Streetbeat News

Analyst Ratings

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

SFM

Sprouts Farmers Market (NASDAQ:SFM) reported Q3 earnings of $0.65 per share, beating the analyst consensus estimate of $0.62 by 4.84%. The company also reported quarterly sales of $1.71 billion, surpassing the analyst consensus estimate of $1.68 billion by 1.96%. Both earnings and sales show an increase compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:23 pm

XLO

Xilio Therapeutics, Inc. (NASDAQ:XLO) will host a virtual investor conference call and webcast on November 6, 2023, to review progress across its pipeline of tumor-activated molecules, including Phase 1/2 clinical data for XTX202. The data will be presented at the Society for Immunotherapy of Cancer (SITC) 38th Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:22 pm

CYBN

HC Wainwright & Co. analyst Patrick Trucchio has reiterated a 'Buy' rating on Cybin (AMEX:CYBN) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 1:22 pm