Streetbeat News

Analyst Ratings

TAL

JP Morgan analyst DS Kim has maintained a Neutral rating on TAL Education (NYSE:TAL) and raised the price target from $5.4 to $7.

Portfolio Pulse from richadhand@benzinga.com

July 21, 2023 | 2:51 pm

SNV

JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Synovus Financial (NYSE:SNV) and raises the price target from $37 to $40.

Portfolio Pulse from richadhand@benzinga.com

July 21, 2023 | 2:49 pm

STLD

JP Morgan analyst Bill Peterson maintains an Underweight rating on Steel Dynamics (NASDAQ:STLD) and raises the price target from $93 to $94.

Portfolio Pulse from richadhand@benzinga.com

July 21, 2023 | 2:48 pm

NEE

Morgan Stanley analyst David Arcaro has maintained an Overweight rating on NextEra Energy (NYSE:NEE) and kept the price target at $93.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 2:48 pm

NIO

JP Morgan analyst Nick Lai has maintained a Neutral rating on NIO (NYSE:NIO) and raised the price target from $8.5 to $9.

Portfolio Pulse from richadhand@benzinga.com

July 21, 2023 | 2:47 pm

TRV

Travelers Companies (NYSE:TRV) reported Q2 sales of $10.10 billion, up from $9.70 billion in Q1. However, earnings decreased 101.44%, resulting in a loss of $14.00 million. The company's Return on Capital Employed (ROCE) was -0.0%, suggesting ineffective capital allocation. Q2 earnings per share were $0.06, missing analyst predictions of $2.08.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:46 pm

SRCE

1st Source (NASDAQ:SRCE) reported Q2 earnings of $32.45 million, a 4.23% increase from Q1, despite a 1.77% decrease in sales to $91.46 million. The company posted a Return on Capital Employed (ROCE) of 0.03%, indicating effective capital allocation. The Q2 earnings per share of $1.3 beat analyst predictions of $1.1.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:46 pm

MCB

Metropolitan Bank Holding (MCB) reported a 29.0% increase in Q2 earnings to $6.06 million, but a 5.96% decrease in sales to $61.61 million. The bank posted a Return on Capital Employed (ROCE) of 0.02%, indicating effective capital allocation. However, Q2 earnings per share of $1.37 did not meet analyst predictions of $1.74.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:46 pm

TFIN

Triumph Financial (NASDAQ:TFIN) reported Q2 earnings of $7.65 million, a 30.52% increase from Q1. However, sales dropped by 1.38% to $102.96 million. The company posted a Return on Capital Employed (ROCE) of 0.01%, indicating effective capital allocation. The Q2 earnings per share were $0.29, missing analyst predictions of $0.41.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:46 pm

LOAN

Manhattan Bridge Capital (NASDAQ:LOAN) reported a 12.86% increase in earnings to $1.42 million and a 0.04% increase in sales to $2.40 million in Q2. The company posted a Return On Capital Employed (ROCE) of 0.03%, indicating effective capital allocation. The Q2 earnings per share were $0.12, beating analyst predictions of $0.11.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:46 pm