Streetbeat News

Analyst Ratings

UVSP

Piper Sandler has maintained its Neutral rating for Univest Financial (NASDAQ:UVSP) but lowered its price target from $18.00 to $17.00. Univest Financial's shares are currently trading at $17.20, and a move to $17.00 would represent a 1.16% decrease from the current share price.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 5:00 pm

R

Stephens & Co. has maintained its Equal-Weight rating for Ryder System (NYSE:R) but lowered its price target from $105.00 to $102.00. Ryder System's shares are currently trading at $93.22, and a move to $102.00 would represent a 9.42% increase.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 5:00 pm

CRSP

VRTX

The FDA's Cellular, Tissue, and Gene Therapies Advisory Committee is set to discuss Vertex Pharmaceuticals Inc (VRTX) and CRISPR Therapeutics AG's (CRSP) sickle cell disease gene therapy candidate. The FDA has raised questions about the sample size used by Vertex for its off-target editing analysis. The FDA decision date is set for 8 December. William Blair sees the situation as highly favorable for CRISPR/Vertex, but investors are concerned about whether the FDA will demand further analyses.

Portfolio Pulse from Vandana Singh

October 27, 2023 | 4:57 pm

BTCUSD

COIN

ETHUSD

LTCUSD

MARA

SJIM

SOLUSD

SPY

Jim Cramer, a television host known for his controversial takes on the stock market, had warned against investing in cryptocurrencies in December 2022. However, those who ignored his advice and invested in Bitcoin, Ethereum, Solana, Litecoin, and Coinbase Global would have seen significant returns over the last 10 months. An ETF that tracks Cramer's recommendations inversely, the Inverse Cramer Tracker ETF, was also launched earlier this year.

Portfolio Pulse from Chris Katje

October 27, 2023 | 4:55 pm

WTW

Piper Sandler analyst Paul Newsome has maintained an Overweight rating on Willis Towers Watson (NASDAQ:WTW) and raised the price target from $265 to $267.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 4:35 pm

MO

A significant bearish stance has been taken on Altria Group (NYSE:MO) 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 price range targeted by these investors for Altria Group over the last 3 months is $25.0 to $42.5. Citigroup, Jefferies, and UBS have maintained their Neutral, Buy, and Sell ratings on Altria Group respectively.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:32 pm

UVSP

Piper Sandler analyst Frank Schiraldi maintains a Neutral rating on Univest Financial (NASDAQ:UVSP) and lowers the price target from $18 to $17.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 4:31 pm

AMD

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading higher by 3.35% to $96.81 during Friday's session, possibly in sympathy with Intel Corporation's better-than-expected Q4 results and strong guidance. Intel's success could signal a well-performing semiconductor market, potentially benefiting other companies in the industry, including AMD. This could lead to speculation that AMD may also report strong results or gain market share, driving its stock price higher.

Portfolio Pulse from Henry Khederian

October 27, 2023 | 4:31 pm

SQ

Block, Inc. (NYSE:SQ) shares have fallen nearly 10% in the last five days due to fears of U.S. payment companies following suit after French payment processing company Worldline slashed its guidance. Macroeconomic pressures including inflation and rising interest rates are also affecting consumer spending. Block is set to report its Q3 financial results on Nov. 2. More than 12 million shares have been traded in Friday's session, compared to the stock's 100-day average of 11.077 million shares.

Portfolio Pulse from Erica Kollmann

October 27, 2023 | 4:30 pm

EVBN

Piper Sandler analyst Alexander Twerdahl has maintained an Overweight rating on Evans Bancorp (AMEX:EVBN) but lowered the price target from $30 to $29.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 4:29 pm