Streetbeat News

Analyst Ratings

OKTA

Okta's shares are trading lower due to a security breach in its support system, where a threat actor viewed customer files. Keybanc maintained an Overweight rating on Okta but reduced its price target from $106 to $95.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 2:11 pm

SMRT

Cantor Fitzgerald analyst Brett Knoblauch has maintained an Overweight rating on SmartRent (NYSE:SMRT) but lowered the price target from $7 to $5.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 2:10 pm

MOS

Wells Fargo has maintained an Equal-Weight rating on Mosaic's stock but lowered its price target from $44 to $38. This has led to a decrease in Mosaic's share price.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 2:10 pm

SEDG

BMO Capital analyst Ameet Thakkar has maintained an 'Outperform' rating on SolarEdge Technologies (NASDAQ:SEDG), but lowered the price target from $216 to $111.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 2:04 pm

BABA

A significant amount of unusual options activity has been observed for Alibaba Group Holding (NYSE:BABA), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $45.0 to $110.0 for Alibaba over the last 3 months. The price of BABA is currently down -1.1% at $79.06. Benchmark has downgraded its action to Buy with a price target of $180.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:01 pm

BA

A significant bearish stance on Boeing (NYSE:BA) has been observed in recent unusual options activity. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $130.0 to $230.0 for Boeing over the last 3 months. UBS downgraded its action to Buy with a price target of $275, Wells Fargo maintained their Overweight rating with a price target of $230, and Deutsche Bank downgraded its action to Hold with a price target of $204.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:01 pm

PANW

A significant investor has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW), with 70% of recent trades being bearish. The price target for the company's stock has been set between $70.0 and $320.0. The current price of PANW is down by 1.37% at $239.76. Keybanc maintains an Overweight rating on Palo Alto Networks with a price target of $315, while HSBC has downgraded its action to Hold with a price target of $242.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:01 pm

BBWI

In the last quarter, Bath & Body Works (NYSE:BBWI) received 6 somewhat bullish and 2 indifferent analyst ratings. The average 12-month price target for the company has increased by 12.73% from the previous average, now standing at $46.5. No bearish ratings were observed.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:00 pm

ORIC

Analysts have given ORIC Pharmaceuticals (NASDAQ:ORIC) a bullish rating in the last quarter, with an average price target of $17.0, compared to its current price of $6.0. The average price target has increased by 17.24% over the past month.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:00 pm

VEL

In the last quarter, 4 analysts have provided ratings for Velocity Financial (NYSE:VEL), with 1 being bullish, 2 somewhat bullish, and 1 indifferent. The average 12-month price target for the company is $14.5, an increase of 13.02% from the previous average of $12.83.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:00 pm