Streetbeat News

Analyst Ratings

POOL

Stephens & Co. analyst Trey Grooms has reiterated an Overweight rating on Pool Corporation (NASDAQ:POOL) and maintained a price target of $420.

Portfolio Pulse from richadhand@benzinga.com

July 17, 2023 | 11:48 am

ONON

TD Cowen analyst John Kernan has initiated coverage on On Holding (NYSE:ONON) with an Outperform rating and a price target of $38.

Portfolio Pulse from richadhand@benzinga.com

July 17, 2023 | 11:45 am

ALL

CHMI

FRBK

MHLD

PGR

The article lists five financial stocks that are currently oversold and could potentially increase in value in July. These include The Progressive Corporation (PGR), Cherry Hill Mortgage Investment Corporation (CHMI), Maiden Holdings, Ltd. (MHLD), Republic First Bancorp, Inc. (FRBK), and The Allstate Corporation (ALL). The companies have reported various financial results and have Relative Strength Index (RSI) values below 30, indicating they are oversold.

Portfolio Pulse from Lisa Levin

July 17, 2023 | 11:45 am

BTCUSD

Gary Vaynerchuk, also known as Gary Vee, compared Bitcoin (BTC) with non-fungible token (NFT) projects in 2021, stating that while Bitcoin has limitations, the NFT sector has endless possibilities. He also mentioned that the crypto and NFT markets are currently in an economic correction. If an investor had invested $100 in Bitcoin when Vaynerchuk made his statement, their investment would have grown to $144, a 44% increase in value. Currently, Bitcoin is trading at $30,287.

Portfolio Pulse from Mehab Qureshi

July 17, 2023 | 11:31 am

STT

State Street Corporation (NYSE:STT) reported Q2 revenues of $3.11 billion, up 5% Y/Y, missing the consensus estimate of $3.14 billion. EPS of $2.17 beat the consensus estimate of $2.10. Following the earnings announcement, analysts from Keefe, Bruyette & Woods, B of A Securities, JP Morgan, and UBS cut their price targets on State Street and downgraded the stock.

Portfolio Pulse from Lisa Levin

July 17, 2023 | 11:29 am

TSCO

Raymond James analyst Bobby Griffin maintains a Strong Buy rating on Tractor Supply (NASDAQ:TSCO) but has lowered the price target from $270 to $255.

Portfolio Pulse from richadhand@benzinga.com

July 17, 2023 | 11:21 am

PGR

Raymond James analyst C. Gregory Peters has maintained an 'Outperform' rating on Progressive (NYSE:PGR) but lowered the price target from $145 to $140.

Portfolio Pulse from richadhand@benzinga.com

July 17, 2023 | 11:20 am

DECK

Raymond James analyst Matthew McClintock maintains an Outperform rating on Deckers Outdoor (NYSE:DECK) and raises the price target from $565 to $585.

Portfolio Pulse from richadhand@benzinga.com

July 17, 2023 | 11:19 am

ETSY

Raymond James analyst Rick Paterson has maintained an 'Outperform' rating on Etsy (NASDAQ:ETSY), but lowered the price target from $130 to $115.

Portfolio Pulse from richadhand@benzinga.com

July 17, 2023 | 11:17 am

FIGS

Raymond James analyst Rick Patel has downgraded FIGS (NYSE:FIGS) from Outperform to Market Perform.

Portfolio Pulse from richadhand@benzinga.com

July 17, 2023 | 11:16 am