Streetbeat News

Analyst Ratings

EOG

In the last quarter, EOG Resources (NYSE:EOG) received 7 bullish, 10 somewhat bullish, and 1 indifferent analyst ratings. The average price target is $148.44, representing an upside from the current price of $110.2896. This average is a 3.3% decrease from the previous average price target of $153.50.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 4:00 pm

INSP

In the last quarter, Inspire Medical Systems (NYSE: INSP) received 5 bullish and 3 somewhat bullish ratings from analysts, with an average price target of $312.5, implying an upside from the current price of $300.995. The average price target has increased by 1.92% from the previous average of $306.60.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 4:00 pm

ANET

CSCO

JNPR

Cisco Systems reported better-than-expected fiscal Q3 earnings, but analysts maintain caution due to a 23% YoY decline in orders and concerns about organic demand trends. Peers like Arista Networks and Juniper Networks may be gaining market share in certain segments.

Portfolio Pulse from Priya Nigam

May 18, 2023 | 3:54 pm

ALGM

A new short report from The Bear Cave raises concerns about Allegro MicroSystems Inc (NASDAQ:ALGM) due to its complex relationships with Sanken Electric and Polar Semiconductor. The report questions whether transactions between Allegro and Polar are conducted at fair market rates and highlights financial losses at Polar despite Allegro's profits.

Portfolio Pulse from Michael Cohen

May 18, 2023 | 3:33 pm

MRVL

A large investor has taken a bullish stance on Marvell Tech (NASDAQ:MRVL), with Benzinga's options scanner spotting 11 uncommon options trades. The overall sentiment is split between 63% bullish and 36% bearish. Whales have been targeting a price range of $20 to $60 for Marvell Tech over the last 3 months. Stifel maintains a Buy rating on the company with a price target of $56.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 3:31 pm

APLD

Applied Digital shares are trading higher after Needham maintained a Buy rating on the stock and raised its price target from $5.5 to $8.5.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 3:31 pm

DT

Dynatrace shares are trading higher after multiple analysts raised their price targets following the company's Q4 earnings report.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 3:10 pm

TTWO

Take-Two Interactive Software (NASDAQ:TTWO) reported a 56% YoY growth in Q4 revenue to $1.45 billion. Analysts are bullish on the company's outlook, with expectations of Grand Theft Auto 6 launching in FY25. Price targets have been raised by Wedbush and Benchmark analysts.

Portfolio Pulse from Priya Nigam

May 18, 2023 | 3:03 pm

CSCO

In the last 3 months, 7 analysts have offered 12-month price targets for Cisco Systems (NASDAQ:CSCO), with an average price target of $59.57. The average price target has increased by 3.06% over the past month.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 3:01 pm

SNA

In the last 3 months, 6 analysts have offered 12-month price targets for Snap-on (NYSE:SNA), with an average price target of $278.33, a high of $302.00, and a low of $240.00. The average price target has increased by 3.95% over the past month.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 3:01 pm