Streetbeat News

Analyst Ratings

IPWR

Benchmark analyst David Williams has reiterated a 'Buy' rating on Ideal Power (NASDAQ:IPWR) and maintained a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 3:37 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

The Arora Report suggests that the 40-year bull market in bonds and stocks has ended due to the end of four megatrends. Fed Chair Powell and President Biden confirmed the end of two of these megatrends. The report also mentions positive early trade money flows in Meta Platforms Inc and Microsoft Corp, and negative flows in Apple Inc, Amazon.com, Inc., Alphabet Inc Class C, NVIDIA Corp, Tesla Inc, SPDR S&P 500 ETF Trust, and Invesco QQQ Trust Series 1. The report also mentions buying trends in gold, oil, and Bitcoin.

Portfolio Pulse from The Arora Report

October 20, 2023 | 3:36 pm

AAPL

T

AT&T reported Q3 FY23 revenues of $30.35 billion, up 1% YoY, beating the consensus of $28.69 billion. Scotiabank analyst Jeff Fan upgraded AT&T from Sector Perform to Sector Outperform with an $18.5 price target. Fan expects AT&T's FCF to improve in 2024, supported by low capital intensity, improving operating earnings, and reduced working capital usage. The company saw the highest levels of Apple iPhone pre-orders in many years while reporting low postpaid phone churn of 0.79%. AT&T also gained 15k broadband customers in Q3.

Portfolio Pulse from Anusuya Lahiri

October 20, 2023 | 3:36 pm

VMW

Benzinga's options scanner detected over 14 options trades for VMware (NYSE:VMW) totaling $530,300. Whales have been targeting a price range from $52.6 to $190.0 for VMware over the last 3 months. The price of VMW is up 1.12% at $152.0. RSI indicators suggest the stock may be oversold. Next earnings are expected in 32 days.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 3:30 pm

CRM

A significant bearish stance has been taken on Salesforce (NYSE:CRM) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 47% bullish and 52% bearish. The whales have been targeting a price range from $65.0 to $220.0 for Salesforce over the last 3 months. The price of CRM is currently down -2.41% at $203.3. JMP Securities and Truist Securities have downgraded their actions with a price target of $275.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 3:30 pm

TGTX

B. Riley Securities analyst Mayank Mamtani maintains a Buy rating on TG Therapeutics (NASDAQ:TGTX) but has lowered the price target from $32 to $24.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 3:27 pm

AA

B. Riley Securities has maintained a Neutral rating on Alcoa (NYSE:AA) and lowered the price target from $34 to $26.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 3:19 pm

SCHW

A significant bearish stance has been taken on Charles Schwab (NYSE:SCHW) with unusual options activity. 19 options trades were spotted, with 18 being puts and 1 call. The sentiment of these traders is 21% bullish and 78% bearish. The targeted price range for Charles Schwab over the last 3 months is $50.0 to $65.0. The current price of SCHW is down -1.56% at $51.09. Analysts from JMP Securities, Barclays, Piper Sandler, and Raymond James have given their ratings and price targets.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 3:16 pm

ASM

Roth MKM analyst Joe Reagor maintains a 'Buy' rating on Avino Silver & Gold Mines (AMEX:ASM) and raises the price target from $1.6 to $1.8.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 3:08 pm

BN

Brookfield's (NYSE:BN) short percent of float has fallen 15.67% since its last report, with 16.75 million shares sold short, which is 1.13% of all regular shares available for trading. It would take traders 7.62 days to cover their short positions on average. Compared to its peers, Brookfield has less short interest as a percentage of float, with the average being 2.90%.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 3:01 pm