Streetbeat News

Analyst Ratings

MU

Benzinga's options scanner detected over 17 options trades for Micron Technology (NASDAQ:MU) totaling $928,536. Whales have been targeting a price range of $55.0 to $85.0 for the stock over the last 3 months. Citigroup downgraded its action to Buy with a price target of $75, while BMO Capital and Wells Fargo maintained their Outperform and Overweight ratings with price targets of $80 and $82, respectively.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:17 pm

LI

A large bearish position on Li Auto (NASDAQ:LI) has been spotted, with 57% of big-money traders being bearish and 42% bullish. Whales have been targeting a price range of $25.0 to $42.0 for Li Auto over the last 3 months. Citigroup, Barclays, and B of A Securities maintain positive ratings on the stock.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:16 pm

RIOT

In the last 3 months, 6 analysts have offered 12-month price targets for Riot Platforms (NASDAQ:RIOT), with an average price target of $12.67, up 31.7% from the previous average of $9.62. The company has received 4 bullish, 1 somewhat bullish, and 1 indifferent rating.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:06 pm

CPB

In the last quarter, Campbell Soup (NYSE:CPB) received 7 indifferent analyst ratings with an average 12-month price target of $52.71, up 0.73% from the previous average of $52.33.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:06 pm

CAT

A whale investor has taken a bullish stance on Caterpillar (NYSE:CAT), with 53% of detected trades having bullish expectations and 46% bearish. Whales have been targeting a price range of $200 to $230 for Caterpillar over the last 3 months. Tigress Financial and DA Davidson maintain Buy and Outperform ratings, respectively, while Baird maintains an Underperform rating.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:04 pm

HLIT

In the last quarter, 11 analysts have rated Harmonic (NASDAQ:HLIT) with 9 bullish, 2 somewhat bullish, and 0 bearish ratings. The average price target is $21.18, implying an upside from the current price of $17.97. The average price target has increased by 5.9% over the past month.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:04 pm

CBT

Cabot (NYSE:CBT) has received 1 bullish, 2 somewhat bullish, and 1 indifferent analyst rating in the last quarter, with an average price target of $86.25, implying an upside from the current price of $73.85. The average price target has decreased by 4.52% from the previous average of $90.33.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:02 pm

SRPT

24 analysts have rated Sarepta Therapeutics (NASDAQ:SRPT) over the past quarter, with an average price target of $171.67, implying an upside from the current price of $127.825. The average price target has increased by 2.18% over the past month.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:01 pm

CLPR

DBRG

EQR

Three REITs, DigitalBridge Group Inc. (DBRG), Clipper Realty Inc. (CLPR), and Equity Residential (EQR), have received analyst upgrades this week. Keefe, Bruyette & Woods upgraded DBRG to Outperform with a target price of $17.50, Raymond James upgraded CLPR to Outperform with a target price of $7, and BMO Capital Markets upgraded EQR to Market Perform with a target price of $64.

Portfolio Pulse from Ethan Roberts

June 06, 2023 | 2:57 pm

INTU

Recent unusual options activity shows a whale taking a bullish stance on Intuit (NASDAQ:INTU). 50% of investors opened trades with bullish expectations, while the other 50% had bearish expectations. Whales have been targeting a price range of $420 to $470 for Intuit over the last 3 months. Several financial institutions maintain Buy or Overweight ratings on Intuit with price targets ranging from $485 to $550.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 2:47 pm