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MCD

McDonald's reported Q4 2023 adjusted earnings per share (EPS) of $2.95, surpassing the analyst consensus estimate of $2.82 by 4.61%. However, their quarterly sales of $6.41 billion fell short of the expected $6.45 billion by 0.68%, despite being an 8.09% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:01 pm

MAT

Mattel (NASDAQ:MAT) received mixed analyst ratings with a shift towards a more neutral stance over the last quarter. Four analysts provided ratings, with a consensus moving from bullish to predominantly indifferent. The average 12-month price target was adjusted to $20.25, down from $24.67, indicating a negative sentiment shift. Analysts from JP Morgan, Stifel, Morgan Stanley, and Roth MKM adjusted their price targets and ratings, reflecting concerns over Mattel's market position despite its strong financial indicators such as revenue growth, net margin, and ROE.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:01 pm

SNCY

Sun Country Airlines (NASDAQ:SNCY) has been evaluated by 4 analysts over the last three months, showing a mix of opinions. The average 12-month price target is $18.75, a 7.77% decline from the previous target. Recent analyst actions include adjustments to ratings and price targets by Barclays, Susquehanna, and Morgan Stanley. Sun Country Airlines operates low-cost air carriers with a focus on passenger and cargo segments. Despite a -1.34% decline in revenue growth and a below-average market capitalization, the company has strong net margin, ROE, and ROA, indicating effective cost control and financial health.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:00 pm

TJX

Analysts have provided mixed evaluations of TJX Companies (NYSE:TJX) with a recent shift towards a more neutral stance. The average 12-month price target has been raised to $98.5, indicating a positive outlook. TJX's financial performance is strong, with significant revenue growth, high net margin, and efficient asset management. The company's market capitalization and financial metrics surpass industry averages, reflecting its robust market position and financial health.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:00 pm

NVDA

Analyst ratings for NVIDIA (NASDAQ:NVDA) show a mix of bullish to bearish sentiments among 22 analysts, with a notable upward trend in the 12-month price target to $653.77, reflecting a 9.23% increase from the previous target. Recent actions by analysts include various upgrades and maintenance of ratings, with price targets adjusted accordingly. NVIDIA's financial performance is highlighted by significant revenue growth, a high net margin, and strong ROE and ROA, indicating a robust market position and financial health.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:00 pm

RNSDF

STLA

Stellantis (NYSE:STLA) Chairman John Elkann refuted rumors of a potential merger with Renault (OTC:RNSDF), stating there are no plans for such a merger and emphasizing the focus on executing Stellantis's long-term business plan. This comes after speculation fueled by a report suggesting the French government was considering a merger between the two automakers. Meanwhile, Renault postponed the IPO of its EV and software arm, Ampere, planning to fund its development until 2025.

Portfolio Pulse from Benzinga Neuro

February 05, 2024 | 11:59 am

TKR

Timken Co forecasts a decrease in FY24 adjusted EPS to $5.80-$6.20 compared to an estimated $6.79, and anticipates a revenue decline of 2.5% to 4.5% year-over-year, against an estimated $4.7 billion.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:55 am

H

Evercore ISI Group analyst Duane Pfennigwerth downgraded Hyatt Hotels (NYSE:H) from Outperform to In-Line and set a price target of $135.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:55 am

EVBG

Trading for EVBG was halted at 6:55:00 a.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:55 am

EL

Estée Lauder anticipates Q3 reported net sales to grow by 3%-5%. Adjusted EPS is expected to range from a decrease of 18% to an increase of 3% on a constant currency basis. Projected diluted net earnings per share are between $.35 and $.46.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:54 am