Financials

Wedbush analyst Richard Anderson cut the price target and estimates for Mid-America Apartment Communities Inc (NYSE: MAA) and Camden Property Trust (NYSE: CPT).  The analyst lowered the price target for CPT to $98 (from $105) with a maintained Outperform...

Piper Sandler analyst Alexander Goldfarb revised ratings on several real estate REITs amid higher interest rates environment and increased supply pressures scenario. The analyst upgraded AvalonBay Communities Inc (NYSE: AVB) to Overweight from Neutral at a lowered price target...

Moody's Corp (NYSE: MCO) reported third-quarter FY23 sales growth of 15% year-on-year to $1.472 billion, beating the analyst consensus estimate of $1.463 billion. Moody's Analytics revenue climbed 13% Y/Y to $776 million, and Moody's Investor Service grew 18% to $696...

JP Morgan raised the price target for The Progressive Corporation (NYSE: PGR) from $146 to $149. JP Morgan analyst Jimmy Bhullar maintained an Overweight rating. Progressive shares fell 0.8% to close at $139.30 on Friday. Barclays cut SolarEdge Technologies, Inc. (NASDAQ: SEDG) price target...

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it...

Moody's Corporation (NYSE: MCO) unveiled the Vietnam Investors Service And Credit Rating Agency Joint Stock Company, or the VIS Rating. The development has been done in partnership with Vietnamese financial institutions that were initiated by the Vietnam Bond Market Association (VBMA...

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it...

Macerich Co (NYSE: MAC) disclosed its portfolio-wide leasing activity details. Macerich penned 191 leases for 1.4 million square feet in Q2, with 2.4 million square feet signed year-to-date, 34% Y/Y. At the end of Q2, portfolio-wide occupancy rose to 92.6%, up 80 basis-point Y/Y and 40...

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite...

On Tuesday, August 8, the U.S. markets closed in the red after credit rating agency Moody's (NYSE: MCO) downgraded several banks, reigniting concerns about the soundness of U.S. banks and the economy. Eight of the S&P 500's eleven key sectors declined. While financials were undoubtedly...

The Nasdaq 100 closed lower on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales should not...

Moody's Corp (NYSE: MCO) reported second-quarter FY23 sales growth of 8% year-on-year to $1.49 billion, beating the analyst consensus of $1.45 billion. Moody's Analytics revenue climbed 11% Y/Y to $747 million, and Moody's Investor Service grew 6% to $747 million....

Inflation was out of control, interest rates soared, bonds screamed caution and a recession seemed imminent. Yet, here we are, 20 months later with the S&P 500's bear market nearing a full recovery, just 260 points short. Talk about market resilience! Market Prices as of 4 pm EST, 7/24/23...

Gainers Pieris Pharmaceuticals, Inc. (NASDAQ: PIRS) gained 90% to $0.3560 after the company issued strategic update and announced restructuring. The Singing Machine Company, Inc. (NASDAQ: MICS) shares surged 32% to $2.10 after the company announced it launched a new party accessory product line...