Streetbeat News

Analyst Ratings

RMD

UBS analyst Saul Hadassin has maintained a Neutral rating on ResMed (NYSE:RMD) and increased the price target from $175 to $180.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 8:01 pm

YPF

YPF Sociedad Anonima's stock is trading higher following an upgrade from Citigroup, which changed its rating from Neutral to Buy and set a price target of $20.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 8:00 pm

NOW

UBS analyst Karl Keirstead has maintained a Buy rating on ServiceNow (NYSE:NOW) and increased the price target from $865 to $885.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 7:59 pm

BE

Bloom Energy's stock (BE) is trading higher following BTIG's initiation of coverage with a Buy rating and a $21 price target.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 7:58 pm

MTCH

Evercore ISI has indicated that a change in Apple's fee structure could potentially lead to a 5% or more increase in Match Group's adjusted operating income for 2024. This assessment suggests that Match Group (MTCH) could benefit financially from the adjustments made by Apple.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 7:56 pm

DECK

UBS analyst Jay Sole has reaffirmed a Buy rating on Deckers Outdoor (NYSE:DECK) and increased the price target from $865 to $950, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 7:56 pm

APG

UBS analyst Robert Jamieson has initiated coverage on APi Group Corporation (NYSE:APG) with a Buy rating and increased the price target to $40.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 7:53 pm

WRB

W. R. Berkley Corporation (NYSE:WRB) exceeded Q4 earnings expectations with $1.45 per share against estimates of $1.38 and reported sales of $3.22 billion versus $3.21 billion expected. Following the strong earnings report, WRB shares rose 7.4% to $83.46. Analysts from Keefe, Bruyette & Woods, RBC Capital, Wells Fargo, and Truist Securities have raised their price targets for WRB, maintaining positive ratings ranging from Outperform to Buy.

Portfolio Pulse from Avi Kapoor

January 25, 2024 | 7:52 pm

TGI

B of A Securities analyst Ronald Epstein has upgraded Triumph Group (NYSE:TGI) from Underperform to Buy and set a price target of $21. This upgrade could indicate a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 7:49 pm

DD

DuPont de Nemours Inc (NYSE:DD) was downgraded by BMO Capital Markets analyst John P. McNulty from Outperform to Market Perform with a reduced price target of $72 from $80. DuPont's preliminary Q4 net sales were approximately $2.90 billion, slightly below the consensus of $3 billion, and adjusted EPS was between $0.85 and $0.87, in line with the $0.85 estimate. The company expects Q1 net sales of around $2.8 billion, below the $3.04 billion estimate, and adjusted EPS of about $0.63 to $0.65, significantly lower than the $0.88 estimate. McNulty anticipates the first quarter to be the bottom for earnings, with the rest of the year's guidance also below his expectations. He has reduced the 2024 and 2025 EBITDA estimates and cut EPS estimates to $3.33 for 2024 and expects $4.10 in 2025. Wells Fargo also downgraded DuPont to Equal-Weight from Overweight with a price target of $69, down from $85. DuPont's shares dropped by 0.70% to $63.75.

Portfolio Pulse from Lekha Gupta

January 25, 2024 | 7:46 pm