Streetbeat News

Analyst Ratings

TSX:ARX

RBC Capital analyst Michael Harvey has maintained an 'Outperform' rating on ARC Resources and raised the price target from C$24 to C$28.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:34 pm

MODV

Barrington Research analyst Michael Petusky has maintained an 'Outperform' rating on ModivCare (NASDAQ:MODV) and raised the price target from $58 to $68.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:31 pm

AVGO

A whale investor has taken a bearish stance on Broadcom (NASDAQ:AVGO), with 85% of the spotted trades being bearish. The trades include 6 puts amounting to $262,223 and 22 calls amounting to $981,808. The whales have been targeting a price range from $470.0 to $1000.0 for Broadcom over the last 3 months. Currently, the price of AVGO is down -0.6% at $877.41.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:30 pm

CAT

A significant bearish stance has been taken on Caterpillar (NYSE:CAT) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 45% bullish and 54% bearish. The whales have been targeting a price range from $210.0 to $300.0 for Caterpillar over the last 3 months. Goldman Sachs and JP Morgan have maintained their Buy and Overweight ratings on Caterpillar, with price targets of $274 and $320 respectively.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:30 pm

WBD

A large investor has taken a bullish stance on Warner Bros. Discovery (NASDAQ:WBD), with Benzinga's options scanner spotting 12 uncommon options trades for the company. The sentiment of these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $11.5 to $15.0 for Warner Bros. Discovery over the last 3 months. UBS, Goldman Sachs, and Barclays have maintained their ratings on the company, with price targets of $13 and $17.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:30 pm

BKNG

DA Davidson analyst Tom White has upgraded Booking Holdings (NASDAQ:BKNG) from Neutral to Buy, while maintaining the price target at $3400.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:24 pm

BMBL

Bumble Inc (NYSE:BMBL) shares are trading lower after the company announced a CEO transition. Founder and CEO Whitney Wolfe Herd will step down and become executive chair, with Slack CEO Lidiane Jones succeeding her effective Jan. 2, 2024. The news comes ahead of Bumble's Q3 earnings report, with analysts expecting earnings of 7 cents per share and revenue of $276.971 million.

Portfolio Pulse from Adam Eckert

November 06, 2023 | 4:19 pm

CLDX

HC Wainwright & Co. analyst Joseph Pantginis maintains a 'Buy' rating on Celldex Therapeutics (NASDAQ:CLDX) and raises the price target from $73 to $80.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:09 pm

SGMO

HC Wainwright & Co. analyst Patrick Trucchio maintains a 'Buy' rating on Sangamo Therapeutics (NASDAQ:SGMO), but has lowered the price target from $5 to $3.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:04 pm

BIRK

Shares of Birkenstock Holding PLC (NYSE:BIRK) climbed more than 6% last week, after the IPO in mid-October. Four analysts initiated coverage on the stock, with three bullish and one neutral. Telsey Advisory Group, Stifel, and Piper Sandler analysts initiated coverage with bullish ratings and price targets of $47, $47, and $50 respectively. BofA Securities analyst initiated coverage with a neutral rating and a price target of $44.

Portfolio Pulse from Priya Nigam

November 06, 2023 | 4:04 pm