Streetbeat News

Analyst Ratings

GDDY

RBC Capital analyst Brad Erickson has reiterated an Outperform rating on GoDaddy (NYSE:GDDY) and maintained a $124 price target.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:23 pm

GILD

RBC Capital analyst Brian Abrahams has maintained a 'Sector Perform' rating on Gilead Sciences (NASDAQ:GILD) but lowered the price target from $76 to $75.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:19 pm

ECL

RBC Capital analyst Ashish Sabadra has reiterated an Outperform rating on Ecolab (ECL) and maintained a price target of $238.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:17 pm

NFLX

Investors have shown a bearish stance on Netflix (NASDAQ:NFLX), with unusual options activity indicating a split sentiment of 40% bullish and 59% bearish. Benzinga's options scanner revealed 27 uncommon trades, with a focus on a price range of $460.0 to $600.0 for Netflix. The largest trades include both bullish and bearish positions on calls with various expiration dates and strike prices. Netflix's market status shows a 2.27% price increase to $567.13, with potential overbought signals. Analyst ratings vary, with an average target price of $538.0, suggesting mixed expectations for Netflix's future performance.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:16 pm

PGR

Market whales have shown a bullish stance on Progressive (PGR), with 75% of recent options trades being bullish. The trades indicate a target price range of $180.0 to $190.0 for PGR. The company, a major auto insurer in the U.S., has seen its stock price increase by 2.94% to $187.43. Analysts have given PGR an average target price of $195.5, with ratings ranging from Buy to Market Perform. Options trading, while riskier, offers high profit potential for educated investors.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:16 pm

NU

Nu Holdings (NYSE:NU) has seen unusual options activity indicating a bullish stance by large investors, with a split of 77% bullish and 22% bearish sentiment. The activity includes 9 trades, predominantly calls, targeting a price range of $9.0 to $10.0. The company, a digital banking service provider, has seen its stock price increase by 1.51% to $10.07, with an upcoming earnings report in 8 days. An analyst from UBS maintains a Buy rating with a target price of $11.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:16 pm

DDOG

RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on Datadog (NASDAQ:DDOG) and increased the price target from $145 to $151.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:14 pm

CFLT

RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on Confluent (NASDAQ:CFLT) and increased the price target from $35 to $37.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:12 pm

BTCUSD

CCJ

SWAV

This week's investment insights cover Janet Yellen's inflation comments, Bitcoin's recovery post-ETF approval dip, DKI's report on Shockwave Medical (SWAV) with a positive outlook, Cameco's (CCJ) shortfall in uranium production and its impact on prices, and the decline in used car prices potentially affecting the CPI. Yellen's remarks are criticized for being out of touch, Bitcoin's resilience is highlighted, SWAV's potential for acquisition is discussed, CCJ's production miss is seen as a temporary setback for uranium prices, and the drop in used car prices is seen as a minor contributor to CPI reduction.

Portfolio Pulse from Gary Brode

February 14, 2024 | 3:05 pm

ALNY

RBC Capital analyst Luca Issi has reiterated an Outperform rating on Alnylam Pharmaceuticals (NASDAQ:ALNY) and maintained a price target of $235.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:02 pm