Streetbeat News

Analyst Ratings

AAL

Citigroup analyst Stephen Trent reiterated a Neutral rating on American Airlines Group (NASDAQ:AAL) and raised the price target from $15.5 to $17.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 3:36 pm

SNOW

A whale investor has taken a bearish stance on Snowflake (NYSE:SNOW), with 54% of detected trades having bearish expectations. Whales have been targeting a price range of $172.5 to $200 for Snowflake over the last 3 months. Analysts have mixed price targets, ranging from $148 to $215.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:32 pm

MMM

A whale has taken a bearish stance on 3M (NYSE:MMM), with 61% of detected unusual options trades being bearish. Whales have been targeting a price range of $90 to $105 for 3M over the last 3 months. RBC Capital downgraded its action to Underperform with a price target of $95, while UBS maintained a Neutral rating with a price target of $95.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:31 pm

EPAM

Needham analyst Mayank Tandon reiterated a Buy rating on EPAM Systems (NYSE:EPAM) but lowered the price target from $325 to $275.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 3:30 pm

AMZN

DISH

T

AT&T shares are trading higher by 1.15% despite recent volatility due to rumors of DISH Network selling wireless plans through Amazon. However, leading U.S. wireless carriers announced they are not in discussions with Amazon for budget-friendly wireless services. HSBC analyst Adam Fox-Rumley maintained a Buy rating for AT&T and lowered the price target from $21 to $19.

Portfolio Pulse from Henry Khederian

June 05, 2023 | 3:18 pm

CDNS

In the last quarter, Cadence Design Sys (NASDAQ:CDNS) received 2 bullish and 4 somewhat bullish ratings from analysts. The average 12-month price target for the stock is $235.5, up 5.69% from the previous average of $222.83.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:05 pm

JBHT

In the last 3 months, 13 analysts have provided 12-month price targets for JB Hunt Transport Servs (NASDAQ:JBHT), with an average price target of $194.92, down 2.5% from the previous average of $199.91.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:04 pm

LRCX

Lam Research (NASDAQ:LRCX) has received 2 bullish and 3 indifferent analyst ratings in the last quarter. The average 12-month price target for the stock is $574.0, with a high of $725.00 and a low of $500.00, increasing by 11.89% over the past month.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:04 pm

RAPT

In the last quarter, RAPT Therapeutics (NASDAQ:RAPT) received 7 bullish and 1 somewhat bullish analyst ratings. The company has an average 12-month price target of $40.5, representing a 9.19% decrease from the previous average price target of $44.60.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:03 pm

C

A whale investor has taken a bearish stance on Citigroup (NYSE:C), with 60% of detected trades having bearish expectations. Whales have been targeting a price range of $22.5 to $65.0 for Citigroup over the last 3 months. The stock is currently down 0.3% at $46.18, with a neutral RSI indicator.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:02 pm