Innovator ETFs Trust Innovator Premium Income 9 Buffer ETF - January (BATS: HJAN)

Latest news for Innovator ETFs Trust Innovator Premium Income 9 Buffer ETF - January (BATS:HJAN)

The Fund is an actively managed exchange-traded fund (ETF) that invests in U.S. Treasury bills (the U.S. Treasuries) and FLexible EXchange Options (FLEX Options) that use as a reference asset a broad-based U.S. equity index, specifically the S&P 500 Price Return Index (the U.S. Equity Index). Due to the unique mechanics of the Funds strategy, the return an investor can expect to receive from an investment in the Fund has characteristics that are distinct from many other investment vehicles. It is important that an investor understand the characteristics of the Fund before making an investment in the Fund. As described further below, the Fund differs from other funds that utilize a defined outcome investment strategy. The Fund does not provide a buffer against all U.S. Equity Index losses or a floor that provides a maximum amount of U.S. Equity Index losses. As a result, an investor can lose its entire investment prior to consideration of any Defined Distribution payments.

Innovator Premium Income 9 Buffer ETF - January

Innovator ETFs Trust Innovator Premium Income 9 Buffer ETF - January

Ohio&#8217;s debut into the adult-use cannabis market has been nothing <a href="https://www.benzinga.com/markets/cannabis/24/08/40172821/its-official-ohio-begins-recreational-cannabis-sales-on-tuesday-heres-where-and-how-you-know-the">short of explosive. </a>
According to the Ohio Division of Cannabis Control (<a href="https://www.cannabisbusinesstimes.com/news/ohio-recreational-marijuana-sales-figures-prices-millions-legalization-dispensaries-first-week-how-much/">via </a>Cannabis Business Times), within the first five days of sales, from August 6 to August 10, dispensaries across the state amassed over $11.5 million in revenue.
See Also: <a href="https://www.benzinga.com/markets/cannabis/24/07/39870999/ohios-adult-use-cannabis-market-takes-its-first-major-step">Ohio&#8217;s Adult-Use Cannabis Market Takes Its First Major Step</a>
This rapid success suggests Ohio could be on track for approximately $842 million in annual adult-use sales if these trends persist.
<h3 class="wp-block-heading">Impressive Early Sales</h3>
Ohio&#8217;s medical cannabis market also performed strongly, generating over $8.3 million for the week ending August 10.
When combined with adult-use sales, Ohio is set to approach nearly $1.3 billion in annual revenue, surpassing Michigan&#8217;s initial year of $510 million in adult-use and $474 million in medical sales in 2020.
On August 6, the official launch of Ohio's adult-use market, 98 dispensaries began sales, with an additional 18 receiving licenses by August 8.
By August 14, regulators awarded dual-use certificates to 120 of 134 dispensaries, allowing them to sell both medical and adult-use cannabis.
<h3 class="wp-block-heading">Major Industry Players Enter Ohio&#8217;s Cannabis Market</h3>
Meanwhile, major cannabis operators have rapidly moved in to capitalize on Ohio's new market. Ascend Wellness Holdings Inc (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AAWH#OTC">AAWH</a>) started adult-use sales at its Carroll dispensary on August 15, having already begun sales at its other locations in Cincinnati, Coshocton, Piqua and Sandusky.
"We've been thrilled by the enthusiastic response from our local communities," noted Ascend CEO John Hartman in a press release. &#8220;We look forward to watching the momentum in the state continue and take pride in the high standards of quality, excellence and care that allow us to meet the needs of returning patients and new customers across this burgeoning cannabis market."
Chicago-based Verano Holdings Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VRNOF#OTC">VRNOF</a>) also launched adult-use sales across its five Zen Leaf dispensaries, reporting significant increases in customer traffic.
"Foot traffic and transactions have already increased two to three times across all five Zen Leaf dispensaries statewide," said Verano COO Trip McDermott.
<h3 class="wp-block-heading">Strong Consumer Demand And Pricing Trends</h3>
Ohio's dispensaries sold 1,285 pounds of adult-use flower and 173,043 units of manufactured products, including edibles and vaporizer cartridges. The average price for a tenth of an ounce of cannabis flower was $26.59, reflecting a 19.7% increase from the previous week's medical-only price.
Looking forward, Ohio regulators plan to issue around 170 additional dispensary licenses for new retail facilities and 50 licenses to social equity applicants.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/08/40207399/cannabis-stocks-surge-with-ohios-recreational-sales-kickoff-and-strong-earnings-reports">Cannabis Stocks Surge With Ohio&#8217;s Recreational Sales Kickoff And Strong Earnings Reports</a></li>
</ul>
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40141856/cannabis-boom-or-bust-state-trends-marijuana-investors-cant-afford-to-ignore-in-2q2">Cannabis Boom Or Bust: State Trends Marijuana Investors Can&#8217;t Afford To Ignore In 2Q24</a></li>
</ul>
Cover image made with AI.

Cannabis

News

Regulations

Retail Sales

Markets

AAWH

VRNOF

Ohio Cannabis Market Hits $11.5M In First Week Of Adult-Use Sales

OCTO

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

A new 2024 election poll shows Vice President Kamala Harris ranking ahead of former President Donald Trump, gaining a lead for the Democratic Party after President Joe Biden<a href="https://www.benzinga.com/general/politics/24/07/39874057/biden-drops-out-of-2024-race-in-bombshell-announcement-it-has-been-the-greatest-honor-of-my-life"> </a><a href="https://www.benzinga.com/general/politics/24/07/39874057/biden-drops-out-of-2024-race-in-bombshell-announcement-it-has-been-the-greatest-honor-of-my-life">dropped out of the race.</a>
What Happened: Harris has been surging in <a href="https://www.benzinga.com/topic/2024-election">2024 election polls</a> and prediction markets, taking a lead over Trump in many cases.
A new Emerson College <a href="https://emersoncollegepolling.com/august-2024-national-poll-harris-50-trump-46/">poll </a>shows Harris with a lead and the following results:
Kamala Harris: 50%
Donald Trump: 46%
Undecided: 5%
The poll is the first national survey conducted by Emerson College since Biden dropped out of the race. The previous poll showed Trump with a 48% to 47% lead over Biden, with Harris now swinging the Democratic Party to a lead.
Conducted from Aug. 12 through Aug. 14, the poll included only voters who said they are likely to vote in the 2024 election, compared to past polls which included all registered voters.
When undecided voters were asked to pick which way they were leaning, the poll went to Harris 52% and Trump 48%. The inclusion of third-party candidate Robert F. Kennedy Jr. saw the poll show 48% for Harris, 44% for Trump and 4% for Kennedy Jr.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent081524">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: The new poll shows Harris flipping the script and taking back a lead for the Democratic Party. Harris also shows strength across several key voter demographic groups in the latest poll.
"Likely voters under 30 have shifted toward Harris by nine points, 56% of whom supported Biden, 65% now support Harris. Voters over 70 also support Harris over Trump, 51% to 48% — last month they broke 50% to 48% for Trump," Emerson College Polling executive director Spencer Kimball said.
Independent voters also favored Harris in the poll with 46% backing Harris and 45% backing Trump, compared to a 45% to 44% lead for Trump over Biden last month.
The poll found Harris to be viewed favorable by 51% of voters and viewed unfavorable by 49% of voters. Trump's rating was 45% favorable and 54% unfavorable in the poll.
Among 2024 vice-presidential running mates, Tim Walz has a favorable rating of 39% and unfavorable rating of 39%. J.D. Vance has a favorable rating of 39% and an unfavorable rating of 49%.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40402896/donald-trump-now-10-points-behind-vice-president-kamala-harris-in-the-election-odds-predic">Donald Trump Now 10 Points Behind Vice President Kamala Harris In The Election Odds, Prediction Market Data Shows</a></li>
</ul>
Photo: Shutterstock

Politics

Harris Vs. Trump: Vice President Leads 2024 Election By 4 Points, Shows Strong Support From Voters Young, Old

Earnings

Visionary Holdings Reports FY24 Net Income Of $0.97M Vs $(3.57)M Last Year, Revenues Increase 11.2% To $9.4M

Global Value Team at Artisan Partners Limited Partnership, whose discretionary investment management clients collectively hold more than 10.8 million shares of Southwest Airlines, or roughly&nbsp;1.8%&nbsp;of the Company&#39;s outstanding shares, urge the board to work with Elliott to immediately bring on all or substantially all of the proposed nominees who can then chart a new course with a new Chairman and CEO. If it will not, it will vote for the Elliott nominees should an extraordinary shareholder meeting be called.

Artisan Partners Global Value Team Says Elliott Nominees Would Bring Experience To Southwest Airlines Board

Billionaire and NBA team owner Mark Cuban has not been one to shy away from sharing his opinion on other billionaires, including Elon Musk, who he <a href="https://www.benzinga.com/general/social-media/24/08/40381505/mark-cuban-on-elon-musks-global-reach-through-x-the-most-influential-man-in-the-world">often feuds.</a>
New comments from Cuban show exactly how he feels about technology billionaires today.
What Happened: During a recent appearance on "The Daily Show" with Jon Stewart,<a href="https://www.benzinga.com/topic/mark-cuban"> Cuban </a>didn't hold back when discussing the current state of Silicon Valley and the mindset of today's tech billionaires.
Cuban expressed concern about how some of the most powerful figures in technology have lost touch with the real world. &#8220;They&#8217;ve gotten to the point now where they feel like they should control the world, right? And that there should be a CEO in charge of everything," Cuban <a href="https://www.youtube.com/watch?v=ayhRmnFlSkE">said</a>. Cuban&#8217;s critique was particularly pointed at the notion that these tech moguls see themselves as the ultimate authorities, driven by a desire for control rather than innovation. &#8220;It&#8217;s not so much a support thing. It&#8217;s more like a takeover thing, trying to put themselves in a position to have as much control as possible,&#8221; Cuban explained. He went on to describe their ideal scenario as one where &#8220;they want Trump to be the CEO of the United States of America, and they want to be the board of directors that makes him listen to them.&#8221;
The comment comes as <a href="https://www.benzinga.com/general/politics/24/06/39557155/palantir-co-founders-thiel-lonsdale-back-trump-in-2024-election-id-rather-have-him-than-biden">many tech CEOs</a> have endorsed Donald Trump in the 2024 election. Stewart and Cuban also touched on the broader implications of this mindset, especially as it relates to social engineering and transhumanism. &#8220;Now it seems much more about sort of this social engineering and transhumanism, and we are going to join with computers and together eight of us are going to run everything," Stewart said.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent081524">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
 Why It's Important: Cuban&#8217;s observations shed light on the growing influence of tech billionaires and their increasingly dystopian visions of the future. His commentary could serve as a reminder of the potential dangers of concentrated power in the hands of a few individuals who, in his words, have &#8220;lost the connection to the real world.&#8221;
The comments from Cuban come after he was <a href="https://www.benzinga.com/general/politics/24/08/40105641/mark-cuban-reid-hoffman-vinod-khosla-and-nearly-500-venture-capitalists-back-kamala-harris-in-20">part of a group</a> of more than 400 investors and venture capitalists pledging their support to Kamala Harris.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/01/36836747/mark-cuban-talks-elon-musk-dei-health-care-investments-buying-twitter-and-more-in-an-x-ama">Mark Cuban Talks Elon Musk, DEI, Health Care, Investments, Buying Twitter And More In X &#8216;AMA&#8217;</a></li>
</ul>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Management

Tech

Mark Cuban Blasts Tech Billionaires: 'They Feel Like They Should Control The World' With Trump 'CEO Of The United States Of America'

The company&#39;s cash dividend is payable on&nbsp;September 25, 2024, to common stockholders of record at the close of business on September 11, 2024.&nbsp;

Dividends

Trading Ideas

Winnebago Industries Boosts Quarterly Cash Dividend By 10% From $0.31 To $0.34 Per Share

Offerings

BXP Agrees To Sell $850M Of 5.750% Senior Unsecured Notes Due 2035 In Public Offering

H&amp;R Block Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRB#NYSE">HRB</a>) reported financial results for its fiscal fourth quarter after the market close on Thursday. Here&#8217;s a look at the<a href="https://www.benzinga.com/pressreleases/24/08/g40404874/h-r-block-reports-fy24-results-announces-17-dividend-increase-1-5b-share-repurchase-authorization"> key metrics in the report</a>.
<ul>
<li>Q4 Revenue: $1.063 billion, versus <a href="https://www.benzinga.com/calendars/earnings">estimates</a> of $1.028 billion</li>
</ul>
<ul>
<li>Q4 EPS: $1.89, versus estimates of $1.74</li>
</ul>
&#8220;In fiscal 2024 we made strides across our different products and services that provide value to our clients and help enable their financial confidence,&#8221; said Jeff Jones, president and CEO of H&amp;R Block.
&#8220;We continue to make progress, gain new insight, and translate this client success into value for shareholders, and are well positioned to build on this momentum in fiscal 2025 and beyond.&#8221;
H&amp;R Block said full-year revenue growth of 4% was driven by higher net average charge and company-owned volumes in the Assisted category combined with greater online paid returns at a higher net average charge.
The company&#8217;s board authorized a new share repurchase program of $1.5 billion. During 2024, H&amp;R Block repurchased approximately eight million shares for $350 million.
H&amp;R Block&#8217;s board also increased its quarterly dividend by 17%, representing the seventh increase in the past seven years. The new quarterly dividend of $0.375 per share is payable on Oct. 3 to shareholders of record as of Sept. 5.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/08/40406069/applied-materials-q3-earnings-revenue-beat-eps-beat-demand-being-driven-by-race-for-ai-leadership-a">Applied Materials Q3 Earnings: Revenue Beat, EPS Beat, Demand Being Driven By &#8216;Race For AI Leadership&#8217; And More</a>
FY25 Outlook: H&amp;R Block expects full-year 2025 revenue to be in the range of $3.69 billion to $3.75 billion versus estimates of $3.575 billion, per<a href="http://pro.benzinga.com"> Benzinga Pro</a>. The company sees full-year adjusted earnings in the range of $5.15 to $5.35 per share versus estimates of $4.30 per share.
HRB Price Action: H&amp;R Block shares were up 9.24% in after-hours, trading at $62.66 at the time of writing, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

Guidance

After-Hours Center

Movers

H&R Block Q4 Earnings: Revenue Beat, EPS Beat, Strong Guidance, $1.5B Buyback, Stock Up 9%

AptarGroup Says Unidose Is The Delivery System Approved With Neffy (Epinephrine Nasal Spray), The First And Only Needle-Free Treatment Approved By FDA For Emergency Treatment Of Patients With Allergic Reactions (Type I)

Scotiabank analyst Konark Gupta maintains CAE (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CAE#TSX">CAE</a>) with a Sector Perform and lowers the price target from C$30 to C$29.

Price Target

Analyst Ratings

TSX:CAE

Scotiabank Maintains Sector Perform on CAE, Lowers Price Target to C$29

Scotiabank analyst Ben Isaacson maintains Lithium Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAC#NYSE">LAC</a>) with a Sector Perform and lowers the price target from $5.5 to $3.

Scotiabank Maintains Sector Perform on Lithium Americas, Lowers Price Target to $3

The Company&#39;s common stock will trade on a post-split basis under the same symbol &#39;GNS&#39; on NYSE American.&nbsp;

XChange TEC Receives Letters From Nasdaq Notifying That It Had Regained Listing Compliance

Scotiabank analyst Ben Isaacson maintains Lithium Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAAC#NYSE">LAAC</a>) with a Sector Outperform and lowers the price target from $8 to $4.25.

LAAC

Scotiabank Maintains Sector Outperform on Lithium Americas, Lowers Price Target to $4.25

Scotiabank analyst Sung Ji Nam maintains Illumina (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) with a Sector Outperform and lowers the price target from $176 to $164.

ILMN

Scotiabank Maintains Sector Outperform on Illumina, Lowers Price Target to $164

Throughout the last three months, 5 analysts have evaluated Northern Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $87.2, a high estimate of $93.00, and a low estimate of $84.00. Experiencing a 3.96% decline, the current average is now lower than the previous average price target of $90.80. 
<img src="https://www.benzinga.com/files/images/story/2024/1723755730_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Northern Trust. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian Bedell</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$84.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$93.00</td>
<td>$97.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Alexander Blostein</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$84.00</td>
<td>$94.00</td>
</tr>
<tr>
<td>David Konrad</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$85.00</td>
<td>$92.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Northern Trust. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Northern Trust compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Northern Trust's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Northern Trust's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/NTRS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Northern Trust analyst ratings.</a>
<h2>Get to Know Northern Trust Better</h2>
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 31, 2023, Northern Trust had assets under custody or administration of $15.4 trillion and assets under management of $1.4 trillion.
<h3>Breaking Down Northern Trust's Financial Performance</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Northern Trust's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 54.54%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: Northern Trust's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 32.56%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Northern Trust's ROE stands out, surpassing industry averages. With an impressive ROE of 7.69%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Northern Trust's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.57%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.16.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

NTRS

Cracking The Code: Understanding Analyst Reviews For Northern Trust

In the latest quarter, 32 analysts provided ratings for Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">14</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Snowflake, revealing an average target of $202.97, a high estimate of $240.00, and a low estimate of $130.00. Observing a downward trend, the current average is 4.39% lower than the prior average price target of $212.28. 
<img src="https://www.benzinga.com/files/images/story/2024/1723755720_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Snowflake. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$130.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$165.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$210.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Maintains</td>
<td>Buy</td>
<td>$220.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$200.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Bradley Sills</td>
<td>B of A Securities</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$200.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$195.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$183.00</td>
<td>$226.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$240.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Taz Koujalgi</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$210.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Gregg Moskowitz</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$180.00</td>
<td>$205.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$210.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Joe Goodwin</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$235.00</td>
<td>$235.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$210.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Frederick Havemeyer</td>
<td>Macquarie</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$200.00</td>
<td>$205.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$215.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Patrick Colville</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Outperform</td>
<td>$195.00</td>
<td>$207.00</td>
</tr>
<tr>
<td>William Power</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$200.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Mark Moerdler</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$185.00</td>
<td>$171.00</td>
</tr>
<tr>
<td>Mark Schappel</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$225.00</td>
<td>$235.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$191.00</td>
<td>$188.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$226.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$190.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Brad Reback</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$200.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Ittai Kidron</td>
<td>Oppenheimer</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$220.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Mark Murphy</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$185.00</td>
<td>$170.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$195.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Eric Heath</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$200.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$210.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$240.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Taz Koujalgi</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$210.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$220.00</td>
<td>$246.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Snowflake. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Snowflake compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Snowflake's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Snowflake's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SNOW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Snowflake analyst ratings.</a>
<h2>Delving into Snowflake's Background</h2>
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
<h3>Snowflake's Financial Performance</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Over the 3 months period, Snowflake showcased positive performance, achieving a revenue growth rate of 32.89% as of 30 April, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Snowflake's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -38.25%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Snowflake's ROE excels beyond industry benchmarks, reaching -6.51%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -4.08%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.06.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SNOW

Expert Outlook: Snowflake Through The Eyes Of 32 Analysts

Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on MarketAxess Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKTX#NASDAQ">MKTX</a>) in the last three months.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for MarketAxess Holdings, revealing an average target of $221.83, a high estimate of $225.00, and a low estimate of $215.00. Marking an increase of 0.23%, the current average surpasses the previous average price target of $221.33. 
<img src="https://www.benzinga.com/files/images/story/2024/1723755674_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The analysis of recent analyst actions sheds light on the perception of MarketAxess Holdings by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian Bedell</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$223.00</td>
<td>$218.00</td>
</tr>
<tr>
<td>Brian Bedell</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$218.00</td>
<td>$208.00</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$225.00</td>
<td>$222.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$225.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$215.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$225.00</td>
<td>$230.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MarketAxess Holdings. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of MarketAxess Holdings compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of MarketAxess Holdings's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of MarketAxess Holdings's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/MKTX/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MarketAxess Holdings analyst ratings.</a>
<h2>Get to Know MarketAxess Holdings Better</h2>
Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being U.S. investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.
<h3>Understanding the Numbers: MarketAxess Holdings's Finances</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: MarketAxess Holdings's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 9.91%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 32.85%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.91%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): MarketAxess Holdings's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.41%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.06.
<h2>Analyst Ratings: Simplified</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MKTX

Unveiling 6 Analyst Insights On MarketAxess Holdings

Across the recent three months, 14 analysts have shared their insights on AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $21.86, with a high estimate of $26.00 and a low estimate of $18.00. This upward trend is apparent, with the current average reflecting a 5.86% increase from the previous average price target of $20.65.
<img src="https://www.benzinga.com/files/images/story/2024/1723755663_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
A comprehensive examination of how financial experts perceive AT&amp;T is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Craig Moffett</td>
<td>MoffettNathanson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$18.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Gregory Williams</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$23.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Jeff Fan</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$24.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Vijay Jayant</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$19.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Richard Choe</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$24.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Jonathan Atkin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$19.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Timothy Horan</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$23.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Kannan Venkateshwar</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Maher Yaghi</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$23.00</td>
<td>$22.50</td>
</tr>
<tr>
<td>Jonathan Atkin</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$18.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>James Schneider</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Buy</td>
<td>$22.00</td>
<td>-</td>
</tr>
<tr>
<td>Bryan Kraft</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$26.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Timothy Horan</td>
<td>Oppenheimer</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>John Hodulik</td>
<td>UBS</td>
<td>Maintains</td>
<td>Buy</td>
<td>$24.00</td>
<td>$24.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to AT&amp;T. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of AT&amp;T compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for AT&amp;T's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of AT&amp;T's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/T/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on AT&amp;T analyst ratings.</a>
<h2>All You Need to Know About AT&amp;T</h2>
The wireless business contributes nearly 70% of AT&amp;T's revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&amp;T also has a sizable presence in Mexico, with 23 million customers, but this business only accounts for 4% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.
<h3>Understanding the Numbers: AT&amp;T's Finances</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Challenges: AT&amp;T's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -0.4%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 11.9%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): AT&amp;T's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.38% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): AT&amp;T's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.89%, the company showcases efficient use of assets and strong financial health.
Debt Management: AT&amp;T's debt-to-equity ratio surpasses industry norms, standing at 1.4. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>Analyst Ratings: Simplified</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 14 Takes On AT&T

Across the recent three months, 7 analysts have shared their insights on Tradeweb Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TW#NASDAQ">TW</a>), expressing a variety of opinions spanning from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $118.71, along with a high estimate of $125.00 and a low estimate of $108.00. This current average reflects an increase of 2.34% from the previous average price target of $116.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1723755634_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A clear picture of Tradeweb Markets's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian Bedell</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$113.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$125.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$117.00</td>
<td>$113.00</td>
</tr>
<tr>
<td>Kenneth Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$119.00</td>
<td>$118.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$124.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$125.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$108.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Tradeweb Markets. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Tradeweb Markets compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Tradeweb Markets's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Tradeweb Markets's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/TW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Tradeweb Markets analyst ratings.</a>
<h2>Delving into Tradeweb Markets's Background</h2>
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
<h3>A Deep Dive into Tradeweb Markets's Financials</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Tradeweb Markets showcased positive performance, achieving a revenue growth rate of 30.37% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Tradeweb Markets's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 29.43%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.14%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Tradeweb Markets's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.62%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Tradeweb Markets's debt-to-equity ratio is below the industry average at 0.0, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Significance of Analyst Ratings Explained</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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