Streetbeat News

Analyst Ratings

WEN

Argus Research analyst John Staszak upgraded Wendy's Co (NASDAQ:WEN) to Buy from Hold with a price target of $26. He is bullish on the company's store expansion, international growth, digital business investment, and breakfast service focus. However, he also sees competitive pressure, commodity inflation, and higher labor and utility costs as concerns.

Portfolio Pulse from Lekha Gupta

May 19, 2023 | 5:55 pm

BABA

Analysts re-rated Alibaba (NYSE:BABA) after the company shared its IPO plans for the Cloud division and posted upbeat Q4 results. However, the competition in Commerce & Cloud and the major reorganization are expected to weigh on the stock in the short term before driving value creation in the mid and long term.

Portfolio Pulse from Anusuya Lahiri

May 19, 2023 | 5:51 pm

SHOP

A whale has taken a bearish stance on Shopify (NYSE: SHOP) with 72% of detected unusual options trades being bearish. The price of SHOP is down 1.28% at $60.07. Analysts have mixed ratings on the stock, with price targets ranging from $45 to $80.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 5:46 pm

PYPL

A recent analysis of unusual options activity reveals that 70% of investors have taken a bearish stance on PayPal Holdings (NASDAQ:PYPL), with whales targeting a price range of $40 to $100 over the last 3 months. The current price of PYPL is down 0.7% at $60.84, and RSI indicators suggest a neutral position.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 5:45 pm

DLTR

Telsey Advisory analyst Joseph Feldman reiterated an outperform rating on Dollar Tree Inc (NASDAQ:DLTR) with a price target of $165. The analyst expects solid demand, inflation, and structural changes to boost the company's Q1 earnings, which will be reported on May 25.

Portfolio Pulse from Shivani Kumaresan

May 19, 2023 | 5:45 pm

STXS

B. Riley has set a Buy rating and a $5.50 price target for Stereotaxis (STXS), a medical technology company.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 5:41 pm

DRUNF

TD Securities analyst Sam Damiani maintains a Buy rating on DREAM Unlimited (OTC:DRUNF) but lowers the price target from $43 to $35.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 5:39 pm

AMD

NVDA

AMD shares are trading lower after Cleveland Research reportedly cut its second and third-quarter estimates on the stock. The chipmaker's Q1 results failed to impress investors, despite surpassing consensus expectations. AMD CFO Jean Hu expressed confidence in the second half of the year.

Portfolio Pulse from Anusuya Lahiri

May 19, 2023 | 5:30 pm

KELYA

Barrington Research analyst Kevin Steinke maintains an Outperform rating on Kelly Services (NASDAQ:KELYA) and raises the price target from $23 to $25.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 5:25 pm

TIGR

Daiwa Capital analyst Ling Tan downgraded UP Fintech Holding (NASDAQ:TIGR) from Buy to Hold and lowered the price target from $6 to $2.45.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 5:15 pm