Streetbeat News

Analyst Ratings

OLN

RBC Capital analyst Arun Viswanathan has maintained an Outperform rating on Olin Corporation (NYSE:OLN) and increased the price target from $58 to $64, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 5:37 pm

BLDR

Builders FirstSource (BLDR) shares have risen following an upgrade from Neutral to Buy by B of A Securities.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 5:36 pm

NSC

RBC Capital analyst Walter Spracklin has maintained a 'Sector Perform' rating on Norfolk Southern (NYSE:NSC) but has reduced the price target from $215 to $207.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 5:35 pm

LHX

RBC Capital analyst Ken Herbert has maintained an Outperform rating on L3Harris Technologies (NYSE:LHX) and increased the price target from $235 to $245.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 5:33 pm

GOOG

GOOGL

KeyBanc Capital Markets analyst Justin Patterson maintained an Overweight rating on Alphabet Inc. (GOOGL, GOOG) and increased the price target from $153 to $165, indicating an 8.42% upside potential. Patterson expects Alphabet to report solid Q4 revenue, with Google Search and YouTube offsetting a potential Cloud revenue miss. However, he anticipates an earnings miss due to a $700 million Google Pay settlement and higher NFL Sunday Ticket expenses. KeyBanc raised its revenue estimates slightly but lowered its earnings per share estimates for Q4 and 2023. Shares of Alphabet were mixed in recent trading.

Portfolio Pulse from Shanthi Rexaline

January 29, 2024 | 5:32 pm

WY

RBC Capital analyst Matthew McKellar has reiterated an Outperform rating on Weyerhaeuser (NYSE:WY) and maintained a price target of $39.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 5:30 pm

AMD

INTC

Susquehanna analyst Christopher Rolland reiterated a Positive rating on AMD and increased the price target from $170 to $210, focusing on the M1300 chip guidance. Despite potential short-term guidance disappointments, Rolland is optimistic about AMD's M1300 and MI300 chips, expecting in-line results and a slight first-quarter guidance miss. He also commented on Intel's server growth and the PC market, suggesting a positive outlook for AMD CPUs. AMD shares saw a minor decline in recent trading.

Portfolio Pulse from Anusuya Lahiri

January 29, 2024 | 5:29 pm

FFBC

RBC Capital analyst Jon Arfstrom has reiterated a 'Sector Perform' rating on First Financial Bancorp (NASDAQ: FFBC) and maintained a price target of $24.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 5:23 pm

FHI

RBC Capital analyst Kenneth Lee has maintained a 'Sector Perform' rating on Federated Hermes (NYSE:FHI) and increased the price target from $36 to $37.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 5:20 pm

BKU

RBC Capital analyst Jon Arfstrom has reiterated a 'Sector Perform' rating on BankUnited (NYSE:BKU) and maintained a price target of $33.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 5:18 pm