Streetbeat News

Analyst Ratings

CAT

Financial analysts have observed a bullish trend in Caterpillar (NYSE:CAT) options trading, with a slight majority of traders showing bullish sentiment. The focus is on a price target range of $290 to $340. Recent trading volumes and open interest in options suggest active trading within this range. Caterpillar, a leading manufacturer in heavy equipment, shows a current stock price of $314.7, with professional analysts setting an average price target of $332.8. Analyst ratings vary, with Citigroup rating it Neutral and JP Morgan rating it Overweight, among others.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 6:31 pm

WING

Wedbush analyst Nick Setyan maintains an Outperform rating on Wingstop (NASDAQ:WING) and raises the price target from $280 to $330.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:28 pm

PHVS

JMP Securities analyst Jonathan Wolleben has reiterated a 'Market Outperform' rating on Pharvaris (NASDAQ:PHVS) and maintained a price target of $49.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:24 pm

MGM

JMP Securities analyst Jordan Bender has reiterated a 'Market Outperform' rating on MGM Resorts International (MGM) and maintained a price target of $57. This reaffirmation of confidence in MGM's stock performance suggests a positive outlook on the company's future market behavior.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:22 pm

ADIL

Brookline Capital Markets has reiterated a 'Buy' rating and a $26 price target for Adial Pharmaceuticals following the announcement of a new patent issuance. This development is seen as increasing the potential for partners to engage with the company.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:21 pm

ABNB

Airbnb Inc (NASDAQ:ABNB) shares fell after reporting strong Q4 revenues but mixed guidance. Analysts adjusted ratings and price targets, noting solid performance but cautioning on Q1 growth and 2024 margin expectations. Investments in AI and international expansion were highlighted, with varying opinions on their impact.

Portfolio Pulse from Priya Nigam

February 14, 2024 | 6:19 pm

ZG

JMP Securities analyst Nicholas Jones has maintained a Market Outperform rating on Zillow Group (ZG) and increased the price target from $60 to $68.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:15 pm

INCY

JMP Securities analyst Reni Benjamin downgraded Incyte (NASDAQ:INCY) from Market Outperform to Market Perform, indicating a neutral outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:13 pm

HOOD

JMP Securities analyst Devin Ryan maintains a Market Outperform rating on Robinhood Markets (HOOD) and raises the price target from $23 to $25.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:09 pm

SSNC

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) reported Q4 results surpassing expectations with adjusted earnings of $1.26 per share and sales of $1.41 billion. The company forecasts FY24 adjusted revenue between $5.667 billion and $5.867 billion, and EPS between $4.85 and $5.15. Following the announcement, SSNC shares rose 4.2% to $62.69. Analysts from Needham and RBC Capital raised their price targets for SSNC to $70 and $72, respectively.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 6:08 pm