Streetbeat News

Analyst Ratings

MXL

Susquehanna analyst Christopher Rolland maintains a positive outlook on MaxLinear (NASDAQ:MXL), but has lowered the price target from $40 to $30.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:17 pm

ARM

A large bearish position has been taken on ARM Holdings (NASDAQ:ARM), as noticed by Benzinga's options scanner. The overall sentiment of these big-money traders is split between 31% bullish and 68% bearish. Whales have been targeting a price range from $40.0 to $75.0 for ARM Holdings over the last 3 months. The price of ARM is currently up 3.57% at $52.0.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:16 pm

MCHP

Susquehanna analyst Christopher Rolland has maintained a positive rating on Microchip Technology (NASDAQ:MCHP) but lowered the price target from $100 to $95.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:16 pm

CVX

Unusual options activity has been observed for Chevron (NYSE:CVX), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 11 options trades for Chevron, with sentiment split between 36% bullish and 63% bearish. The price range targeted by these investors over the last 3 months is from $90.0 to $190.0. Chevron's current price is $160.19, down 0.3%. Analysts from UBS and Morgan Stanley maintain their Buy and Equal-Weight ratings respectively, while Bernstein downgraded its action to Market Perform.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:16 pm

OXY

A significant amount of bearish options activity has been observed for Occidental Petroleum (NYSE:OXY). Of the 11 unusual trades detected, 72% were bearish and 27% bullish. The total amount for puts was $380,885 and for calls was $270,409. Whales have been targeting a price range from $60.0 to $80.0 for Occidental Petroleum over the last 3 months. The current price of OXY is $62.8. Analysts from Susquehanna, Stephens & Co., and UBS have given price targets of $78, $74, and $74 respectively.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:16 pm

LSCC

Susquehanna analyst Christopher Rolland has maintained a positive rating on Lattice Semiconductor (NASDAQ:LSCC), but lowered the price target from $105 to $95.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:15 pm

LITE

Susquehanna analyst Christopher Rolland has maintained a positive rating on Lumentum Holdings (NASDAQ:LITE) but lowered the price target from $55 to $45.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:13 pm

KN

Susquehanna analyst Christopher Rolland has maintained a Neutral rating on Knowles (NYSE:KN) and lowered the price target from $16 to $15.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:11 pm

CRUS

Susquehanna analyst Christopher Rolland has maintained a positive outlook on Cirrus Logic (NASDAQ:CRUS), but has lowered the price target from $95 to $80.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:10 pm

BTCUSD

ETHUSD

Crypto analyst Rekt Capital has analyzed key price ranges for Bitcoin (BTC) and Ethereum (ETH), suggesting that Bitcoin's bearish trend may be ending. Bitcoin's monthly performance has risen by over 14%, with a potential monthly range formation between $27,150 to $30,450. Observers are advised to watch for 'Fear Of Missing Out' (FOMO) wicks as the month ends. A monthly close beyond this range high is essential for upside continuity. On a weekly timeframe, Bitcoin's price showcases a different range, approximately between $25,880 to $30,630. If Bitcoin fails to break the range's high resistance, a downward movement within this range might be the next course of action.

Portfolio Pulse from Murtuza Merchant

October 24, 2023 | 3:09 pm