Streetbeat News

Analyst Ratings

PRST

Chardan Capital analyst Brian Dobson upgraded Presto Automation Inc (NASDAQ:PRST) to Buy from Neutral with a price target of $5, up from $4.25. The upgrade is due to the company's focus on its drive-thru AI business segment, including a recent deal with CKE Restaurants. PRST shares are trading higher by 20.2% at $3.27.

Portfolio Pulse from Lekha Gupta

June 01, 2023 | 5:54 pm

UUUU

Gordon Johnson has released a note suggesting aggressive addition to all uranium long positions, with traders circulating the note and watching Energy Fuels (UUUU).

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 5:44 pm

PCG

UUUU

Gordon Johnson of GLJ Research suggests aggressively adding to all uranium longs as PG&E faces insufficient uranium fuel for Diablo Canyon and has to buy over 6 million lbs on a short-term contract. The ADVANCE Act, Japan's law to extend reactor lifetimes, and a ban on Russian enriched uranium are also factors.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 5:42 pm

CRDO

MSFT

Mizuho analyst Vijay Rakesh reiterated a Buy rating on Credo Technology Group Holding Ltd (NASDAQ:CRDO) and raised the price target to $18 from $16. Credo's advanced SerDes analog design positions it well against competitors, and it could see multi-year adoption starting with Microsoft Corporation (NASDAQ:MSFT). Q4 earnings aligned with estimates, while sales surpassed expectations.

Portfolio Pulse from Nabaparna Bhattacharya

June 01, 2023 | 5:39 pm

HUM

A large bearish position on Humana (NYSE:HUM) has been spotted, with 60% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $485 to $580 for Humana over the last 3 months. JP Morgan maintains an Overweight rating on Humana with a price target of $576.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 5:36 pm

TSM

Needham analyst Charles Shi reiterates a Buy rating for Taiwan Semiconductor Manufacturing Company Ltd (TSM) and raises the price target from $110 to $118. Shi anticipates TSMC will announce capital expenditure cuts in its upcoming earnings call, which he believes will preserve the company's pricing power.

Portfolio Pulse from Anusuya Lahiri

June 01, 2023 | 5:30 pm

M

Traders are circulating a rumor that Macy's has been upgraded to a 'Buy' rating at Gordon Haskett.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 5:20 pm

MNPR

HC Wainwright & Co. analyst Sean Lee reiterated a Buy rating on Monopar Therapeutics (NASDAQ:MNPR) and maintained a $17 price target.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 5:05 pm

BNTX

Over the past 3 months, 15 analysts have published their opinion on BioNTech (NASDAQ:BNTX) stock, with 7 bullish and 8 indifferent ratings. The company has an average 12-month price target of $163.07, a decrease of 10.37% from the previous average of $181.93.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 5:04 pm

BWA

BorgWarner (NYSE:BWA) has received 7 analyst ratings in the last quarter, with an average price target of $53.57, implying an upside from the current price of $45.59. The current average represents a 2.6% decrease from the previous average price target of $55.00.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 5:04 pm