Streetbeat News

Price Targets

DHI

A large investor has taken a bullish stance on D.R. Horton (NYSE:DHI), with Benzinga's options scanner spotting 14 uncommon options trades. The sentiment is split 50% bullish and 50% bearish, with whales targeting a price range of $90 to $120 for D.R. Horton over the last 3 months. Deutsche Bank downgraded its action to Buy with a price target of $150, while Barclays maintained their Overweight rating with a price target of $138.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 8:16 pm

DFS

In the last 3 months, 9 analysts have provided 12-month price targets for Discover Financial Services (NYSE:DFS), with an average target of $111.89, up 0.5% from the previous average of $111.33. The ratings include 2 somewhat bullish and 7 indifferent.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 8:02 pm

CEG

In the last quarter, Constellation Energy (NASDAQ:CEG) received 1 bullish, 5 somewhat bullish, and 2 indifferent analyst ratings. The average 12-month price target is $95.75, a 3.04% decrease from the previous average of $98.75.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 8:02 pm

FLNC

In the last 3 months, 11 analysts have offered 12-month price targets for Fluence Energy (NASDAQ:FLNC), with an average price target of $26.0, up 12.21% from the previous average of $23.17. The company has received 4 bullish, 2 somewhat bullish, and 5 indifferent ratings.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 8:01 pm

PG

A large bearish position on Procter & Gamble (NYSE:PG) has been spotted, with 63% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $140 to $165 for the company over the last 3 months. The stock is currently up 1.5% at $146.12, and Truist Securities has downgraded its action to Hold with a price target of $155.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 7:16 pm

T

A whale has taken a bearish stance on AT&T (NYSE:T) with 65% of detected unusual options activity being bearish. Whales have been targeting a price range of $10.0 to $17.0 for AT&T over the last 3 months. RBC Capital downgraded its action to Sector Perform with a price target of $19.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 6:45 pm

ZS

Stifel analyst Adam C. Borg reiterated a Buy rating on Zscaler, Inc. (NASDAQ:ZS) and raised the price target to $150 from $135. The analyst praised Zscaler's Q3 earnings, which surpassed estimates, and noted the company's potential for 25%-30%+ growth and margin expansion in the coming years.

Portfolio Pulse from Nabaparna Bhattacharya

June 02, 2023 | 6:35 pm

ETSY

Needham analyst Anna Andreeva reiterated a Buy rating on Etsy, Inc. (NASDAQ:ETSY) but lowered the price target to $130 from $160. The analyst warns of EBITDA margin compression as Etsy invests in buyer stickiness and expects a decline in Habitual buyers. However, Repeat buyer numbers remain steady at 40% of the base.

Portfolio Pulse from Nabaparna Bhattacharya

June 02, 2023 | 6:30 pm

AAPL

Morgan Stanley analyst Erik Woodring maintains Apple Inc (NASDAQ:AAPL) with an Overweight, raising the price target from $185 to $190. Woodring predicts growth for Apple's 'Reality Pro' AR/VR headset, anticipating a $100 billion TAM by 2030 and over $500 billion by 2037. Jefferies analyst Andrew Uerkwitz maintains Apple with a Buy and raises the price target from $195 to $210.

Portfolio Pulse from Anusuya Lahiri

June 02, 2023 | 6:15 pm

VVV

In the last 3 months, 4 analysts have offered 12-month price targets for Valvoline (NYSE:VVV), with an average price target of $40.5, a high of $43.00, and a low of $39.00. The average price target has increased by 3.18% over the past month.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 6:02 pm