Streetbeat News

Analyst Ratings

TDOC

Teladoc Health Inc (NYSE:TDOC) shares plummeted after reporting Q4 revenue below expectations and weak Q1 guidance. Analysts from RBC Capital Markets, DA Davidson, Piper Sandler, Stifel, Truist, and Guggenheim provided mixed reviews, adjusting price targets and expressing concerns over growth and profitability. Despite some positive aspects like chronic care enrollment growth, the overall sentiment was cautious, with a significant stock price drop.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 5:44 pm

WPM

National Bank Financial Inc analyst Shane Nagle downgraded Wheaton Precious Metals from Outperform to Sector Perform, indicating a neutral outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:39 pm

VZIO

JP Morgan analyst Cory Carpenter downgrades VIZIO Holding (VZIO) from Overweight to Neutral but raises the price target from $10 to $11.5.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:33 pm

VZIO

Craig-Hallum analyst Jason Kreyer downgrades VIZIO Holding (NYSE:VZIO) from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:31 pm

SEDG

Scotiabank analyst Tristan Richardson maintains a Sector Perform rating on SolarEdge Technologies (SEDG) and lowers the price target from $93 to $90.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:26 pm

AVGO

NVDA

TSLA

TSM

Broadcom Inc (NASDAQ:AVGO) has seen a 10% increase in shares, potentially positioning it to overtake Tesla Inc (NASDAQ:TSLA) in market capitalization. This comes as Tesla's shares have slumped 22%. Broadcom's upcoming quarterly earnings on March 7 are highly anticipated, with expectations of significant revenue and earnings growth, partly due to its acquisition of VMWare. Comparatively, Nvidia Inc (NASDAQ:NVDA) has outperformed with a 235% gain in shares, but both Broadcom and Nvidia face potential volatility ahead of Nvidia's earnings report. Analysts remain bullish on Broadcom, with several raising their price targets.

Portfolio Pulse from Neil Dennis

February 21, 2024 | 5:24 pm

PANW

Scotiabank analyst Patrick Colville has maintained a Sector Outperform rating on Palo Alto Networks (NASDAQ:PANW) but has lowered the price target from $363 to $337.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:16 pm

ZS

Significant bearish options activity has been observed in Zscaler (NASDAQ:ZS), with a notable volume of puts and calls indicating a bearish sentiment among big-money traders. The options activity suggests a price target range of $125 to $350 for ZS. Despite this, Zscaler's stock is currently down by -14.36%, trading at $213.27, with an earnings announcement expected in 8 days. Analyst ratings in the last month have varied, with an average target price of $241.8.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:16 pm

UNH

UnitedHealth Group (NYSE:UNH) has seen unusual options activity, with a bullish sentiment from significant investors. Benzinga's options scanner revealed 9 transactions, predominantly bullish. The focus is on a price range of $500.0 to $650.0. UNH's current stock price is $524.02, with an RSI indicating potential overbought status. Analysts have a consensus target price of $605.0, with Stephens & Co. recently lowering its rating to Overweight.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:16 pm

CZR

JMP Securities analyst Jordan Bender has reiterated a 'Market Outperform' rating on Caesars Entertainment (NASDAQ:CZR), maintaining a price target of $65.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 5:13 pm