Streetbeat News

Analyst Ratings

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

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