Streetbeat News

Analyst Ratings

BABA

Alibaba's stock (BABA) is trading lower due to ongoing weakness after its recent earnings report. Additionally, Morgan Stanley has dropped Alibaba from its list of top picks, signaling a bearish outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:16 pm

DIS

DKNG

PENN

PENN Entertainment Inc launched ESPN Bet, a sports betting platform, in partnership with Walt Disney Co. Needham analyst Bernie McTernan maintains a Buy rating on PENN with a $33 price target and on DKNG with a $50 target. ESPN Bet topped the iOS app store, exceeding expectations. However, McTernan finds the media integration underwhelming, noting no mentions during a live NBA game. The platform offers unique betting options and is part of PENN's omnichannel strategy. PENN shares are down 0.61% to $24.51, with a 19% gain in the last month.

Portfolio Pulse from Chris Katje

November 17, 2023 | 3:14 pm

ROST

BMO Capital analyst Simeon Siegel maintains an Outperform rating on Ross Stores (NASDAQ:ROST) and increases the price target from $127 to $138.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:14 pm

GPS

BMO Capital analyst Simeon Siegel maintains a Market Perform rating on Gap Inc. (NYSE:GPS) and increases the price target from $8 to $14.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:11 pm

ARCH

BMO Capital analyst Katja Jancic has maintained an Outperform rating on Arch Resources (NYSE:ARCH) and increased the price target from $170 to $175.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:06 pm

OCS

Oculis Holding (NASDAQ:OCS) received 4 analyst ratings in the last quarter, with 3 bullish and 1 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average price target is $29.25, significantly higher than the current price of $9.5, suggesting a substantial upside. The target has increased by 27.17% over the past month.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:00 pm

RH

RH (NYSE:RH) has received mixed analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, and 7 indifferent. No bearish ratings were reported. The average 12-month price target for RH is $353.89, which is an 11.46% increase from the previous target of $317.50. The high target is $440.00 and the low target is $260.00. Analysts provide these ratings based on financial statements, meetings, and insider information, although it's important to remember that their forecasts are not infallible.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:00 pm

CYBN

Analysts have recently provided ratings for Cybin (AMEX:CYBN), with 7 analysts offering a bullish to somewhat bullish outlook and none bearish. The average price target is $5.71, which is significantly higher than the current price of $0.445, suggesting a substantial upside. However, this target is a 42.9% decrease from the previous target of $10.00. The ratings indicate a positive sentiment towards CYBN stock.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:00 pm

PAGS

PagSeguro Digital (NYSE:PAGS) received mixed analyst ratings in the last quarter with 1 bullish, 1 somewhat bullish, 1 indifferent, and 1 bearish. The average 12-month price target for PAGS is $11.25, with a high of $14.00 and a low of $7.00, reflecting a 15.38% increase from the previous target of $9.75. Analyst ratings are based on financial statements, company calls, and insider information, but are subject to human error.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:00 pm