Streetbeat News

Analyst Ratings

SGH

SMART Global Holdings, Inc. (NASDAQ:SGH) is anticipated to release its Q2 earnings after the market closes on April 9, 2024, with analysts expecting a decrease in earnings per share from 76 cents to 25 cents year-over-year, and a projected quarterly revenue of $283.79 million. The company previously announced a $75 million share repurchase authorization. Shares fell 2% to $25.49 recently. Analysts from Needham, Rosenblatt, Deutsche Bank, and Barclays have provided updated ratings and price targets for SGH.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 2:38 pm

CASH

Keefe, Bruyette & Woods analyst Michael Perito maintains a Market Perform rating on Pathward Financial and lowers the price target from $60 to $58.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:36 pm

RCM

Guggenheim analyst Jack Wallace has maintained a Buy rating on R1 RCM (NASDAQ:RCM) but lowered the price target from $17 to $15.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:34 pm

KRUS

Lake Street analyst Mark Smith has maintained a Hold rating on Kura Sushi USA (NASDAQ:KRUS) and increased the price target from $70 to $93.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:34 pm

CALB

Keefe, Bruyette & Woods analyst Wood Lay maintains an Outperform rating on California Bancorp (NASDAQ:CALB) but lowers the price target from $26.5 to $23.5.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:33 pm

LWAY

Lake Street has initiated coverage on Lifeway Foods (NASDAQ:LWAY) with a Buy rating and set a price target of $25.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:32 pm

C

Keefe, Bruyette & Woods analyst David Konrad maintains a Market Perform rating on Citigroup and raises the price target from $54 to $66.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:32 pm

INTC

Recent unusual options activity in Intel (NASDAQ:INTC) suggests a divided sentiment among deep-pocketed investors, with 46% bullish and 53% bearish. The activity focuses on a price range between $30.0 and $50.0. Notable trades include both puts and calls with varying sentiments and strike prices. Intel's current market position shows a slight decrease in stock price, with an RSI indicating potential oversold conditions. Analyst ratings in the last 30 days present a mixed outlook, with an average price target of $50.4.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:31 pm

LLY

Eli Lilly and Co (NYSE:LLY) has seen significant options trading activity, with a bearish sentiment prevailing among investors. Analysis of 22 trades revealed 40% bullish and 59% bearish positions, with a focus on strike prices between $490.0 and $830.0. The volume and open interest in options suggest that big players are targeting this price range. Notably, the largest trades include both bullish and bearish calls with expiration dates ranging from April 2024 to September 2024. Eli Lilly, a pharmaceutical company specializing in various therapeutic areas, currently has its stock price at $763.86, showing a slight decrease. The company's next earnings report is expected in 25 days, and the RSI indicators suggest the stock may be nearing overbought territory.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:31 pm

WMG

Guggenheim analyst Michael Morris maintains a Buy rating on Warner Music Group (WMG) but lowers the price target from $46 to $45.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:31 pm