Streetbeat News

Price Targets

PTON

Wolfe Research analyst Deepak Mathivanan downgraded Peloton Interactive (NASDAQ:PTON) from Peer Perform to Underperform and announced a $6 price target.

Portfolio Pulse from richadhand@benzinga.com

June 21, 2023 | 9:03 am

SPOT

Wolfe Research analyst Deepak Mathivanan has upgraded Spotify Technology (NYSE:SPOT) from Peer Perform to Outperform and set a new price target of $190.

Portfolio Pulse from richadhand@benzinga.com

June 21, 2023 | 9:02 am

CRGO

Chardan Capital analyst Brian Dobson reiterated a Buy rating on Freightos (NASDAQ:CRGO) and maintained an $11 price target.

Portfolio Pulse from richadhand@benzinga.com

June 21, 2023 | 8:59 am

MEC

EF Hutton analyst Tim Moore maintains a Buy rating on Mayville Engineering (NYSE:MEC) and raises the price target from $21 to $22.

Portfolio Pulse from richadhand@benzinga.com

June 21, 2023 | 8:58 am

ACLX

HC Wainwright & Co. analyst Emily Bodnar reiterates a Buy rating on Arcellx (NASDAQ:ACLX) and maintains a $49 price target.

Portfolio Pulse from richadhand@benzinga.com

June 21, 2023 | 8:56 am

TEL

Over the past 3 months, 6 analysts have published their opinion on TE Connectivity (NYSE:TEL) stock, with 3 somewhat bullish and 3 indifferent. The company has an average 12-month price target of $139.67, up 6.89% from the previous average of $130.67.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 9:00 pm

LEN

Unusual options activity has been observed in Lennar (NYSE:LEN), with 17 strange trades detected. 41% of investors opened trades with bullish expectations, while 58% were bearish. Whales have been targeting a price range of $90 to $145 for Lennar over the last 3 months. Analysts have mixed opinions on the stock, with price targets ranging from $94 to $161.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 8:01 pm

CHRS

Coherus BioSciences shares are trading lower after Truist Securities maintained a Buy rating on the stock but lowered its price target from $24 to $22.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 8:01 pm

TYGO

Tigo Energy shares are trading higher after Roth MKM and Craig-Hallum initiated coverage on the stock with Buy ratings and price targets of $21 and $28, respectively.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 7:57 pm

BUD

A large bearish position on Anheuser-Busch InBev (NYSE:BUD) has been spotted, with 13 puts totaling $435,127 and 1 call totaling $27,000. The overall sentiment of these big-money traders is 35% bullish and 64% bearish. Evercore ISI Group maintains an Outperform rating with a price target of $70.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 7:47 pm