Streetbeat News

Stock Prices

BOOT

In the last quarter, Boot Barn Holdings (NYSE:BOOT) has received mostly bullish ratings from analysts. The company has an average price target of $92.07, which is a 3.54% increase from the previous average price target of $88.92.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 7:00 pm

WYNN

Analysts have provided various ratings for Wynn Resorts (NASDAQ:WYNN) within the last quarter, with 2 bullish, 4 somewhat bullish, and 5 indifferent. The average price target for Wynn Resorts over the next 12 months is $122.09, a 1.0% decrease from the previous average price target of $123.32.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 7:00 pm

AAPL

DKNG

MGOL

TV

Soccer superstar Lionel Messi has signed with Inter Miami, a Major League Soccer (MLS) team. This move has increased interest in MLS and could significantly impact the value of the Miami-based soccer club. Apple Inc (NASDAQ:AAPL) has exclusive rights to MLS games in a 10-year deal valued at $2.5 billion and is offering Messi a portion of the revenue from all new MLS Season Pass subscriptions sold. The game will also be broadcast on Univision, 45% owned by Grupo Televisa (NYSE:TV). Betting odds at DraftKings Inc (NASDAQ:DKNG) show Inter Miami as the favorite. MGO Global (NASDSAQ:MGOL), the company that runs the Messi Store, reported a big increase in revenue for the first quarter, which ended on March 31, 2023.

Portfolio Pulse from Chris Katje

July 21, 2023 | 6:58 pm

ROKU

Wedbush analyst Alicia Reese reiterated Roku Inc (NASDAQ:ROKU) with an Outperform and a $80 price target, reflecting long-term global growth and significant leverage in Roku's business model. Despite a weak advertising market pressuring Average Revenue Per User (ARPU), Roku's share gains in the digital connected TV (CTV) space continue. The company is expected to return to meaningful profitability by year-end, with Q2 revenue likely to be $770 million, slightly below the consensus estimate of $773 million.

Portfolio Pulse from Anusuya Lahiri

July 21, 2023 | 6:57 pm

META

SNAP

Benchmark analyst Mark Zgutowicz reiterated a Hold rating on Snap Inc (SNAP) ahead of its 2Q earnings, citing concerns over revenue growth catalysts and competitiveness. The analyst also noted that TikTok is becoming more aggressive with new DR offerings, potentially taking more market share from SNAP and Meta Platforms Inc (META). SNAP's investments in AI/ML are seen as a risk to near-term FCF. The analyst estimates a -32% GAAP operating margin for SNAP in FY23E.

Portfolio Pulse from Anusuya Lahiri

July 21, 2023 | 6:53 pm

TSLA

Tesla's Cybertruck orders have surpassed 1.9 million, nearly double the reservation count from two years ago. This comes after CEO Elon Musk's statement about the 'off the hook' demand for the vehicle. The all-electric pickup truck has unique features and design, contributing to its popularity. However, customers may have to wait for four or five years to receive their truck due to production constraints. The company is still on track to deliver the vehicle by the end of the year.

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 6:52 pm

SAM

Wedbush analyst Gerald Pascarelli has reiterated a Neutral rating on Boston Beer Company Inc (SAM) with a $325 price target. The company is expected to report 2Q FY23 earnings on August 27, 2023, with an expected EPS of $3.22, below the consensus EPS of $3.43. The analyst predicts a 4.2% revenue decline and a 5% volume decline for the full year. SAM's efforts to double-down on Twisted Tea are paying off, but this is offset by pressure in Truly.

Portfolio Pulse from Shivani Kumaresan

July 21, 2023 | 6:50 pm

MAT

SPY

WBD

The article discusses the impact of the 'Barbie Girl' song on Mattel Inc's (NASDAQ:MAT) stock since its release in 1997. It also mentions the release of the 'Barbie' movie by Mattel and Warner Bros. Discovery (NASDAQ:WBD). A $1,000 investment in Mattel in 1997 would be worth $1,680.97 today, a 68.1% increase. However, the same investment in the SPDR S&P 500 ETF Trust (NYSE:SPY) would be worth $18,534.65, a 1,753.5% return.

Portfolio Pulse from Chris Katje

July 21, 2023 | 6:50 pm

LVS

Benzinga's options scanner detected over 12 options trades for Las Vegas Sands (NYSE:LVS) totaling $752,890. Whales have been targeting a price range from $52.5 to $70.0 for Las Vegas Sands over the last 3 months. The price of LVS is down -1.22% at $55.75. JP Morgan, B of A Securities, Morgan Stanley, Stifel, and Wells Fargo have maintained their ratings on Las Vegas Sands with price targets ranging from $65 to $78.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 6:48 pm

GE

A significant bullish stance has been taken on General Electric (NYSE:GE) by a large investor, as evidenced by a large position in GE's options. The sentiment among these big-money traders is 90% bullish and 9% bearish. The whales have been targeting a price range from $80.0 to $115.0 for GE over the last 3 months. Wells Fargo maintains an Equal-Weight rating on GE with a price target of $105, while Citigroup maintains a Buy rating with a price target of $126.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 6:48 pm