Streetbeat News

Analyst Ratings

CMG

A whale investor has taken a bearish stance on Chipotle Mexican Grill (NYSE:CMG), with 51% of detected trades having bearish expectations. Whales have been targeting a price range of $1,000 to $2,850 for CMG over the last 3 months. TD Cowen maintains an Outperform rating on CMG with a price target of $2,350.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:45 pm

CMCSA

DIS

Truist Securities analyst Matthew Thornton maintains a Buy rating for Walt Disney Co (NYSE:DIS) but lowers the price target from $121 to $105. The analyst factors in the accelerated depreciation of the to-be-shuttered Star Wars hotel in 2H FY23 and sees potential upside from cost rationalization, price actions, and Hulu outcomes.

Portfolio Pulse from Anusuya Lahiri

May 30, 2023 | 6:45 pm

REGN

A whale has taken a bearish stance on Regeneron Pharmaceuticals (NASDAQ:REGN), with 75% of detected unusual options trades being bearish. Whales have been targeting a price range of $600 to $880 for REGN over the last 3 months. Analysts have mixed ratings, with price targets ranging from $811 to $1050.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:31 pm

CFLT

Needham & Company analyst Mike Cikos initiated coverage on Confluent Inc (NASDAQ:CFLT) with a Buy rating and a price target of $35. The analyst is bullish on the solid prospect of open-source Kafka and Confluent's development of a fully-managed Flink offering, potentially driving growth. Cikos expects revenues of $763.7 million in 2023 and $968.7 million in 2024.

Portfolio Pulse from Lekha Gupta

May 30, 2023 | 6:25 pm

GOOG

GOOGL

Credit Suisse analyst Stephen Ju maintains an Outperform rating on Alphabet Inc (Google) with a price target of $135.00. Ju believes that Google's generative AI will improve audience engagement and monetization, increase the value of ad inventory, and help deliver advertising democratization and TAM expansion.

Portfolio Pulse from Anusuya Lahiri

May 30, 2023 | 6:23 pm

CHPT

ChargePoint Inc. (NYSE:CHPT) shares are moving higher after BofA Securities upgraded the stock to Buy. Analyst Alex Vrabel cited proof of execution, improved profitability outlook, and consistency since its PIPE offering. ChargePoint holds a 70% market share in the US networked EV chargers market and is expected to benefit from Tesla's crowded SuperCharger network.

Portfolio Pulse from Ryan Gustafson

May 30, 2023 | 6:22 pm

CRWD

RBC Capital Markets analyst Matthew Hedberg reiterated an Outperform rating on CrowdStrike Holdings, raising the price target to $180 from $170. The company is expected to report its Q1 2024 results on May 31, 2023, with an anticipated EPS of $0.51 and revenues of $676 million. CrowdStrike is in a strong position for cyber-security consolidation, with its TAM expected to expand to $43.6 billion by year-end.

Portfolio Pulse from Nabaparna Bhattacharya

May 30, 2023 | 6:21 pm

CHUY

In the last 3 months, 7 analysts have provided 12-month price targets for Chuy's Holdings (NASDAQ:CHUY), with an average price target of $39.86, up 7.73% from the previous average of $37.00. The ratings include 2 bullish, 3 somewhat bullish, and 2 indifferent.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:02 pm

EW

Over the past 3 months, 16 analysts have published their opinion on Edwards Lifesciences (NYSE:EW) stock, with an average 12-month price target of $94.0. The average price target has increased by 4.98% over the past month.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:02 pm

HIMS

In the last 3 months, 6 analysts have offered 12-month price targets for Hims & Hers Health (NYSE:HIMS), with an average price target of $12.83. The average price target has increased by 4.31% over the past month.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:02 pm