Streetbeat News

Analyst Ratings

COST

Recent analysis of Costco Wholesale's (NASDAQ:COST) options trading reveals a bearish sentiment among financial giants, with 75% of trades showing bearish tendencies. The analysis highlighted unusual trades, including 6 puts and 2 calls, with a focus on a price window from $525.0 to $840.0. Costco's current stock price is $747.22, with an RSI indicating it may be overbought. Analyst ratings in the last month have varied, with an average target price of $736.8. The company's earnings announcement is expected in 9 days.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:16 pm

PLTR

Smart money investors have shown a significant interest in Palantir Technologies (NYSE:PLTR) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 14 unusual options trades, with a majority being bullish. The trades suggest an expected price range of $13.0 to $32.0 for PLTR over the next three months. The company, known for its analytical software, has seen its stock price increase by 0.68% to $23.72. Analysts have mixed opinions, with target prices ranging from $5 to $30.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:15 pm

ELF

DA Davidson analyst Linda Bolton Weiser has reiterated a Buy rating on e.l.f. Beauty (NYSE:ELF), maintaining a price target of $220.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:13 pm

WDAY

Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Workday (NASDAQ:WDAY) but lowers the price target from $335 to $330.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:11 pm

WMT

Morgan Stanley analyst Simeon Gutman maintains an Overweight rating on Walmart (NYSE:WMT) and raises the price target from $66.67 to $67.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:09 pm

LOW

DA Davidson analyst Michael Baker has reiterated a Buy rating on Lowe's Companies (NYSE:LOW) and maintained a price target of $258.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:08 pm

VRRM

Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Verra Mobility (NASDAQ:VRRM) and increased the price target from $19 to $20.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:06 pm

SIBN

Morgan Stanley analyst Drew Ranieri has maintained an Overweight rating on SI-BONE (NASDAQ:SIBN) and increased the price target from $25 to $26.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:05 pm

RIVN

Morgan Stanley analyst Adam Jonas maintains an Overweight rating on Rivian Automotive (RIVN) but lowers the price target from $24 to $14.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:04 pm

DESK

Goldman Sachs economists report that the listing prices of struggling office properties must fall by nearly half for conversion into multifamily homes to be economically viable, due to a significant reduction in demand for office space. The office vacancy rate has risen to 13.5%, the highest since 2000, with a forecasted increase to 18% over the next decade. Approximately 4% of U.S. office buildings are considered potentially obsolete. Despite a drop in transaction prices, a further decrease is needed for feasible conversion. The VanEck Office and Commercial REIT ETF (NYSE:DESK) has seen a 21% price increase from October 2023 lows, despite the overall market challenges.

Portfolio Pulse from Piero Cingari

February 27, 2024 | 4:03 pm