Streetbeat News

Analyst Ratings

KEY

Despite KeyCorp's Q2 2023 earnings miss, Goldman Sachs and Citigroup analysts have raised their price targets for the company. KeyCorp reported revenues of $1.595 billion, down 11% YoY, missing estimates of $1.63 billion. EPS of $0.27 also fell short of the $0.31 Street view. Goldman Sachs raised the price target to $13 from $11.5, while Citigroup increased it to $15 from $14. Argus Research, however, reduced the price target to $14 from $17, while maintaining a Buy rating.

Portfolio Pulse from Lekha Gupta

July 24, 2023 | 6:53 pm

VTLE

Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Vital Energy (NYSE:VTLE) and raised the price target from $112 to $119.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 6:50 pm

LRCX

Shares of Lam Research Corporation (NASDAQ:LRCX) traded higher after Stifel analyst Brian Chin upgraded the company's rating from 'Hold' to 'Buy' and raised the price target from $505 to $725. The upgrade is based on the anticipated expansion of high bandwidth memory (HBM) capacity by Samsung in Q3, which is expected to benefit Lam Research due to its strong position in DRAM.

Portfolio Pulse from Priya Nigam

July 24, 2023 | 6:50 pm

SIMO

Craig-Hallum analyst Anthony Stoss maintains a 'Buy' rating on Silicon Motion Technology (NASDAQ:SIMO) but has lowered the price target from $120 to $106.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 6:47 pm

BKNG

A significant number of investors have taken a bearish stance on Booking Holdings (NASDAQ:BKNG), with 71% of detected trades showing bearish expectations. The whales have been targeting a price range from $1800.0 to $3800.0 for Booking Holdings over the last 3 months. The current price of BKNG is down -1.75% at $2871.96. Analysts from Wedbush, Morgan Stanley, JMP Securities, and Barclays have given varied price targets for the stock.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 6:45 pm

SQ

Jefferies analyst Trevor Williams maintains a Buy rating on Block (NYSE:SQ) and raises the price target from $80 to $90.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 6:44 pm

BKR

B of A Securities analyst Chase Mulvehill has maintained a 'Buy' rating on Baker Hughes (NASDAQ:BKR) and raised the price target from $38 to $40.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 6:42 pm

HBAN

Huntington Bancshares Inc. (NASDAQ:HBAN) reported Q2 2023 earnings with revenues of $1.84 billion and EPS of $0.35, beating consensus. However, the company reduced its 2023 guidance for net interest income and noninterest income. Analysts from Raymond James, Stephens & Co., and RBC Capital Markets have given mixed reactions, with price target adjustments and rating changes.

Portfolio Pulse from Lekha Gupta

July 24, 2023 | 6:40 pm

PTC

RBC Capital analyst Matthew Hedberg maintains an 'Outperform' rating on PTC (NASDAQ:PTC) and raises the price target from $158 to $165.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 6:38 pm

BANF

DA Davidson analyst Gary Tenner maintains a Neutral rating on BancFirst (NASDAQ:BANF) and raises the price target from $84 to $91.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 6:37 pm