Streetbeat News

Analyst Ratings

UBER

Recent unusual options activity in Uber Technologies (NYSE:UBER) indicates a bearish sentiment among deep-pocketed investors, despite a divided general mood with 35% bullish and 64% bearish. The activity includes 53 extraordinary options activities, with a price window eyed from $30.0 to $90.0. Significant trades include both bullish and bearish calls with expiration dates in 2025. Uber's current market status shows a 3.98% increase in price at $79.48, with RSI indicators suggesting it may be approaching overbought. Analysts have set an average price target of $83.8, with varying ratings from Buy to Market Outperform.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:30 pm

REGN

Regeneron Pharmaceuticals (NYSE:REGN) has seen a 15.38% increase in its short percent of float since the last report, with 1.25 million shares sold short, representing 1.35% of its available trading shares. This increase in short interest indicates a more bearish market sentiment towards REGN, although it has less short interest compared to its peers' average of 4.69%. The article suggests that while an increase in short interest can signal bearish sentiment, it can also present bullish opportunities under certain conditions.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:15 pm

FLNC

Shares of Fluence Energy (FLNC) are trading lower following a short report issued by Blue Orca Capital.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:06 pm

ADI

TXN

Analysts from Oppenheimer, Needham, and Morgan Stanley provided updates on Analog Devices, Inc (ADI) following mixed Q1 results and a lower Q2 outlook. Oppenheimer remains optimistic, reiterating an Outperform rating with a $215 target, highlighting ADI's strong position in auto and industrial sectors. Needham maintains a Hold rating, expecting a muted recovery due to sluggish demand in the automotive segment. Morgan Stanley remains Overweight but reduced its target from $219 to $212, citing margin resilience and inventory management as positive signs amid a historic downturn. ADI's shares dropped slightly by 0.57% to $192.62.

Portfolio Pulse from Anusuya Lahiri

February 22, 2024 | 8:04 pm

WDAY

Workday (NASDAQ:WDAY) has seen a surge in options activity, with a bullish sentiment from whales targeting a price range of $250 to $450. Analysis of trades shows 62% bullish and 37% bearish sentiment. The company, specializing in cloud-based HCM and financial management solutions, has seen its stock price increase by 3.24% to $308.64. Analysts maintain positive ratings, with an average price target of $333.6. The next earnings report is due in 4 days, potentially influencing stock movement.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:01 pm

PG

Smart money investors have shown a mixed sentiment towards Procter & Gamble (NYSE:PG) options, with a slight lean towards bearish positions. Analysis of 11 significant trades reveals a nearly even split between bullish and bearish expectations, though bearish trades slightly outnumber bullish ones. The focus is on a price range between $157.5 and $165.0 for PG, based on recent options trading activity. Procter & Gamble, a leading consumer product manufacturer, has seen its stock price slightly decrease by 0.75% to $159.2. Analysts have set an average price target of $165.4 for PG, with ratings ranging from Hold to Overweight.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:01 pm

FVRR

Four analysts have recently updated their ratings on Fiverr Intl (NYSE:FVRR), showing a mix of bullish and indifferent sentiments. The average 12-month price target for FVRR has increased to $37.00, up 23.33% from the previous $30.00. Analyst actions include maintaining, lowering, and announcing new ratings with price targets ranging from $25.00 to $43.00. Fiverr's financials indicate a positive revenue trend with a 12.1% growth rate but below-average net margin, ROE, and ROA, alongside a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:01 pm

CHRD

Chord Energy (NASDAQ:CHRD) has been analyzed by 4 analysts, showing a unanimous bullish sentiment with an average 12-month price target of $196.0, down from $198.00. The company's financial performance indicates challenges with a -5.51% revenue decline and below-average net margin and ROE, but excels in ROA and debt management.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:00 pm

RUN

Sunrun (NASDAQ:RUN) has been analyzed by 10 analysts, showing a mix of bullish to bearish sentiments. The average 12-month price target is $23.0, up from $19.89, with a high of $31.00 and a low of $15.00. Analyst actions include ratings adjustments and price target changes, reflecting dynamic market conditions and company performance. Sunrun's financials indicate challenges with a -10.88% revenue decline, a net margin of -189.9%, and a high debt-to-equity ratio of 1.9.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:00 pm

SARK

SQ

TARK

Block, Inc (NYSE:SQ) is experiencing a surge over 5% ahead of its Q4 earnings, following a Q3 earnings beat. Analysts predict Q4 EPS of 59 cents on $5.699 billion revenue. Wedbush upgraded Block's rating to Outperform with a price target of $90. For diversification, investors might consider AXS 2X Innovation ETF (NASDAQ:TARK) and AXS Short Innovation Daily ETF (NASDAQ:SARK), related to ARK Innovation ETF's performance, which includes Block. Technical analysis shows Block trading neutrally with potential for both bullish and bearish reactions post-earnings.

Portfolio Pulse from Melanie Schaffer

February 22, 2024 | 7:47 pm