Streetbeat News

Analyst Ratings

DIS

GLBE

SHOP

Analysts are bullish on Global E Online's (GLBE) long-term potential, with Needham's Scott Berg reiterating a Buy rating and a $44 price target. GLBE reported better than expected 1Q results, with GMV growth of 54% Y/Y. Raymond James' Brian Peterson maintains an Outperform rating, raising the price target from $35 to $40. JMP Securities' Patrick Walravens reiterates a Market Outperform rating and a $46 price target.

Portfolio Pulse from Anusuya Lahiri

May 23, 2023 | 6:30 pm

DKS

Telsey Advisory analyst Joseph Feldman reiterated an Outperform rating on Dick's Sporting Goods (NYSE: DKS) with a price target of $160. The company had a solid 1Q23 with inline sales and better-than-anticipated gross margin. However, the macroeconomic environment and higher costs remain potential headwinds.

Portfolio Pulse from Shivani Kumaresan

May 23, 2023 | 6:29 pm

WSM

Telsey Advisory analyst Cristina Fernandez reiterated an Outperform rating on Williams-Sonoma Inc (NYSE:WSM) with a price target of $135. Despite sluggish 1Q23 sales, the company managed SG&A costs tightly through lower advertising and workforce reduction, exceeding operating margin and EPS expectations.

Portfolio Pulse from Shivani Kumaresan

May 23, 2023 | 6:26 pm

AMGN

A whale has taken a bullish stance on Amgen (NASDAQ:AMGN), with 54% of investors opening trades with bullish expectations and 45% with bearish. Whales have been targeting a price range of $220 to $250 for Amgen over the last 3 months. The stock is currently up 0.74% at $225.64.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 6:16 pm

FDX

A whale investor has taken a bearish stance on FedEx (NYSE:FDX), with 61% of detected trades having bearish expectations. Whales have been targeting a price range of $170 to $250 for FedEx over the last 3 months. Deutsche Bank maintains a Buy rating on FedEx with a price target of $282.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 6:16 pm

MU

SSNLF

Mizuho analyst Vijay Rakesh reiterates a Buy rating on Micron Technology (NASDAQ:MU) with a price target of $72.00, despite China's Cybersecurity Administration banning Chinese operators of crucial infrastructure from purchasing from the company. The analyst sees this as a buying opportunity and believes the restrictions could impact China's technology and AI expansion plans.

Portfolio Pulse from Anusuya Lahiri

May 23, 2023 | 6:14 pm

VQS

Zacks Small-Cap Research has set a $3 price valuation for VIQ Solutions, a technology company specializing in AI-driven transcription services.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:06 pm

JPM

In the last quarter, JPMorgan Chase (NYSE:JPM) received 1 bullish, 16 somewhat bullish, and 3 indifferent analyst ratings. The average price target is $160.25, compared to the current price of $137.49, implying an upside. The average price target has increased by 0.99% over the past month.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 6:05 pm

FOXA

Six analysts have provided indifferent ratings for Fox Corporation (NASDAQ:FOXA) within the last quarter, with an average price target of $34.83, representing a 9.3% decrease from the previous average price target of $38.40.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 6:04 pm

AVGO

12 analysts have provided ratings for Broadcom (NASDAQ:AVGO) in the last quarter, with 7 bullish, 4 somewhat bullish, and 1 indifferent. The average 12-month price target is $716.67, with a high of $800 and a low of $600. The average price target has increased by 9.85% over the past month.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 6:03 pm