Streetbeat News

Analyst Ratings

TKO

MoffettNathanson analyst Robert Fishman has initiated coverage on TKO Group Holdings (NYSE:TKO) with a Neutral rating and set a price target of $95.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:21 pm

AIR

William Blair analyst Louie DiPalma initiated coverage on AAR Corp (NYSE:AIR) with an Outperform rating, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:19 pm

WRK

Seaport Global analyst Mark Weintraub has downgraded WestRock (NYSE:WRK) from Buy to Neutral, indicating a change in the firm's outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:16 pm

PKG

Seaport Global analyst Mark Weintraub has downgraded Packaging Corp of America (NYSE:PKG) from Buy to Neutral, indicating a change in the firm's outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:14 pm

SMR

Canaccord Genuity analyst George Gianarikas has initiated coverage on NuScale Power (NYSE:SMR) with a Buy rating and set a price target of $4.25.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:13 pm

AAPL

MSFT

NVDA

Institutional investors predict Microsoft Corp. (MSFT) will surpass Apple Inc. (AAPL) in market value over the next five years. Microsoft's market cap has already exceeded $3 trillion in 2024, briefly making it the world's most valuable company. The company's shares rose by 57% in 2023, attributed to its leadership in generative AI. Meanwhile, Apple's growth may be hindered by its dependence on the iPhone and less clear AI strategy. Nvidia Corp. (NVDA) is also mentioned as a potential competitor in the race for market value.

Portfolio Pulse from Benzinga Neuro

January 29, 2024 | 1:10 pm

SSB

DA Davidson analyst Gary Tenner has initiated coverage on SouthState (NYSE:SSB) with a Buy rating and set a price target of $102.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:08 pm

TFII

Deutsche Bank analyst Ben Mohr has initiated coverage on TFI International (NYSE:TFII) with a Buy rating and set a price target of $175.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:05 pm

H

Hyatt Hotels (NYSE:H) received mixed analyst ratings in the latest quarter, with 5 analysts offering views that ranged from indifferent to somewhat bullish. The average 12-month price target for Hyatt Hotels has increased by 9.44% to $131.6, with a high estimate of $138.00 and a low of $127.00. Analysts from Barclays, Redburn Atlantic, Jefferies, Wells Fargo, and Morgan Stanley have adjusted their ratings and price targets, reflecting their latest outlook on the company. Hyatt operates a mix of owned and managed properties across various brands, with a regional exposure of 55% in the Americas, 19% in Asia-Pacific, and 26% in the rest of the world. The company's financial performance shows a revenue growth rate of 5.26% as of September 30, 2023, but it trails behind industry peers and has below-average net margin, ROE, and ROA, although it has a healthier debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:01 pm

BLDR

Builders FirstSource (NYSE:BLDR) has been rated by 10 analysts in the last three months, with an average 12-month price target of $170.7, up from $165.71. Ratings range from 'Outperform' to 'Neutral', with price targets varying from $143.00 to $220.00. The company's financial performance shows a negative revenue trend with a -21.3% growth, a net margin of 9.96%, ROE of 10.12%, and an impressive ROA of 4.21%. Its debt-to-equity ratio is 0.85, below industry average.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:01 pm