Streetbeat News

Analyst Ratings

AMBA

Ambarella Inc (NASDAQ:AMBA) shares dropped despite reporting upbeat Q1 earnings, as investors were concerned about the company's weak Q2 forecast. Analysts from Susquehanna, Needham, and Oppenheimer provided their insights on the earnings release.

Portfolio Pulse from Priya Nigam

May 31, 2023 | 5:19 pm

OXY

A large bearish position on Occidental Petroleum (NYSE:OXY) has been observed, with 69% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $49.0 to $70.0 for OXY over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:17 pm

IVA

Inventiva shares are trading higher after Roth MKM initiated coverage on the stock with a Buy rating and an $11 price target.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 5:10 pm

LXRX

Lexicon Pharmaceuticals' stock is trading higher after Citigroup maintained a Buy rating and raised its price target from $6 to $8.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 5:09 pm

FIVN

Mizuho initiated coverage on Five9 with a Buy rating and a $100 price target, leading to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 5:07 pm

INTC

Deutsche Bank analyst Ross Seymore has reiterated a Hold rating on Intel (NASDAQ:INTC) and maintained a $32 price target.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 5:07 pm

UNH

A whale has taken a bearish stance on UnitedHealth Group (NYSE:UNH), with 63% of detected trades having bearish expectations. Whales have been targeting a price range of $480 to $510 for UNH over the last 3 months. Piper Sandler downgraded its action to Overweight with a price target of $580, while JP Morgan maintained their Overweight rating with a price target of $562.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:06 pm

ISRG

Intuitive Surgical (NASDAQ:ISRG) has received 24 analyst ratings in the last quarter, with 7 bullish, 9 somewhat bullish, and 8 indifferent ratings. The average 12-month price target is $307.04, up 9.48% from the previous average of $280.45.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:06 pm

NVT

nVent Electric (NYSE:NVT) has received 1 bullish and 4 somewhat bullish ratings in the last quarter. The average 12-month price target for the company is $53.4, up 3.89% from the previous average of $51.40.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:05 pm

CAR

In the last quarter, Avis Budget Gr (NASDAQ:CAR) received one bullish rating and three indifferent ratings from analysts. The company's average 12-month price target is $220.5, representing a 3.61% decrease from the previous average of $228.75.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:04 pm