Streetbeat News

Analyst Ratings

MIDD

Citigroup has maintained its Buy rating for Middleby (NASDAQ:MIDD) and increased its price target from $165.00 to $166.00. Middleby's shares are currently trading down 1.02% at $142.49 per share. A move to $166.00 would represent a 16.5% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 5:00 pm

AIG

In the last quarter, American Intl Gr (NYSE:AIG) has received various analyst ratings, with 3 bullish, 4 somewhat bullish, and 5 indifferent. The average 12-month price target for AIG is $67.08, a decrease of 2.64% from the previous average of $68.90. Analysts derive these ratings by predicting a company's future earnings and assessing its risk factors.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 5:00 pm

W

Goldman Sachs has maintained its Neutral rating for Wayfair (NYSE:W) and increased its price target from $35.00 to $55.00. Wayfair's shares are currently trading at $71.82, which is 3.32% higher than the previous day. A move to $55.00 would represent a 23.42% decrease from the current share price.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 5:00 pm

JACK

Morgan Stanley has maintained its Equal-Weight rating for Jack In The Box (NASDAQ:JACK) and raised its price target from $96.00 to $102.00. The shares of Jack In The Box are currently trading down 0.94% over the last 24 hours, at $96.81 per share.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 5:00 pm

GLPG

Galapagos (NASDAQ:GLPG) has received 8 analyst ratings in the last quarter, with 1 somewhat bullish and 7 indifferent. The average 12-month price target for the company is $45.62, an increase of 2.29% from the previous average of $44.60.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 5:00 pm

CARR

Carrier Global Inc.'s stock has increased by 14.09% over the past month and by 46.26% over the past year. The company's P/E ratio of 18.19 is lower than the Building Products industry average of 39.11, which could indicate that the stock is undervalued or that shareholders do not expect future growth. The P/E ratio should be used in conjunction with other financial metrics and qualitative analysis for investment decisions.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 5:00 pm

ATR

Wells Fargo has maintained its Overweight rating for AptarGroup (NYSE:ATR) and increased its price target from $134.00 to $139.00. AptarGroup's shares are currently trading up 0.89% at $119.40 per share. A move to $139.00 would represent a 16.42% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 5:00 pm

RMTI

H.C. Wainwright analyst Raghuram Selvaraju has reiterated a Buy rating on Rockwell Medical, Inc. (NASDAQ:RMTI), raising the price target to $11 from $9. This follows Rockwell Medical's acquisition of a hemodialysis concentrates business from Evoqua Water Technologies. The analyst believes that Rockwell could break even in operating cash flow during 2024 and reach profitability by late 2024. The company's shares are currently trading higher by 24% to $3.96.

Portfolio Pulse from Nabaparna Bhattacharya

July 17, 2023 | 4:57 pm

CHK

Benchmark analyst Subash Chandra has lowered the price target for Chesapeake Energy Corp (NASDAQ:CHK) from $107 to $93, while maintaining a Buy rating. The price target cut reflects weak gas and NGL prices and the EF asset sales. Chandra expects a strong quarter for CHK's gas production, with Haynesville volumes projected to negate the impact of declining Marcellus volumes. The analyst also expects CHK's balance sheet to benefit from the 2nd EF black oil sale proceeds and projects significant hedge gains of over $200 million.

Portfolio Pulse from Lekha Gupta

July 17, 2023 | 4:53 pm

CGEAF

Scotiabank has maintained a 'Sector Perform' rating on Cogeco Communications (OTC:CGEAF) but lowered the price target from C$86 to C$83. The adjustment was made by analyst Maher Yaghi.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 4:49 pm