Streetbeat News

Analyst Ratings

CHS

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Chico's FAS, Inc. (NYSE:CHS) with a price target of $6. The company is moving away from enclosed malls and focusing on lifestyle centers and open-air malls. The analyst estimates EPS of $0.29, total sales growth of 1% Y/Y to $546 million, and gross margin expansion to 41.8%.

Portfolio Pulse from Nabaparna Bhattacharya

May 31, 2023 | 6:20 pm

AAPL

META

Apple is expected to unveil its mixed reality headset, Reality Pro, at the upcoming WWDC event. The device is priced around $3k and runs on a new operating system called xrOS. Analyst Daniel Ives maintains an Outperform rating on Apple with a price target of $205.

Portfolio Pulse from Anusuya Lahiri

May 31, 2023 | 6:18 pm

T

A large bearish position on AT&T (NYSE:T) has been observed, with 70% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $13.0 to $20.0 for AT&T over the last 3 months. RBC Capital downgraded its action to Sector Perform with a price target of $19.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:16 pm

SFIX

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Stitch Fix (NASDAQ:SFIX) with a price target of $5. The analyst anticipates a revenue decline for the fifth consecutive quarter driven by active client declines and macroeconomic challenges. Stitch Fix is also searching for a permanent CEO and faces challenges in onboarding new customers.

Portfolio Pulse from Nabaparna Bhattacharya

May 31, 2023 | 6:16 pm

TEAM

Atlassian shares are trading higher after Wells Fargo raised its price target on the stock from $180 to $200.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 6:15 pm

GIII

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on G-III Apparel Group (NASDAQ:GIII) with a price target of $14. GIII is set to report Q1 earnings on June 6. The analyst expects an EPS of $(0.10) and total sales to decline 18.7% to $560 million. GIII's conservative FY24 outlook is seen as appropriate due to ongoing inflationary pressures and exposure to the North American wholesale channel.

Portfolio Pulse from Shivani Kumaresan

May 31, 2023 | 6:08 pm

BRCC

Needham analyst Matt McGinley initiated coverage on BRC Inc (NYSE:BRCC) with a Hold rating. He expects the company to benefit from distribution gains in ready-to-drink and roast coffee in 2023 but projects a slight decline in the DTC business. The analyst sees wholesale business as the largest segment over time, with revenues more than doubling to over $500 million in the long term.

Portfolio Pulse from Lekha Gupta

May 31, 2023 | 6:05 pm

AGL

In the last 3 months, 6 analysts have offered 12-month price targets for Agilon Health (NYSE: AGL), with an average price target of $31.0, a high of $35.00, and a low of $27.00. The average price target has increased by 11.51% over the past month.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:03 pm

GDS

In the last quarter, GDS Holdings (NASDAQ:GDS) received mixed analyst ratings, with 1 bullish, 1 somewhat bullish, and 2 indifferent. The average 12-month price target is $18.75, down 16.03% from the previous average of $22.33.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:02 pm

HPE

Over the past 3 months, 5 analysts have published their opinions on Hewlett Packard (NYSE:HPE) stock, with an average 12-month price target of $16.0, a 2.44% decrease from the previous average price target of $16.40.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:02 pm