Streetbeat News

Analyst Ratings

RMBS

In the last quarter, Rambus (NASDAQ:RMBS) received 4 bullish analyst ratings with an average 12-month price target of $62.5, a 25% increase over the past month. Analysts derive their ratings from various sources, including company conference calls, financial statements, and insider conversations.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 6:01 pm

RJF

In the last quarter, Raymond James Finl (NYSE:RJF) received 1 bullish, 1 somewhat bullish, and 4 indifferent analyst ratings. The average 12-month price target for RJF is $107.0, down 9.32% from the previous average of $118.00.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 6:00 pm

CHD

CHWY

COST

PBH

ULTA

WMT

Oppenheimer analyst Rupesh Parikh has reiterated an Outperform rating on Costco Wholesale Corporation (NASDAQ:COST) and raised the price target from $550 to $575. Costco is back to top pick status, with an improved near-term outlook for outperformance. Other top picks include Church & Dwight Co Inc (NYSE:CHD), Chewy Inc (NYSE:CHWY), Prestige Consumer Healthcare Inc (NYSE:PBH), Ulta Beauty Inc (NASDAQ:ULTA), and Walmart Inc (NYSE:WMT).

Portfolio Pulse from Shivani Kumaresan

June 05, 2023 | 5:59 pm

DBRG

Keefe, Bruyette & Woods analyst Jade J. Rahmani upgraded DigitalBridge Group Inc (NYSE:DBRG) to Outperform from Market Perform with an increased price target of $17.5 from $12.5. The upgrade reflects potential growth in digital infrastructure demand and strong acquisitions. Rahmani projects FEEUM growth of 22% Y/Y in 2023 and 24% in 2024.

Portfolio Pulse from Lekha Gupta

June 05, 2023 | 5:47 pm

MCD

A whale has taken a bearish stance on McDonald's (NYSE:MCD) with 57% of detected unusual options trades being bearish. The total trade amount for puts is $263,855, while calls amount to $1,089,955. Whales have been targeting a price range of $140 to $315 for McDonald's over the last 3 months. TD Cowen maintains an Outperform rating with a price target of $326.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 5:47 pm

FORR

Barrington Research analyst Vincent A.Colicchio has assigned an Outperform rating on Forrester Research Inc (NASDAQ:FORR) with a price target of $32. The company introduced Forrester Decisions, a new subscription-based research product bundle in August 2021, which is expected to replace all legacy research subscription contracts by the end of 2024. However, research subscription bookings slowed in Q1/23 due to economic headwinds, client losses, and longer sales cycles for Forrester Decisions.

Portfolio Pulse from Shivani Kumaresan

June 05, 2023 | 5:44 pm

ADI

Recent unusual options activity shows a bearish stance on Analog Devices (NASDAQ:ADI), with 63% of investors having bearish expectations. Whales have been targeting a price range of $145 to $200 for the company over the last 3 months. The stock is currently down 2.23% at $175.79, with RSI indicators suggesting a neutral position.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 5:17 pm

EL

In the last 3 months, 20 analysts have offered 12-month price targets for Estee Lauder Cos (NYSE:EL), with an average price target of $259.2, down 10.49% from the previous average of $289.59. The company has received 4 bullish, 13 somewhat bullish, and 3 indifferent ratings.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 5:03 pm

TRU

In the last quarter, TransUnion (NYSE:TRU) received 1 bullish, 2 somewhat bullish, and 3 indifferent analyst ratings. The average price target is $77.17, implying an upside from the current price of $73.9. The average price target has increased by 6.81% over the past month.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 5:03 pm

MELI

A whale has taken a bearish stance on MercadoLibre (NASDAQ:MELI), with 60% of detected unusual options trades being bearish. Whales have been targeting a price range of $1,000 to $1,540 for MercadoLibre over the last 3 months. JP Morgan maintains an Overweight rating on the stock with a price target of $1,700.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 5:03 pm