Streetbeat News

Analyst Ratings

RENT

Wells Fargo analyst Ike Boruchow has maintained an Overweight rating on Rent the Runway (NASDAQ:RENT) but lowered the price target from $8 to $4.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:43 pm

TPR

Wells Fargo analyst Ike Boruchow has maintained an Overweight rating on Tapestry (NYSE:TPR) but lowered the price target from $55 to $40.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:42 pm

HT

LSEA

REFI

SACH

TCI

Benzinga Insights has identified five value stocks in the real estate sector: Hersha Hospitality (HT), Sachem Cap (SACH), Chicago Atlantic Real (REFI), Transcontinental Realty (TCI), and Landsea Homes (LSEA). These companies have been selected based on their low P/E multiples, indicating they may be undervalued. The report also highlights recent changes in earnings per share and dividend yields for each company.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:39 pm

RH

Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on RH (NYSE:RH) and lowered the price target from $355 to $340.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:38 pm

MCW

Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on Mister Car Wash (NYSE:MCW) but lowered the price target from $10 to $7.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:37 pm

FRSH

Morgan Stanley analyst Elizabeth Porter has maintained an Equal-Weight rating on Freshworks (NASDAQ:FRSH) and raised the price target from $22 to $24.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:35 pm

TJX

Wells Fargo analyst Ike Boruchow has maintained an Equal-Weight rating on TJX Companies and raised the price target from $88 to $92.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:31 pm

AMZN

ANF

CCL

CVNA

RCL

SPY

TSLA

XLY

XRT

A Bloomberg survey indicates that over half of the participants expect U.S. personal consumption to drop by early 2024, marking the first quarterly dip post-pandemic. This could impact retail stocks, which have been booming in 2023. The SPDR Retail ETF (XRT), Carvana Co. (CVNA), Abercrombie & Fitch Co. (ANF), and Amazon.com Inc. (AMZN) have all seen positive returns. The Consumer Discretionary Select Sector SPDR Fund (XLY) and the SPDR S&P 500 ETF Trust (SPY) have also surged, as have Tesla Inc. (TSLA), Royal Caribbean Cruise Ltd. (RCL), and Carnival Corp. (CCL). However, concerns over escalating borrowing costs, depleting consumer savings, and rising debt indicators could pose challenges.

Portfolio Pulse from Piero Cingari

September 11, 2023 | 2:30 pm

BF

Bernstein analyst Nadine Sarwat has upgraded Brown Forman Inc Class B Common Stock (NYSE:BF) from Market Perform to Outperform and announced a price target of $76.4.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:29 pm

BROS

Stifel analyst Chris O'Cull maintains a 'Hold' rating on Dutch Bros (NYSE:BROS) and lowers the price target from $36 to $32.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:26 pm