Streetbeat News

Analyst Ratings

TPR

Telsey Advisory Group analyst Dana Telsey has reiterated an Outperform rating on Tapestry (NYSE:TPR) and maintained a $49 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 10:38 am

COUR

Telsey Advisory Group analyst Sarang Vora maintains an Outperform rating on Coursera (NYSE:COUR) and raises the price target from $24 to $25.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 10:36 am

RHP

Raymond James analyst William Crow has maintained an Outperform rating on Ryman Hospitality Props (NYSE:RHP) and increased the price target from $115 to $135.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 10:34 am

BR

Raymond James analyst Patrick O'Shaughnessy maintains an Outperform rating on Broadridge Financial Solutions (BR) and raises the price target from $205 to $214.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 10:05 am

ROP

Raymond James analyst Brian Gesuale has maintained a Strong Buy rating on Roper Technologies (NASDAQ:ROP) and increased the price target from $572 to $620.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 10:01 am

XOM

Exxon Mobil Corporation (NYSE:XOM) is set to release its Q4 earnings on Feb. 2, 2024, with analysts predicting a decrease in earnings per share from $3.4 to $2.21 and a drop in revenue from $95.43 billion to $85.23 billion year-over-year. Additionally, Exxon Mobil has initiated legal action to prevent a climate proposal from being voted on at its shareholder meeting. Shares fell 0.4% to $102.39. Analysts have revised their ratings and price targets, with changes including upgrades and downgrades.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 7:10 am

CVX

Chevron Corporation (NYSE:CVX) is anticipated to report lower Q4 earnings with an expected EPS of $3.21, down from $4.09 the previous year, and revenue forecasted at $51.62 billion, a decrease from $56.47 billion. The company is also selling its natural gas business in Canada's Duvernay Shale as part of its global operations streamlining. Analysts have recently adjusted their ratings and price targets for Chevron, reflecting a mixed outlook.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 6:06 am

NTDOY

Analysts are skeptical about the success of Nintendo ADR's (OTC:NTDOY) anticipated Switch 2, comparing it unfavorably to the original Nintendo Switch. Goldman Sachs and Macquarie Group analysts express doubts about the new console surpassing the original's profits or expanding Nintendo's market. Despite concerns, including the choice of an LCD screen over OLED, Nintendo plans to produce 10 million units for a $400 launch in April 2024.

Portfolio Pulse from Franca Quarneti

February 01, 2024 | 11:38 pm

MA

V

Analysts from BMO Capital, Raymond James, Mizuho, and RBC Capital have maintained their positive outlook on Mastercard Inc (NYSE:MA) following its impressive quarterly performance, with raised price targets. Mastercard's Q4 results showed a 13% Y/Y revenue increase and a 20% Y/Y adjusted EPS rise, outperforming Visa Inc (NYSE:V) in several aspects including revenue growth and value-added services. Analysts highlighted Mastercard's strong performance in cross-border fees and value-added services, projecting continued revenue and EPS growth.

Portfolio Pulse from Anusuya Lahiri

February 01, 2024 | 10:15 pm

ACN

IBM

IT

NVDA

QQQ

Marc Chaikin of Chaikin Analytics suggests investing in IT technology stocks like IBM, Accenture, and Gartner as a way to capitalize on the AI boom, highlighting their potential growth due to increased demand for AI consulting services. While these stocks have seen a 30% increase in the past year, they've underperformed compared to the Invesco QQQ Trust and chip companies like NVIDIA, which saw a 200% increase.

Portfolio Pulse from Aaron Bry

February 01, 2024 | 9:16 pm