Streetbeat News

Analyst Ratings

NXPI

Goldman Sachs analyst Toshiya Hari maintains a Neutral rating on NXP Semiconductors (NASDAQ:NXPI) and raises the price target from $195 to $216.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 1:11 pm

PKG

Citigroup analyst Anthony Pettinari has maintained a Neutral rating on Packaging Corp of America (NYSE:PKG) and raised the price target from $128 to $148.

Portfolio Pulse from jenniferd'souza@benzinga.com

July 27, 2023 | 1:10 pm

EYE

Goldman Sachs analyst Kate McShane has maintained a 'Buy' rating on National Vision Holdings (NASDAQ:EYE) but lowered the price target from $29 to $25.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 1:10 pm

META

Goldman Sachs analyst Eric Sheridan maintains a Buy rating on Meta Platforms (NASDAQ:META) and raises the price target from $335 to $384.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 1:08 pm

SHOO

Citigroup analyst Steven Madden maintains a Buy rating on Paul Lejuez (NASDAQ:SHOO) but lowers the price target from $42 to $40.

Portfolio Pulse from jenniferd'souza@benzinga.com

July 27, 2023 | 1:08 pm

NXPI

Shares of NXP Semiconductors are trading higher following multiple analysts raising their price targets on the stock.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 1:05 pm

CBWTF

CGC

DBCCF

HEXO

HITI

ROMJF

The Canadian cannabis market has shown steady growth, but underperforms the U.S. market. Only three out of the 17 Canadian companies reviewed showed positive operating cash flow (OCF) in 2022, including Decibel (OTC:DBCCF), High Tide (NASDAQ:HITI) and Rubicon (OTC:ROMJF). Companies with high net debt-to-sales ratios such as Auxly (OTC:CBWTF), Canopy Growth (NASDAQ:CGC), and HEXO Corp. (NASDAQ:HEXO) could face challenges if cash flow trends don't improve.

Portfolio Pulse from Nicolás Jose Rodriguez

July 27, 2023 | 1:05 pm

GTX

Garrett Motion (NASDAQ:GTX) reported Q2 earnings of $0.29 per share, beating the analyst consensus estimate of $0.23 by 26.09%. This is a 93.33% increase from the same period last year. The company also reported quarterly sales of $1.01 billion, beating the analyst consensus estimate of $982.00 million by 2.95%. This is a 17.69% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 1:03 pm

TOWN

Towne Bank (NASDAQ:TOWN) reported Q2 earnings of $0.52 per share, missing the analyst consensus estimate of $0.57 by 8.77%. This is a decrease of 18.75% from the same period last year. However, the company's quarterly sales of $181.57 million beat the analyst consensus estimate of $180.75 million by 0.45%, marking an increase of 8.74% from the same period last year.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 1:02 pm

EBAY

Seven analysts have provided ratings for eBay (NASDAQ:EBAY) in the last quarter, with three somewhat bullish and four indifferent. The average price target is $51.86, compared to eBay's current price of $48.8. This average has decreased by 1.54% from the previous average price target of $52.67.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 1:00 pm