Streetbeat News

Analyst Ratings

TPR

Wells Fargo analyst Ike Boruchow has maintained an Overweight rating on Tapestry (NYSE:TPR) and increased the price target from $50 to $60.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 2:04 pm

RVTY

Raymond James analyst Andrew Cooper has maintained an Outperform rating on Revvity (NYSE:RVTY) and increased the price target from $106 to $127.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 2:01 pm

MRK

Merck & Co (NYSE:MRK) received mixed analyst ratings with an updated average 12-month price target of $133.75, reflecting a 2.88% increase from the previous target. The company's financial performance shows strong profitability and market presence, with a notable revenue growth rate of 6.71% as of September 30, 2023. Analysts' evaluations and adjustments in ratings and price targets indicate a positive outlook on Merck's stock, despite its revenue growth lagging behind industry peers.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 2:00 pm

SKYW

Raymond James analyst Savanthi Syth has maintained an Outperform rating on SkyWest (NASDAQ:SKYW) and raised the price target from $55 to $65.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:57 pm

DECK

Deckers Outdoor Corporation (NYSE:DECK) reported Q3 earnings of $15.11 per share, surpassing estimates of $11.48, with a 44% increase from last year. Revenue reached $1.560 billion, beating estimates of $1.448 billion, a 16% growth from the previous year. The company forecasts full-year 2024 earnings between $26.25 and $26.50 per share, with revenue around $4.15 billion and a gross margin of approximately 54.5%. Following the report, DECK shares rose 2.5% to $772.85. Analysts from Telsey Advisory Group, Wedbush, and Wells Fargo have raised their price targets for DECK.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 1:54 pm

AAPL

Wedbush analyst Daniel Ives has reiterated an Outperform rating on Apple (AAPL) and maintained a $250 price target.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:50 pm

DECK

Wells Fargo analyst Kate Fitzsimons has maintained an Equal-Weight rating on Deckers Outdoor (NYSE:DECK) and increased the price target from $625 to $775.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:48 pm

META

Wedbush analyst Scott Devitt maintains an Outperform rating on Meta Platforms (NASDAQ:META) and raises the price target from $420 to $520.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:46 pm

CHWY

HD

JBLU

SLB

Jim Cramer discussed the stock performance and outlook of several companies on CNBC's 'Mad Money Lightning Round'. He mentioned Chewy, Inc. (CHWY) positively, noting its low price as an opportunity. Barclays and Goldman Sachs analysts have recently adjusted their price targets for CHWY. Cramer was not optimistic about JetBlue Airways (JBLU), citing the airline industry's underperformance. JetBlue reported a Q4 operating loss but beat revenue and EPS estimates. Cramer praised The Home Depot, Inc. (HD) for its significant run, supported by a Piper Sandler upgrade. He also recommended Schlumberger Limited (SLB), highlighting its better-than-expected Q4 earnings. Stock movements for CHWY, JBLU, HD, and SLB on Thursday are also noted.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 1:46 pm

AMZN

Wedbush analyst Scott Devitt maintains an Outperform rating on Amazon.com (AMZN) and raises the price target from $210 to $220.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:43 pm