Streetbeat News

Analyst Ratings

SUM

Seaport Global analyst Rohit Seth has upgraded Summit Materials (NYSE:SUM) from Neutral to Buy and set a price target of $47.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:13 pm

BF

Goldman Sachs analyst Bonnie Herzog has maintained a 'Sell' rating on Brown-Forman (NYSE:BF) and lowered the price target from $60 to $53.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:11 pm

ALKS

Evercore ISI Group analyst Umer Raffat has upgraded Alkermes (NASDAQ:ALKS) from In-Line to Outperform.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:10 pm

RRC

Raymond James analyst John Freeman has upgraded Range Resources (NYSE:RRC) from Market Perform to Outperform and set a new price target of $41.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:06 pm

WEC

Barclays analyst Eric Beaumont has maintained an 'Underweight' rating on WEC Energy Group (NYSE:WEC) and lowered the price target from $83 to $81.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:05 pm

STEM

Barclays analyst Christine Cho has maintained an Equal-Weight rating on Stem (NYSE:STEM) and lowered the price target from $6 to $5.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:02 pm

PDD

A significant investor has taken a bearish stance on PDD Holdings (NASDAQ:PDD), with 52% of investors opening trades with bearish expectations. The whales have been targeting a price range from $60.0 to $124.0 for PDD Holdings over the last 3 months. The price of PDD is up 2.31% at $106.6, and RSI indicators suggest the stock may be overbought. The next earnings are expected in 34 days.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 2:01 pm

BA

A significant amount of unusual options activity has been detected for Boeing (NYSE:BA), with a bearish stance being taken by a majority of investors. Of the 20 strange trades detected, 60% were bearish and 40% bullish. The total amount for puts was $3,339,844 and for calls was $620,725. Whales have been targeting a price range from $167.5 to $230.0 for Boeing over the last 3 months. UBS and Deutsche Bank have downgraded their actions on Boeing, while Wells Fargo maintains an Overweight rating.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 2:01 pm

NFLX

A significant bearish stance has been taken on Netflix (NASDAQ:NFLX) by a large investor, as indicated by a large position in the company's publicly available options history. Benzinga's options scanner spotted 15 options trades for Netflix, with sentiment split between 46% bullish and 53% bearish. Whales have been targeting a price range from $375.0 to $425.0 for Netflix over the last 3 months. Several experts have given their ratings on Netflix, with price targets ranging from $404 to $525.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 2:01 pm

PPL

Over the past 3 months, 4 analysts have published their opinion on PPL (NYSE:PPL) stock. The company has an average price target of $27.25, a decrease of 9.17% from the previous average price target of $30.00. Two analysts are somewhat bullish, while two are indifferent.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 2:00 pm