Streetbeat News

Analyst Ratings

FBIN

Goldman Sachs analyst Susan Maklari maintains a 'Buy' rating on Fortune Brands (NYSE:FBIN) but has lowered the price target from $77 to $68.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:44 pm

BABA

JD

LNGGF

LNGGY

Chinese sportswear maker Li Ning Co Ltd (OTC:LNGGY) (OTC:LNGGF) saw its shares plunge by over 20% after it announced missing Q3 sales expectations. The company reported a decline in point-of-sale distributors and same store sales. Investment bank Nomura lowered its price target for Li Ning due to high inventory levels and expected slowdown in profit growth. Li Ning's performance is seen as a proxy for the health of the Chinese retail market.

Portfolio Pulse from Daniel Harrison

October 26, 2023 | 1:43 pm

WNC

Stephens & Co. analyst Justin Long has maintained an Equal-Weight rating on Wabash National (NYSE:WNC) and lowered the price target from $24 to $23.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:42 pm

DHR

Goldman Sachs analyst Matthew Sykes has maintained a 'Buy' rating on Danaher (NYSE:DHR) but lowered the price target from $250 to $215.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:41 pm

TECK

B. Riley Securities analyst Lucas Pipes has maintained a 'Buy' rating on Teck Resources (NYSE:TECK), but lowered the price target from $78 to $63.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:39 pm

WFRD

Raymond James analyst James Rollyson has maintained a Strong Buy rating on Weatherford International (NASDAQ:WFRD) and raised the price target from $110 to $127.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:38 pm

CMG

Chipotle Mexican Grill (NYSE:CMG) is set to report its Q3 earnings after market hours on Thursday. Analysts will be closely watching the impact of the company's aggressive pricing on demand and the effect of upcoming student loan repayments on its target consumer. The stock is currently trading at a P/E of over 40, with the sector median at close to 13 P/E. CMG makes up more than 18.8% of Pershing Square Capital Management’s portfolio. Wall Street analysts expect CMG to report $10.56 in EPS for the quarter and $2.47BN in revenue.

Portfolio Pulse from Surbhi Jain

October 26, 2023 | 1:37 pm

WM

Raymond James analyst Patrick Tyler Brown maintains an Outperform rating on Waste Management (NYSE:WM) but lowers the price target from $179 to $175.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:36 pm

SHEN

B. Riley Securities analyst Daniel Day has maintained a Neutral rating on Shenandoah (NASDAQ:SHEN) and raised the price target from $22 to $24.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:36 pm

TCBK

Raymond James analyst David Feaster maintains an Outperform rating on TriCo (NASDAQ:TCBK) but lowers the price target from $42 to $36.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:35 pm