Streetbeat News

Analyst Ratings

MCD

Whales have taken a bearish stance on McDonald's (NYSE:MCD) with 75% of recent options trades being bearish. The trades indicate a price window of $245.0 to $280.0. Analysts have mixed ratings, with some downgrades and an average price target of $295.25.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 6:50 pm

CORZ

Core Scientific shares are trading higher after BTIG maintained a Buy rating on the stock and raised its price target from $10 to $15.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 6:44 pm

CCL

RCL

SPY

Carnival Corp. (NYSE: CCL) received a wave of bullish analyst upgrades following its Q2 earnings beat, with several investment banks raising their price targets. Analysts highlighted strong bookings, pricing momentum, and optimistic guidance for the remainder of the year. Shares of Carnival rose 2% to $18.18, marking the seventh straight session of gains.

Portfolio Pulse from Piero Cingari

June 26, 2024 | 6:40 pm

HOOD

Wolfe Research analyst Steven Chubak upgraded Robinhood Markets Inc. (NASDAQ: HOOD) from Peer Perform to Outperform, citing strong growth prospects and a durable earnings trajectory. Chubak set a new price target of $29, implying a 31% upside. The upgrade is based on robust EPS growth projections and strong free cash flow generation.

Portfolio Pulse from Surbhi Jain

June 26, 2024 | 6:40 pm

CI

Piper Sandler has initiated coverage on Cigna Corporation (NYSE:CI) with an Overweight rating and a price target of $400. The analyst highlights Cigna's leadership in the specialty pharmacy market and its strong EPS growth potential. Cigna's businesses, Cigna Healthcare and Evernorth Health Services, are expected to drive long-term EPS growth at a 10-14% CAGR. The sale of the Medicare Advantage business to HCSC is seen as a positive catalyst for 2025.

Portfolio Pulse from Vandana Singh

June 26, 2024 | 6:40 pm

FATE

Fate Therapeutics shares are trading lower despite an analyst upgrade.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 6:35 pm

HIVE

Canaccord Genuity analyst Joseph Vafi maintains a Buy rating on HIVE Digital Technologies (NASDAQ:HIVE) with a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 6:35 pm

ZTO

Macquarie analyst Ellie Jiang has downgraded ZTO Express (Cayman) (NYSE:ZTO) from Outperform to Neutral and set a price target of $21.2.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 6:26 pm

AMZN

Amazon.com Inc (NASDAQ:AMZN) stock is hitting new all-time highs due to multiple positive developments. BofA Securities analyst Justin Post maintained a Buy rating and raised the price target to $220, citing efficiency gains. Additionally, Amazon is preparing to launch a discount section similar to Temu, which has further boosted investor confidence.

Portfolio Pulse from Adam Eckert

June 26, 2024 | 6:23 pm

BTCUSD

ETHUSD

SOLUSD

DeFi Midas, a pseudonymous analyst, presents a bullish case for Bitcoin and altcoins, countering bearish sentiments. He highlights that current market corrections are normal and consistent with previous bull cycles. Midas points to macro factors like potential changes in the Federal Reserve’s balance sheet and upcoming events like the U.S. elections as catalysts for growth. He advises investors to hold their positions, suggesting that the current crypto bull run may still be in its early stages.

Portfolio Pulse from Khyathi Dalal

June 26, 2024 | 6:20 pm