Streetbeat News

Analyst Ratings

JWN

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Nordstrom Inc (NYSE:JWN) with a price target of $21. The 2023 Anniversary Sale, running for 21 days, is expected to negatively impact Q2 sales but boost Q3 sales by approximately 200 basis points. New brands have been added to the sale, and despite consumer pressure, the company's customer-focused changes are expected to drive traffic and topline.

Portfolio Pulse from Shivani Kumaresan

July 05, 2023 | 6:11 pm

RYI

BMO Capital Markets analyst Katja Jancic has downgraded Ryerson Holding Corp (NYSE:RYI) from Outperform to Market Perform with a price target of $45. The downgrade is due to a more balanced risk/reward for RYI shares and limited near-term growth catalysts. The analyst expects RYI to use FCF to reduce its debt levels and sees a weak H2 FY23 outlook. However, the analyst applauds RYI's financial and operational improvement since its IPO in 2014.

Portfolio Pulse from Lekha Gupta

July 05, 2023 | 6:07 pm

ASGN

Over the past 3 months, 8 analysts have published their opinion on ASGN (NYSE:ASGN) stock. The analysts have an average price target of $83.38 versus the current price of ASGN at $75.75, implying an upside. However, this current average has decreased by 9.69% from the previous average price target of $92.33.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:01 pm

LEN

Over the past 3 months, 8 analysts have published their opinion on Lennar (NYSE:LEN) stock. The company has an average price target of $131.12, an increase of 6.17% from the previous average price target of $123.50. The ratings range from bullish to bearish, with the majority being somewhat bullish.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:00 pm

DD

Analysts have provided various ratings for DuPont de Nemours (NYSE:DD) within the last quarter, with 2 bullish, 4 somewhat bullish, and 5 indifferent. The average price target is $76.82, implying an upside from the current price of $70.16. This represents a 7.78% decrease from the previous average price target of $83.30.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:00 pm

MSFT

In the last quarter, 49 analysts have provided ratings for Microsoft (NASDAQ:MSFT), with a majority being bullish. The company has an average 12-month price target of $341.59, up by 9.24% from the previous average price target of $312.71.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:00 pm

MSCI

In the last quarter, MSCI (NYSE:MSCI) received 7 somewhat bullish, 2 indifferent, and 1 somewhat bearish analyst ratings. The average 12-month price target for MSCI, according to 10 analysts, is $557.7, a decrease of 2.91% from the previous average of $574.43.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:00 pm

DHI

Analysts have provided various ratings for D.R. Horton (NYSE:DHI) in the last quarter, with a total of 5 bullish, 3 somewhat bullish, 3 indifferent, and 1 somewhat bearish. The company has an average 12-month price target of $125.17, which is a 13.7% increase from the previous average price target of $110.09.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:00 pm

SPXC

UBS has downgraded SPX Technologies from Buy to Neutral, but increased its price target from $80 to $90. This has led to a decrease in the trading price of SPX Technologies shares.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 5:43 pm

BLK

BlackRock's (NYSE:BLK) short percent of float has fallen 3.4% since its last report, with 2.10 million shares sold short, which is 1.42% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, BlackRock has less short interest as a percentage of float, with an average of 3.13%.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 5:31 pm