Streetbeat News

Analyst Ratings

BALL

B of A Securities analyst George Staphos downgraded Ball Corporation (NYSE:BALL) from Neutral to Underperform and reduced the price target from $61 to $59.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:12 pm

CC

IFF

TROX

Wall Street's most accurate analysts recommend holding three materials stocks with over 3% dividend yields: The Chemours Company (CC), Tronox Holdings plc (TROX), and International Flavors & Fragrances Inc. (IFF). JP Morgan and Morgan Stanley analysts have adjusted their ratings and price targets for CC, with recent weaker-than-expected quarterly results. TROX was downgraded by JP Morgan and upgraded by Credit Suisse, following a 26% decrease in third-quarter revenue. IFF's partnership with Kemira was expanded, and analysts from Stifel and JP Morgan have updated their price targets.

Portfolio Pulse from Avi Kapoor

January 02, 2024 | 1:09 pm

RYAAY

Evercore ISI Group analyst Duane Pfennigwerth downgraded Ryanair Holdings (NASDAQ:RYAAY) from Outperform to In-Line and set a price target of $140.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:08 pm

VAC

Jefferies analyst David Katz has maintained a Hold rating on Marriott Vacations (NYSE:VAC) and increased the price target from $90 to $92.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:06 pm

ZION

Zions Bancorp (NASDAQ:ZION) has received mixed analyst ratings over the past three months, with 13 analysts offering diverse perspectives. The average 12-month price target for ZION has increased by 7.52% to $39.31. Analysts from firms such as Barclays, Goldman Sachs, Truist Securities, Baird, Wells Fargo, Citigroup, Piper Sandler, JP Morgan, and Wedbush have updated their ratings and price targets, reflecting changes in market dynamics and company performance. Zions Bancorp's financial performance shows a revenue decline of -7.61% for the quarter ending September 30, 2023, a net margin of 21.83%, an ROE of 3.44%, an ROA of 0.19%, and a low debt-to-equity ratio of 0.11.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 1:00 pm

RF

Regions Financial (NYSE:RF) has received mixed reviews from 15 analysts over the past quarter, with a shift towards a more bearish sentiment in the last 30 days. The average 12-month price target has been reduced by 11.28% to $18.41. Analysts from firms including Barclays, Truist Securities, Piper Sandler, Morgan Stanley, Odeon Capital, JP Morgan, UBS, RBC Capital, Goldman Sachs, and Wells Fargo have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Regions Financial is a regional bank with a strong market position but has faced revenue decline and profitability challenges, while excelling in ROE and ROA metrics.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 1:00 pm

STT

State Street (NYSE:STT) has been evaluated by 5 analysts over the last three months, with recent ratings ranging from 'Somewhat Bullish' to 'Indifferent'. The average 12-month price target for STT is now $84.2, up from $80.25, with a high estimate of $102.00 and a low of $77.00. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. State Street, a financial services provider with significant assets under management and custody, faces challenges in revenue growth, net margin, ROE, and ROA, but maintains a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 1:00 pm

LUV

Evercore ISI Group analyst Duane Pfennigwerth downgraded Southwest Airlines (NYSE:LUV) from Outperform to In-Line and set a price target of $35.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 12:59 pm

MAR

Jefferies analyst David Katz has maintained a Hold rating on Marriott International (NASDAQ:MAR) and increased the price target from $205 to $227. This adjustment reflects a more positive outlook on the company's future performance while still not fully endorsing a buy recommendation.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 12:58 pm

AVY

B of A Securities analyst George Staphos downgraded Avery Dennison (NYSE:AVY) from Buy to Underperform and set a price target of $208.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 12:58 pm