Streetbeat News

Analyst Ratings

COF

Stephens & Co. analyst Vincent Caintic has reiterated an 'Underweight' rating on Capital One Financial (COF) and maintained a price target of $80.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 12:32 pm

AXP

Stephens & Co. analyst Vincent Caintic has reiterated an Underweight rating on American Express (NYSE:AXP) and maintained a price target of $146.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 12:31 pm

RUN

Sunrun Inc's (NYSE:RUN) shares are trading higher after Morgan Stanley raised its price target from $30 to $39. This comes after Barclays lowered its price target from $31 to $27. Sunrun shares have risen over 16% in the last month, with a 12% rally on Monday. The company is set to report Q2 financial results on Aug. 2, with an expected loss of 23 cents per share on quarterly revenue of $628.65 million. Despite the recent rally, Sunrun shares are still down approximately 9% year-to-date.

Portfolio Pulse from Adam Eckert

July 18, 2023 | 12:31 pm

AAPL

BRK-A

BRK-B

NVDA

TSM

Taiwan Semiconductor Manufacturing Company Ltd (TSM) shares are trading lower amid reports of a likely 27% decline in Q2 net profit due to global economic woes affecting semiconductor demand. However, analysts predict an improvement in the current quarter. TSMC, a primary supplier for Apple Inc (AAPL) and Nvidia Corp (NVDA), is expected to report a net profit of $5.58 billion for the April-June period. In May, Berkshire Hathaway Inc (BRK-A, BRK-B) reduced its stake in TSMC due to concerns over US-China tensions.

Portfolio Pulse from Anusuya Lahiri

July 18, 2023 | 12:30 pm

OXY

Stephens & Co. analyst Mike Scialla maintains an Overweight rating on Occidental Petroleum (NYSE:OXY) but lowers the price target from $72 to $69.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 12:30 pm

CMG

TD Cowen analyst Andrew Charles has reiterated an 'Outperform' rating on Chipotle Mexican Grill (NYSE:CMG) and maintained a price target of $2350.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:30 pm

IFF

Wells Fargo analyst Michael Sison has maintained an Overweight rating on Intl Flavors & Fragrances (IFF) but lowered the price target from $110 to $93.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:29 pm

ESTC

Wedbush analyst Taz Koujalgi has reiterated a Neutral rating on Elastic (NYSE:ESTC) and maintained a $67 price target.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 12:28 pm

DD

Wells Fargo analyst Michael Sison has maintained an 'Overweight' rating on DuPont de Nemours (NYSE:DD) and raised the price target from $75 to $80.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:28 pm

ARGX

Wedbush analyst David Nierengarten has reiterated his 'Outperform' rating on argenx (NASDAQ:ARGX), maintaining a price target of $570.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 12:27 pm