Streetbeat News

Analyst Ratings

LOGI

Loop Capital analyst Ananda Baruah maintains a 'Hold' rating on Logitech International (NASDAQ:LOGI) and raises the price target from $65 to $70.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 7:22 pm

SAIA

YELL

Benchmark analyst Christopher Kuhn reiterated a Buy rating on Saia, Inc (NASDAQ:SAIA), raising the price target to $450 from $330. The analyst sees an opportunity for Saia to improve productivity in 2023 and increase yield as they benefit from issues at Yellow Corporation (NASDAQ:YELL). Saia recently reported Q2 results with revenue of $694.6 million, a 6.8% decrease Y/Y, but exceeded estimates. Saia added five new terminals this year and is on track to open 3 or 4 more.

Portfolio Pulse from Nabaparna Bhattacharya

July 31, 2023 | 7:20 pm

KNSL

Truist Securities analyst Mark Hughes has reiterated a Buy rating on Kinsale Capital Group, Inc. (KNSL) and raised the price target to $450 from $400. Hughes believes that inflation across the industry will be a net positive for KNSL. The company recently reported Q2 results with a 168.7% Y/Y increase in net income. Despite expecting inflation to prolong the challenging market through 2024 and beyond, the CEO believes inflation issues will drive robust and sustained growth in industry premiums.

Portfolio Pulse from Nabaparna Bhattacharya

July 31, 2023 | 7:18 pm

SCCO

Southern Copper Inc.'s stock has increased by 22.55% over the past month and by 85.68% over the past year. Despite this, some investors are concerned that the stock might be overvalued due to its high price-to-earnings (P/E) ratio of 23.67, compared to the Metals & Mining industry average of 16.89.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 7:16 pm

CUBI

DA Davidson analyst Peter Winter maintains a 'Buy' rating on Customers Bancorp (NYSE:CUBI) and raises the price target from $42 to $53.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 7:15 pm

SAM

TD Cowen analyst Vivien Azer maintains a 'Market Perform' rating on Boston Beer Co (NYSE:SAM) and raises the price target from $300 to $350.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 7:15 pm

CRWD

A significant bearish stance has been taken on CrowdStrike Holdings (NASDAQ:CRWD) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. Whales have been targeting a price range from $100.0 to $190.0 for CrowdStrike Holdings over the last 3 months. The price of CRWD is up 4.02% at $161.85. Needham and JMP Securities have downgraded their actions to Buy and Market Outperform respectively, while Morgan Stanley maintains their Overweight rating.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 7:10 pm

TRP

Analysts have given mixed ratings to TC Energy (NYSE:TRP) over the last quarter, with 1 bullish, 3 somewhat bullish, and 2 indifferent ratings. The average price target is $56.33, representing an upside from the current price of $35.66. However, this target is a 10.83% decrease from the previous average price target of $63.17.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 7:06 pm

PFSI

In the last quarter, PennyMac Financial Servs (NYSE:PFSI) received 4 analyst ratings, with 1 being bullish and 3 somewhat bullish. The average price target is $87.75, indicating an upside from the current price of $75.5. This average has increased by 13.47% from the previous average price target of $77.33.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 7:05 pm

ZG

Analysts have provided various ratings for Zillow Gr (NASDAQ:ZG) within the last quarter, with the majority being somewhat bullish. The average 12-month price target for Zillow Gr, according to 10 analysts, is $54.6, which has increased by 4.34% over the past month.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 7:05 pm