Streetbeat News

Analyst Ratings

SEDG

Citigroup analyst Vikram Bagri maintains a Buy rating on SolarEdge Technologies (NASDAQ:SEDG) but lowers the price target from $248 to $187.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 3:42 pm

BANR

Stephens & Co. analyst Andrew Terrell maintains an Overweight rating on Banner (NASDAQ:BANR) but lowers the price target from $54 to $51.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 3:42 pm

FFIN

Stephens & Co. analyst Matt Olney maintains an Equal-Weight rating on First Financial Bankshares (NASDAQ:FFIN) and lowers the price target from $28 to $26.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 3:40 pm

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