Streetbeat News

Analyst Ratings

BKNG

EXPE

TCOM

TRIP

Analysts predict a positive outlook for Trip.com Group Limited (NASDAQ:TCOM), a leader in the Chinese travel sector, as the domestic travel market shows stronger-than-expected demand. The company reported Q2 profits of $89 million, beating analyst expectations, and an increase in sales of over 180% from the same year-ago period. Despite a recent increase in short-side bets on Trip.com’s stock, analysts maintain a Buy rating, with an average price target of $50. The company's stock is currently trading around $35.

Portfolio Pulse from Daniel Harrison

October 31, 2023 | 1:41 pm

CC

Goldman Sachs analyst Duffy Fischer has maintained a Neutral rating on Chemours (NYSE:CC) and lowered the price target from $35 to $30.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:41 pm

CHGG

Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Chegg (NYSE:CHGG) and lowered the price target from $14 to $10.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:39 pm

SHOP

Traders are circulating negative analyst comments about Shopify (SHOP), suggesting that they are expecting the company's revenues to fall below consensus.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:38 pm

CLMT

Goldman Sachs analyst Neil Mehta maintains a 'Buy' rating on Calumet Specialty Prods (NASDAQ:CLMT) but lowers the price target from $19 to $17.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:37 pm

MCD

BMO Capital analyst Andrew Strelzik has maintained an 'Outperform' rating on McDonald's (NYSE:MCD) but lowered the price target from $340 to $325.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:37 pm

TSX:DND

BMO Capital analyst Thanos Moschopoulos has maintained an 'Outperform' rating on Dye & Durham, but lowered the price target from C$25 to C$18.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:34 pm

CHGG

BMO Capital analyst Jeffrey Silber has maintained a 'Market Perform' rating on Chegg (NYSE:CHGG) but lowered the price target from $12 to $10.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:33 pm

IWM

XLC

The article discusses the uncertainty in the market, questioning whether it is a bull market or a bear market rally. It mentions the dip in the market, the reduction of the end-of-year target for the S&P 500 by Fundstrats Tom Lee, and the unstable inflation situation. The article also highlights the performance of the Russell 2000 ETF (IWM) and the SPDR ETF (XLC), suggesting a low risk appetite and potential continuation to the downside.

Portfolio Pulse from Thrash Capital

October 31, 2023 | 1:30 pm

VFC

V.F. Corp (NYSE:VFC) reported mixed Q2 results, beating sales estimates but missing on earnings per share. The company also announced a transformation program, withdrew its full-year guidance, and expects a difficult wholesale environment ahead in the U.S. Multiple analysts lowered their price targets for VFC following the results.

Portfolio Pulse from Adam Eckert

October 31, 2023 | 1:26 pm