John Vinh maintains an Overweight rating on Advanced Micro Devices (NASDAQ:AMD) and raises the price target from $110 to $150.

Portfolio Pulse from richadhand@benzinga.com

June 12, 2023 | 8:09 am

BNO

VDE

Goldman Sachs has lowered its Brent oil price forecast for December to $86 a barrel, down from $95, due to increasing global supplies and reducing demand. Supply increases from Russia, Iran, and Venezuela are driving the lower price outlook. The Federal Reserve's policy decision this week is also impacting oil prices.

Portfolio Pulse from Bhavik Nair

June 12, 2023 | 3:12 am

IEF

SHY

VGSH

Despite easing recession fears, major bond managers from Allianz and Fidelity maintain their forecasts for a downturn and advise hedging bets on risky assets. They believe the Federal Reserve's 10 consecutive rate hikes have already caused damage, and central banks' continued tightening is a concern. Bond ETFs IEF, SHY, and VGSH have experienced losses in the last month.

Portfolio Pulse from Bhavik Nair

June 12, 2023 | 1:22 am

BTCUSD

Bloomberg's macro strategist Mike McGlone warns that Bitcoin (BTC) may be in a poor technical position and could be overextended within a downtrend. He predicts a liquidity crunch in the second half of 2023 due to an expected US recession, which may cause BTC to drop further.

Portfolio Pulse from Bibhu Pattnaik

June 11, 2023 | 6:42 pm

REGN

18 analysts have rated Regeneron Pharmaceuticals (NASDAQ:REGN) over the past 3 months, with an average price target of $897.5, up 6.09% from the previous average of $846. The current price of REGN is $749.44.

Portfolio Pulse from Benzinga Insights

June 09, 2023 | 8:01 pm