Streetbeat News

Analyst Ratings

GOOGL

Stifel analyst Scott Devitt maintains a Buy rating on Alphabet (NASDAQ:GOOGL) and raises the price target from $174 to $196.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 3:12 pm

AOS

Stifel analyst Nathan Jones maintains a Hold rating on A.O. Smith (AOS) and lowers the price target from $91 to $90.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 3:10 pm

TW

Tradeweb Markets (NASDAQ:TW) has been the subject of 8 analyst ratings over the last three months, showing a diverse range of opinions from bullish to bearish. The average 12-month price target for TW has risen to $116.62, up 4.48% from the previous $111.62. Analysts from firms including Barclays, Morgan Stanley, and JP Morgan have raised their price targets, reflecting optimism about the company's performance. Tradeweb Markets, a leading fixed-income trading platform, has shown a revenue growth of 26.26% and a net margin of 24.11%, outperforming industry benchmarks.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 3:01 pm

FIBK

First Interstate BancSys (NASDAQ:FIBK) has been the subject of 5 analyst reviews over the last three months, showing a shift towards a more cautious stance with 4 indifferent ratings recently. Analysts have updated their price targets, indicating a positive outlook with an average target of $28.4, up from $26.33. Despite facing revenue challenges with a -15.9% growth over 3 months, FIBK demonstrates strong financial health with exceptional net margin and ROE, but carries a higher debt-to-equity ratio than industry averages.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 3:01 pm

MARA

High-rolling investors have shown a bearish sentiment on Marathon Digital Holdings (NASDAQ:MARA), with options data revealing a mix of bullish and bearish trades. The significant options activity includes 17 trades, with a notable put for $35,250 and 16 calls totaling $588,404, indicating a price focus between $11.0 and $50.0. The current market status of MARA shows a trading volume of 15,464,089, a price increase of 0.84% to $19.17, and an upcoming earnings announcement in 13 days. Analysts, including one from JP Morgan, have set an average target price of $16.5, with a specific underweight rating and a target price of $16.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 3:01 pm

CUBI

Analysts have mixed views on Customers Bancorp (NYSE:CUBI), with recent evaluations showing a shift towards a more bullish stance. The average 12-month price target has been raised to $68.5, indicating a 9.16% increase from the previous target. The company's financial performance is strong, with significant revenue growth, high net margin, and exceptional ROE and ROA, despite challenges in debt management.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 3:00 pm

IRDM

Iridium Communications' stock price increased following Barclays' decision to maintain an Overweight rating and raise its price target from $42 to $44.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 3:00 pm

BXMT

Recent analyst evaluations of Blackstone Mortgage Trust (BXMT) show a diverse range of opinions, with a general shift towards a more cautious outlook. Over the last three months, 10 analysts have provided ratings, with the majority being indifferent. The average 12-month price target has been adjusted down by 6.15% to $19.85. Analysts from firms like Keefe, Bruyette & Woods, JP Morgan, UBS, Wells Fargo, BTIG, and B of A Securities have lowered their price targets, reflecting concerns over the company's market position, revenue decline, and financial metrics such as net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 3:00 pm

SPSC

SPS Commerce (NASDAQ:SPSC) has received mixed analyst ratings over the past three months, with an updated average 12-month price target of $201.0, reflecting a 16.86% increase from the previous target of $172.00. Analysts from Baird, Needham, and Citigroup have adjusted their ratings and price targets, indicating a generally positive outlook. SPS Commerce, a provider of cloud-based supply chain management services, has shown a revenue growth of 18.81% and maintains strong financial metrics such as a high net margin of 13.11% and an ROE of 2.94%, despite a market capitalization below industry averages.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 3:00 pm

SAH

Sonic Automotive's stock (SAH) experienced a rise after B of A Securities upgraded its rating from Underperform to Buy and increased its price target from $55 to $68.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:55 pm