Streetbeat News

Analyst Ratings

AAP

DBGI

JACK

KFS

PENN

Benzinga Insights has identified five value stocks in the consumer cyclical sector that may be worth watching: Jack In The Box (JACK), PENN Entertainment (PENN), Digital Brands Group (DBGI), Kingsway Financial Servs (KFS), and Advance Auto Parts (AAP). The selection is based on the price-to-earnings (P/E) multiple, a common indicator of undervalued stocks. The companies' recent earnings per share and dividend yields were also reported.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:43 pm

CWEN

Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Clearway Energy (NYSE:CWEN) and lowered the price target from $27 to $23.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:40 pm

BLCO

Evercore ISI Group analyst Vijay Kumar has reinstated Bausch & Lomb (NYSE:BLCO) with an Outperform rating and announced a $20 price target.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:39 pm

DY

B of A Securities analyst Alexander Waters has initiated coverage on Dycom Industries (NYSE:DY) with a Buy rating and a price target of $120.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:37 pm

KNTK

Pickering Energy Partners analyst Leif Lundaas has initiated coverage on Kinetik Holdings (NYSE:KNTK) with a Neutral rating.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:34 pm

KMI

Pickering Energy Partners analyst Leif Lundaas has initiated coverage on Kinder Morgan (NYSE:KMI) with a Neutral rating.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:33 pm

NEE

A significant amount of unusual options activity has been observed for NextEra Energy (NYSE:NEE), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is between $40.0 and $67.5. The current price of NEE is $52.15, with RSI indicators suggesting the stock may be oversold. Analysts from Morgan Stanley, RBC Capital, BMO Capital, and Mizuho have maintained positive ratings on NextEra Energy, with price targets ranging from $65 to $91.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:32 pm

OKE

Pickering Energy Partners analyst Leif Lundaas has initiated coverage on ONEOK (NYSE:OKE) with an Underperform rating.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:31 pm

AXP

A large bearish position has been taken on American Express (NYSE:AXP), as observed from publicly available options history. The sentiment among big-money traders is split between 46% bullish and 53% bearish. Whales have been targeting a price range from $135.0 to $200.0 for American Express over the last 3 months. Morgan Stanley maintains an Overweight rating on AXP with a price target of $185, Piper Sandler maintains an Underweight rating with a price target of $150, and RBC Capital upgraded its action to Outperform with a price target of $200.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:31 pm

ETRN

Pickering Energy Partners analyst Leif Lundaas has initiated coverage on Equitrans Midstream (NYSE:ETRN) with an Underperform rating.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:30 pm