Streetbeat News

Analyst Ratings

EWBC

Piper Sandler analyst Matthew Clark has maintained a Neutral rating on East West Bancorp (NASDAQ:EWBC) and increased the price target from $72 to $76.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:03 pm

BBY

Best Buy Co (NYSE:BBY) was analyzed by 10 analysts, showing a consensus towards an 'Indifferent' rating with 9 out of 10 analysts giving such a rating in the last 30 days. The average 12-month price target is $73.8, down from $77.78, with a high estimate of $89.00 and a low of $65.00. Recent analyst actions include both raised and lowered price targets and ratings, reflecting mixed perceptions of Best Buy's current state. Best Buy reported $46.3 billion in fiscal 2023 sales and has seen a revenue decline of -7.85% as of October 31, 2023. The company's financial health is strong with a net margin of 2.7%, ROE of 9.31%, and ROA of 1.63%, and a debt-to-equity ratio of 1.43.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:00 pm

VZ

Verizon Communications (NYSE:VZ) has been the subject of diverse analyst opinions, with 9 analysts offering ratings ranging from bullish to bearish over the last three months. The average 12-month price target is $44.44, with a recent decrease of 1.68%. Analysts have adjusted their ratings and price targets, with some raising their targets and one lowering. Verizon's financials show a revenue decline of -2.64% for the quarter ending September 30, 2023, but strong net margin and ROE figures. The company's market cap is above industry average, indicating investor confidence.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:00 pm

DECK

Deckers Outdoor (NYSE:DECK) has been evaluated by 11 analysts in the past three months, with mixed sentiments. The average 12-month price target for DECK has risen 10.86% to $706.27. Analysts from firms including Piper Sandler, Wells Fargo, and Stifel have raised their price targets, reflecting positive views on the company's performance. Deckers Outdoor, known for brands like UGG and Teva, has shown strong financials with a 24.7% revenue growth rate, a net margin of 16.35%, and an ROE of 9.93%. The company's market capitalization is below the industry average, and it has a conservative debt-to-equity ratio of 0.14.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:00 pm

EQT

Piper Sandler analyst Mark Lear has maintained an Overweight rating on EQT Corporation (NYSE:EQT) but has reduced the price target from $52 to $49.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:00 pm

APA

In the last three months, 13 analysts have published diverse ratings on APA Corp (NASDAQ:APA), with an average 12-month price target of $44.08, down from $50.36. Analysts' actions include lowering and raising price targets and maintaining ratings. APA's financials show a revenue decline of -20.06% over 3 months, a high net margin of 19.89%, an ROE of 51.37%, and an ROA of 3.43%, but a high debt-to-equity ratio of 5.28.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:00 pm

EWBC

East West Bancorp (NASDAQ:EWBC) received mixed ratings from 7 analysts, with an average 12-month price target of $73.71, up from the previous $60.60. Analysts from Wedbush, Truist Securities, Morgan Stanley, Citigroup, and UBS have provided updates, with several raising their price targets. The company, a commercial bank with U.S. and China operations, has seen revenue growth of 2.47% and a high net margin of 45.24%. However, its debt-to-equity ratio of 0.72 indicates higher debt levels.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:00 pm

HUN

Stifel analyst Vincent Anderson has maintained a Buy rating on Huntsman Corporation (NYSE:HUN) but reduced the price target from $30 to $29, as reported on January 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:59 pm

EOG

Piper Sandler analyst Mark Lear has maintained an Overweight rating on EOG Resources (NYSE:EOG) but reduced the price target from $158 to $153.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:58 pm

EFSC

Piper Sandler analyst Andrew Liesch has maintained an Overweight rating on Enterprise Financial Services Corp (NASDAQ: EFSC) but has reduced the price target from $48 to $47.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:57 pm