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Analyst Ratings

BYDDF

TSLA

Wall Street analysts have identified a Chinese electric vehicle (EV) that rivals Tesla's Model 3, at a significantly lower cost. The Seal, produced by China’s EV behemoth BYD Company Ltd., backed by Warren Buffett‘s Berkshire Hathaway, is giving Tesla’s Model 3 a run for its money. Analysts at UBS recently examined the BYD Seal and found that it competes with the Model 3 on many fronts but at a 10-20% lower selling price.

Portfolio Pulse from Benzinga Neuro

September 13, 2023 | 2:46 am

CMCSA

The latest Morning Consult poll shows President Joe Biden leading against potential 2024 presidential election candidates Donald Trump and Florida Gov. Ron DeSantis. Biden's advantage over Trump is 44% to 42%, a one-point gain for Trump from the previous week. Against DeSantis, Biden leads 43% to 38%. Biden's campaign is planning an advertising blitz during the upcoming NFL season, with ads airing on NBC and Peacock, units of Comcast Corporation (NASDAQ:CMCSA).

Portfolio Pulse from Chris Katje

September 12, 2023 | 11:39 pm

CTAS

Cintas Corporation's (NASDAQ:CTAS) shares rose ahead of its fiscal first-quarter results release on Sept. 26. BofA Securities analyst Heather Balsky upgraded the rating for Cintas from Neutral to Buy, raising the price target from $523 to $580. Balsky cited increased optimism around Cintas' sales and margin momentum due to the U.S. economy's 'soft landing'. Cintas is seen as a beneficiary of the ongoing shift to outsourcing, with room for margin expansion.

Portfolio Pulse from Priya Nigam

September 12, 2023 | 11:28 pm

AAPL

Apple Inc (AAPL) unveiled the iPhone 15 at a recent event, with preorders starting on September 15. Wedbush analyst Daniel Ives maintains an Outperform rating on Apple with a price target of $230. Ives expects the iPhone 15 to trigger a 'mini supercycle' despite macroeconomic uncertainties and issues in China. He estimates Apple will sell around 85 million iPhone 15 units initially, which is similar to the iPhone 14 launch. Ives also anticipates a shift towards the Pro and Pro Max models, which could boost average sale prices (ASPs). Apple shares were down 1.71% to $176.30 at market close on Tuesday.

Portfolio Pulse from Chris Katje

September 12, 2023 | 11:12 pm

FOX

FOXA

RUM

Despite facing multiple indictments and federal charges, former President Donald Trump continues to lead the GOP nomination for the 2024 presidential election, according to a new Morning Consult poll. However, his lead has slipped from 45 to 43 points. Other candidates, including Nikki Haley and Vivek Ramaswamy, have seen a slight increase in support. The second Republican primary debate will be aired on Fox Corporation's Fox Business and livestreamed on Rumble Inc.

Portfolio Pulse from Chris Katje

September 12, 2023 | 9:43 pm

GS

LULU

Lululemon Athletica Inc's CEO, Calvin McDonald, outlined the company's growth strategy at the Goldman Sachs Group Inc's 30th Annual Global Retailing Conference. McDonald highlighted the company's three-pillar strategy of product, guest experience, and market expansion. Despite a 30% sales increase last year, McDonald believes the best is yet to come. He also hinted at an upcoming women's line and emphasized the company's effective inventory management. McDonald sees North America as a strong market but is also focusing on international expansion, particularly in China.

Portfolio Pulse from AJ Fabino

September 12, 2023 | 9:11 pm

EDR

Endeavor Gr Hldgs (NYSE:EDR) has received four analyst ratings in the last quarter, with two being bullish, two somewhat bullish, and none being bearish or indifferent. The average 12-month price target for the company is $31.5, representing a 5.49% decrease from the previous average price target of $33.33.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 9:00 pm

TWNK

Over the past 3 months, 4 analysts have published indifferent opinions on Hostess Brands (NASDAQ:TWNK) stock. The average price target is $27.81, which is lower than the current price of $33.51. This average has increased by 6.96% from the previous average price target of $26.00.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 9:00 pm

ESTE

Earthstone Energy (NYSE:ESTE) has received various analyst ratings in the last quarter, with 2 bullish, 3 somewhat bullish, and 4 indifferent. The average 12-month price target for the company has increased by 6.62% from $22.20 to $23.67.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 9:00 pm

AUR

Over the past three months, four analysts have published their opinions on Aurora Innovation (NASDAQ:AUR) stock. The average price target is $4.75, compared to the current price of $3.3, implying an upside. This average has increased by 52.24% from the previous average price target of $3.12.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 9:00 pm