Streetbeat News

Analyst Ratings

CHUY

Chuy's Holdings (NASDAQ:CHUY) has received various analyst ratings over the last quarter, with 1 bullish, 3 somewhat bullish, and 2 indifferent. No somewhat bearish or bearish ratings were reported. The average 12-month price target among 6 analysts is $41.17, with a high of $46.00 and a low of $36.00, marking a 4.7% decrease from the previous average target of $43.20.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 8:00 pm

FDX

Citi analyst Christian Wetherbee predicts FedEx Corp (NYSE:FDX) will exceed Q2 expectations, maintaining the company as a top pick. Despite headwinds in the transport sector, Wetherbee's estimates remain above the Street's, at $4.51 for Q2 and $18.75 for FY24. Macro factors, DRIVE cost initiatives, better LTL results, and an extra Cyber-Week day are expected to contribute to another strong quarter. However, it's uncertain if FedEx will raise its guidance due to fundamental transport sector headwinds. FedEx shares saw a slight increase of 0.18% to $256.

Portfolio Pulse from Anusuya Lahiri

November 21, 2023 | 7:53 pm

ENPH

Mizuho Securities analyst Maheep Mandloi initiated coverage on Enphase Energy Inc (ENPH) with a Buy rating and a price target of $131. Mandloi highlights ENPH's strong U.S. market position, growth in battery storage, and international expansion. Despite near-term market slowdown and expected FY24 revenue decline, the analyst predicts recovery and growth in H2 FY24 and beyond. ENPH's Q3 FY23 earnings missed estimates, and shares are currently trading slightly lower.

Portfolio Pulse from Lekha Gupta

November 21, 2023 | 7:45 pm

ENLT

Roth MKM analyst Justin Clare has maintained a Buy rating on Enlight Renewable Energy (NASDAQ:ENLT) but has reduced the price target from $22 to $19.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:44 pm

AMZN

MSFT

NVDA

Evercore ISI analyst Mark Mahaney predicts that Amazon.com Inc (AMZN) stock will trade at $200 in 2024, driven by growth in AI applications in cloud computing, advertising, and retail. Mahaney suggests that the market has not fully recognized Amazon's AI potential, which he believes will lead to record operating margins and profit next year. Despite a recent uptick, he views the current stock price as a dislocated buying opportunity. Meanwhile, shares of Microsoft (MSFT) and Nvidia (NVDA) were bid up in 2023 due to their AI exposure.

Portfolio Pulse from Adam Eckert

November 21, 2023 | 7:39 pm

GOOGL

Tigress Financial analyst Ivan Feinseth has reaffirmed a Strong Buy rating on Alphabet Inc. (NASDAQ:GOOGL) and increased the price target from $172 to $176.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:38 pm

YOU

Needham analyst Joshua Reilly reiterated a Buy rating on Clear Secure Inc (NYSE:YOU) with a $40 price target, citing potential ARPU growth from recent pricing strategy changes. The analyst expects increased ARPU in FY24 due to price increases, a shift in customer mix towards full-price members, and the diminishing negative impact of Amex Platinum pricing step-downs. Reilly projects Q4 revenue and adjusted EPS to slightly exceed consensus estimates. Shares of YOU traded slightly higher.

Portfolio Pulse from Anusuya Lahiri

November 21, 2023 | 7:33 pm

FSLR

MAXN

SEDG

SHLS

Mizuho Securities analysts initiated coverage on First Solar, SolarEdge, Shoals Technologies, and Maxeon Solar Technologies with price targets. They are bullish on FSLR, SEDG, and SHLS, citing strong market positions, innovative technologies, and growth opportunities. FSLR is noted for its sold-out status through 2026 and potential for margin improvement. SEDG is recognized for its market diversification and attractive valuation. SHLS is praised for its rapid growth and expansion into new product areas. MAXN is given a neutral rating due to premium pricing and competitive challenges.

Portfolio Pulse from Shivani Kumaresan

November 21, 2023 | 7:24 pm

HQI

Barrington Research analyst Kevin Steinke has maintained an Outperform rating on HireQuest (NASDAQ:HQI) but has reduced the price target from $26 to $21.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:20 pm

TNP

Jefferies analyst Omar Nokta has reiterated a Buy rating on Tsakos Energy Navigation (NYSE:TNP) and maintained a $28 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:18 pm