Streetbeat News

Analyst Ratings

TRV

In the last quarter, Travelers Companies (NYSE:TRV) received indifferent ratings from 6 analysts. The company's average 12-month price target is $183.83, a slight increase from the previous average of $183.80. Analysts' ratings are based on research of company financial statements, conference calls, meetings, and insider information.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 9:00 pm

WTW

Willis Towers Watson (NASDAQ:WTW) has received mixed analyst ratings in the last quarter, with 1 bullish, 4 somewhat bullish, 4 indifferent, and 1 somewhat bearish. The average 12-month price target for the company is $240.3, a 4.05% decrease from the previous average of $250.44.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 9:00 pm

PYPL

16 analysts have provided ratings for PayPal Holdings (NASDAQ:PYPL) in the last quarter. The average price target is $85.56, which is higher than the current price of $57.89. This average represents an 11.88% decrease from the previous average price target of $97.10.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 9:00 pm

SHOP

A significant bullish stance has been taken on Shopify (NYSE:SHOP) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 59% bullish and 40% bearish. The price range targeted by these whales for Shopify over the last 3 months is from $34.0 to $145.0. JMP Securities has downgraded its action to Market Outperform with a price target of $72.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 8:46 pm

GOLD

Barrick Gold (NYSE:GOLD) has seen unusual options activity, with 69% of investors opening trades with bullish expectations. Whales have been targeting a price range from $10.0 to $15.0 for Barrick Gold over the last 3 months. The price of GOLD is up 1.6% at $14.6. BMO Capital, Jefferies, and UBS have maintained their Outperform, Hold, and Buy ratings on Barrick Gold respectively.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 8:46 pm

DDOG

A significant bearish stance has been taken on Datadog (NASDAQ:DDOG) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 13% bullish and 86% bearish. The whales have been targeting a price range from $85.0 to $110.0 for Datadog over the last 3 months. UBS has downgraded its action to Neutral with a price target of $100, while Piper Sandler upgraded its action to Overweight with a price target of $115.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 8:46 pm

FTXG

HSY

KO

NVO

PEP

WMT

Food and beverage stocks have experienced significant declines, with the First Trust Nasdaq Food & Beverage ETF (FTXG) falling over 5% this week. This is attributed to concerns over weight-loss drugs like Ozempic and Wegovy, manufactured by Novo Nordisk (NVO), which could alter consumption patterns and reduce demand for high-calorie foods and beverages. Walmart (WMT) reported a decline in shopping demand due to these drugs. Bank of America analysts suggest that the highest risk of reduced consumption pertains to alcohol, snacking, non-alcoholic beverages, and weight management products. Several food stocks, including The Hershey Company (HSY), PepsiCo (PEP), and The Coca-Cola Company (KO), are trading lower this week.

Portfolio Pulse from Piero Cingari

October 06, 2023 | 8:01 pm

CSCO

A significant amount of unusual options activity has been detected for Cisco Systems (NASDAQ:CSCO), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last three months is between $47.5 and $80.0. B of A Securities and Tigress Financial have maintained their Neutral and Buy ratings on Cisco Systems, respectively, with price targets of $60 and $76.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 8:01 pm

TPX

Tempur Sealy Intl (NYSE:TPX) has received positive analyst ratings in the last quarter, with 3 bullish, 2 somewhat bullish, and 1 indifferent. The average price target is $52.17, indicating an upside from the current price of $40.07. The average price target has increased by 10.06% over the past month.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 8:00 pm

OMF

OneMain Holdings (NYSE:OMF) has received positive analyst ratings in the last quarter, with 2 bullish and 5 somewhat bullish ratings. Over the past 3 months, 7 analysts have offered 12-month price targets for the company, with an average price target of $54.14, a high of $60.00, and a low of $46.00. The average price target has increased by 4.78% over the past month.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 8:00 pm