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PERI

Perion Network (NASDAQ:PERI) has received mostly bullish ratings from analysts in the last quarter, with an average price target of $41.0, indicating potential upside from the current price of $33.35. The average price target has increased by 7.89% from the previous average of $38.00.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 12:02 pm

PARA

Over the past 3 months, 11 analysts have published their opinion on Paramount Global (NASDAQ:PARA) stock. The average price target is $20.73, implying an upside from the current price of $16.47. The current average has decreased by 8.56% from the previous average price target of $22.67.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 12:01 pm

EADSF

EADSY

Airbus SE delivered 72 airplanes to 48 customers in June, with gross orders totaling 902. The company's year-to-date deliveries totaled 316 airplanes to 73 customers. Airbus registered 1,044 net orders in the year's first half, after 36 cancellations. Last month, Airbus confirmed the order for 500 A320 Family aircraft by Indian airline IndiGo, marking the largest single purchase deal in commercial aviation history. EADSY shares closed lower by 1.92% to $35.32 on Thursday.

Portfolio Pulse from Nabaparna Bhattacharya

July 07, 2023 | 11:52 am

APLD

CALM

COST

CRIS

KRP

LEVI

META

NEM

PLTK

Several analyst forecasts were released on Friday, with price target changes for Applied Digital Corporation, Cal-Maine Foods, General Motors Company, Ford Motor Company, Playtika Holding Corp., Curis, Inc., Costco Wholesale Corporation, Newmont Corporation, Kimbell Royalty Partners, LP, Levi Strauss & Co., and Meta Platforms, Inc. The changes ranged from increases to decreases, with various ratings maintained or upgraded.

Portfolio Pulse from Lisa Levin

July 07, 2023 | 11:44 am

WSM

Barclays analyst Adrienne Yih has downgraded Williams-Sonoma (NYSE:WSM) from Equal-Weight to Underweight and lowered the price target from $126 to $115.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 11:41 am

RIVN

TSLA

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are set to gain for the 8th consecutive session, driven by strong Q2 deliveries and a charging partnership with Tesla, Inc. (NASDAQ:TSLA). Wedbush analyst Daniel Ives has maintained an Outperform rating on the stock and increased the price target from $25 to $30, suggesting a 36% upside from current levels. The upward price target adjustment reflects growing confidence in Rivian’s ability to meet or exceed delivery targets in the second half of the year and 2024.

Portfolio Pulse from Shanthi Rexaline

July 07, 2023 | 11:33 am

COIN

FRGE

HYW

ITIC

MATH

The article lists five financial stocks that are considered overbought, indicating they may be overvalued. These include Forge Global Holdings (FRGE), Metalpha Technology Holding (MATH), Investors Title Company (ITIC), Hywin Holdings (HYW), and Coinbase Global (COIN). The overbought status is determined by the Relative Strength Index (RSI), which is above 70 for all these stocks.

Portfolio Pulse from Lisa Levin

July 07, 2023 | 11:31 am

MCY

Raymond James analyst C. Gregory Peters has downgraded Mercury General (NYSE:MCY) from Strong Buy to Outperform and lowered the price target from $40 to $33.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 11:23 am

BDTX

NVCT

PLCE

Insider trades were noted in three US-listed companies: Children's Place, Inc. (NASDAQ:PLCE), Black Diamond Therapeutics, Inc. (NASDAQ:BDTX), and Nuvectis Pharma, Inc. (NASDAQ:NVCT). The CEO of Children's Place acquired 43,000 shares at an average price of $23.70, costing around $1.02 million. Black Diamond Therapeutics' Director bought 1,000,000 shares at an average price of $5.00, costing around $5 million. Nuvectis Pharma's 10% owner purchased 1,176 shares at an average price of $15.52, costing around $18,252.

Portfolio Pulse from Lisa Levin

July 07, 2023 | 11:19 am

MKTX

Rosenblatt analyst Andrew Bond maintains a 'Sell' rating on MarketAxess Holdings (NASDAQ:MKTX) and has lowered the price target from $254 to $234.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 11:17 am