Streetbeat News

Analyst Ratings

PODD

In the last quarter, Insulet (NASDAQ:PODD) received 1 bullish, 3 somewhat bullish, and 4 indifferent analyst ratings. The average price target is $348.38, representing an upside from the current price of $273.05. The average price target has increased by 6.91% over the past month.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:00 pm

JNJ

KVUE

RBC Capital Markets analyst Nik Modi initiated coverage on Kenvue Inc (NYSE:KVUE) with an Outperform rating and a price target of $29. Kenvue is Johnson & Johnson's (NYSE:JNJ) consumer-healthcare business carve-out. The analyst is bullish on Kenvue's strong portfolio of iconic brands and expects organic sales growth in mid-single-digits in the near term.

Portfolio Pulse from Lekha Gupta

May 30, 2023 | 5:57 pm

AVGO

Broadcom Inc. (NASDAQ:AVGO) shares are rising after several analysts raised their price targets on the stock, ranging from $820 to $890. This comes ahead of Broadcom's Q2 earnings report on June 1, with expected earnings of $10.08 per share on quarterly revenue of $8.7 billion.

Portfolio Pulse from Ryan Gustafson

May 30, 2023 | 5:47 pm

NVDA

A large bearish position on NVIDIA (NASDAQ:NVDA) has been spotted, with 58% of big-money traders being bearish and 41% bullish. Whales have been targeting a price range of $125 to $770 for NVIDIA over the last 3 months. The stock is currently up 3.76% at $404.09.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:31 pm

F

A whale investor has taken a bullish stance on Ford Motor (NYSE:F), with 53% of detected trades having bullish expectations and 46% bearish. Whales have been targeting a price range of $7.35 to $13.0 for Ford over the last 3 months. Analysts have mixed ratings on the stock, with price targets ranging from $12 to $20.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:16 pm

PDD

Benchmark analyst Fawne Jiang reiterated a Buy rating on PDD Holdings Inc. (NASDAQ:PDD), raising the price target to $125. PDD reported Q1 FY23 revenue growth of 58% YoY to $5.48 billion, beating consensus estimates. The analyst attributed the outperformance to resilient demand for value products and the company's adaptive strategies.

Portfolio Pulse from Nabaparna Bhattacharya

May 30, 2023 | 5:16 pm

PCTY

Paylocity Holding (NASDAQ:PCTY) has received mixed ratings from 9 analysts in the last quarter, with an average price target of $243.0, implying an upside from the current price of $172.34. The average price target has decreased by 7.46% from the previous average of $262.60.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:06 pm

CRWD

In the last 3 months, 24 analysts have provided 12-month price targets for CrowdStrike Holdings (NASDAQ:CRWD), with an average target of $168.88. The average price target has increased by 12.09% over the past month.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:06 pm

BAX

In the last 3 months, 9 analysts have offered 12-month price targets for Baxter Intl (NYSE:BAX), with an average price target of $49.56, up 5.45% from the previous average of $47.00. The company has received 1 bullish, 3 somewhat bullish, and 5 indifferent ratings in the last quarter.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:04 pm

VRTX

Analysts have provided various ratings for Vertex Pharmaceuticals (NASDAQ:VRTX) within the last quarter, with an average price target of $367.13, implying an upside from the current price of $323.24. The current average has increased by 13.81% from the previous average price target of $322.58.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:03 pm