Streetbeat News

Analyst Ratings

CNI

BofA Securities downgraded Canadian National Railway (CNI) from Buy to Neutral, citing rising earnings pressure and network challenges. The price target was reduced from $129 to $122. The company faces labor issues, network disruptions, and declining volumes, impacting its financial outlook.

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2024 | 5:23 pm

OXY

BMO Capital has maintained its Market Perform rating on Occidental Petroleum (NYSE:OXY) but has lowered the price target from $70 to $65.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:23 pm

AGI

Jefferies analyst Matthew Murphy has maintained a Buy rating on Alamos Gold (NYSE:AGI) and increased the price target from $23 to $28.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:22 pm

PEP

RBC Capital analyst Nik Modi maintains a Sector Perform rating on PepsiCo and slightly lowers the price target from $177 to $176.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:21 pm

FNV

Jefferies analyst Chris LaFemina maintains a Hold rating on Franco-Nevada (NYSE:FNV) and raises the price target from $133 to $137.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:20 pm

HES

BMO Capital analyst Phillip Jungwirth maintains an Outperform rating on Hess (NYSE:HES) and raises the price target from $155 to $160.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:19 pm

FWRG

Guggenheim analyst Gregory Francfort maintains a Buy rating on First Watch Restaurant Group (NASDAQ:FWRG) but lowers the price target from $24 to $20.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:18 pm

EQT

BMO Capital analyst Phillip Jungwirth maintains an Outperform rating on EQT and raises the price target from $39 to $40.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:17 pm

NEM

Jefferies analyst Matthew Murphy has maintained a Buy rating on Newmont (NYSE:NEM) and raised the price target from $54 to $63.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 5:17 pm

CB

IAK

KBWP

BofA Securities analyst Joshua Shanker downgraded Chubb Limited (NYSE:CB) to Underperform from Neutral, citing slower growth compared to peers despite a strong stock performance. The analyst raised the price target to $275, noting that Chubb's growth in book value and EPS lags behind peers. Investors can gain exposure to Chubb through iShares U.S. Insurance ETF (NYSE:IAK) and Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP).

Portfolio Pulse from Lekha Gupta

October 04, 2024 | 5:17 pm