Streetbeat News

Analyst Ratings

MU

Cantor Fitzgerald analyst C J Muse has reiterated an Overweight rating on Micron Technology (NASDAQ:MU) and maintained a $100 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 4:03 pm

EHAB

Analysts have mixed views on Enhabit (NYSE:EHAB), with recent ratings ranging from bullish to indifferent. The average 12-month price target is now $11.5, down from $13.50, reflecting a 14.81% decline. Analysts from TD Cowen, UBS, and Jefferies have adjusted their ratings and price targets, indicating varied expectations for the company's performance. Enhabit's financials show a -2.79% revenue decline over 3 months, a net margin of -0.93%, and a debt-to-equity ratio of 0.91, suggesting challenges but also areas of strong performance.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:01 pm

CCL

Recent unusual options activity in Carnival (NYSE:CCL) indicates a bearish sentiment among deep-pocketed investors, with a notable division in sentiment (42% bullish, 57% bearish). The activity includes 14 extraordinary options trades, with a price target window from $15.0 to $24.0. Current trading volume is 9,691,321, with a slight price decrease of -0.24%, and the stock price at $16.33. An analyst from Stifel maintains a Buy rating with a target price of $26. Carnival is the largest global cruise company, having rebounded to its pre-COVID guest levels in 2023.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:01 pm

BRCC

Analysts have mixed views on BRC Inc (NYSE:BRCC), with recent ratings showing a shift towards a more neutral stance. The average 12-month price target has significantly increased to $7.19 from $3.50, indicating a positive outlook. BRC's financial performance shows strong revenue growth but challenges in profitability and debt management. The company, serving premium coffee and merchandise to military and first responders, has seen its market capitalization fall below industry benchmarks.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

SQ

Block (NYSE:SQ) has received diverse analyst ratings over the last three months, with a total of 15 analysts offering evaluations ranging from bullish to bearish. The average 12-month price target for Block is $88.93, marking a 13.29% increase from the previous average of $78.50. Analysts have adjusted their ratings and price targets, reflecting changing market dynamics and Block's performance. The company has shown impressive revenue growth of 24.13% as of December 31, 2023, but faces challenges in profitability and efficiency, with below-average net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

DKS

Analyst ratings for Dick's Sporting Goods (NYSE:DKS) show a mix of bullish to bearish sentiments, with recent actions including rating upgrades and raised price targets. The average 12-month price target is now $187.0, up 20.18% from the previous $155.60. Analysts from B of A Securities, Telsey Advisory Group, Wells Fargo, and Truist Securities have raised their price targets, reflecting optimism about DKS's market position, revenue growth, and financial performance. Despite carrying substantial debt, DKS's strong profitability metrics like net margin, ROE, and ROA stand out in the Consumer Discretionary sector.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

COLD

Americold Realty Trust (NYSE:COLD) has received mixed analyst ratings over the last three months, with a shift towards a more cautious outlook. The average 12-month price target was reduced by 6.06% to $31.0. Analysts from Truist Securities, JP Morgan, Raymond James, and RBC Capital have adjusted their ratings and price targets, reflecting changes in market dynamics and company performance. Americold, a major player in temperature-controlled warehouses, has seen a decline in revenue by -5.85% and faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

SPWR

In the last three months, 13 analysts have provided diverse ratings on SunPower (NASDAQ:SPWR), with a current average price target of $4.06, down 17.14% from $4.90. The ratings range from bullish to bearish, with most analysts being neutral. Recent actions include both lowered and raised price targets. SunPower faces challenges in revenue growth, net margin, ROE, ROA, and carries a high debt-to-equity ratio, indicating potential financial difficulties.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

MGNX

Citigroup analyst Yigal Nochomovitz has maintained a Buy rating on Macrogenics (NASDAQ:MGNX) and increased the price target from $13 to $25.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 3:59 pm

NAPA

Citigroup analyst Alexandra Davis maintains a Buy rating on Duckhorn Portfolio (NYSE:NAPA) but lowers the price target from $12.5 to $11.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 3:57 pm