Streetbeat News

Analyst Ratings

SNX

TD SYNNEX Corporation (NYSE:SNX) is expected to report lower Q4 earnings with an EPS of $2.68 compared to $3.44 the previous year. Revenue is also anticipated to decrease to $14.48 billion from $16.25 billion. The company announced the retirement of Duane Zitzner from its Board and the acquisition of Cokeva, Inc. by its division Shyft Global Services. SNX shares dropped 0.8% to $104.60. Analysts have provided various ratings and price targets for SNX, with the most recent being a Buy rating and a price target of $120 from Stifel.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 4:46 pm

ARMK

Truist Securities analyst Jasper Bibb has initiated coverage on Aramark (NYSE:ARMK) with a Buy rating and set a price target of $33. This new coverage could influence investor sentiment and potentially impact the stock's performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:42 pm

CSLR

Cantor Fitzgerald analyst Derek Soderberg has initiated coverage on Complete Solaria (NASDAQ:CSLR) with an Overweight rating and a price target of $6. This new coverage could influence investor sentiment and potentially impact CSLR's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:39 pm

VERA

Cantor Fitzgerald analyst Pete Stavropoulos has initiated coverage on Vera Therapeutics (NASDAQ:VERA) with an Overweight rating, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:37 pm

FIHL

JP Morgan analyst Pablo Singzon has downgraded Fidelis Insurance Holdings (FIHL) from Overweight to Neutral and reduced the price target from $16.5 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:34 pm

NVDA

PLTR

NVIDIA Corp (NVDA) and Palantir Technologies Inc (PLTR) are both AI-focused stocks that have seen significant gains in 2023, with NVDA up 245% and PLTR up 168%. NVDA is currently trading around $490 with a consensus price target of $600, indicating a potential upside of over 20%. Analyst Vivek Arya from BofA Securities is optimistic about NVDA's future due to strong free cash flow and a shift to recurring revenue. PLTR, trading around $16, has a consensus price target of $13.21, suggesting a potential downside. Jefferies analyst Brent Hill downgraded PLTR due to concerns over AI hype and unclear monetization strategy. Analyst consensus and a forward P/E ratio comparison suggest NVDA may offer more upside potential in 2024, while PLTR is considered riskier with a trailing P/E of 228.29.

Portfolio Pulse from Surbhi Jain

January 08, 2024 | 4:33 pm

ZI

RBC Capital analyst Rishi Jaluria has downgraded ZoomInfo Technologies (ZI) from Sector Perform to Underperform and reduced the price target from $16 to $14. This reflects a more bearish outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:28 pm

WRB

RBC Capital analyst Scott Heleniak has downgraded WR Berkley (NYSE:WRB) from Outperform to Sector Perform and set a price target of $73.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:25 pm

MKL

RBC Capital analyst Scott Heleniak has downgraded Markel Group (NYSE:MKL) from Outperform to Sector Perform and set a price target of $1475.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:23 pm

PHM

Citigroup analyst Anthony Pettinari has downgraded PulteGroup (NYSE:PHM) from Buy to Neutral, while also raising the price target for the company's stock from $87 to $113.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:19 pm