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Analyst Ratings

AYI

BB

MKC

MU

NKE

McCormick & Company, BlackBerry Limited, Acuity Brands, Micron Technology, and NIKE are the stocks to watch heading into Thursday. McCormick is expected to report quarterly earnings of 57 cents per share and has named Brendan Foley as CEO. BlackBerry reported better-than-expected fiscal first-quarter results. Acuity Brands is expected to have earned $3.71 per share. Micron Technology reported better-than-expected third-quarter results and expects fourth-quarter revenue to be between $3.7 billion and $4.1 billion. NIKE is expected to post quarterly earnings at 67 cents per share.

Portfolio Pulse from Lisa Levin

June 29, 2023 | 7:41 am

LCID

NKLA

WKHS

Analyst Gary Black has expressed concerns about the future of Lucid Group, Nikola Corp., and Workhorse Group, warning that they could face bankruptcy if they don't make necessary changes. This follows Lordstown's recent Chapter 11 filing. Lucid is struggling to sell its $100,000 EV sedans, while Nikola and Workhorse are facing production and liquidity challenges. Despite these concerns, Lucid's stock saw a 5.25% increase at the end of Wednesday's trading session.

Portfolio Pulse from Shanthi Rexaline

June 29, 2023 | 5:59 am

MU

Micron Technology has announced that it expects 2024 to be a significant year for AI, memory, and storage, as revealed in a conference call.

Portfolio Pulse from Charles Gross

June 28, 2023 | 9:20 pm

PAYC

Over the past 3 months, 8 analysts have published their opinion on Paycom Software (NYSE:PAYC) stock. The company has an average price target of $384.88, a decrease of 0.68% from the previous average price target of $387.50. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 9:01 pm

KMX

In the last quarter, CarMax (NYSE:KMX) received 4 somewhat bullish, 6 indifferent, and 2 somewhat bearish ratings from analysts. The company's average 12-month price target is $67.92, a 10.8% increase from the previous average of $61.30.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 9:01 pm

HP

Over the last quarter, Helmerich & Payne (NYSE:HP) has received 6 somewhat bullish, 2 indifferent, and 1 somewhat bearish analyst ratings. The company's average 12-month price target is $45.78, a decrease of 21.07% from the previous average of $58.00.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 9:00 pm

TRGP

Over the past three months, eight analysts have published their opinions on Targa Resources (NYSE:TRGP) stock. The analysts, typically employed by large Wall Street banks, have an average price target of $97.88 for the stock, compared to its current price of $74.11. The current average price target has increased by 1.21% from the previous average of $96.71.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 9:00 pm

BAM

Over the past three months, six analysts have published their opinions on Brookfield Asset Management (NYSE:BAM) stock. The average price target is $37.83, compared to the current price of $32.05, implying an upside. The average price target has increased by 11.26% over the past month.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 9:00 pm

HL

Hecla Mining (NYSE:HL) has received various analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, and 2 indifferent. Over the past 3 months, 5 analysts have offered 12-month price targets for Hecla Mining, with an average price target of $7.2, a high of $8.25, and a low of $5.75. The average price target has increased by 16.69% over the past month.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 9:00 pm

MDB

MongoDB, Inc. (NASDAQ:MDB) shares traded higher after Tigress Financial raised its price target significantly and several analysts maintained positive ratings. Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from $365 to $490. Other analysts from Capital One, Barclays, Piper Sandler, Needham, Wedbush, RBC Capital, Morgan Stanley, and Truist Securities also issued positive ratings and price targets for MongoDB.

Portfolio Pulse from Ryan Gustafson

June 28, 2023 | 8:58 pm