Streetbeat News

Analyst Ratings

IDXX

IDEXX Laboratories Inc reported Q3 FY23 sales of $915.53 million, missing the consensus of $926.76 million. Adjusted EPS was $2.50, beating the consensus of $2.37. The company raised its FY2023 EPS guidance but lowered the FY23 sales guidance. Despite the mixed results, William Blair maintains that the veterinary healthcare sector, and IDEXX in particular, remains a secure and attractive investment option due to its robust financial position and recurring-revenue business model. IDXX shares are down 3.42% at $385.80.

Portfolio Pulse from Vandana Singh

November 01, 2023 | 4:32 pm

MPC

Unusual options activity has been observed for Marathon Petroleum (NYSE:MPC), with a large position indicating a bullish stance. The activity includes 10 uncommon options trades, with 70% bullish and 30% bearish sentiment. The targeted price range for MPC over the last 3 months is $125.0 to $185.0. The current price of MPC is up 1.02% at $152.8. Analysts from Raymond James, Morgan Stanley, Piper Sandler, and Mizuho have maintained their ratings on MPC, with price targets ranging from $148 to $175.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 4:32 pm

EXTR

Lake Street analyst Eric Martinuzzi has downgraded Extreme Networks (NASDAQ:EXTR) from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:30 pm

TREE

Susquehanna analyst James Friedman maintains a Neutral rating on LendingTree (NASDAQ:TREE) and lowers the price target from $23 to $15.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:27 pm

MTCH

Match Group Inc's shares fell after the company reported its Q3 results. The company's preliminary 2024 revenue guidance was slightly below expectations, and Q4 guidance was lower than expected due to geopolitical risk, FX, and macro factors. Tinder's direct revenue growth is expected to be around 11% y/y. Analysts from KeyBanc Capital Markets, Piper Sandler, RBC Capital Markets, and Truist Securities provided their insights on the company's performance and outlook.

Portfolio Pulse from Priya Nigam

November 01, 2023 | 4:26 pm

RIG

Susquehanna analyst Charles Minervino has maintained a Neutral rating on Transocean (NYSE:RIG) and lowered the price target from $9 to $7.5.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:26 pm

JBLU

Susquehanna analyst Christopher Stathoulopoulos has maintained a Neutral rating on JetBlue Airways (NASDAQ:JBLU) and lowered the price target from $5 to $4.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:25 pm

ETN

RBC Capital analyst Deane Dray has maintained a 'Sector Perform' rating on Eaton Corp (NYSE:ETN) and raised the price target from $215 to $220.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:24 pm

GPN

Susquehanna analyst James Friedman maintains a positive outlook on Global Payments (NYSE:GPN), but has lowered the price target from $180 to $150.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:24 pm

FWRD

Susquehanna analyst Bascome Majors maintains a positive outlook on Forward Air (NASDAQ:FWRD), but has lowered the price target from $84 to $75.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:22 pm