Streetbeat News

Analyst Ratings

ENS

Oppenheimer analyst Noah Kaye reiterated an Outperform rating on EnerSys (NYSE:ENS) and raised the price target from $110 to $119. The company aims to double EPS in four years through growth acceleration and improving mix/OpEx leverage. ENS announced an MoU with Verkor to develop a domestic Li-ion gigafactory.

Portfolio Pulse from Shivani Kumaresan

June 16, 2023 | 6:08 pm

PCB

Piper Sandler analyst Matthew T. Clark initiates coverage of PCB Bancorp (NASDAQ:PCB) with a Neutral rating and a price target of $17. Despite concerns about the unguaranteed SBA loan portfolio and pressured net interest margin, Clark expects dividend raises, higher share buybacks, and acquisitions due to PCB's excess capital position.

Portfolio Pulse from Lekha Gupta

June 16, 2023 | 6:06 pm

GOOGL

SQSP

Squarespace (SQSP) shares are trading higher after announcing an agreement to acquire assets from Alphabet's (GOOGL) Google Domains business. The deal includes approximately 10 million hosted domains and is expected to close in Q3 2023, with benefits realized in 2024 and beyond.

Portfolio Pulse from Erica Kollmann

June 16, 2023 | 6:03 pm

RPAY

Repay Hldgs (NASDAQ:RPAY) has received 3 bullish, 1 somewhat bullish, and 2 indifferent analyst ratings in the last quarter. The average 12-month price target for RPAY is $10.25, down 17.34% from the previous average of $12.40.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 6:02 pm

ALLO

Allogene Therapeutics presented updated data from Phase 1 ALPHA/ALPHA2 trials of ALLO-501/501A for large B-cell lymphoma treatment, showing promising results. Analysts from William Blair and Canaccord Genuity see potential for first-in-class status and continued efficacy improvement.

Portfolio Pulse from Vandana Singh

June 16, 2023 | 6:02 pm

MRSN

Over the past 3 months, 4 analysts have published their opinion on Mersana Therapeutics (NASDAQ:MRSN) stock, with 3 bullish and 1 indifferent. The company has an average 12-month price target of $11.0, down 13.18% from the previous average of $12.67.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 6:02 pm

ARCC

Ares Capital (NASDAQ:ARCC) has received 2 bullish, 2 somewhat bullish, and 1 indifferent analyst rating in the last quarter, with an average price target of $19.7, implying an upside from the current price of $18.635. The average price target has decreased by 10.45% from the previous average of $22.00.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 6:02 pm

ORA

Over the past 3 months, 5 analysts have published their opinion on Ormat Technologies (NYSE:ORA) stock, with an average price target of $90.6, implying upside from the current price of $85.95. The current average represents a 1.52% decrease from the previous average price target of $92.00.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 6:01 pm

LADR

Over the past 3 months, 6 analysts have published their opinion on Ladder Cap (NYSE:LADR) stock, with an average price target of $11.25, representing an upside from the current price of $10.685. The current average is a 8.16% decrease from the previous average price target of $12.25.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 6:01 pm

XPEV

Analysts have provided indifferent ratings for XPeng (NYSE:XPEV) within the last quarter, with an average 12-month price target of $9.76, a decrease of 0.41% from the previous average price target of $9.80.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 6:00 pm