Streetbeat News

Analyst Ratings

BBU

Scotiabank analyst Phil Hardie has maintained a Sector Outperform rating on Brookfield Bus Partners (NYSE:BBU) and increased the price target from $26.5 to $28.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 6:14 pm

XOM

BofA Securities analyst Doug Leggate maintains a Buy rating on Exxon Mobil Corp (XOM) with a price target of $140, following its Q4 results. The company's Guyana project is expected to significantly contribute to free cash flow, potentially doubling it by 2027 compared to 2019. Despite a decrease in Q4 adjusted net profit and revenue, the project, along with strategic acquisitions, is anticipated to lower Exxon's post-dividend breakeven to $40 Brent by 2024. This could lead to a reset in dividend growth and share buybacks, positioning Exxon for best-in-class per share growth among peers. Leggate revised EPS estimates upwards for FY24, FY25, and FY26.

Portfolio Pulse from Lekha Gupta

February 05, 2024 | 6:06 pm

AYX

Alteryx (NYSE:AYX) received mixed analyst ratings in the latest quarter with 7 analysts providing insights. The average 12-month price target is $50.36, reflecting a 21.85% increase from the previous target of $41.33. Analyst actions varied, with some maintaining, raising, or lowering their ratings and price targets. Alteryx's financial performance shows a revenue growth of 7.91% but struggles with profitability and debt management, indicating potential challenges ahead.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 6:00 pm

VRNS

JMP Securities analyst Erik Suppiger has reiterated a 'Market Outperform' rating on Varonis Systems (NASDAQ:VRNS) and maintained a price target of $63.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 6:00 pm

DT

JMP Securities analyst Erik Suppiger has reiterated a Market Outperform rating on Dynatrace (NYSE:DT), maintaining a $68 price target.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:58 pm

POST

Mizuho analyst John Baumgartner has maintained a Buy rating on Post Holdings (NYSE:POST) and increased the price target from $110 to $128 as of 4 February 2024.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:58 pm

NJR

Mizuho analyst Gabriel Moreen maintains a Neutral rating on New Jersey Resources (NJR) and lowers the price target from $47 to $45 as of 4 February 2024.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:56 pm

AYX

JMP Securities analyst Patrick Walravens has reiterated a 'Market Outperform' rating on Alteryx (NYSE:AYX) and maintained a $60 price target.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:56 pm

BA

SPR

BofA Securities analyst Ronald J. Epstein maintains a Neutral rating on Boeing Co (NYSE:BA) with a price target of $225, despite the FAA's halt on 737 production. The halt is expected to pressure Boeing's 2025/2026 production and FCF targets but is seen as beneficial in the long term for a stronger production system. The analyst raised FY24 and FY25 EPS estimates but lowered FY26 forecasts due to new quality defects in 737 Max airplanes discovered by Boeing's supplier, Spirit AeroSystems Holdings Inc (NYSE:SPR), potentially delaying deliveries. Boeing's Q4 revenue increased by 10% YOY, with an adjusted loss per share improvement.

Portfolio Pulse from Lekha Gupta

February 05, 2024 | 5:55 pm

CI

Mizuho analyst Ann Hynes maintains a Buy rating on Cigna Group (NYSE:CI) and raises the price target from $360 to $370 as reported on 2 February 2024.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:55 pm