Streetbeat News

Analyst Ratings

CNTY

Macquarie analyst Chad Beynon has downgraded Century Casinos (NASDAQ:CNTY) from Outperform to Neutral and reduced the price target from $8 to $5.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 8:17 pm

FLL

Macquarie analyst Chad Beynon downgraded Full House Resorts (NASDAQ:FLL) from Outperform to Neutral and reduced the price target from $8 to $6.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 8:16 pm

BALY

Macquarie analyst Jordan Bender has downgraded Ballys (NYSE:BALY) from Outperform to Neutral and reduced the price target from $15 to $12.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 8:14 pm

WYNN

Macquarie has upgraded Wynn Resorts (NASDAQ:WYNN) from Neutral to Outperform and increased the price target from $115 to $122.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 8:11 pm

META

Analysts have provided mixed ratings for Meta Platforms (NASDAQ:META) with 17 reviews in the past three months. The average 12-month price target is $401.35, up 6.79% from the previous target. Analysts' actions include raising and maintaining ratings, with price targets ranging from $350 to $470. Meta's financial performance is strong, with a market cap above industry benchmarks, a revenue growth rate of 23.21%, a net margin of 33.92%, an ROE of 8.37%, an ROA of 5.48%, and a low debt-to-equity ratio of 0.25.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 8:00 pm

ARMK

Goldman Sachs analyst Lizzie Dove initiated coverage on Aramark (NYSE:ARMK) with a Buy rating and a price target of $33. Dove's analysis suggests that Aramark is at an inflection point for pricing growth due to the typical 18-month lag in passing through inflation in food input prices. The company's exposure to Education, Corrections, and Healthcare segments indicates potential upside in fiscal years 2024-2025. Aramark's net new business has significantly increased, and the trend towards outsourcing is expected to continue, which could lead to positive margin flow-through. Dove also notes that a deceleration in the CPI food away from home index could benefit Aramark's F2024 margin outlook. Additionally, expected rate cuts in 2024 could lower interest costs and increase investor appetite for levered stocks like Aramark. The stock is currently trading slightly lower at $28.85.

Portfolio Pulse from Shivani Kumaresan

January 17, 2024 | 7:52 pm

RRR

Macquarie analyst Chad Beynon upgraded Red Rock Resorts (NASDAQ:RRR) from Neutral to Outperform and increased the price target from $51 to $58, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 7:50 pm

NTNX

Nutanix, Inc. (NTNX) shares have risen following positive analyst actions. William Blair upgraded Nutanix from Market Perform to Outperform, indicating a more favorable outlook on the stock. Additionally, Needham reaffirmed its Buy rating and increased its price target for Nutanix from $54 to $62, suggesting higher confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 7:48 pm

NFLX

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Netflix Inc (NASDAQ:NFLX) and raised the price target from $525 to $585. Ehrlich highlighted Netflix's strong free cash flow, global dominance, and successful content strategy as key drivers. The company's crackdown on password sharing and the growth of its ad-supported tier are expected to contribute to its performance. Ehrlich increased her projections for Q4 revenue and operating income, as well as CY24 revenue and operating income, while maintaining her net add forecasts.

Portfolio Pulse from Anusuya Lahiri

January 17, 2024 | 7:43 pm

CSL

Baird analyst Timothy Wojs has maintained an Outperform rating on Carlisle Companies (NYSE:CSL) and increased the price target from $350 to $354.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 7:37 pm