Analyst Ratings
BCE Inc. (BCE:CA) (BCE) – TD Securities
TD Securities maintained its “Hold” rating for BCE with a price target of CAD 33. The unchanged outlook reflects a cautious stance amid ongoing challenges in the telecommunications sector, including competitive pressures and high capital expenditures. Analysts suggest that the company’s dividend yield remains attractive, despite the recent cut, but highlight the need for consistent revenue growth to justify any potential upgrades.
American International Group (AIG) – Keefe, Bruyette & Woods
Keefe, Bruyette & Woods maintained an “Outperform” rating for AIG and raised the price target from USD 94 to USD 97. This increase reflects improving financial stability and strong underwriting performance, especially in the commercial insurance segment. AIG’s efforts to streamline operations and reduce costs are seen as positive catalysts for future growth.
Home Depot (HD) – Wells Fargo & Company
Wells Fargo & Company lowered the price target for Home Depot from USD 445 to USD 420 while maintaining an “Overweight” rating. The revision is attributed to near-term challenges in the housing market, including slower renovation spending. Despite this, Home Depot remains well-positioned with strong fundamentals, and the “Overweight” rating reflects long-term confidence in the company’s business model.
Rivian Automotive (RIVN) – Mizuho Securities:
Mizuho Securities raised the price target for Rivian to USD 11 while keeping a “Neutral” rating. The increase comes after Rivian announced stronger-than-expected delivery numbers, signaling progress in scaling production. However, profitability concerns and supply chain challenges continue to warrant a cautious stance.
Netflix (NFLX) – BMO Capital Markets
BMO Capital Markets initiated coverage of Netflix with a “Buy” rating and a 12 month price target of USD 1,200. Analysts at BMO are optimistic about Netflix’s expansion into gaming and its ability to retain subscribers amid increased streaming competition. The firm highlights Netflix’s unique content pipeline and strong brand loyalty as key growth factors.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
