Streetbeat News

Analyst Ratings

GIII

G-III Apparel Group (NASDAQ:GIII) has been analyzed by five analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has increased to $31.6, with a high of $36.00 and a low of $27.00. Analysts have adjusted their ratings and price targets, reflecting their views on G-III's market position and financial performance. Despite revenue challenges, G-III shows strong profitability, effective cost management, and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 1:01 pm

ALAB

Astera Labs (NASDAQ:ALAB) has received mixed analyst ratings, with a recent trend of lowered price targets. The average 12-month price target is now $67.42, down from $80.83. Despite a significant revenue growth rate of 619.03%, the company faces challenges with profitability and returns on equity and assets.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 1:00 pm

RDDT

Over the past three months, 21 analysts have evaluated Reddit (NYSE:RDDT), showing a range of opinions from bullish to bearish. The average 12-month price target has increased by 8.78% to $72.62. Reddit has shown strong revenue growth and financial performance, with a notable net margin and return on equity.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 1:00 pm

OWL

Six analysts have recently assessed Blue Owl Capital (NYSE:OWL), with ratings ranging from bullish to indifferent. The average 12-month price target has increased slightly to $21.58. Analysts have adjusted their ratings and price targets, reflecting a generally positive sentiment. Blue Owl Capital has shown strong revenue growth but faces challenges with profitability and debt management.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 1:00 pm

BTDR

Northland Capital Markets has initiated coverage on Bitdeer Technologies with an Outperform rating and set a price target of $13.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:00 pm

NARI

Inari Medical (NASDAQ:NARI) received mixed analyst ratings, with a slight downward trend in price targets. Analysts set a 12-month average price target of $58.78, down 2.31% from the previous $60.17. The company shows strong revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 1:00 pm

BMEA

EF Hutton has initiated coverage on Biomea Fusion with a Buy rating and set a price target of $128, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:57 pm

SCS

Noble Capital Markets has initiated coverage on Steelcase (NYSE:SCS) with an Outperform rating and set a price target of $16.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:57 pm

MORN

MSCI

Morningstar Inc (MORN) and Msci Inc (MSCI) are identified as potentially overbought stocks in the financial sector, with RSI values above 70. Analysts have initiated coverage with positive ratings, but investors should be cautious of momentum indicators.

Portfolio Pulse from Avi Kapoor

October 09, 2024 | 12:56 pm

RDDT

Reddit's stock is trading higher following Needham's decision to maintain a Buy rating and increase the price target from $75 to $85, along with raised profit estimates for FY24-FY26.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:55 pm