Streetbeat News

Analyst Ratings

MRVL

A large bearish position on Marvell Tech (NASDAQ:MRVL) has been spotted, with 57% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $37.5 to $60.0 for Marvell Tech over the last 3 months. Oppenheimer downgraded its action to Outperform with a price target of $70.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:46 pm

INTC

A whale has taken a bearish stance on Intel (NASDAQ:INTC) with 60% of detected unusual options trades being bearish. Whales have been targeting a price range of $27.0 to $35.0 for Intel over the last 3 months. Analysts have mixed ratings on Intel, with price targets ranging from $17 to $36.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:45 pm

BBY

Telsey Advisory Group analyst Joseph Feldman maintained a Market Perform rating on Best Buy (NYSE:BBY) with a price target of $81. He expects Q1 results to show a sales decline of 10.1% to $9.6 billion and EPS of $1.24, down 20.8% YoY, due to challenging macro trends, high inflation, and rising interest rates.

Portfolio Pulse from Nabaparna Bhattacharya

May 19, 2023 | 6:44 pm

WMS

Oppenheimer analyst Bryan F. Blair reiterates an Outperform rating on Advanced Drainage Systems (NYSE:WMS) and raises the price target to $115 from $108. The company is well-positioned to navigate end-market weakness and leverage the recovery in construction demand, with growth strategies across new geographies.

Portfolio Pulse from Nabaparna Bhattacharya

May 19, 2023 | 6:35 pm

BEAT

Alliance Global Partners analyst Ben Haynor maintains a Buy rating on HeartBeam (NASDAQ:BEAT) but lowers the price target from $10 to $5.55.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 6:35 pm

FSM

National Bank Financial Inc analyst Don DeMarco maintains a Sector Perform rating on Fortuna Silver Mines (NYSE:FSM) and raises the price target from C$7 to C$7.25.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 6:32 pm

GM

A whale has taken a bullish stance on General Motors (NYSE:GM) with 64% of investors opening trades with bullish expectations and 35% with bearish. Whales have been targeting a price range of $25 to $40 for GM over the last 3 months. The stock is currently down 0.78% at $32.65, with RSI indicators suggesting a neutral position.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:31 pm

FSM

National Bank Financial Inc analyst Don DeMarco maintains a Sector Perform rating on Fortuna Silver Mines (NYSE:FSM) and raises the price target from C$7 to C$7.25.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 6:30 pm

DLR

Citigroup analyst Michael Rollins maintains a Buy rating on Digital Realty Trust (NYSE:DLR) but lowers the price target from $120 to $114.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 6:19 pm

EEFT

Citigroup analyst Andrew Schmidt maintains a Neutral rating on Euronet Worldwide (NASDAQ:EEFT) and raises the price target from $117 to $120.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 6:18 pm