Streetbeat News

Analyst Ratings

TMUS

Analysts from Raymond James and Citi have maintained their buy ratings on T-Mobile US (NASDAQ:TMUS) but adjusted their price targets due to changes in the company's shareholder return plans. T-Mobile's $60 billion total shareholder return will come later than expected, in early 2026 instead of by year-end 2025. The company plans to return $19 billion between 4Q23 and year-end 2024, which is less than previously modeled. The return will now include a nearly 2% dividend yield.

Portfolio Pulse from Anusuya Lahiri

September 08, 2023 | 6:06 pm

WSM

Williams-Sonoma (NYSE:WSM) has received mixed analyst ratings in the last quarter, with 5 somewhat bullish, 6 indifferent, 4 somewhat bearish, and 1 bearish. The average 12-month price target for the company, according to 16 analysts, is $139.81, an increase of 11.91% over the past month.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 6:00 pm

FDX

In the last quarter, FedEx (NYSE:FDX) received 3 bullish, 5 somewhat bullish, and 3 indifferent ratings from 11 analysts. The average 12-month price target for the company is $257.82, with a high of $290.00 and a low of $186.00. The average price target has increased by 6.54% over the past month.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 6:00 pm

ALC

Over the past 3 months, 6 analysts have published their opinion on Alcon (NYSE:ALC) stock, with an average price target of $93.38, implying an upside from the current price of $82.45. The average price target has increased by 7.63% over the past month. The analysts are generally bullish on the stock.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 6:00 pm

STLD

Steel Dynamics (NASDAQ:STLD) has received three indifferent and two somewhat bearish analyst ratings in the last quarter. The average price target is $97.4, which is lower than the current price of $103.04, implying a downside. The average price target has increased by 2.88% over the past month.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 6:00 pm

TSCO

Tractor Supply (NASDAQ:TSCO) has received a mix of bullish and indifferent ratings from 14 analysts over the last quarter. The average price target is $248.07, representing an upside from the current price of $217.24. However, this target is a 4.52% decrease from the previous average price target of $259.82.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 6:00 pm

EQIX

In the last quarter, Equinix (NASDAQ:EQIX) received 4 bullish, 1 somewhat bullish, and 4 indifferent ratings from analysts. The company's average 12-month price target is $822.22, which has increased by 3.21% over the past month.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 6:00 pm

MTD

Mettler-Toledo Intl Inc. (NYSE:MTD) is currently trading at $1136.47, after a 2.20% decrease. Over the past month, the stock fell by 8.33%, and in the past year, by 13.54%. The company's P/E ratio is 29.26, lower than the aggregate P/E ratio of 67.15 in the Life Sciences Tools & Services industry. This could indicate that the stock is undervalued or that it might perform worse than its industry peers.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 6:00 pm

SNOW

Snowflake Inc. (NYSE:SNOW) shares are trading higher after DA Davidson initiated coverage on the stock with a Buy rating and a $200 price target. The firm describes Snowflake as the best-in-class cloud data warehouse provider and believes it is well-positioned to capitalize on the AI trend. Needham analyst Mike Cikos also reiterated a Buy rating for Snowflake with a $216 price target.

Portfolio Pulse from Erica Kollmann

September 08, 2023 | 5:59 pm

RGTI

Ray Blanco's Technology Profits Confidential has issued a new recommendation to buy Rigetti Computing Inc. stock up to $2.50 per share.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 5:46 pm