The Latest Breaking News from Stifel

Benzinga's Top Ratings Upgrades, Downgrades For July 26, 2022

Upgrades

Benzinga · Jul 26, 2022

Benzinga's Top Ratings Upgrades, Downgrades For July 20, 2022

Upgrades

Benzinga · Jul 20, 2022

Why Stifel Analysts Upgraded These Rail Stocks To A Buy: 'It Shouldn't Be As Bad As 2006-2009'

CSX Corporation (NASDAQ: CSX) and Norfolk Southern Corp. (NYSE: NSC) traded higher on Friday after Stifel upgraded the two companies from a Hold rating to a Buy rating.

Benzinga · Jul 16, 2022

Read How Analysts Reacted To Darden Restaurants' Q4 Results

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

Benzinga · Jun 24, 2022

Xenon Pharmaceuticals Shares Drop On Proposed Public Offering

Xenon Pharmaceuticals Inc (NASDAQ:XENE) announced an underwritten public offering of its common shares. Underwriters of the offering will be granted an option for a period of 30 days to purchase an additional 15% of common shares at the public offering price. Jefferies, J.P. Morgan, SVB Securities, and Stifel are acting as joint…

Benzinga · Jun 22, 2022

What's Going On With Netflix Stock?

Shares of several companies are trading higher Tuesday as stocks rebound following weakness stemming from recent Fed policy tightening. However, Netflix Inc (NASDAQ: NFLX) is underperforming. So what's going on?

Benzinga · Jun 21, 2022

Stifel Maintains Hold Rating for Netflix: Here's What You Need To Know

Stifel has decided to maintain its Hold rating of Netflix (NASDAQ:NFLX) and lower its price target from $300.00 to $240.00. Shares of Netflix are trading down 1.99% over the last 24 hours, at $172.01 per share. A move to $240.00 would account for a 39.53% increase from the current share…

Benzinga · Jun 21, 2022

Read How Analysts Reacted To Devon Energy's RimRock Transaction

Mizuho Securities analyst Vincent Lovaglio raised the price target for Devon Energy Corp (NYSE:DVN) to $94 (an upside of 28%) from $92, reflecting the $865 million Rim Rock acquisition. The analyst states that the transaction adds 15kboed and 38k net acres to the company's existing 48kboed and 85k net acre Bakken position at ~4x free cash…

Benzinga · Jun 10, 2022

Stifel Maintains Hold Rating for Campbell Soup: Here's What You Need To Know

Stifel has decided to maintain its Hold rating of Campbell Soup (NYSE:CPB) and raise its price target from $46.00 to $48.00. Shares of Campbell Soup are trading up 0.83% over the last 24 hours, at $47.70 per share. A move to $48.00 would account for a 0.62% increase from the…

Benzinga · Jun 9, 2022

Here's Why Stifel Slashed Price Target On Nike

Stifel analyst Jim Duffy lowered the price target on Nike Inc (NYSE:NKE) to $150 from $160, implying a 23.99% upside. Duffy kept a Buy rating on the shares. The analyst slashed the price target, considering the business restrictions in China due to the rise in COVID-19 cases and the strengthened U.S. dollar position. He said…

Benzinga · Jun 6, 2022