Streetbeat News

Analyst Ratings

ELF

Over the past three months, 10 analysts have provided diverse ratings for e.l.f. Beauty (NYSE:ELF), with recent updates showing a mix of bullish and indifferent stances. The average 12-month price target has risen to $184.5, marking a 20.76% increase from the previous target. Analysts from firms like Piper Sandler and Morgan Stanley have raised their price targets, reflecting optimism about the company's financial performance, which includes significant revenue growth and strong profitability indicators such as a high net margin and ROE.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:01 pm

TSLA

Whale investors have shown a bullish stance on Tesla (NASDAQ:TSLA), with Benzinga's options scanner revealing 159 unusual options trades. The sentiment is split with 60% bullish and 39% bearish, targeting a price range of $180 to $300 for Tesla over the last 3 months. The volume and open interest analysis indicates significant activity within this price range. Tesla's stock is currently up 2.26% at $196.31, with market experts issuing mixed ratings and price targets ranging from $195 to $315.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:01 pm

NOW

Financial analysts have observed a bullish trend in the options market for ServiceNow (NYSE:NOW), with 61% of traders showing bullish sentiment. Analysis of unusual trades revealed a preference for calls over puts, indicating expectations for ServiceNow's stock to rise. The options market is focusing on a price band between $780.0 and $840.0. ServiceNow's current market status shows a slight increase in stock price to $774.05, with neutral RSI indicators and earnings expected in 58 days.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:01 pm

SHOP

Investors have shown a bearish stance on Shopify (NYSE:SHOP) through unusual options trading activity, with a sentiment split of 12% bullish and 87% bearish. Significant trading activity aims for a price range of $70.0 to $120.0 over the next three months. Shopify's current trading volume is 642,559, with a 1.0% price increase to $77.0. Analyst ratings in the last month have varied, with target prices ranging from $63 to $100.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:00 pm

RWT

Analyst ratings for Redwood Trust (NYSE:RWT) show a mix of bullish and bearish perspectives with a recent negative shift in sentiment. The average 12-month price target was lowered by 5.24% to $7.96. Analysts from firms like Keefe, Bruyette & Woods, Wells Fargo, and others have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Redwood Trust, a real estate investment trust, has shown remarkable revenue growth and a strong net margin but faces challenges in debt management and asset utilization.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:00 pm

AVGO

UBS analyst Timothy Arcuri has maintained a Buy rating on Broadcom (NASDAQ:AVGO) and increased the price target from $1475 to $1480.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 3:00 pm

KNSL

Analysts have varied opinions on Kinsale Cap Gr (NYSE:KNSL), with recent ratings ranging from bullish to bearish. The average 12-month price target has been raised to $506.25, indicating a 22.97% increase from the previous target. Key analysts from JP Morgan, RBC Capital, and Truist Securities have adjusted their ratings and price targets, reflecting a positive outlook on the company's performance. Kinsale Capital Group Inc, an insurance holding company, has shown strong financial performance with notable revenue growth, high net margin, and exceptional ROE and ROA, outperforming industry benchmarks.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:00 pm

LPLA

LPL Financial Holdings (LPLA) was analyzed by 7 analysts, showing a mix of somewhat bullish and indifferent stances, with recent price target adjustments reflecting a slight decrease in the average target to $262.43. The company's financial performance indicates strong revenue growth and ROE, but challenges in net margin and a market cap below industry averages.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:00 pm

ANF

UBS analyst Mauricio Serna has maintained a Neutral rating on Abercrombie & Fitch (ANF) and increased the price target from $98 to $130.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 2:58 pm

FUBO

Wedbush analyst Michael Pachter reiterates an Outperform rating on FuboTV (NYSE:FUBO) and maintains a $5 price target.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 2:58 pm