Streetbeat News

Price Targets

MELI

A whale has taken a bullish stance on MercadoLibre (NASDAQ:MELI), with 64% of investors opening trades with bullish expectations and 35% with bearish. Whales have been targeting a price range of $1000 to $1350 for MercadoLibre over the last 3 months. The stock is currently up 1.01% at $1333.42, and RSI indicators suggest it may be approaching overbought. Several financial institutions maintain positive ratings and price targets for MELI.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 8:02 pm

INTU

A large bearish position on Intuit (NASDAQ:INTU) has been spotted, with 60% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $400 to $470 for Intuit over the last 3 months. Mizuho and Barclays maintain their Buy and Overweight ratings on Intuit, with price targets of $550 and $495, respectively.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 7:46 pm

MA

A whale investor has taken a bearish stance on Mastercard (NYSE:MA), with 57% of detected trades having bearish expectations. Whales have been targeting a price range of $250 to $450 for Mastercard over the last 3 months. Analysts from Credit Suisse, Raymond James, Tigress Financial, BMO Capital, and RBC Capital maintain Outperform or Strong Buy ratings with price targets ranging from $400 to $476.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 7:31 pm

ZI

DA Davidson raised its price target on ZoomInfo stock from $30 to $40, causing the shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 7:31 pm

IART

In the last 3 months, 4 analysts have provided 12-month price targets for Integra Lifesciences (NASDAQ:IART), with an average price target of $60.0, down 4.38% from the previous average of $62.75. The ratings include 1 somewhat bullish and 3 indifferent.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 7:00 pm

NOW

ServiceNow announces a five-year business partnership with Wipro, a $1.5 billion repurchase, and receives multiple analyst price target raises.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 6:59 pm

NFLX

Oppenheimer analyst Jason Helfstein maintains an Outperform rating on Netflix (NASDAQ:NFLX) with a price target of $415. Netflix's ad tier progress is viewed positively, with 5 million MAUs and 25% of new subscribers in respective geographies. The company is also adding third-party verification tools and expects advertising revenue to grow to over $3 billion over time.

Portfolio Pulse from Anusuya Lahiri

May 18, 2023 | 6:43 pm

KNTE

HC Wainwright has lowered the price target for Kinnate Biopharma Inc (NASDAQ:KNTE) to $24 from $25 with a Buy rating. The company reported a net loss of $0.73 per share for 2022, and has cash and investments of $231.2 million. Analysts note the potential for KIN-3248 to garner tumor-agnostic approval based on the Phase 2 RAGNAR trial results.

Portfolio Pulse from Vandana Singh

May 18, 2023 | 6:36 pm

GROM

EF Hutton analyst Edward Reilly maintains a Buy rating on Grom Social Enterprises (NASDAQ:GROM) but lowers the price target from $1 to $0.6.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 6:24 pm

JACK

TD Cowen analyst Andrew Charles maintains a Market Perform rating on Jack In The Box (NASDAQ:JACK) and raises the price target from $95 to $101.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 6:23 pm