This article explores the discrepancy between Wall Street analyst recommendations and the Zacks Rank for Tenet Healthcare (THC). It delves into the potential bias in analyst ratings and highlights the importance of considering a more reliable indicator like the Zacks Rank, which is driven by earnings estimate revisions.
This article examines the reliability of brokerage recommendations for stock investments, specifically focusing on Booking Holdings (BKNG). It compares the average brokerage recommendation (ABR) with the Zacks Rank, a proprietary stock rating tool. The article concludes that while the ABR suggests a buy for BKNG, investors should be cautious and consider other factors, such as the unchanged consensus earnings estimate and the Zacks Rank #3 (Hold) for a more balanced decision.
Discover the top five most accurate Wall Street analysts and their latest stock picks, along with their ratings accuracy, price targets, and recent news updates. Get valuable insights from experts like William Stein, Aaron Rakers, Sidney Ho, Alex Rygiel, and Harsh Kumar.
Top Wall Street analysts have adjusted their price targets and ratings for several notable companies. Here’s a summary of the changes:
– Susquehanna raised its target for Impinj, Inc. (PI) from $130 to $140, maintaining a ‘Positive’ rating.
– HSBC lowered its target for Intel Corporation (INTC) from $44 to $37, maintaining a ‘Hold’ rating.
– Piper Sandler cut its target for Chewy, Inc. (CHWY) from $19 to $16, maintaining a ‘Neutral’ rating.
– B of A Securities reduced its target for Vertex, Inc. (VERX) from $40 to $34, maintaining a ‘Neutral’ rating.
– Mizuho lowered its target for Marriott International, Inc. (MAR) from $263 to $260, maintaining a ‘Neutral’ rating.
– BMO Capital raised its target for Amazon.com, Inc. (AMZN) from $205 to $215, maintaining an ‘Outperform’ rating.
– Baird cut its target for Simpson Manufacturing Co., Inc. (SSD) from $215 to $208, maintaining an ‘Outperform’ rating.
– Oppenheimer increased its target for Church & Dwight Co., Inc. (CHD) from $110 to $120, maintaining an ‘Outperform’ rating.
– RBC Capital boosted its target for Zions Bancorporation (ZION) from $46 to $47, maintaining a ‘Sector Perform’ rating.
– JP Morgan upgraded Roblox Corporation (RBLX) from ‘Neutral’ to ‘Overweight’ and raised its target from $41 to $48.
