Streetbeat News

Analyst Ratings

HLF

IEP

Icahn Enterprises' stock plummeted 21% to a 14-year low after Bill Ackman, CEO of Pershing Square Capital Management, compared the company to Archegos. This comes after Hindenburg Research accused Icahn of conducting a Ponzi scheme, causing the stock to drop over 60% since May 2.

Portfolio Pulse from Piero Cingari

May 25, 2023 | 8:23 pm

XPEV

XPeng Inc's shares fell after Barclays downgraded the stock from Equal-Weight to Underweight and lowered its price target from $8 to $6 following the company's Q1 financial results. XPeng reported a loss of 37 cents per share and sales of $587.31 million, missing analyst estimates.

Portfolio Pulse from Henry Khederian

May 25, 2023 | 8:22 pm

BMY

Unusual options activity has been observed in Bristol-Myers Squibb (NYSE:BMY), with 10 strange trades detected. Whales have been targeting a price range of $40 to $75 for the company over the last 3 months. Barclays maintains an Equal-Weight rating with a price target of $65, while Credit Suisse maintains a Neutral rating with a price target of $72.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 8:03 pm

EOG

A whale investor has taken a bearish stance on EOG Resources (NYSE:EOG), with 60% of detected trades being bearish and 40% bullish. The total amount for puts is $261,364, and for calls, it is $177,967. Analysts have mixed price targets for EOG, ranging from $141 to $170.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 8:03 pm

MDT

Medtronic (NYSE:MDT) has received 3 somewhat bullish and 3 indifferent analyst ratings in the last quarter, with an average price target of $95.67, implying an upside from the current price of $83.765. The average price target has increased by 10.73% over the past month.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 8:01 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has received mixed analyst ratings in the last quarter, with an average 12-month price target of $29.54. The average price target has increased by 8.96% over the past month.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 8:00 pm

OCEA

Ocean Biomedical (NASDAQ:OCEA) shares are trading higher after the company announced its expected addition to the Russell 2000 Index on June 26, 2023. EF Hutton analyst Tony Butler initiated coverage on OCEA with a Buy rating and a price target of $17.

Portfolio Pulse from Ryan Gustafson

May 25, 2023 | 7:58 pm

AVGO

NVDA

Broadcom Inc. (AVGO) shares rose over 7% in sympathy with NVIDIA Corp (NVDA), which reported outstanding Q1 results and strong guidance. Susquehanna analyst Christopher Rolland maintained a Positive rating for Broadcom and raised the price target to $785 from $690.

Portfolio Pulse from Ryan Gustafson

May 25, 2023 | 7:38 pm

NKE

A whale investor has taken a bearish stance on Nike (NYSE:NKE), with 80% of detected trades having bearish expectations. Whales have been targeting a price range of $95 to $140 for Nike over the last 3 months. Williams Trading downgraded Nike to Sell with a price target of $95.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 7:33 pm

TXN

Unusual options activity has been observed in Texas Instruments (NASDAQ:TXN), with 70% of investors taking a bearish stance. Whales have been targeting a price range of $165 to $200 for the company over the last 3 months. Analysts have maintained various ratings on the stock, with price targets ranging from $159 to $230.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 7:33 pm