Streetbeat News

Price Targets

SNOW

A whale has taken a bearish stance on Snowflake (NYSE:SNOW), with 64% of detected unusual options trades being bearish. Whales have been targeting a price range of $135 to $210 for Snowflake over the last 3 months. The stock is currently down 3.41% at $178.02, and Stifel has upgraded its action to Buy with a price target of $185.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 4:00 pm

BABA

Benchmark analyst Fawne Jiang reiterates a Buy rating on Alibaba Group Holding (NYSE:BABA) and maintains a $180 price target.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 3:57 pm

GOLD

A whale has taken a bearish stance on Barrick Gold (NYSE:GOLD), with 54% of recent unusual options activity being bearish. Whales have been targeting a price range of $17.0 to $30.0 for Barrick Gold over the last 3 months. Goldman Sachs maintains a Neutral rating with a price target of $22, while Barclays maintains an Overweight rating with a price target of $28.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 3:31 pm

ULTA

Ulta Beauty shares are trading lower after Oppenheimer maintained an Outperform rating but lowered its price target. The stock may also be affected by the broader retail sector after Foot Locker lowered its FY23 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 3:01 pm

REGN

A large investor has taken a bullish stance on Regeneron Pharmaceuticals (NASDAQ:REGN), with 10 uncommon options trades spotted, split between 50% bullish and 50% bearish. Whales have been targeting a price range of $720 to $870 for REGN over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:49 pm

TMUS

Tigress Financial analyst Ivan Feinseth maintains a Buy rating on T-Mobile US (NASDAQ:TMUS) and raises the price target from $202 to $204.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 2:33 pm

PDD

A whale investor has taken a bullish stance on PDD Holdings (NASDAQ:PDD), with 50% of detected trades being bullish and 50% bearish. Whales have targeted a price range of $50 to $105 for PDD Holdings over the last 3 months. Goldman Sachs downgraded PDD to Neutral with a price target of $93, while Citigroup maintained a Buy rating with a price target of $100.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:30 pm

CRMD

CorMedix shares are trading higher after JMP Securities maintained an Outperform rating on the stock and raised its price target from $16 to $19.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 2:16 pm

NDLS

Noodles & Company shares dropped after the announcement of CFO Carl Lukach's departure and a downgrade by Stephens & Co from Overweight to Equal-Weight, with a reduced price target from $7 to $5.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 2:12 pm

LEGN

Legend Biotech's stock is trading higher after multiple analysts increased their price targets on the company.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 2:10 pm