Streetbeat News

Analyst Ratings

AFRM

Piper Sandler analyst Kevin Barker maintains an Underweight rating on Affirm Holdings (NASDAQ:AFRM) and raises the price target from $11 to $12.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 8:20 pm

DIS

WBD

Analysts from Goldman Sachs, KeyBanc, Benchmark, and Wells Fargo have lowered their expectations for Warner Bros. Discovery Inc (WBD) due to weakness in linear advertising. The Q3 results were mixed, with concerns about the lack of visibility on advertising recovery, the impact of strikes, and faster reinvestment into growth initiatives. Despite these challenges, there are growth areas and M&A possibilities, particularly in the videogame business. WBD shares traded higher by 1.91% at $9.58.

Portfolio Pulse from Anusuya Lahiri

November 09, 2023 | 8:19 pm

PEP

Deep-pocketed investors have shown a bullish approach towards PepsiCo (NASDAQ:PEP), with significant options activity detected. The trading activity suggests that these investors are aiming for a price territory of $140.0 to $180.0 for PepsiCo over the next three months. The current price of PEP is $167.38. Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $183.2.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 8:17 pm

SNPS

Large investors have taken a bearish stance on Synopsys (NASDAQ:SNPS), with 54% of big-money traders being bearish and 45% being bullish. The major market movers are focusing on a price band between $200.0 and $540.0 for Synopsys. The current price of SNPS is $506.16. One market expert has issued a rating for this stock, with a consensus target price of $540.0.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 8:17 pm

NYXH

Piper Sandler analyst Adam Maeder maintains an Overweight rating on Nyxoah (NASDAQ:NYXH) but lowers the price target from $11 to $10.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 8:17 pm

AMC

AMC Entertainment Holdings, Inc. reported Q3 revenue of $1.41 billion, up 45.2% YoY. The company also entered into an equity distribution agreement to sell up to $350 million worth of shares. Despite a 16% decline in domestic box office attendance, AMC's success was attributed to a 30% increase in contribution per patron and strategic actions. Analyst Mike Hickey reiterated a Hold rating on AMC and lowered the FY23 and FY24 EBITDA and revenue estimates. AMC shares are trading lower by 15.31% to $8.55.

Portfolio Pulse from Nabaparna Bhattacharya

November 09, 2023 | 8:12 pm

SPY

TLT

UUP

Federal Reserve Chair Jerome Powell's remarks at an IMF conference were perceived as hawkish by market participants, leading to a shift in expectations for the first Federal Reserve rate cut from May to June 2024. Powell emphasized the need for continued efforts to bring inflation back to its desired level and questioned the conventional wisdom that monetary policy should always overlook supply shocks. Following his remarks, the dollar rallied, the S&P 500 Index declined, and Treasury yields spiked.

Portfolio Pulse from Piero Cingari

November 09, 2023 | 8:10 pm

MDXH

Piper Sandler analyst Jason Bednar has maintained an Overweight rating on MDxHealth (NASDAQ:MDXH) but lowered the price target from $10 to $6.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 8:06 pm

SEAS

Stifel analyst Steve Wieczynski has maintained a 'Buy' rating on SeaWorld Entertainment (NYSE:SEAS), but lowered the price target from $73 to $67.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 8:05 pm

DOOR

Stifel analyst Stanley Elliott maintains a Buy rating on Masonite International (NYSE:DOOR) but lowers the price target from $123 to $116.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 8:04 pm