The Latest Breaking News from Keybanc

Today, Netgear Inc (NASDAQ:NTGR) slashed its 1Q revenue outlook by 11% to $207 million at the midpoint from $232 million prior. The revision reflected, "The U.S. consumer WiFi market, which had exited 2021 at ~15% above 2019 levels, declined in the first quarter of 2022, ending roughly flat to 2019 levels.  The decline in…

KeyBanc sees positive and mixed trends for other chipmakers. Demand remains 'healthy' in the industry, it said.

Someone with a lot of money to spend has taken a bullish stance on ConocoPhillips (NYSE:COP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

KeyBanc analyst Jason Celino downgraded Chegg Inc (NYSE:CHGG) to Sector Weight from Overweight. Celino said he observed a downtick in growth trends in the company’s credit/debit transactions. Though international prospects seem bright, powered by localization catalysts, Celino believes that consistent growth in the U.S. is needed to warrant further multiple re-rating at current levels.…

Reports of production disruptions at major suppliers have left Apple, Inc. (NASDAQ: AAPL) may have some investors worried but an analyst at KeyBanc Capital Markets is confident of Cupertino turning in another strong quarter when it reports later this month.

Keybanc has decided to maintain its Overweight rating of Brigham Minerals (NYSE:MNRL) and raise its price target from $25.00 to $28.00. Shares of Brigham Minerals are trading down 2.47% over the last 24 hours, at $26.87 per share.

Streaming giant Netflix, Inc. (NASDAQ: NFLX) is slowly and steadily ceding its dominant market positioning, according to a survey by KeyBanc Capital Markets.

On Sunday evening, Benzinga asked its followers on Twitter what they’re buying at the open on Monday. From the replies, Benzinga selected one ticker for technical analysis.

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