Streetbeat News

Analyst Ratings

AMAT

JP Morgan analyst Harlan Sur has maintained an Overweight rating on Applied Materials (NASDAQ:AMAT) and increased the price target from $165 to $170.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:20 pm

AGRO

JP Morgan analyst Lucas Ferreira has maintained a Neutral rating on Adecoagro (NYSE:AGRO) and increased the price target from $10 to $11.5.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:18 pm

AMD

Benzinga's options scanner revealed significant options trading activity on Advanced Micro Devices (NASDAQ:AMD), with over 10 transactions valued at $427,007. The market sentiment for AMD options is concentrated between $110.0 and $125.0 strike prices. The largest trades were bullish call sweeps, except for one bearish call sweep. AMD's stock is slightly down at $119.78, with potential overbought signals. Analysts have varying ratings, with a consensus target price of $119.6. The most bullish target is $130 by Wedbush, while the most conservative is $98 by Truist Securities.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:16 pm

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