Streetbeat News

Analyst Ratings

TSCO

Guggenheim analyst Steven Forbes has maintained a 'Buy' rating on Tractor Supply (NASDAQ:TSCO) but lowered the price target from $265 to $245.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 4:25 pm

WAL

JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Western Alliance (NYSE:WAL) and raises the price target from $46 to $53.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:25 pm

GIS

JP Morgan analyst Ken Goldman maintains a Neutral rating on General Mills (NYSE:GIS) and lowers the price target from $81 to $75.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 4:22 pm

NXST

Guggenheim analyst Curry Baker maintains a 'Buy' rating on Nexstar Media Gr (NASDAQ:NXST) and raises the price target from $216 to $220.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:21 pm

KEY

JP Morgan analyst Steven Alexopoulos maintains an Underweight rating on KeyCorp (NYSE:KEY) and lowers the price target from $11 to $10.5.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 4:20 pm

FHN

JP Morgan analyst Steven Alexopoulos maintains a Neutral rating on First Horizon (NYSE:FHN) and raises the price target from $13 to $13.5.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:20 pm

CNXC

Barrington Research analyst Vincent Colicchio has maintained an Outperform rating on Concentrix (NASDAQ:CNXC) but lowered the price target from $165 to $98.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 4:19 pm

AMZN

AVGO

AXP

MRVL

PDD

QQQ

SPY

TSLA

Investors are anticipating the release of the Federal Reserve's preferred measure of inflation, the personal consumption expenditure (PCE) price index for May. The market expects PCE inflation to decline from 4.4% YoY in April to 3.8% in May. Investors have increased their bets on a 25-basis-point hike by the Fed in July, with an 87% probability. If PCE inflation is higher than expected, the dollar could strengthen and investors might bet on a second rate hike in September. This could cause weakness in risky assets and rate-vulnerable markets, such as equities and real estate.

Portfolio Pulse from Piero Cingari

June 29, 2023 | 4:18 pm

UNF

JP Morgan analyst Andrew Steinerman maintains an Underweight rating on UniFirst (NYSE:UNF) and lowers the price target from $155 to $150.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 4:18 pm

FHB

JP Morgan analyst Steven Alexopoulos maintains a Neutral rating on First Hawaiian (NASDAQ:FHB) and raises the price target from $20 to $22.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:18 pm