Streetbeat News

Analyst Ratings

NKE

A large investor has taken a bullish stance on Nike (NYSE:NKE), with 70% of big-money traders being bullish and 30% bearish. Whales have been targeting a price range of $85 to $110 for Nike over the last 3 months. Williams Trading downgraded Nike to Sell with a price target of $95, while Wells Fargo maintained their Overweight rating with a price target of $138.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:33 pm

ROKU

Roku Inc (NASDAQ:ROKU) shares are trading higher amid volatility in growth stocks and as the Russell 2000 nears three-month highs. Rosenblatt analyst Barton Crockett reiterated a Neutral rating and announced a price target of $61. Roku's outgoing CFO Steve Louden is set to speak at Rosenblatt's Age of AI conference.

Portfolio Pulse from Adam Eckert

June 07, 2023 | 7:18 pm

LRCX

A large bearish position on Lam Research (NASDAQ:LRCX) has been observed, with 58% of big-money traders being bearish and 41% bullish. Whales have been targeting a price range of $510 to $720 for LRCX over the last 3 months. UBS maintains a Buy rating with a price target of $725, while Wells Fargo maintains an Equal-Weight rating with a price target of $620.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:16 pm

VZ

A whale has taken a bearish stance on Verizon Communications (NYSE:VZ), with 56% of detected unusual options trades being bearish. Whales have been targeting a price range of $30 to $40 for Verizon over the last 3 months. Tigress Financial downgraded its action to Buy with a price target of $64, while HSBC maintains a Hold rating with a price target of $39.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:16 pm

FHN

Over the past 3 months, 7 analysts have published their opinion on First Horizon (NYSE:FHN) stock, with an average 12-month price target of $16.43, a decrease of 17.85% from the previous average of $20.00.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:02 pm

RGA

Over the past 3 months, 11 analysts have published their opinions on Reinsurance Gr (NYSE:RGA) stock, with an average 12-month price target of $163.45. The average price target has increased by 5.16% over the past month.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:02 pm

SFIX

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Stitch Fix (NASDAQ:SFIX) with a price target of $5. The company delivered an EBITDA beat in Q3, driven by sales and operating expense leverage. However, broader macroeconomic challenges continue to pressure SFIX consumers, and visibility to subscriber growth and profitability remains challenging.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2023 | 7:02 pm

NWL

In the last quarter, 6 analysts rated Newell Brands (NASDAQ:NWL) with 1 bullish, 1 somewhat bullish, and 4 indifferent ratings. The average price target is $13.58, representing an upside from the current price of $8.805. This is a 12.39% decrease from the previous average price target of $15.50.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:02 pm

VERU

6 analysts have rated Veru (NASDAQ:VERU) over the past 3 months, with 4 bullish, 1 somewhat bullish, and 1 indifferent. The average price target is $5.0, representing an upside from the current price of $1.2442. This is a 55.87% decrease from the previous average price target of $11.33.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:02 pm

CTSH

In the last quarter, Cognizant Tech Solns (NASDAQ:CTSH) received 1 bullish, 2 somewhat bullish, 3 indifferent, and 1 somewhat bearish analyst ratings. The average 12-month price target is $68.71, up 8.63% from the previous average of $63.25.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:01 pm