Streetbeat News

Analyst Ratings

JD

Susquehanna analyst Shyam Patil has maintained a Neutral rating on JD.com (NASDAQ:JD) but has lowered the price target from $38 to $30.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 5:11 pm

CDIO

CUEN

GTEC

IOVA

NSTG

PXMD

U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all seeing gains. Information technology shares led the gains, while utilities fell. Iovance Biotherapeutics, Cardio Diagnostics, and Cuentas saw their stocks rise after positive news, while NanoString Technologies, PaxMedica, and Greenland Technologies fell due to downgrades, public offering pricing, and weak results respectively. Crude oil prices increased by 2.5%, while gold and silver declined.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 5:09 pm

SID

Companhia Siderurgica Nacional (SID) shares are trading higher following an upgrade from B of A Securities, changing their rating from Underperform to Buy with a new price target of $4.1.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 5:07 pm

TFC

Evercore ISI Group analyst John Pancari has maintained an In-Line rating on Truist Financial Corporation (NYSE:TFC) and increased the price target from $31 to $33.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 5:07 pm

HPQ

Evercore ISI Group analyst Amit Daryanani has reiterated an In-Line rating on HP Inc. (NYSE:HPQ) and maintained a price target of $33. This suggests that the analyst believes HPQ will perform on par with the market expectations and sees the stock reaching the specified price level.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 5:03 pm

DELL

Over the past 3 months, 15 analysts have provided ratings for Dell Technologies (NYSE:DELL), with an average 12-month price target of $74.13, ranging from $53.00 to $95.00. The majority of analysts are bullish or somewhat bullish, with 5 bullish, 8 somewhat bullish, 1 indifferent, and 1 somewhat bearish ratings. The average price target has increased by 19.12% over the past month.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 5:01 pm

MRO

Marathon Oil (NYSE:MRO) has received positive analyst ratings in the last quarter, with 6 bullish, 3 somewhat bullish, and 1 indifferent rating. No bearish ratings were reported. The average 12-month price target for MRO is $33.95, which is up 3.82% from the previous target of $32.70. The high target is $45.00 and the low target is $27.00.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 5:00 pm

CAKE

Over the past quarter, Cheesecake Factory (NASDAQ:CAKE) received 10 analyst ratings with an average 12-month price target of $31.2, a decrease from the previous target of $34.33. The ratings include 1 somewhat bullish, 6 indifferent, and 3 somewhat bearish. No fully bullish or bearish ratings were given. Analysts provide these ratings to help investors make informed decisions, though they reflect opinions and are subject to human error.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 5:00 pm

WLK

Westlake (NYSE:WLK) has received mixed analyst ratings in the last quarter, with 2 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average 12-month price target among 4 analysts is $139.5, with a high of $150.00 and a low of $129.00. This target is a 3.46% decrease from the previous target of $144.50. Analysts rate stocks based on future earnings potential and company risk, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 5:00 pm

INSM

Over the past 3 months, 7 Wall Street analysts have provided ratings for Insmed (NASDAQ:INSM), with 3 being bullish and 4 somewhat bullish. The average price target is $45.57, representing an implied upside from the current price of $24.82. This target has increased by 11.83% from the previous target of $40.75. Analyst ratings are important as they can influence investor expectations and stock prices.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 5:00 pm