Streetbeat News

Analyst Ratings

GOOGL

VICR

Needham analyst N. Quinn Bolton has downgraded Vicor Corporation (VICR) from Buy to Hold. Despite beating Q3 FY23 revenue and EPS estimates, Vicor's bookings and backlog remain underwhelming. The analyst also noted that Vicor's visibility is clouded by industry complexities and that its shares will likely be range-bound for the next 12 months. Google's move to a two-stage architecture could lead to Vicor losing its factorized power content, which has led to recent lawsuits.

Portfolio Pulse from Shivani Kumaresan

October 25, 2023 | 7:03 pm

SHW

JP Morgan analyst Jeffrey Zekauskas has maintained an Overweight rating on Sherwin-Williams (NYSE:SHW) but lowered the price target from $300 to $285.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 7:02 pm

META

Meta Platforms, Inc (NASDAQ:META) is set to release its Q3 financial results. The stock has been falling ahead of the announcement. For Q2, Meta reported EPS of $2.98, beating the Street estimate of $2.91, and revenues of $32 billion, above the $31.12-billion estimate. For Q3, analysts estimate Meta will report EPS of $3.42 on revenues of $31.65 billion. Seaport Global analyst Aaron Kessler initiated coverage with a Buy rating on Meta and announced a price target of $365. From a technical analysis perspective, Meta’s stock looks bearish.

Portfolio Pulse from Melanie Schaffer

October 25, 2023 | 7:02 pm

PHM

JP Morgan analyst Michael Rehaut maintains an Overweight rating on PulteGroup (NYSE:PHM) but lowers the price target from $120 to $117.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 7:01 pm

YUM

Yum Brands Inc.'s (NYSE:YUM) share price is currently at $120.26, after a 0.29% increase. Over the past month, the stock has decreased by 1.41%, but it has risen by 5.57% over the past year. The company's P/E ratio is lower than the aggregate P/E of 153.82 of the Hotels, Restaurants & Leisure industry, which could indicate that the stock is undervalued. However, a lower P/E can also suggest that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 7:01 pm

PNR

JP Morgan analyst Stephen Tusa has maintained a Neutral rating on Pentair (NYSE:PNR) and lowered the price target from $72 to $70.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 7:00 pm

NTCO

JP Morgan analyst Joseph Giordano maintains an Overweight rating on Natura &Co Holding (NYSE:NTCO) but lowers the price target from $9 to $7.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 6:58 pm

KMB

JP Morgan analyst Andrea Teixeira maintains an Underweight rating on Kimberly-Clark (NYSE:KMB) and lowers the price target from $122 to $119.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 6:54 pm

FTNT

JP Morgan analyst Brian Essex maintains an Overweight rating on Fortinet (NASDAQ:FTNT) but lowers the price target from $74 to $67.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 6:53 pm

DOV

JP Morgan analyst Stephen Tusa maintains an Overweight rating on Dover (NYSE:DOV) and lowers the price target from $171 to $162.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 6:51 pm