Streetbeat News

Analyst Ratings

AVGO

Whale investors have shown a bearish stance on Broadcom (NASDAQ:AVGO), with 64% of detected trades being bearish. The trading activity suggests a price range target from $730 to $2000 for the next three months. Notable options activity includes both bearish and bullish trades with varying strike prices and sentiments. Broadcom, a leading semiconductor company, has seen a slight decrease in its stock price to $1338.76. Analysts have mixed opinions but generally maintain positive ratings with target prices ranging from $1405 to $1600.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 8:45 pm

EDR

Seaport Global analyst David Joyce downgrades Endeavor Gr Hldgs (NYSE:EDR) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:29 pm

AIT

Oppenheimer analyst Christopher Glynn has initiated coverage on Applied Industrial Technologies (AIT) with an Outperform rating and set a price target of $235.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:27 pm

KVYO

Scotiabank analyst Nick Altmann initiates coverage on Klaviyo (NYSE:KVYO) with a Sector Perform rating and a price target of $30.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:26 pm

PRME

Wedbush analyst David Nierengarten initiates coverage on Prime Medicine (NASDAQ:PRME) with an Outperform rating and a price target of $12.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:24 pm

INFA

Baird analyst William Power initiates coverage on Informatica with an Outperform rating and a price target of $43.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:23 pm

LOW

Zelman & Assoc downgraded Lowe's Companies (NYSE:LOW) from Outperform to Neutral and set a price target of $265.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:18 pm

HD

Zelman & Assoc has upgraded Home Depot (NYSE:HD) from Neutral to Outperform, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:16 pm

KMX

Wedbush analyst Seth Basham maintains an Outperform rating on CarMax (KMX) and raises the price target from $90 to $100.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:13 pm

BONK

SOL

WIF

Pseudonymous cryptocurrency trader Altcoin Sherpa views Bonk (CRYPTO: BONK) as having a better potential upside compared to other meme coins despite its recent 11% monthly loss. Bonk maintains good liquidity and could reclaim its top Solana meme coin position with certain catalysts. However, Dogwifhat (CRYPTO: WIF) has overtaken Bonk as the top meme coin on Solana. Despite the challenges, Bonk has seen a significant yearly gain of 3,539.6% and recently burned 2.5 billion BONK tokens. The future of meme coins and Bitcoin as an institutional asset will be discussed at Benzinga's Future of Digital Assets event.

Portfolio Pulse from Khyathi Dalal

April 02, 2024 | 8:12 pm