Streetbeat News

Analyst Ratings

QSR

Stephens & Co. analyst Joshua Long has reiterated an Equal-Weight rating on Restaurant Brands Intl (NYSE:QSR) and maintained a $75 price target.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 6:23 pm

ZTS

Zoetis Inc (NYSE:ZTS) reported Q4 2023 revenue of $2.21 billion, up 8% Y/Y, with net income of $525 million, a 14% increase. Adjusted net income was $569 million, missing consensus by $1.32 per share. U.S. sales rose 9%, driven by products like Librela and Simparica Trio. 2024 revenue guidance is set at $9.075-$9.225 billion, with adjusted EPS of $5.74-$5.84, below consensus of $5.99. Despite near-term pressures and weak margins, William Blair maintains an Outperform rating, citing growth prospects and an innovative pipeline.

Portfolio Pulse from Vandana Singh

February 13, 2024 | 6:22 pm

ACN

Deep-pocketed investors have shown a bearish sentiment towards Accenture (NYSE:ACN), with options activity indicating a divided mood: 20% bullish and 80% bearish. The activity suggests a price target range of $360 to $400 for the coming three months. Accenture's current trading volume is 671,108, with a price decrease of -0.92%, standing at $364.06. Analysts have set an average target price of $408.67, with mixed ratings from Mizuho, UBS, and Morgan Stanley.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:15 pm

BGLC

BIOL

IPGP

OMH

SBFM

IPG Photonics Corporation's shares fell by 11% after reporting mixed Q4 financial results and soft Q1 guidance. Other stocks showed significant movements, with notable gainers including Ohmyhome Limited, BioNexus Gene Lab Corp, and Digital Brands Group, Inc., among others. Losers included BIOLASE, Inc., Sunshine Biopharma, Inc., and Sientra, Inc., with significant drops after various announcements.

Portfolio Pulse from Avi Kapoor

February 13, 2024 | 6:13 pm

ANET

Rosenblatt analyst Mike Genovese has maintained a Buy rating on Arista Networks (ANET) and increased the price target from $230 to $330.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 6:12 pm

IMAX

Rosenblatt analyst Steve Frankel maintains a Buy rating on Imax (NYSE:IMAX) but lowers the price target from $30 to $25.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 6:05 pm

CEVA

Rosenblatt analyst Kevin Cassidy has reiterated a Buy rating on CEVA, Inc. (NASDAQ:CEVA) and maintained a $28 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 6:02 pm

TOST

Investors have shown increased interest in Toast (NYSE:TOST) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 9 significant trades, indicating a targeted price range of $17.0 to $19.5. The trading volume and open interest trends suggest active trading, with notable trades listed. Toast, a restaurant technology company, has seen its stock price decrease by -5.05%, with an earnings announcement expected in 2 days. Analyst opinions vary, with target prices ranging from $19 to $28.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm

PFE

Investors have shown a bullish stance on Pfizer (NYSE:PFE) through significant options trading activity, with a mix of 58% bullish and 41% bearish sentiment among big-money traders. A total of 17 options trades were spotted, with a notable preference for calls over puts. The trades suggest a price target range of $25.0 to $30.0 for Pfizer. Currently, Pfizer's stock is down by -2.13%, trading at $27.07, with an RSI indicating it may be approaching oversold territory. Analysts have set an average target price of $45.0 for Pfizer, with Cantor Fitzgerald rating it Overweight.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm

ETSY

Financial analysis of Etsy's options market reveals a bearish sentiment among traders, with 72% showing bearish tendencies and a price window predicted between $70.0 to $85.0. The analysis includes details on unusual trades, volume, and open interest, highlighting significant bearish and bullish trades. Etsy, a leading e-commerce marketplace, is currently experiencing a price drop of -5.17%, trading at $74.77, with an anticipated earnings release in 8 days.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm