Streetbeat News

Analyst Ratings

PSX

Piper Sandler analyst Ryan Todd maintains an Overweight rating on Phillips 66 (NYSE:PSX) and raises the price target from $165 to $169.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:32 pm

DINO

Piper Sandler analyst Ryan Todd maintains an Overweight rating on HF Sinclair (NYSE:DINO) but lowers the price target from $76 to $67.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:31 pm

DK

Piper Sandler analyst Ryan Todd has maintained a Neutral rating on Delek US Holdings (NYSE:DK) and lowered the price target from $29 to $28.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:30 pm

TBBK

Keefe, Bruyette & Woods analyst Timothy Switzer maintains an Outperform rating on Bancorp (NASDAQ:TBBK) but lowers the price target from $55 to $52.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:27 pm

SKX

B of A Securities analyst Christopher Nardone initiates coverage on Skechers USA (NYSE:SKX) with a Neutral rating and sets a price target of $67.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:25 pm

KNF

Wolfe Research analyst Timna Tanners initiates coverage on Knife River Holding (NYSE:KNF) with a Peer Perform rating, indicating a neutral outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:24 pm

AAL

American Airlines Group Inc (NASDAQ:AAL) experienced a Golden Cross, indicating a bullish trajectory. The stock, which saw minimal movement in 2023 with just under an 8% gain, has already risen by 8.44% in 2024. This movement is significant as American Airlines is one of the top four U.S. airlines. The company's fourth-quarter earnings beat expectations with a 190% EPS surprise and a 0.32% revenue surprise. Analyst ratings and price target upgrades post-earnings have further bolstered market sentiment, with a consensus rating of Buy and targets between $20-$22. The Golden Cross, a technical signal where the 50-day SMA crosses over the 200-day SMA, suggests a potential reversal from a downtrend to a bullish phase, supported by factors like industry recovery post-COVID-19, cost-cutting measures, and positive economic indicators.

Portfolio Pulse from Surbhi Jain

March 08, 2024 | 2:24 pm

VNO

Truist Securities analyst Michael Lewis maintains a Hold rating on Vornado Realty (VNO) and lowers the price target from $30 to $26.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:23 pm