Streetbeat News

Analyst Ratings

WDC

Western Digital's stock (WDC) is experiencing an uptick after Morgan Stanley highlighted it as a top pick, indicating a positive outlook from the investment bank.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:22 pm

SLB

Susquehanna analyst Charles Minervino has maintained a Positive rating on Schlumberger (NYSE:SLB) and increased the price target from $72 to $77.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:16 pm

CMA

Comerica Incorporated (NYSE:CMA) shares dropped in premarket trading after Raymond James analyst Michael Rose downgraded the stock from Outperform to Market Perform. The downgrade follows Comerica's Q4 earnings report and concerns over its ability to generate positive operating leverage into 2025. Challenges include a neutral interest rate positioning and increasing expenses, particularly as the company approaches $100 billion in assets. Despite this, Comerica's business model and potential in the M&A cycle are seen as positives that could support its valuation.

Portfolio Pulse from Priya Nigam

January 22, 2024 | 5:15 pm

TECK

Benchmark analyst Nathan Martin has reiterated a Buy rating on Teck Resources (NYSE:TECK) and maintained a $50 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:10 pm

AFYA

Afya Limited's stock is trading lower following a downgrade by Morgan Stanley from Overweight to Equal Weight, despite an increase in the price target from $20.5 to $23.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:09 pm

JBHT

Benchmark analyst Christopher Kuhn has reaffirmed a Buy rating on JB Hunt Transport Servs (NASDAQ:JBHT) and increased the price target from $210 to $215.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:05 pm

TTWO

Benchmark analyst Mike Hickey has reaffirmed a Buy rating on Take-Two Interactive (NASDAQ:TTWO) and increased the price target from $164 to $200.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:03 pm

WEC

Analysts have updated their ratings and price targets for WEC Energy Group (NYSE:WEC), with 7 different analysts offering varied perspectives. The average 12-month price target is now $85.86, down from $88.29. Analyst actions include both downgrades and upgrades, with price targets ranging from $78.00 to $95.00. WEC Energy Group operates in the utility sector, serving customers in several states and owning a stake in American Transmission Co. Despite a recent revenue decline, the company has a strong market position, efficient cost management, and healthy financial metrics such as a high net margin and ROE.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 5:01 pm

CMG

Analysts have recently updated their ratings and price targets for Chipotle Mexican Grill (NYSE:CMG), with an average 12-month price target of $2386.31, up 13.24% from the previous target. The ratings range from 'Outperform' to 'Neutral', with several analysts raising their price targets. Chipotle's financials show strong market capitalization, revenue growth, net margin, ROE, and ROA, with a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 5:01 pm

CMA

Over the past three months, 12 analysts have provided diverse ratings for Comerica (NYSE:CMA), ranging from bullish to bearish. The average 12-month price target for CMA is $56.12, with a high of $70.50 and a low of $45.00, reflecting a 14.25% increase from the previous target. Analysts from firms like Keefe, Bruyette & Woods, Raymond James, and Goldman Sachs have adjusted their ratings and price targets, responding to market dynamics and Comerica's performance. Comerica, a Dallas-based financial services company, has a lower market cap compared to industry averages and experienced a revenue decline of -9.04% as of September 30, 2023. However, it boasts a high net margin of 27.23% and an ROE of 4.99%, but a lower ROA of 0.28% and a high debt-to-equity ratio of 2.37.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 5:00 pm