Streetbeat News

Analyst Ratings

ENOV

Enovis Corporation (NYSE:ENOV) reported Q4 net sales of $455 million, an 11% increase year-over-year, surpassing the consensus estimate. The growth was attributed to execution in P&R, Recon growth, and recent acquisitions. Q4 net income from continuing operations was $3 million with adjusted EBITDA of $82 million. The company beat adjusted EPS estimates with $0.79 versus the consensus of $0.74. For FY 2024, Enovis forecasts revenue between $2.05 billion and $2.15 billion, including contributions from the Lima acquisition. Adjusted EBITDA is expected to be between $365 million and $380 million, with adjusted EPS forecasted at $2.50-$2.65, below the consensus of $2.71. William Blair maintains an 'Outperform' rating on ENOV shares, which are up 7.56% at $64.83.

Portfolio Pulse from Vandana Singh

February 22, 2024 | 6:51 pm

NVDA

Craig-Hallum analyst Richard Shannon maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $700 to $850.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 6:48 pm

NVDA

DA Davidson analyst Gil Luria maintains a Neutral rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $410 to $620.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 6:46 pm

RIOT

Recent analysis of unusual options activity for Riot Platforms (NASDAQ:RIOT) shows a bullish sentiment among traders, with 70% of trades being bullish. The analysis revealed 10 unusual trades, including 2 puts valued at $63,525 and 8 calls valued at $348,030, targeting a price window of $15.0 to $35.0. Riot Platforms, a Bitcoin mining company, is currently trading at $15.23, up by 0.86%, with an RSI suggesting it may be approaching overbought. An earnings release is anticipated in 11 days, and an analyst from Needham maintains a Buy rating with a target price of $18.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 6:46 pm

DHR

Recent options trading trends for Danaher (NYSE:DHR) show a bearish sentiment among high-rolling investors, with 66% bearish and 33% bullish trades. Benzinga's options scanner identified unusual activity, including 9 trades with a focus on a price range of $95.0 to $290.0. The current market price of DHR is $251.0, with a 0.14% increase and a potential overbought status. Analysts have set an average price target of $272.4, with varying ratings from Outperform to Equal-Weight.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 6:45 pm

LULU

Financial analysts have observed a bullish sentiment in the options trading for Lululemon Athletica (NASDAQ:LULU), with 58% of trades being bullish. The analysis highlighted a focus on a price range between $440.0 and $490.0 for LULU, based on unusual trading activity. The company, known for its athletic apparel and accessories, has seen its stock price increase by 1.02% to $448.0. Analyst opinions on LULU are mixed, with a downgrade from Needham to Buy at a target price of $525 and a downgrade from Exane BNP Paribas to Underperform with a target price of $415.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 6:45 pm

NVDA

Needham analyst Quinn Bolton has maintained a Buy rating on NVIDIA (NASDAQ:NVDA) and increased the price target from $600 to $850, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 6:42 pm

NVDA

Cantor Fitzgerald analyst C J Muse maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $775 to $900.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 6:34 pm

ISRG

Deep-pocketed investors have shown a bearish sentiment towards Intuitive Surgical (NASDAQ:ISRG), as revealed by Benzinga's tracking of public options records. The analysis of options activity indicates a divided sentiment among investors, with a significant lean towards bearishness. The trading activity suggests a price range target of $310.0 to $450.0 for ISRG over the next three months. Additionally, professional analysts have provided an average price target of $431.4 for ISRG, with ratings ranging from Overweight to Buy.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 6:30 pm

NVDA

Bernstein analyst Stacy Rasgon maintains an Outperform rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $700 to $1000.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 6:25 pm