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Analyst Ratings

TPH

Tri Pointe Homes, Inc. (NYSE:TPH) reported higher than expected earnings and sales for its fourth quarter, with earnings of $1.36 per share against estimates of $1.18 and sales of $1.24 billion versus $1.19 billion expected. The company saw a 143% increase in net new home orders for the quarter and a 40% increase for the year, ending with 155 active selling communities. Analysts from Wedbush and RBC Capital raised their price targets on TPH following these results.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 7:05 pm

RAPT

RAPT Therapeutics Inc (NASDAQ:RAPT) experienced a significant stock price drop from $25.97 to $6.87 after the FDA placed a clinical hold on its Phase 2b and 2a trials for zelnecirnon in atopic dermatitis and asthma, respectively. Despite this, shares rebounded 27.9% to $8.79 amid high trading volume. Analysts from HC Wainwright, Leerink Partners, Cantor Fitzgerald, and JP Morgan downgraded the stock, citing uncertainties and potential delays in clinical development.

Portfolio Pulse from Vandana Singh

February 21, 2024 | 7:04 pm

VZIO

WMT

Telsey Advisory Group analyst Joseph Feldman upgraded Walmart Inc. (WMT) to an Outperform rating with a target price of $205, up from $185, citing Walmart's expanded vision beyond retail into advertising, merchant services, and last-mile delivery. Walmart's Q4 FY24 net sales grew by 5.7% to $173.39 billion, surpassing expectations. Adjusted EPS was $1.80, beating the consensus of $1.65. The company's international division saw a 17.6% sales increase, with significant growth in Flipkart and China. Walmart also agreed to acquire VIZIO Holding Corp. (VZIO) for $2.3 billion, a move expected to bolster its advertising growth but be dilutive to 2024 earnings. Feldman maintains a 2024 EPS estimate of $7.13 with a projected total sales growth of 4% to $674 billion.

Portfolio Pulse from Nabaparna Bhattacharya

February 21, 2024 | 7:01 pm

VC

Visteon (NASDAQ:VC), an automotive supplier, has received mixed analyst ratings over the last three months, with a recent shift towards a somewhat bearish outlook. The average 12-month price target for VC is $142.67, marking a slight increase from the previous target. Despite a -1.17% decline in revenue growth and a market capitalization below industry benchmarks, Visteon showcases strong profitability with a net margin of 6.51%, an ROE of 9.24%, and an ROA of 2.82%. The company's debt-to-equity ratio is also below industry norms, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 7:00 pm

INST

Instructure Holdings (NYSE:INST) has received mixed analyst ratings over the past quarter, with a recent consensus showing 3 bullish and 1 somewhat bullish ratings. The 12-month price target averages at $30.00, with a high of $32.00 and a low of $28.00. Analyst actions include adjustments to ratings and price targets by Keybanc, Citigroup, Needham, and Jefferies, reflecting dynamic market conditions and company performance. Instructure Holdings, an education technology company, has shown a revenue growth rate of 10.2% as of September 30, 2023, but faces challenges in ROE and net margin compared to industry averages.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 7:00 pm

TGT

Recent analyst reviews of Target (NYSE:TGT) show a mix of bullish and bearish perspectives, with an updated average 12-month price target of $161.6, reflecting a 10.68% increase from the previous target of $146. Analyst actions include rating adjustments and price target changes, indicating a positive outlook on Target's performance despite a revenue decline of -4.22% over the past 3 months. Target's financial indicators such as net margin, ROE, and ROA outperform industry averages, suggesting strong profitability and financial health.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 7:00 pm

INTU

Analyst ratings for Intuit (NASDAQ:INTU) show a mix of bullish to bearish sentiments, with a notable shift towards more positive evaluations in the last quarter. The average 12-month price target for INTU has been raised to $633.64, indicating an 11.41% increase from the previous target. Recent analyst actions, including several upgrades to price targets and ratings, reflect a positive outlook on Intuit's performance. Despite challenges in net margin and ROE, Intuit's strong revenue growth and low debt-to-equity ratio highlight its market strength and potential for continued growth.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 7:00 pm

TOL

Wedbush analyst Jay McCanless reiterates a Neutral rating on Toll Brothers (TOL) and maintains an $87 price target.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 6:54 pm

VTYX

Oppenheimer analyst Jeff Jones has reiterated a Perform rating on Ventyx Biosciences (NASDAQ:VTYX), indicating a neutral outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 6:50 pm

PYPL

SQ

Block Inc (NYSE:SQ) is anticipated to report Q4 earnings with expected revenue of $5.70 billion and EPS of 59 cents, surpassing last year's figures. Analysts have upgraded ratings and price targets, citing potential profitability improvements and the Rule of 40 as key factors. The report follows PayPal's (NASDAQ:PYPL) results, with Block's layoffs and Cash App's regulatory scrutiny also in focus.

Portfolio Pulse from Chris Katje

February 21, 2024 | 6:48 pm