Streetbeat News

Analyst Ratings

RCEL

Cantor Fitzgerald analyst Ross Osborn maintains an Overweight rating on AVITA Medical (NASDAQ:RCEL) and raises the price target from $22 to $25.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 5:05 pm

FNF

Truist Securities has reaffirmed its Buy rating on Fidelity National Finl (NYSE:FNF) and increased its price target from $55.00 to $60.00. FNF's shares have risen 0.16% in the last 24 hours to $50.05. The new price target suggests a potential upside of 19.88%. Fidelity National Financial Inc. specializes in title insurance, escrow, and other title-related services, primarily in the United States.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:01 pm

WFC

Financial analysts have observed a significant bearish sentiment in options trading for Wells Fargo (NYSE:WFC), with 64% of trades showing bearish tendencies. The analysis highlighted 14 unusual trades, with a notable focus on puts and calls within a price target range of $50.0 to $55.0. The largest trades included both bearish calls and a neutral put, with expiration dates extending into 2024. Wells Fargo, a major US bank with $1.9 trillion in assets, has seen its stock price increase by 0.76% to $53.77, despite indications of potentially being overbought. An analyst from Morgan Stanley maintains an Overweight rating on WFC, with a target price of $63.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:01 pm

AMAT

Deep-pocketed investors have shown a bearish trend in Applied Materials (NASDAQ:AMAT) options, with a notable division in sentiment: 42% bullish and 57% bearish. The options activity suggests a targeted price range of $155.0 to $250.0. Analysts have mixed views on AMAT, with price targets ranging from $180 to $250. The stock is currently down by -0.21%, trading at $199.32, with an RSI indicating it may be approaching overbought territory. Earnings are expected in 83 days.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:00 pm

CRI

Wedbush has maintained its Neutral rating on Carter's (NYSE:CRI) but raised its price target from $67.00 to $78.00. Despite this, Carter's shares are currently trading at $82.74, indicating a potential decline if the price adjusts to the new target. Carter's Inc specializes in children's apparel and operates through various sales channels in the U.S. and internationally, with a significant portion of its sales in the U.S.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:00 pm

TRN

Susquehanna has maintained its Positive rating on Trinity Industries (NYSE:TRN) but lowered its price target from $32.00 to $30.00. Trinity Industries' shares are currently trading at $25.43, and a move to $30.00 would represent a 17.97% increase. Trinity Industries, operating under TrinityRail, is involved in the sale and lease of railroad products and railcar maintenance services in North America.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:00 pm

ZD

Four analysts have recently updated their ratings on Ziff Davis (NASDAQ:ZD), showing a shift towards a more bullish outlook with three somewhat bullish and one indifferent rating. The average 12-month price target has been raised to $80.25, up from $72.00, indicating a positive sentiment shift. Despite this, Ziff Davis faces financial challenges, including a slight revenue decline, below-average net margin, and lower than industry benchmarks for ROE and ROA.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:00 pm

FNF

Barclays has maintained its Equal-Weight rating on Fidelity National Finl (NYSE:FNF) but reduced its price target from $55.00 to $52.00. FNF's shares are currently up 0.16% at $50.05, and the new target suggests a potential 3.9% increase. FNF provides title insurance, escrow, and other title-related services primarily in the United States.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:00 pm

BORR

Evercore ISI Group has maintained its In-Line rating for Borr Drilling (NYSE:BORR) but lowered its price target from $10.00 to $9.00. Borr Drilling's shares are currently down 2.16% at $6.34. The new price target suggests a potential 41.96% increase from the current price. Borr Drilling is a drilling contractor with a fleet of 16 jack-up rigs, primarily operating in Norway.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:00 pm

BHC

RBC Capital has maintained its Sector Perform rating for Bausch Health Companies (NYSE:BHC) and increased its price target from $8.00 to $9.00. BHC's shares are currently trading up 0.54% at $9.35, which is above the new target. Bausch Health is a global company focusing on branded products for dermatology, gastrointestinal, and ophthalmology markets, with Bausch + Lomb being its highest revenue segment.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:00 pm