Streetbeat News

Analyst Ratings

EDU

New Oriental Education (NYSE:EDU) reported Q4 earnings of $0.37 per share, missing the analyst consensus estimate of $0.51 by 27.45%. However, the company's quarterly sales of $860.57 million beat the estimate of $820.07 million by 4.94%. This represents a 139.36% increase in earnings and a 64.22% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:44 am

SNDX

Barclays analyst Peter Lawson maintains an Overweight rating on Syndax Pharmaceuticals (NASDAQ:SNDX) and raises the price target from $31 to $34.

Portfolio Pulse from jenniferd'souza@benzinga.com

July 26, 2023 | 9:44 am

EEFT

Euronet Worldwide's Q2 earnings per share of $2.03 beat the analyst consensus estimate of $2.01 by 1 percent, a 17.34 percent increase from last year. However, its quarterly sales of $939.10 million missed the estimate of $941.91 million by 0.30 percent, though it's an 11.36 percent increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:36 am

JPM

JPMorgan Chase & Co.'s trading desk predicts a likely boost for stocks following the Federal Reserve's announcement of an interest-rate hike and a possible pause at the next meeting. They assign a 65% probability to this scenario, which they believe could push the S&P 500 as much as 0.75% higher. Despite skepticism, equities have recovered their losses since the Fed began raising rates 16 months ago, with the S&P 500 now trading roughly 5% above where it was at the start of the hiking cycle.

Portfolio Pulse from Benzinga Neuro

July 26, 2023 | 9:35 am

VFC

Telsey Advisory Group has reiterated its 'Outperform' rating on VF Corporation (NYSE:VFC) and maintained its price target of $27.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 9:20 am

LVLU

Telsey Advisory Group has downgraded Lulus Fashion Lounge (NASDAQ:LVLU) from Outperform to Market Perform and lowered the price target from $4 to $3.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 9:18 am

ACI

Telsey Advisory Group analyst Joseph Feldman has reiterated a 'Market Perform' rating on Albertsons Companies (NYSE:ACI) and maintained a price target of $27.25.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 9:17 am

BBWI

Telsey Advisory Group has reiterated its 'Outperform' rating on Bath & Body Works (NYSE:BBWI) and maintained its price target of $52.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 9:15 am

IBTX

Piper Sandler analyst Brad Milsaps has downgraded Independent Bank Gr (NASDAQ:IBTX) from Overweight to Neutral, while raising the price target from $40 to $44.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 9:14 am

NOTE

B. Riley Securities analyst Zach Cummings has initiated coverage on FiscalNote Holdings (NYSE:NOTE) with a Buy rating and a price target of $5.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 9:11 am