Streetbeat News

Analyst Ratings

CCL

Carnival Corporation shares are experiencing an uptick following an upgrade from Wells Fargo, which changed its rating from Equal-Weight to Overweight.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:39 pm

BTCUSD

Arthur Hayes, BitMEX founder, predicts a potential 20-30% correction in Bitcoin's price by early March 2024 due to economic indicators and market trends. He cites the declining Reverse Repo Program balance, the expiration of the Bank Term Funding Program, and the Federal Reserve's interest rate decision as key factors. Despite this, he also sees a possibility for Bitcoin's price to surge above $60,000 driven by U.S.-listed spot Bitcoin ETFs. Hayes plans to short the crypto market with Bitcoin puts in the short term and then buy Bitcoin post-correction.

Portfolio Pulse from Murtuza Merchant

January 05, 2024 | 4:36 pm

DNB

Dun & Bradstreet Holdings' stock (DNB) has seen an uptick in trading after Raymond James upgraded the stock from Outperform to Strong Buy, with a new price target set at $18.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:17 pm

AGL

JP Morgan analyst Lisa Gill has downgraded Agilon Health (NYSE:AGL) from Overweight to Neutral and reduced the price target from $17 to $9.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:15 pm

CYT

B of A Securities analyst Tazeen Ahmad has downgraded Cyteir Therapeutics (NASDAQ:CYT) from Neutral to Underperform and set a price target of $3. This downgrade suggests a bearish outlook on the company's stock by the analyst.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:14 pm

ESE

Sidoti & Co. analyst John Franzreb has downgraded ESCO Technologies (NYSE:ESE) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:09 pm

OMC

Macquarie analyst Tim Nollen has upgraded Omnicom Group (NYSE:OMC) from Neutral to Outperform and increased the price target from $80 to $100.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:06 pm

EGLE

Eagle Bulk Shipping (NYSE:EGLE) has received mixed analyst ratings over the past three months, with 2 bullish and 2 indifferent ratings. The average 12-month price target is now $53.3, down from $64.00, indicating a 16.72% decrease. Analysts from Noble Capital Markets, B. Riley Securities, Jefferies, and Stifel have provided recent evaluations, with some maintaining and others lowering their price targets. Eagle Bulk Shipping's financial health shows challenges, with a -55.42% revenue decline, below-average net margin, ROE, and ROA, and a high debt-to-equity ratio of 0.85.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 4:01 pm

DT

Dynatrace (NYSE:DT) has been analyzed by 6 analysts, showing a positive sentiment with 5 bullish and 1 somewhat bullish ratings. The 12-month price targets have an average of $62.5, with a high of $70 and a low of $58, marking a 13.64% increase from the previous average of $55. Analysts have adjusted their ratings and price targets, reflecting their response to recent developments. Dynatrace's financial health indicators show a lower market cap, high revenue growth of 25.91%, exceptional net margin of 10.18%, but lower ROE and ROA compared to industry benchmarks, and a conservative debt-to-equity ratio of 0.04.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 4:01 pm

NCLH

Analysts have provided mixed reviews on Norwegian Cruise Line (NYSE:NCLH) with 9 different ratings over the last three months. The average 12-month price target is now $18.17, down from $20.50, with a high estimate of $32.00 and a low of $13.50. Several analysts have lowered their price targets and ratings, reflecting a cautious outlook on the company's financial performance, which includes strong revenue growth but concerns over net margin, ROA, and high debt levels. Norwegian Cruise Line's ROE is notably high at 152.4%, indicating efficient use of equity capital.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 4:01 pm