Streetbeat News

Analyst Ratings

CURV

In the last quarter, Torrid Holdings (NYSE:CURV) received 1 bullish, 6 somewhat bullish, and 2 indifferent analyst ratings. The average price target is $4.5, representing an upside from the current price of $2.47. This is a 19.35% decrease from the previous average price target of $5.58.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 6:02 pm

SRE

Over the past 3 months, 5 analysts have published their opinions on Sempra Energy (NYSE:SRE) stock, with an average price target of $164.0, implying an upside from the current price of $149.09. The average price target has increased by 1.71% over the past month.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 6:01 pm

XYL

In the past 3 months, 4 analysts have published their opinions on Xylem (NYSE:XYL) stock, with an average 12-month price target of $128.5, up 5.04% from the previous average of $122.33. The ratings include 1 bullish, 2 somewhat bullish, and 1 indifferent.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 6:01 pm

ON

In the last quarter, ON Semiconductor (NASDAQ:ON) received 8 bullish and 3 indifferent analyst ratings, with an average price target of $97.27, implying an upside from the current price of $89.47. The average price target has increased by 8.89% from the previous average of $89.33.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 6:01 pm

AVY

Analysts have provided bullish ratings for Avery Dennison (NYSE:AVY) in the last quarter, with an average price target of $183.8, representing an upside from the current price of $165.8. The current average is a 3.36% decrease from the previous average price target of $190.20.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 6:00 pm

RENT

Rent The Runway shares dropped following Q1 financial results. Raymond James maintained an Outperform rating but lowered its price target from $8 to $5.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 5:53 pm

CURV

Telsey Advisory Group analyst Dana Telsey downgraded Torrid Holdings Inc. (NYSE:CURV) from Outperform to Market Perform and lowered the price target from $5 to $3. The downgrade is due to disappointing Q1 results, management turnover, and a lack of visibility around consumer health.

Portfolio Pulse from Nabaparna Bhattacharya

June 08, 2023 | 5:50 pm

OXM

Telsey Advisory Group analyst Dana Telsey lowered the price target for Oxford Industries (OXM) to $115 from $125, maintaining a Market Perform rating. The company reported Q1 2023 net sales growth of 19% Y/Y to $420.1 million, but reduced its FY23 sales outlook and Q2 outlook below consensus estimates. Increased competition and softening trends are cited as reasons for the lowered expectations.

Portfolio Pulse from Lekha Gupta

June 08, 2023 | 5:48 pm

GOOG

GOOGL

META

PINS

SNAP

Wells Fargo analyst Ken Gawrelski initiated coverage on Alphabet, Meta, Pinterest, and Snap, giving them Equal Weight ratings with price targets of $117, $276, $23, and $10, respectively. The analyst's focus is on the transition to AI-powered conversational search and potential market shifts in the large cap internet sector.

Portfolio Pulse from AJ Fabino

June 08, 2023 | 5:45 pm

DASH

LYFT

UBER

Wells Fargo has assigned an Overweight rating to Uber Technologies (NYSE:UBER) and Equalweight ratings to Lyft (NASDAQ:LYFT) and Doordash (NYSE:DASH). The bank predicts increasing stabilization in the rideshare/delivery subsector in 2023/24 and is bullish on UBER, setting a price target of $50.

Portfolio Pulse from Piero Cingari

June 08, 2023 | 5:35 pm