Streetbeat News

Analyst Ratings

PLUG

UBS analyst Manav Gupta downgrades Plug Power (NASDAQ:PLUG) from Buy to Neutral and sets a new price target of $4.75.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:51 pm

FN

Northland Capital Markets analyst Tim Savageaux downgraded Fabrinet (NYSE:FN) from Outperform to Market Perform and set a $200 price target.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:49 pm

CCL

Financial analysts have observed a bullish trend in Carnival's (NYSE:CCL) options market, with 62% of trades being bullish. Significant activity has been noted in both calls and puts, with a notable range of strike prices from $7.0 to $25.0. The company, a leading global cruise operator, has seen its stock price slightly decrease by -0.44%, with a current price of $15.76. Analysts, including one from Truist Securities, have a consensus target price of $18.0 for CCL, maintaining a Hold rating.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:46 pm

RTX

Recent options trading activity for RTX (NYSE:RTX) shows a predominantly bearish sentiment among investors, with 75% of detected trades being bearish. The trading activity suggests an expected price range of $65.0 to $95.0 for RTX over the next three months. Currently, RTX's stock is slightly down by -0.8%, trading at $91.5, with analysts giving mixed reviews and setting an average price target of $93.6. The company, a merger of United Technologies and Raytheon, operates in aerospace and defense, with its next earnings release anticipated in 77 days.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:46 pm

BRBR

Stephens & Co. analyst Jim Salera reiterates an Equal-Weight rating on BellRing Brands (NYSE:BRBR) and maintains a $51 price target.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:44 pm

MCD

Stephens & Co. analyst Joshua Long has reiterated an Overweight rating on McDonald's (NYSE:MCD) and maintained a $320 price target.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:41 pm

TSN

Stephens & Co. analyst Ben Bienvenu reiterated an Overweight rating on Tyson Foods (TSN) and maintained a $70 price target. This reaffirms the firm's positive outlook on TSN's stock.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:37 pm

CRMT

Stephens & Co. analyst Vincent Caintic reiterated an Equal-Weight rating on America's Car-Mart (NASDAQ:CRMT) and maintained an $82 price target.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:35 pm

VRNS

Stephens & Co. analyst Brian Colley has reiterated an Overweight rating on Varonis Systems (NASDAQ:VRNS) and maintained a $55 price target.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:33 pm

PINS

Recent options market activity indicates a bearish sentiment towards Pinterest (NYSE:PINS), with a significant portion of trades being bearish. The options trades target a price range of $37.0 to $48.0 for Pinterest. Analysis of volume and open interest for Pinterest's options shows a concentration of activity in this price range. Pinterest's current trading volume is 5,204,746, with a price increase of 3.63%, and an RSI indicating it may be approaching overbought. Earnings are expected in 2 days, and analysts have given mixed ratings with an average target price of $42.4.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:31 pm