Streetbeat News

Analyst Ratings

CI

A comprehensive review of 12 analyst recommendations for Cigna Group (NYSE:CI) reveals a diverse range of perspectives, with the majority being bullish or somewhat bullish. The average 12-month price target for CI has been raised to $361.67, indicating a positive outlook. Analysts have adjusted their ratings and price targets based on recent market conditions and company performance, reflecting an optimistic view of Cigna's financial health, including its market capitalization, revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 7:00 pm

AMD

Cantor Fitzgerald analyst C J Muse has reiterated an Overweight rating on Advanced Micro Devices (AMD) and maintained a $190 price target.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 6:59 pm

GOOGL

META

JPMorgan analyst Doug Anmuth provided insights into the AI stock battle between Alphabet Inc (GOOGL/GOOG) and Meta Platforms Inc (META), rating both as Overweight but with Alphabet having a higher upside potential of 19% compared to Meta's 9%. Alphabet's growth is attributed to advancements in generative AI and a diversified portfolio, while Meta's position is bolstered by its scale, AI investments, and the initiation of a dividend.

Portfolio Pulse from Surbhi Jain

March 04, 2024 | 6:58 pm

AMAT

Cantor Fitzgerald analyst C J Muse reiterated a Neutral rating on Applied Materials (AMAT) and maintained a $220 price target.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 6:58 pm

AVGO

Cantor Fitzgerald analyst C J Muse has maintained an Overweight rating on Broadcom (NASDAQ:AVGO) and increased the price target from $1300 to $1600.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 6:56 pm

AHR

American Healthcare REIT Inc (NYSE:AHR) completed its IPO in February, offering 64.4 million shares at $12.00 each. The company, focusing on healthcare real estate, is now covered by Truist Securities, RBC Capital Markets, and JMP Securities with Buy, Outperform, and Market Outperform ratings respectively, and price targets ranging from $15 to $17. Analysts highlight the company's strong earnings growth potential, driven by post-COVID recovery and strategic relationships, despite its trading at a discount and the risks associated with its RIDEA structure and SNF operational exposure.

Portfolio Pulse from Vandana Singh

March 04, 2024 | 6:56 pm

DECK

SMCI

WHR

ZION

Deckers Outdoor Corporation (NYSE:DECK) shares rose after the announcement of its inclusion in the S&P 500, replacing Whirlpool Corp. (NYSE:WHR) and Zions Bancorp (NASDAQ:ZION) along with Super Micro Computer, Inc. (NASDAQ:SMCI). DECK's year-to-date share growth exceeds 37%, with nearly 70% gains in 2023. Analysts have a positive outlook on DECK, with an average 12-month price target of $853.72, suggesting potential for further growth.

Portfolio Pulse from Erica Kollmann

March 04, 2024 | 6:53 pm

GE

Investors have shown a bearish stance on General Electric (NYSE:GE) through unusual options trading activity, with a split sentiment of 48% bullish and 51% bearish. A total of 29 uncommon options trades were spotted, with a notable focus on calls over puts. The trades target a price range for GE between $80.0 to $230.0. Current trading volume and price suggest potential overbought conditions, with an anticipated earnings release in 50 days. Analysts have set an average price target of $172.33, with varying ratings from Overweight to Neutral.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:46 pm

ANF

Abercrombie & Fitch (ANF) has seen a mix of bullish and bearish options activity, with a notable lean towards bearish sentiment. Significant investors predict a price range of $80 to $190 in the next three months. The company's stock is currently up by 1.13% at $132.85, potentially overbought according to RSI values. Analysts have given mixed ratings with an average target price of $132.33. The next earnings report is expected in 2 days.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:32 pm