Streetbeat News

Price Targets

AMZN

Wells Fargo analyst Brian Fitzgerald initiates coverage on Amazon.com (NASDAQ:AMZN) with an Overweight rating and announces a price target of $159.

Portfolio Pulse from richadhand@benzinga.com

June 08, 2023 | 8:10 am

SCHW

Unusual options activity has been observed for Charles Schwab (NYSE:SCHW), with 11 strange trades detected. Whales have been targeting a price range of $30.0 to $75.0 for the stock over the last 3 months. Jefferies maintains a Buy rating with a price target of $64, while Raymond James upgraded its action to Outperform with a price target of $63.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:47 pm

JNJ

A whale has taken a bearish stance on Johnson & Johnson (NYSE:JNJ), with 60% of detected unusual options trades being bearish. Whales have been targeting a price range of $150 to $195 for JNJ over the last 3 months. Mizuho maintains a Buy rating with a price target of $40, while Citigroup downgraded to Buy with a price target of $185.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:46 pm

UNH

A large bullish position on UnitedHealth Group (NYSE:UNH) has been observed, with 12 options trades spotted, split between 50% bullish and 50% bearish sentiment. Whales have been targeting a price range of $320 to $490 for UNH over the last 3 months. Piper Sandler downgraded its action to Overweight with a price target of $580, while JP Morgan maintained their Overweight rating with a price target of $562.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:17 pm

ETSY

Wells Fargo has initiated coverage on Etsy with a Buy rating and a price target of $70.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 8:05 pm

BRZE

In the last 3 months, 9 analysts have provided 12-month price targets for Braze (NASDAQ:BRZE), with an average target of $39.33, a high of $50, and a low of $34. The average price target has increased by 13.67% over the past month.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:02 pm

MET

A whale has taken a bearish stance on MetLife (NYSE:MET) with 13 unusual options trades detected. 53% of investors have bearish expectations, with 11 puts totaling $820,907 and 2 calls totaling $886,755. Whales have been targeting a price range of $50 to $60 for MetLife over the last 3 months. Wells Fargo, RBC Capital, and Morgan Stanley maintain positive ratings on MetLife with price targets of $75, $65, and $78, respectively.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:01 pm

TTD

A whale has taken a bearish stance on Trade Desk (NASDAQ:TTD), with 72% of detected unusual options trades being bearish. Whales have been targeting a price range of $65 to $100 for Trade Desk over the last 3 months. The stock is currently down 1.36% at $73.86, and RSI indicators suggest it may be approaching overbought.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:01 pm

NKE

A large investor has taken a bullish stance on Nike (NYSE:NKE), with 70% of big-money traders being bullish and 30% bearish. Whales have been targeting a price range of $85 to $110 for Nike over the last 3 months. Williams Trading downgraded Nike to Sell with a price target of $95, while Wells Fargo maintained their Overweight rating with a price target of $138.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:33 pm

BASE

Couchbase, Inc. (NASDAQ:BASE) shares are down after the company issued Q2 guidance below estimates, despite beating Q1 expectations. Several analysts raised their price targets on the stock.

Portfolio Pulse from Ryan Gustafson

June 07, 2023 | 7:11 pm