Streetbeat News

Price Targets

BXSL

Raymond James analyst Robert Dodd maintains an Outperform rating on Blackstone Secured (NYSE:BXSL) and raises the price target from $27 to $28.

Portfolio Pulse from richadhand@benzinga.com

June 22, 2023 | 8:14 am

TWKS

Piper Sandler analyst Arvind Ramnani reiterated a Neutral rating on Thoughtworks Holding (NASDAQ:TWKS) and maintained a $7 price target.

Portfolio Pulse from richadhand@benzinga.com

June 22, 2023 | 8:13 am

QURE

Chardan Capital analyst Matthew Barcus maintains a Buy rating on uniQure (NASDAQ:QURE) but lowers the price target from $45 to $27.

Portfolio Pulse from richadhand@benzinga.com

June 22, 2023 | 8:12 am

CI

A whale has taken a bullish stance on Cigna Group (NYSE:CI), with 63% of detected unusual options trades being bullish and 36% bearish. The total amount for puts is $511,410, and for calls, it's $850,885. Whales have been targeting a price range of $270 to $290 for Cigna Group over the last 3 months. Truist Securities maintains a Buy rating with a price target of $365, while B of A Securities upgraded to Buy with a price target of $320.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 8:47 pm

ALB

A large bearish position on Albemarle (NYSE:ALB) has been spotted, with 71% of big-money traders being bearish. Whales have been targeting a price range of $135 to $230 for Albemarle over the last 3 months. Citigroup downgraded its action to Buy with a price target of $260.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 8:32 pm

SOUN

Cantor Fitzgerald has raised its price target for SoundHound AI (SOUN) from $2.80 to $6.20.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:11 pm

UBER

Unusual options activity has been detected for Uber Technologies (NYSE:UBER), with 27 strange trades observed. 40% of investors opened trades with bullish expectations, while 59% were bearish. Whales have targeted a price range of $22.5 to $60.0 for Uber over the last 3 months. The stock is currently up 1.16% at $42.66.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 7:34 pm

CMG

Wedbush analyst Nick Setyan reiterated an Outperform rating on Chipotle Mexican Grill Inc (NYSE:CMG) and raised the price target from $2,200 to $2,300. He expects Q2 same-store-sales growth to be in-line or slightly above the 7.4% consensus, driven by menu innovation, loyalty/digital, throughput, and marketing spend growth. Stable labor costs and a stable-to-down delivery mix outlook are also expected to contribute to the upside.

Portfolio Pulse from Shivani Kumaresan

June 21, 2023 | 7:12 pm

UBER

Oppenheimer analyst Jason Helfstein reiterated an Outperform rating on Uber Technologies, raising the price target to $65 from $55. He cites higher peer valuations, consumer tailwinds, and Uber's exposure to strong consumer categories as reasons for the bullish outlook. Helfstein also expects Uber to benefit from potential S&P 500 inclusion and expansion into new markets.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2023 | 7:11 pm

XEL

In the last 3 months, 10 analysts have provided 12-month price targets for Xcel Energy (NASDAQ:XEL), with an average price target of $70.6, down 1.94% from the previous average of $72. The company has received 3 bullish, 3 somewhat bullish, and 4 indifferent ratings.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 7:01 pm