Streetbeat News

Analyst Ratings

THO

In the last quarter, 7 analysts provided ratings for Thor Industries (NYSE:THO) with 2 being somewhat bullish and 5 indifferent. The average price target is $90.86, implying a downside compared to the current price of $93.51. The average price target has increased by 5.13% from the previous average of $86.43.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:01 pm

GKOS

Piper Sandler has upgraded Glaukos Corporation (NYSE:GKOS) to Overweight from Neutral, predicting $1 billion in sales by 2030. The upgrade is based on the company's conservative 2023 guidance and the potential of its iStent Infinite and iDose products.

Portfolio Pulse from Vandana Singh

June 07, 2023 | 6:59 pm

STAA

STAAR Surgical's slow U.S. adoption has led William Blair to downgrade the company from Outperform to Market Perform. The analyst believes that 10%+ penetration is achievable in the U.S., but it will take more time and investment than anticipated. STAAR's shares are down 5.12% at $51.99.

Portfolio Pulse from Vandana Singh

June 07, 2023 | 6:53 pm

ELF

LRLCY

DA Davidson analyst Linda Bolton Weiser reiterated a Buy rating on E.L.F. Beauty (NYSE:ELF) and raised the price target to $124 from $121, citing the company's rising social media influence. ELF's Facebook and Instagram followers increased by 12%, while competitor L'Oreal (OTC:LRLCY) failed to grow its followers. However, the analyst cautioned about ELF's reliance on a limited number of retailers and international economic uncertainties.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2023 | 6:50 pm

AMZN

GOOG

GOOGL

NVDA

SNOW

Piper Sandler analyst Thomas Champion maintains an Overweight rating on Amazon.com Inc (NASDAQ:AMZN) and raises the price target from $130 to $150. He predicts that Amazon's proprietary silicon strategy may boost AWS growth and performance. The recent Nvidia Corp (NASDAQ:NVDA) print indicates a historic demand shift towards AI computing, with Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google searches and Reddit data showing strong interest in AWS AI offerings.

Portfolio Pulse from Anusuya Lahiri

June 07, 2023 | 6:46 pm

AUR

Aurora Innovation shares are trading higher after Canaccord Genuity initiated coverage on the stock with a Buy rating and a $5 price target.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 6:43 pm

CIEN

Needham analyst Alex Henderson reiterated a Buy rating on Ciena Corporation (NYSE:CIEN) and lowered the price target to $60 from $70. The company's strong demand and improving supply chain are expected to result in double-digit growth, GM expansion, and significant operating leverage. Ciena is also expected to execute large buybacks, providing additional support for its stock.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2023 | 6:41 pm

AZN

IONS

Piper Sandler assumes coverage of Ionis Pharmaceuticals with an Overweight rating and a price target of $58, citing a strategic pivot towards commercializing select assets. The analyst sees three key late-stage value drivers: eplontersen, olezarsen, and donidalorsen. Eplontersen is co-commercialized with AstraZeneca in the U.S.

Portfolio Pulse from Vandana Singh

June 07, 2023 | 6:26 pm

AZN

A whale investor has taken a bearish stance on AstraZeneca (NASDAQ:AZN), with 61% of detected trades having bearish expectations. Whales have been targeting a price range of $65.0 to $77.5 for AstraZeneca over the last 3 months. Argus Research maintains a Buy rating on AstraZeneca with a price target of $80.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 6:17 pm

ARBK

Over the past 3 months, 4 analysts have published their opinions on Argo Blockchain (NASDAQ:ARBK) stock, with an average price target of $2.36 compared to the current price of $1.2. The average price target has increased by 136.0% over the past month.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 6:03 pm