Streetbeat News

Analyst Ratings

RNST

Truist Securities analyst Brandon King maintains a 'Hold' rating on Renasant (NASDAQ:RNST) and raises the price target from $29 to $34.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:29 pm

TFX

Stephens analyst George Sellers has reiterated an Overweight rating on Teleflex Incorporated (NYSE:TFX), raising the price target to $315 from $305. The analyst praised Teleflex's strong market position in the interventional urology specialty and expects the company to successfully grab a share in the rectal spacer market. Teleflex's recent acquisition of Palette Life Sciences for $600 million is expected to bolster its growth profile. However, TFX shares are currently trading lower by 2.25%.

Portfolio Pulse from Nabaparna Bhattacharya

July 27, 2023 | 7:29 pm

TEL

Truist Securities analyst William Stein maintains a 'Hold' rating on TE Connectivity (NYSE:TEL) and raises the price target from $127 to $147.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:28 pm

SHOO

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Steven Madden Ltd (NASDAQ:SHOO) with a price target of $39. The company is expected to report Q2 2023 results on August 2, 2023. The analyst expects a Q2 EPS of $0.48, down from $0.63 last year, and total sales to decrease 12.5% Y/Y to $468 million. Despite volatile macro conditions, the analyst believes SHOO's wholesale channel trends can improve through the year.

Portfolio Pulse from Shivani Kumaresan

July 27, 2023 | 7:27 pm

EBAY

B of A Securities analyst Justin Post maintains a Neutral rating on eBay (NASDAQ:EBAY) and lowers the price target from $54 to $52.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:26 pm

WU

Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintains a 'Market Perform' rating on Western Union (NYSE:WU) and raises the price target from $12 to $14.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:23 pm

UMBF

Keefe, Bruyette & Woods analyst Christopher Mcgratty maintains a 'Market Perform' rating on UMB Financial (NASDAQ:UMBF) and raises the price target from $72 to $75.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:22 pm

TRMK

Keefe, Bruyette & Woods analyst Catherine Mealor maintains a 'Market Perform' rating on Trustmark (NASDAQ:TRMK) and raises the price target from $26 to $28.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:20 pm

SEIC

Keefe, Bruyette & Woods analyst Robert Lee maintains a 'Market Perform' rating on SEI Inv (NASDAQ:SEIC) and raises the price target from $66 to $68.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:19 pm

FTNT

Unusual options activity has been observed for Fortinet (NASDAQ:FTNT), with a large position indicating a bullish stance. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The price target for Fortinet over the last 3 months, based on volume and open interest, ranges from $70.0 to $80.0. Several financial institutions, including Goldman Sachs, Rosenblatt, Baird, Morgan Stanley, and Barclays, have maintained their positive ratings on Fortinet.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 7:17 pm