Streetbeat News

Analyst Ratings

ABNB

Wells Fargo analyst Brian Fitzgerald initiates coverage on Airbnb (NASDAQ:ABNB) with an Underweight rating and a price target of $99.

Portfolio Pulse from richadhand@benzinga.com

June 08, 2023 | 8:11 am

AMZN

Wells Fargo analyst Brian Fitzgerald initiates coverage on Amazon.com (NASDAQ:AMZN) with an Overweight rating and announces a price target of $159.

Portfolio Pulse from richadhand@benzinga.com

June 08, 2023 | 8:10 am

TSLA

Morgan Stanley analyst Adam Jonas shared his car shopping experience, highlighting the advantages of Tesla's ownership of its own stores. He maintained an 'overweight' rating on Tesla with a $200 price target. Tesla's consistent pricing across stores and easy shopping experience were noted as key advantages over traditional car buying.

Portfolio Pulse from Anan Ashraf

June 08, 2023 | 6:00 am

AUR

Aurora Innovation, Inc. (NASDAQ:AUR) shares traded higher on Wednesday after Canaccord Genuity initiated coverage on the stock with a Buy rating and $5 price target. Analyst George Gianarikas is optimistic about the future of autonomous vehicles and believes Aurora is well positioned to dominate the US autonomous trucking market.

Portfolio Pulse from Ryan Gustafson

June 08, 2023 | 12:18 am

ARGX

In the last 3 months, 11 analysts have offered 12-month price targets for argenx (NASDAQ:ARGX), with an average price target of $464.64, up 1.93% from the previous average of $455.83. The company has received 8 bullish and 3 somewhat bullish ratings.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 9:02 pm

AAPL

In the last quarter, 36 analysts have rated Apple (NASDAQ:AAPL) with an average price target of $186.39, implying an upside from the current price of $177.82. The average price target has increased by 5.07% over the past month.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 9:01 pm

ALKS

Over the past 3 months, 6 analysts have published their opinion on Alkermes (NASDAQ:ALKS) stock, with an average price target of $34.67, implying an upside from the current price of $31.05. The current average has increased by 4.02% from the previous average price target of $33.33.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 9:01 pm

MPC

14 analysts have rated Marathon Petroleum (NYSE:MPC) over the past quarter, with an average price target of $141.29, implying an upside from the current price of $114.12. The average price target has increased by 0.86% over the past month.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 9:00 pm

SCHW

Unusual options activity has been observed for Charles Schwab (NYSE:SCHW), with 11 strange trades detected. Whales have been targeting a price range of $30.0 to $75.0 for the stock over the last 3 months. Jefferies maintains a Buy rating with a price target of $64, while Raymond James upgraded its action to Outperform with a price target of $63.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:47 pm

JNJ

A whale has taken a bearish stance on Johnson & Johnson (NYSE:JNJ), with 60% of detected unusual options trades being bearish. Whales have been targeting a price range of $150 to $195 for JNJ over the last 3 months. Mizuho maintains a Buy rating with a price target of $40, while Citigroup downgraded to Buy with a price target of $185.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:46 pm