Streetbeat News

Analyst Ratings

IDYA

RBC Capital analyst Gregory Renza maintains an 'Outperform' rating on IDEAYA Biosciences (NASDAQ:IDYA) and raises the price target from $32 to $36.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 4:22 pm

JD

A significant amount of unusual options activity has been detected for JD.com (NASDAQ:JD), with a majority of investors taking a bullish stance. The price range targeted by these investors over the last 3 months is $20.0 to $45.0. The current price of JD.com is $24.36, down by 1.77%. Several financial institutions have maintained or downgraded their ratings on JD.com, with price targets ranging from $31 to $67.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:15 pm

RNAZ

HC Wainwright & Co. analyst Emily Bodnar has reiterated a 'Buy' rating on TransCode Therapeutics (NASDAQ:RNAZ) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 4:03 pm

DIS

A significant investor has taken a bearish stance on Walt Disney (NYSE:DIS), with 52% of recent trades being bearish. The targeted price range for Disney over the last 3 months has been $55.0 to $110.0. The current price of DIS is $83.27, up 0.2%. JP Morgan maintains an Overweight rating on Disney with a price target of $120, while Bernstein and Seaport Global have downgraded their actions with price targets of $103 and $93 respectively.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:01 pm

CME

The article provides a detailed comparison of CME Group (NASDAQ:CME) with its competitors in the Capital Markets industry. The analysis suggests that CME Group's stock is undervalued compared to its peers, with a lower Price to Earnings ratio and Price to Book ratio. However, the company's Price to Sales ratio is higher than the industry average, indicating potential overvaluation in relation to its sales performance. CME Group's Return on Equity is lower than the industry average, but it has a higher EBITDA, gross profit, and revenue growth, suggesting strong financial performance.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:01 pm

PLD

Unusual options activity has been observed for Prologis (NYSE:PLD), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 15 options trades for Prologis, with 80% of the sentiment being bearish. The price target for Prologis over the last 3 months has been targeted at $105.0. Truist Securities, Raymond James, and Barclays have given price targets of $135, $130, and $153 respectively.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:01 pm

SMTC

Semtech (NASDAQ:SMTC) has received 9 bullish and 3 somewhat bullish ratings in the last quarter, with no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for Semtech is $35.83, a decrease of 12.25% from the previous average price target of $40.83.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:01 pm

STEM

Stem (NYSE:STEM) has received one somewhat bullish and six indifferent analyst ratings in the last quarter. The average 12-month price target for the stock, according to seven analysts, is $7.43, representing an 11.55% decrease from the previous average price target of $8.40.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:00 pm

MCHP

Microchip Technology (NASDAQ:MCHP) has received a mix of bullish and indifferent analyst ratings in the last quarter. The average 12-month price target for the company, according to 9 analysts, is $100.33, an increase of 0.76% from the previous average of $99.57.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:00 pm

ABNB

The article provides a detailed comparison of Airbnb (NASDAQ:ABNB) with its competitors in the Hotels, Restaurants & Leisure industry. It evaluates Airbnb's financial metrics, market position, and growth potential. The analysis reveals that Airbnb's P/E ratio is lower than the industry average, suggesting potential undervaluation. However, its P/B and P/S ratios are higher, indicating potential overvaluation. Airbnb's ROE is lower than the industry average, but it has a higher EBITDA and gross profit. The company's revenue growth is lower than the industry average. Airbnb's debt-to-equity ratio is lower than its top 4 peers, indicating a stronger financial position.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:00 pm