Streetbeat News

Analyst Ratings

DENN

Truist Securities analyst Jake Bartlett has maintained a 'Buy' rating on Denny's (NASDAQ:DENN) but lowered the price target from $13 to $12.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 4:33 pm

RGEN

Repligen Corporation reported Q3 revenues of $141.19 million, down 30% Y/Y, but beating the consensus of $140.64 million. The company's Q3 adjusted EPS reached 23 cents, beating the consensus of 17 cents. Repligen completed the acquisition of Metenova for $164 million in cash and $9 million in equity consideration. The company forecasts FY23 adjusted EPS of $1.70-$1.76 and revenues of $635 million-$645 million. William Blair reiterated the Outperform rating for Repligen.

Portfolio Pulse from Vandana Singh

October 31, 2023 | 4:32 pm

AZMN

META

PINS

SNAP

Shares of Pinterest Inc (NYSE:PINS) surged after the company reported strong Q3 earnings. Several analysts revised their forecasts, with BofA Securities upgrading the rating from Neutral to Buy and raising the price target from $32 to $37. KeyBanc Capital Markets, Roth Capital Partners, RBC Capital Markets, Wedbush, Piper Sandler, and Goldman Sachs also raised their price targets. The analysts highlighted Pinterest's improved position, better expense discipline, growth reacceleration, and successful new ad products.

Portfolio Pulse from Priya Nigam

October 31, 2023 | 4:31 pm

BABA

Truist Securities analyst Youssef Squali maintains a 'Buy' rating on Alibaba Gr Holding (NYSE:BABA) but has lowered the price target from $135 to $126.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 4:31 pm

GS

A significant bullish stance has been taken on Goldman Sachs Gr (NYSE:GS) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 60% bullish and 40% bearish. The whales have been targeting a price range from $200.0 to $460.0 for Goldman Sachs Gr over the last 3 months. JMP Securities, Oppenheimer, and Morgan Stanley have maintained their respective ratings on Goldman Sachs Gr, with price targets of $440, $447, and $329.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:31 pm

DIS

A significant amount of unusual options activity has been observed for Walt Disney (NYSE:DIS), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $75.0 to $90.0 for Walt Disney over the last 3 months. The company's stock price is currently down -0.1% at $80.6. Analysts from Seaport Global and Bernstein have downgraded their ratings but maintain a bullish price target, while JP Morgan maintains an Overweight rating with a price target of $120.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:31 pm

C

Citigroup (NYSE:C) has seen unusual options activity, with a significant bearish stance taken by investors. Of the 18 strange trades detected, 61% were bearish and 38% bullish. The total trade price for the 4 puts was $338,518 and for the 14 calls was $1,093,241. The price target range for Citigroup over the last 3 months has been $25.0 to $50.0. Analysts from various firms have maintained their ratings on Citigroup, with price targets ranging from $41 to $82.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:31 pm

ZI

Mizuho analyst Siti Panigrahi maintains a 'Buy' rating on ZoomInfo Technologies (NASDAQ:ZI) but has lowered the price target from $30 to $23.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 4:24 pm

ACNB

Piper Sandler analyst Justin Crowley maintains a Neutral rating on ACNB (NASDAQ:ACNB) and raises the price target from $35 to $37.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 4:24 pm

LSCC

Lattice Semiconductor Corp (NASDAQ:LSCC) reported its Q3 results, which were in line with expectations, but lowered its Q4 guidance due to softening demand in comm infra, industrial, and automotive end markets. This was offset by improving demand in traditional and AI servers. Analysts from KeyBanc Capital Markets, Stifel, Needham, Susquehanna, and Benchmark have all reduced their price targets for LSCC, while maintaining their ratings. LSCC shares declined by 16.01% to $56.52.

Portfolio Pulse from Priya Nigam

October 31, 2023 | 4:23 pm