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Telsey Advisory Group analyst Dana Telsey's study based on Google Trends insights revealed that Black Friday attracted more consumer interest for most brands compared to Christmas. Larger and more established brands like Amazon, Walmart, Nike, UGG, and Kohl's were the winners. Lululemon stood out in specialty apparel, while Ulta Beauty and Sephora saw increased interest in the beauty segment. Coach was preferred over Michael Kors and Kate Spade in luxury, and LVMH excelled among premium European luxury brands. Kohl's led department stores and off-price retailers, with The North Face, Ralph Lauren, and Levi Strauss being popular in apparel. Amazon and Best Buy were top in their segments, and Williams-Sonoma in furniture. Interest in off-price and athletic brands increased around Christmas.

Portfolio Pulse from Lekha Gupta

January 02, 2024 | 6:54 pm

LI

Li Auto Inc. (NASDAQ:LI) shares are down after the company announced a delay in the launch and delivery of its Li MEGA vehicle. Originally slated for a December 2023 launch with deliveries in late February 2024, the new timeline sets the launch for March 1, 2024, with deliveries in early March. Despite this, Li Auto reported a 137.1% year-over-year increase in vehicle deliveries for December 2023, achieving its target of 50,000 vehicles for the month. The fourth-quarter deliveries were up 184.6% year over year, and total 2023 deliveries increased by 182.2% to 376,030 vehicles. Li Auto now has over 600,000 cumulative deliveries, the highest among Chinese emerging new energy automakers. The company also expanded its retail and service network. However, shares dropped by 7.72% to $34.54.

Portfolio Pulse from Nabaparna Bhattacharya

January 02, 2024 | 6:03 pm

ITCI

Intra-Cellular Therapies (NASDAQ:ITCI) has received 6 analyst ratings over the past three months, with a current average 12-month price target of $84.5, up from the previous $80.00. Ratings include 2 bullish and 4 somewhat bullish, with recent actions including raises and maintains by analysts from B of A Securities, Cantor Fitzgerald, TD Cowen, RBC Capital, and Needham. The company has shown a revenue growth rate of 75.05% as of September 30, 2023, but has a net margin of -19.28% and an ROE of -4.02%, indicating potential profitability and efficiency challenges.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 6:01 pm

PH

Parker Hannifin (NYSE:PH) received varied analyst ratings in the last quarter, with 5 bullish and 1 somewhat bullish out of 6 total ratings. The average 12-month price target is $502.0, up 5.8% from the previous $474.50, with a high of $551.00 and a low of $470.00. Analysts from firms including Goldman Sachs, Wells Fargo, Stifel, Deutsche Bank, and B of A Securities have maintained or raised their ratings and price targets, reflecting positive market conditions and company performance. Parker Hannifin's financials show strong revenue growth and net margin but a higher debt-to-equity ratio than industry average.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 6:01 pm

TFC

Truist Finl (NYSE:TFC) received mixed analyst ratings over the past three months, with a recent average price target of $36.06, up from $35.00. Barclays, Odeon Capital, Piper Sandler, Morgan Stanley, Evercore ISI Group, and Raymond James provided updates, with some raising and others lowering their price targets. Truist, a regional bank resulting from the merger of BB&T and SunTrust, faces revenue challenges and below-average profitability metrics. Analysts' ratings reflect their views on the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 6:00 pm

AR

Antero Resources (NYSE:AR) received mixed analyst ratings in the past three months, with a total of 3 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target is $30.33, down 11.32% from previous estimates, with a high of $37.00 and a low of $26.00. Analysts from firms like Raymond James and Wells Fargo have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Antero Resources is involved in natural gas and liquids exploration and production, with proven reserves and production figures reported for 2022. The company's financials show challenges in revenue growth, profitability, and returns, with a market capitalization below industry averages and a conservative debt management approach.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 6:00 pm

USB

U.S. Bancorp (NYSE:USB) has been the subject of diverse analyst ratings over the past three months, with 9 analysts offering insights ranging from bullish to bearish. The average 12-month price target is $50.33, showing a 9.75% increase from the previous target of $45.86. Analysts from firms including Barclays, Goldman Sachs, Baird, Wells Fargo, Odeon Capital, Piper Sandler, and Oppenheimer have updated their ratings and price targets, reflecting changes in market conditions and company performance. U.S. Bancorp is a large regional bank with a market capitalization below industry benchmarks, a revenue growth rate of 11.18%, and below-average net margin, ROE, and ROA. Its debt-to-equity ratio is sound at 1.4.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:01 pm

AVB

AvalonBay Communities (NYSE:AVB) has been rated by 7 analysts in the past three months, with no changes in the last 30 days. The average 12-month price target is $193.71, down from $197.67. Analysts from Mizuho, Evercore ISI Group, Truist Securities, Keybanc, JP Morgan, and Piper Sandler have adjusted their price targets and ratings, reflecting a mix of lowered targets and maintained or raised ratings. AvalonBay owns 276 apartment communities and is developing 18 more, with strong financial indicators such as a 4.86% revenue growth, a net margin of 24.66%, an ROE of 1.46%, an ROA of 0.83%, and a debt-to-equity ratio of 0.69.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

GLBE

Global E Online (NASDAQ:GLBE) has received mixed analyst ratings over the last three months, with a total of 5 bullish, 7 somewhat bullish, and 1 indifferent rating. The average 12-month price target is now $43.38, down from $46.89. Analysts from firms including Piper Sandler, JMP Securities, Needham, Goldman Sachs, UBS, Benchmark, Morgan Stanley, Keybanc, and Raymond James have adjusted their price targets and ratings, with several maintaining their positive outlook but lowering their price targets. Global E Online provides cross-border e-commerce solutions and has shown a revenue growth rate of 26.57% as of September 30, 2023, but struggles with profitability and efficiency, as indicated by its net margin and ROE/ROA figures.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

MNDY

Analysts have provided diverse opinions on Monday.Com (NASDAQ:MNDY) over the last three months, with 12 analysts offering ratings ranging from bullish to indifferent. The average 12-month price target is $196.58, down from the previous $201.11. Analysts from firms like Piper Sandler, UBS, Canaccord Genuity, Keybanc, DA Davidson, and Citigroup have updated their ratings and price targets, reflecting changes in market conditions and company performance. Monday.Com's financials show strong revenue growth and net margin, but a lower ROE compared to industry averages. The company's market capitalization is below industry averages, and it has a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm