Streetbeat News

Analyst Ratings

DFS

RBC Capital analyst Jon Arfstrom has maintained an 'Outperform' rating on Discover Financial Services (NYSE:DFS), but lowered the price target from $115 to $108.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 4:15 pm

TRV

Citigroup analyst Michael Ward has maintained a Neutral rating on Travelers Companies (NYSE:TRV) and raised the price target from $181 to $185.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 4:14 pm

DFS

Citigroup analyst Arren Cyganovich has maintained a Neutral rating on Discover Financial Services (NYSE:DFS) and lowered the price target from $94 to $93.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 4:14 pm

ISRG

Citigroup analyst Joanne Wuensch maintains a 'Buy' rating on Intuitive Surgical (NASDAQ:ISRG) but has lowered the price target from $400 to $390.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 4:14 pm

CSX

RBC Capital analyst Walter Spracklin has maintained a 'Sector Perform' rating on CSX (NASDAQ:CSX) but lowered the price target from $35 to $34.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 4:12 pm

ASB

RBC Capital analyst Jon Arfstrom has maintained a 'Sector Perform' rating on Associated Banc (NYSE:ASB) but lowered the price target from $19 to $18.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 4:08 pm

TSX:IFC

RBC Capital analyst Geoffrey Kwan maintains an Outperform rating on Intact Financial (TSX:IFC) and raises the price target from C$227 to C$228.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 4:04 pm

CME

UTEN

Bank of America analysts predict the Federal Reserve will resume interest rate hikes in December 2023, backed by strong economic indicators. The bank also expects the first rate cut to occur in June 2024, with quarterly reductions of 25 basis points in the policy rate. The 10-year Treasury, as tracked by the US 10-Year Treasury Note ETF (NYSE:UTEN), is anticipated to yield 3.80% in March 2024 and 3.50% by December 2024.

Portfolio Pulse from Piero Cingari

October 20, 2023 | 4:04 pm

KLAC

The article provides a detailed analysis of KLA (NASDAQ:KLAC) and its position in the Semiconductors & Semiconductor Equipment industry compared to its competitors. The analysis reveals that KLA's Price to Earnings ratio is lower than the industry average, indicating potential undervaluation. However, its Price to Book and Price to Sales ratios are higher than the industry average, suggesting potential overvaluation. KLA's Return on Equity, EBITDA, and gross profit are higher than its peers, indicating strong financial performance. However, its revenue growth is below the industry average.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 4:04 pm

INTU

The article provides a detailed comparison of Intuit (NASDAQ:INTU) with its competitors in the software industry. It evaluates Intuit's financial metrics, market position, and growth potential. The analysis reveals that Intuit's P/E and P/B ratios are lower than the industry average, suggesting potential undervaluation. However, its P/S ratio is higher, indicating potential overvaluation based on sales performance. The company's ROE and EBITDA are lower than the industry average, suggesting potential inefficiency and financial challenges. However, Intuit's gross profit and revenue growth are higher than the industry average, indicating strong profitability and growth.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 4:03 pm