Streetbeat News

Analyst Ratings

APTV

CVS

GXO

MAR

On CNBC's Halftime Report, analysts shared their final trades, which included stock recommendations for Aptiv PLC, Marriott International, CVS Health Corp, and GXO Logistics.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:00 pm

APA

Analysts have provided diverse opinions on APA (NASDAQ:APA) with 11 analysts offering ratings ranging from bullish to bearish. Over the past quarter, sentiments have shifted, with the current average 12-month price target for APA being $45.64, down 11.38% from the previous $51.50. Analysts from firms like Raymond James, UBS, Wells Fargo, Citigroup, RBC Capital, Piper Sandler, Benchmark, Mizuho, Susquehanna, and Bernstein have adjusted their ratings and price targets, mostly lowering them. APA, an independent exploration and production company, has faced a revenue decline of -20.06% over the past 3 months but has strong profitability indicators such as a net margin of 19.89% and ROE of 51.37%. However, the company has a high debt-to-equity ratio of 5.28, indicating potential financial strain.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 6:00 pm

APA

Raymond James analyst John Freeman has maintained a Strong Buy rating on APA Corporation (NASDAQ:APA) but reduced the price target from $61 to $44. This adjustment reflects a more conservative valuation of APA's stock.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:56 pm

ALTM

Raymond James analyst Pavel Molchanov has maintained an Outperform rating on Arcadium Lithium (NYSE:ALTM) but reduced the price target from $30 to $11.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:54 pm

WBS

Raymond James analyst Daniel Tamayo has maintained an Outperform rating on Webster Financial Corporation (NYSE:WBS) and increased the price target from $49 to $57.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:52 pm

UBSI

Raymond James analyst Steve Moss has maintained an Outperform rating on United Bankshares (NASDAQ:UBSI) and increased the price target from $38 to $41.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:50 pm

NVDA

Nvidia Corp. (NVDA) is highlighted as a top sector pick by BofA Securities analyst Vivek Arya, who maintains a Buy rating with a $700 price target. Arya forecasts $100 billion in FCF over CY24/CY25E, which Nvidia plans to use for growth initiatives, particularly in AI. Nvidia's shift towards recurring revenue and strategic investments, like the Mellanox acquisition, are key to its growth. Upcoming tradeshows could be catalysts for the stock, which is currently trading at a discount compared to peers.

Portfolio Pulse from Surbhi Jain

January 05, 2024 | 5:49 pm

TFC

Raymond James analyst Michael Rose has maintained an Outperform rating on Truist Financial Corporation (NYSE:TFC) and increased the price target from $34 to $41.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:49 pm

TOWN

Raymond James analyst Steve Moss has maintained an Outperform rating on Towne Bank (NASDAQ:TOWN) and increased the price target from $28 to $32.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:48 pm

TCBI

Raymond James analyst Michael Rose has downgraded Texas Capital Bancshares (NASDAQ:TCBI) from Strong Buy to Outperform, while setting a price target of $69.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:46 pm