Streetbeat News

Analyst Ratings

TVTX

Canaccord Genuity has maintained a Buy rating on Travere Therapeutics and increased the price target from $18 to $23, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:05 pm

JCI

Johnson Controls International (NYSE:JCI) is expected to announce a new CEO soon, which could signal a strategic shift. BofA Securities upgraded JCI to 'Buy' with a price target of $80, citing potential growth in data center revenues and upcoming divestitures.

Portfolio Pulse from Priya Nigam

September 10, 2024 | 3:04 pm

MBUU

Analysts have mixed ratings for Malibu Boats (NASDAQ:MBUU), with recent price targets averaging $39.25, down from $42.00. The company faces a significant revenue decline but maintains strong net margins and ROE. Analysts' actions reflect varied expectations for Malibu's future performance.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:01 pm

LAD

Lithia Motors (NYSE:LAD) has received diverse analyst ratings over the past three months, with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $332.5, indicating positive expectations. Analysts have raised their ratings and price targets, reflecting confidence in Lithia's market performance and growth potential.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:01 pm

PL

Planet Labs (NYSE:PL) has received mixed analyst ratings over the past three months, with a slight negative shift in sentiment. Analysts have decreased the average 12-month price target by 4.86%, with a current average target of $4.7. The company's financial performance shows strong revenue growth but challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:00 pm

SAH

Sonic Automotive (NYSE:SAH) has received varied analyst ratings over the past three months, with a recent increase in the average 12-month price target to $69.5. Analysts have shown a mix of bullish and somewhat bullish sentiments, with notable actions including JP Morgan's Rajat Gupta raising the price target to $75.00. Despite a revenue decline, Sonic Automotive demonstrates strong profitability and effective financial management.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:00 pm

AN

Over the past three months, analysts have shown varied opinions on AutoNation (NYSE:AN), with recent ratings indicating a shift towards a more neutral stance. The average 12-month price target has increased by 9.87% to $189.25. Despite a revenue decline of 5.95%, AutoNation maintains strong profitability metrics.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:00 pm

PDD

Investors with significant capital have shown a bearish sentiment towards PDD Holdings, as observed through recent options trading activity. Benzinga's options scanner identified 9 unusual trades, with a majority being bearish. Analysts maintain mostly positive ratings, with price targets ranging from $120 to $185.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:00 pm

GPI

Group 1 Automotive (NYSE:GPI) has been evaluated by four analysts over the past three months, with ratings ranging from bullish to indifferent. The average 12-month price target has increased by 9.09% to $375.0. Analysts from JP Morgan, Morgan Stanley, and B of A Securities have adjusted their ratings and price targets, reflecting evolving market conditions. Group 1 Automotive shows strong financial performance with a positive revenue trend, high net margin, and efficient asset management.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:00 pm

RLAY

JP Morgan analyst Eric Joseph maintains an Overweight rating on Relay Therapeutics but lowers the price target from $23 to $21.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:58 pm