Streetbeat News

Price Targets

CVS

A whale has taken a bearish stance on CVS Health (NYSE:CVS), with 60% of detected unusual options trades being bearish. Whales have been targeting a price range of $62.5 to $74.0 for CVS Health over the last 3 months. Analysts from Truist Securities and JP Morgan maintain Buy and Overweight ratings, respectively, while Piper Sandler downgraded to Overweight.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 6:17 pm

STZ

Citigroup analyst Filippo Falorni maintains a Buy rating on Constellation Brands (NYSE:STZ) and raises the price target from $265 to $280.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 6:04 pm

DLTR

A large bullish position on Dollar Tree (NASDAQ:DLTR) has been observed, with 12 options trades spotted, 66% bullish and 33% bearish. Whales have been targeting a price range of $130 to $175 for Dollar Tree over the last 3 months. The stock is currently up 4.98% at $143.34.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 6:02 pm

SNOW

Needham analyst Mike Cikos reiterated a Buy rating on Snowflake Inc. (NYSE: SNOW) and raised the price target to $216 from $180, citing potential growth from Generative AI and an increased total addressable market. The analyst also remains confident in the company's FY29 Target Model of $10 billion in Product Revenue with an improved margin profile.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2023 | 5:54 pm

LOGI

VFC

VF Corp (VFC) has appointed Bracken Darrell, former Logitech (LOGI) CEO, as its new President and CEO, effective July 17, 2023. Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on VFC shares with a price target of $27.

Portfolio Pulse from Shivani Kumaresan

June 21, 2023 | 5:44 pm

URI

A whale investor has taken a bearish stance on United Rentals (NYSE:URI), with 65% of detected trades having bearish expectations. Whales have been targeting a price range of $385 to $440 for URI over the last 3 months. Morgan Stanley maintains an Equal-Weight rating with a price target of $428, while Credit Suisse downgraded its action to Outperform with a price target of $482.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:18 pm

FDX

Stifel maintains its Buy rating for FedEx (NYSE:FDX) but lowers its price target from $264.00 to $259.00. FedEx shares are currently trading down 1.91% at $227.23.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:02 pm

CCL

Barclays has maintained its Overweight rating for Carnival (NYSE:CCL) and raised its price target from $13.00 to $18.00. Carnival's shares are currently trading at $15.81, down 0.57% over the last 24 hours.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:02 pm

WCC

Over the past 3 months, 6 analysts have published their opinion on WESCO Intl (NYSE:WCC) stock, with 1 bullish and 5 somewhat bullish ratings. The average 12-month price target is $191.17, up 0.62% from the previous average of $190.00.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:01 pm

CPRX

Truist Securities maintains its Buy rating for Catalyst Pharmaceuticals (NASDAQ:CPRX) and raises its price target from $22.00 to $24.00. Catalyst Pharmaceuticals shares are trading up 3.13% at $13.02 per share.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:01 pm