Streetbeat News

Analyst Ratings

IRT

RBC Capital analyst Brad Heffern maintains an Outperform rating on Independence Realty Trust (NYSE:IRT) and raises the price target from $16 to $17.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:36 pm

EAF

RBC Capital analyst Arun Viswanathan maintains a Sector Perform rating on GrafTech International (NYSE:EAF) and lowers the price target from $3 to $2.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:34 pm

FR

RBC Capital analyst Michael Carroll has maintained an Outperform rating on First Industrial Realty (NYSE:FR) and increased the price target from $55 to $60.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:32 pm

KLAC

Financial analysis reveals a bearish trend in options trading for KLA (NASDAQ:KLAC), with 72% of trades showing bearish tendencies. The trading activity suggests investors are targeting a price range of $400.0 to $750.0 for KLA over the next three months. The largest trades observed include both bullish and bearish sentiments, with significant investments in calls. KLA, a leading semiconductor equipment manufacturer, has seen its stock price increase by 2.27% to $667.16. Analyst opinions on KLA are mixed, with an average target price of $641.0, and ratings ranging from Overweight to Neutral.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 5:31 pm

FSLY

Deep-pocketed investors have shown a bearish sentiment towards Fastly (NYSE:FSLY), with unusual options activity detected. The activity includes 17 notable options trades, with a bearish majority. Fastly's current market position shows a slight decline in stock price, with analysts giving mixed reviews. The company, known for its content delivery network, primarily serves large enterprises in the U.S. and is approaching an earnings release.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 5:31 pm

EGP

RBC Capital analyst Michael Carroll has maintained a 'Sector Perform' rating on EastGroup Properties (EGP) and increased the price target from $180 to $190.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:30 pm

AMZN

COST

ROKU

Roku Inc (NASDAQ:ROKU) stock fell over 22% following a cautionary outlook for the year, despite beating Q4 financial expectations. Analysts have mixed views, with some maintaining positive ratings but adjusting price targets downward due to concerns over platform growth and operating costs. Roku's expansion into the high-end TV market and partnerships with Costco (NYSE:COST) and Amazon (NASDAQ:AMZN) for device sales distribution were highlighted.

Portfolio Pulse from Surbhi Jain

February 16, 2024 | 5:25 pm

BE

RBC Capital analyst Chris Dendrinos has maintained an Outperform rating on Bloom Energy (NYSE:BE) but lowered the price target from $21 to $14.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:18 pm

VETUSD

Crypto analyst Ali Martinez predicts Bitcoin will continue its upward momentum and highlights VeChain (VET), a top-50 altcoin, for potential explosive growth. Martinez's sentiment analysis suggests Bitcoin is entering a phase of belief, indicating further price appreciation. Meanwhile, VeChain, currently outside the top 50 by market cap, could surge to $0.70 by November, following a pattern of temporary correction and bull run.

Portfolio Pulse from Murtuza Merchant

February 16, 2024 | 5:18 pm

SOUN

SoundHound AI (NASDAQ:SOUN) has seen significant options trading activity, with a bearish sentiment prevailing among traders. Analysis revealed 80% bearish and 20% bullish trades, focusing on a price band between $1.0 and $7.0. The largest trades were bearish calls and a bullish put, with notable open interest and volume. SoundHound AI's current market position shows a slight decline in stock price to $3.71, with an upcoming earnings announcement. Analysts have set an average price target of $4.0, with a recent downgrade to Buy by Ladenburg Thalmann.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 5:17 pm