Streetbeat News

Analyst Ratings

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

GFI

Gold Fields shares are trading lower following a downgrade by BMO Capital from Market Perform to Underperform, with a price target reduction from $14 to $12.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:43 pm

SNDR

Susquehanna analyst Bascome Majors maintains a Neutral rating on Schneider National (SNDR) and raises the price target from $26 to $27.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:40 pm

META

Susquehanna analyst Shyam Patil has maintained a Positive rating on Meta Platforms (NASDAQ:META) and increased the price target from $400 to $550.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:39 pm

FANG

META

PYPL

SNAP

TSM

UBER

On CNBC's 'Halftime Report Final Trades,' experts highlighted their picks ahead of tech earnings. Josh Brown focused on Uber Technologies, anticipating its results. Bryn Talkington recommended Diamondback Energy, noting a recent analyst adjustment. Steve Weiss favored Taiwan Semiconductor Manufacturing, mentioning its expansion plans. Sarat Sethi chose Meta Platforms, highlighting its strong quarterly results and financial moves. The article also provided recent price actions for these companies and others mentioned.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 1:39 pm