Streetbeat News

Analyst Ratings

APLD

B. Riley Securities analyst Lucas Pipes maintains a Buy rating on Applied Digital (NASDAQ:APLD) and raises the price target from $7 to $17.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 6:09 pm

CRMD

CorMedix has resubmitted its New Drug Application for DefenCath to the FDA, with potential approval in 2023. JMP Securities has increased the price target for CorMedix from $16 to $19, maintaining a Market Outperform rating. The company has a cash position of $59 million, sufficient to fund operations until 1H 2024.

Portfolio Pulse from Vandana Singh

May 19, 2023 | 6:09 pm

RELI

EF Hutton analyst Edward Reilly maintains a Buy rating on Reliance Global Group (NASDAQ:RELI) and raises the price target from $4 to $7.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 6:07 pm

AMAM

Cantor Fitzgerald initiated coverage on Ambrx Biopharma Inc (NASDAQ: AMAM) with an Overweight rating and a price target of $25. The analyst believes the peak sales potential of Ambrx's pipeline of antibody-drug conjugates (ADCs) is underappreciated and that the company has sufficient capital to execute its development plans into 2025.

Portfolio Pulse from Vandana Singh

May 19, 2023 | 6:04 pm

AEP

In the last quarter, American Electric Power (NASDAQ:AEP) received 2 bullish, 6 somewhat bullish, 3 indifferent, and 1 bearish ratings from 12 analysts. The average 12-month price target is $100.96, down 2.32% from the previous average of $103.36.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:03 pm

EXP

In the last quarter, Eagle Materials (NYSE:EXP) received 2 bullish, 1 somewhat bullish, and 1 indifferent analyst rating. The average price target is $186.25, implying an upside from the current price of $166.73. The average price target has increased by 20.36% over the past month.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:03 pm

EGHT

In the last quarter, 8x8 (NASDAQ:EGHT) received 5 bullish, 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish ratings from 9 analysts. The average 12-month price target for the stock is $5.56, up 11.87% from the previous average of $4.97.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:02 pm

NDLS

Over the past 3 months, 5 analysts have published their opinion on Noodles (NASDAQ:NDLS) stock, with 2 bullish, 2 somewhat bullish, and 1 indifferent. The company has an average 12-month price target of $7.4, representing a 7.5% decrease from the previous average of $8.00.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:02 pm

ADSK

Over the past 3 months, 17 analysts have published their opinion on Autodesk (NASDAQ:ADSK) stock, with an average 12-month price target of $236.82, representing a 5.17% decrease from the previous average price target of $249.73.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:01 pm

WMT

Over the past 3 months, 28 analysts have published their opinions on Walmart (NYSE:WMT) stock, with an average 12-month price target of $165.57. The majority of analysts are somewhat bullish, and the average price target has increased by 3.42% over the past month.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:01 pm