Streetbeat News

Analyst Ratings

ANET

Investors have shown a significant interest in Arista Networks (NYSE:ANET) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 32 unusual trades, indicating a focus on a price range between $250 and $450 for ANET. The trading activity includes both calls and puts, with a notable volume and open interest in specific strike prices. Arista Networks, a provider of networking equipment, has seen its stock price slightly decrease by 0.2% to $290.27. Analysts from Goldman Sachs and Evercore ISI Group have issued positive ratings with target prices of $356 and $300, respectively.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 6:16 pm

ETN

Options market analysis reveals a mixed sentiment towards Eaton Corp (NYSE:ETN), with a nearly even split between bullish and bearish trades. The options activity suggests a price target range of $260 to $400. The largest trades indicate a bullish outlook, despite a slight bearish sentiment in call sweeps. Eaton Corp, a diversified power management company, shows a slight decrease in stock price to $313.95, with potential overbought indicators. Analysts maintain a positive outlook, with an average target price of $328.6, suggesting potential growth.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 6:16 pm

AMZN

BofA analyst Justin Post reiterated a Buy rating on Amazon (AMZN) with a $204 price target, highlighting the company's adaptation in its grocery strategy. Amazon plans to replace its Just Walk Out technology with Dash Carts in most Fresh locations due to customer feedback favoring real-time spending tracking. The company is also focusing on revamping store features and expanding automated fulfillment centers to enhance online grocery delivery efficiency. These changes are part of Amazon's ongoing efforts to refine its grocery offerings and strategy, with potential for increased investment in 2024.

Portfolio Pulse from Anusuya Lahiri

April 03, 2024 | 6:15 pm

VTSI

Roth MKM analyst Richard Baldry has maintained a Buy rating on VirTra (NASDAQ:VTSI) and increased the price target from $14.5 to $19.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 6:11 pm

AUGX

B. Riley Securities analyst Neil Chatterji reinstated a Buy rating on Augmedix (NASDAQ:AUGX) and set a price target of $5.5. This indicates a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 6:06 pm

ULTA

Raymond James analyst Olivia Tong maintains a Strong Buy rating on Ulta Beauty (NASDAQ: ULTA) but lowers the price target from $630 to $610.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 6:04 pm

JLL

Raymond James analyst Patrick O'Shaughnessy upgraded Jones Lang LaSalle (JLL) from Outperform to Strong Buy and increased the price target from $218 to $246.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 6:03 pm

CWK

Raymond James analyst Patrick O'Shaughnessy downgraded Cushman & Wakefield (CWK) from Strong Buy to Outperform, while maintaining a $13 price target.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 6:02 pm

WT

WisdomTree (NYSE:WT) has received mixed analyst ratings over the last three months, with an average 12-month price target of $11.75, up from the previous $10.50. Analysts from Northland Capital Markets, Craig-Hallum, and Oppenheimer have provided ratings, with recent actions including announcements and raises in price targets. WisdomTree's financial performance shows a revenue growth of 23.92% as of December 31, 2023, but it lags behind industry peers in market capitalization, net margin, and ROE, while excelling in ROA and maintaining a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 6:01 pm

PG

Analysts have provided diverse opinions on Procter & Gamble (NYSE:PG) with 12 ratings over the last three months, showing a shift towards more bullish sentiments. The average 12-month price target for PG has increased to $166.58 from $163.00, indicating a positive outlook. The company's financial performance is strong, with notable revenue growth and net margin, although its ROE is below industry standards. PG's market capitalization and positive financial indicators suggest a robust market position.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 6:01 pm