Streetbeat News

Analyst Ratings

TRI

Scotiabank analyst Maher Yaghi has maintained a 'Sector Perform' rating on Thomson Reuters (NYSE:TRI) and increased the price target from $142 to $159.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 7:09 pm

ENS

Oppenheimer analyst Noah Kaye downgraded EnerSys (NYSE:ENS) to Perform from Outperform and removed the $113 price target due to a Q3 FY24 revenue miss and lower than expected Q4 FY24 guidance. The downgrade follows a reported adjusted EPS of $2.56, above estimates, but sales of $861.50 million fell short of the $898.87 million consensus. EnerSys' guidance for Q4 adjusted EPS is also below estimates. The telecom/broadband slowdown impacted multiple segments, with recovery expected in the second half of 2024.

Portfolio Pulse from Lekha Gupta

February 09, 2024 | 7:05 pm

QSR

Scotiabank analyst George Doumet has maintained a 'Sector Outperform' rating on Restaurant Brands International (NYSE:QSR) and increased the price target from $80 to $81.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 7:05 pm

STE

Steris (NYSE:STE) has been analyzed by 4 analysts, showing a shift towards a more bullish outlook with an average 12-month price target of $245.75, marking a 9.22% increase from the previous target. The company, a leader in sterilization services, shows solid revenue growth but lags in profitability and efficiency metrics compared to industry peers. Despite this, its lower debt-to-equity ratio suggests a healthier balance sheet.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 7:01 pm

COP

Analysts have mixed views on ConocoPhillips (NYSE:COP), with recent evaluations showing a shift towards a more cautious stance. The average 12-month price target has been reduced by 4.27% to $134.5. Despite this, ConocoPhillips maintains strong financial indicators, including a high net margin and ROE, but faces challenges in revenue growth. The company's market position remains robust, with significant scale and a prudent approach to debt management.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 7:01 pm

PATK

Patrick Industries (NASDAQ:PATK) has received diverse analyst ratings over the last three months, with a shift towards more bullish perspectives. The average 12-month price target for PATK has increased to $112.2, reflecting a 17.8% rise from the previous target. Analysts from firms like Roth MKM, Keybanc, Truist Securities, and BMO Capital have raised their price targets, indicating a positive outlook on the company's performance. Despite this, Patrick Industries faces challenges with a -22.12% revenue growth decline, below-average net margin, ROE, and ROA, suggesting potential operational and profitability issues.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 7:00 pm

FAF

First American Financial (NYSE:FAF) received mixed analyst ratings, with a recent shift towards a more bullish outlook. The average 12-month price target is $67.00, slightly down from the previous target. The company faces challenges in revenue growth, net margin, ROE, ROA, and debt management, indicating potential difficulties ahead.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 7:00 pm

LITE

Lumentum Holdings' stock is trading higher after Rosenblatt maintained a Buy rating on the company and increased its price target from $60 to $65.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 6:59 pm

LSPD

Scotiabank analyst David Weiss has maintained a Sector Outperform rating on Lightspeed Commerce (NYSE:LSPD) but has lowered the price target from $22 to $20.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 6:58 pm

PATK

Roth MKM analyst David Weiss maintains a Buy rating on Patrick Industries (NASDAQ:PATK) and raises the price target from $101 to $120.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 6:55 pm