Author: Fintel

[ad_1] Fintel reports that on August 9, 2023, Barclays maintained coverage of RingCentral Inc. – (NYSE:RNG) with a Overweight recommendation. Analyst Price Forecast Suggests 58.96% Upside As of August 2, 2023, the average one-year price target for RingCentral Inc. – is 47.21. The forecasts range from a low of 30.30 to a high of $68.25. The average price target represents an increase of 58.96% from its latest reported closing price of 29.70. See our leaderboard of companies with the largest price target upside. The projected annual revenue for RingCentral Inc. – is 2,358MM, an increase of 11.92%. The projected annual…

[ad_1] Fintel reports that on August 9, 2023, Wells Fargo maintained coverage of Masimo (NASDAQ:MASI) with a Equal-Weight recommendation. Analyst Price Forecast Suggests 28.47% Upside As of August 2, 2023, the average one-year price target for Masimo is 151.60. The forecasts range from a low of 121.20 to a high of $207.90. The average price target represents an increase of 28.47% from its latest reported closing price of 118.00. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Masimo is 2,410MM, an increase of 10.22%. The projected annual non-GAAP EPS is 4.52. What…

[ad_1] Allied Motion Technologies said on August 2, 2023 that its board of directors declared a regular quarterly dividend of $0.03 per share ($0.12 annualized). Previously, the company paid $0.03 per share. Shares must be purchased before the ex-div date of August 16, 2023 to qualify for the dividend. Shareholders of record as of August 17, 2023 will receive the payment on August 31, 2023. At the current share price of $33.02 / share, the stock’s dividend yield is 0.36%. Looking back five years and taking a sample every week, the average dividend yield has been 0.30%, the lowest has…

[ad_1] Fintel reports that on August 9, 2023, Truist Securities maintained coverage of Treace Medical Concepts (NASDAQ:TMCI) with a Buy recommendation. Analyst Price Forecast Suggests 54.04% Upside As of August 2, 2023, the average one-year price target for Treace Medical Concepts is 31.01. The forecasts range from a low of 27.27 to a high of $34.65. The average price target represents an increase of 54.04% from its latest reported closing price of 20.13. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Treace Medical Concepts is 178MM, an increase of 6.88%. The projected…

[ad_1] Fintel reports that on August 9, 2023, RBC Capital maintained coverage of LyondellBasell Industries NV – (NYSE:LYB) with a Outperform recommendation. Analyst Price Forecast Suggests 2.10% Upside As of August 1, 2023, the average one-year price target for LyondellBasell Industries NV – is 100.48. The forecasts range from a low of 80.80 to a high of $127.05. The average price target represents an increase of 2.10% from its latest reported closing price of 98.42. See our leaderboard of companies with the largest price target upside. The projected annual revenue for LyondellBasell Industries NV – is 47,517MM, an increase of…

[ad_1] Fintel reports that on August 9, 2023, Wells Fargo maintained coverage of Runway Growth Finance (NASDAQ:RWAY) with a Equal-Weight recommendation. Analyst Price Forecast Suggests 3.80% Upside As of August 2, 2023, the average one-year price target for Runway Growth Finance is 13.48. The forecasts range from a low of 12.12 to a high of $15.22. The average price target represents an increase of 3.80% from its latest reported closing price of 12.99. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Runway Growth Finance is 153MM. The projected annual non-GAAP EPS is…

[ad_1] Fintel reports that on August 9, 2023, Morgan Stanley maintained coverage of Datadog Inc – (NASDAQ:DDOG) with a Overweight recommendation. Analyst Price Forecast Suggests 23.59% Upside As of August 2, 2023, the average one-year price target for Datadog Inc – is 108.81. The forecasts range from a low of 70.70 to a high of $147.00. The average price target represents an increase of 23.59% from its latest reported closing price of 88.04. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Datadog Inc – is 2,262MM, an increase of 19.23%. The projected…

[ad_1] Fintel reports that on August 9, 2023, Barclays maintained coverage of American Homes 4 Rent – (NYSE:AMH) with a Overweight recommendation. Analyst Price Forecast Suggests 4.39% Upside As of August 2, 2023, the average one-year price target for American Homes 4 Rent – is 38.01. The forecasts range from a low of 31.31 to a high of $45.15. The average price target represents an increase of 4.39% from its latest reported closing price of 36.41. See our leaderboard of companies with the largest price target upside. The projected annual revenue for American Homes 4 Rent – is 1,648MM, an…

[ad_1] On August 9, 2023 at 16:02:55 ET an unusually large $4,240.50K block of Put contracts in BlackRock Institutional Trust Company N.A. – iShares Russell 2000 ETF (IWM) was bought, with a strike price of $220.00 / share, expiring in 128 day(s) (on December 15, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 10.99 sigmas above the mean, placing it in the 100.00th percentile of all recent large trades made in IWM options. This trade was first picked up on Fintel’s real time Options Flow tool, where unusual option trades are highlighted. What…

[ad_1] On August 9, 2023 at 12:55:04 ET an unusually large $545.55K block of Put contracts in Upstart Holdings (UPST) was bought, with a strike price of $40.00 / share, expiring in 37 day(s) (on September 15, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 1.23 sigmas above the mean, placing it in the 88.53th percentile of all recent large trades made in UPST options. This trade was first picked up on Fintel’s real time Options Flow tool, where unusual option trades are highlighted. What is the Fund Sentiment? There are 481 funds…