Streetbeat News

Analyst Ratings

VMC

Vulcan Materials (NYSE:VMC) has received mixed analyst ratings over the past three months, with a recent shift towards more bullish perspectives. The average 12-month price target for VMC has been raised to $260.57, indicating a 5.64% increase from the previous target. Analysts from firms like RBC Capital, Goldman Sachs, and Morgan Stanley have adjusted their ratings and price targets, reflecting evolving market conditions and Vulcan Materials' performance. Despite challenges in revenue growth and financial metrics such as ROE and ROA, Vulcan Materials remains the largest U.S. producer of construction aggregates.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 8:01 pm

VRTX

Vertex Pharmaceuticals (NASDAQ: VRTX) has received diverse analyst ratings over the last three months, with a shift towards more bullish sentiments in recent evaluations. The average 12-month price target for VRTX has increased to $438.1, up 5.86% from the previous target. Analysts from firms like Cantor Fitzgerald, JP Morgan, and Goldman Sachs have adjusted their price targets and ratings, reflecting optimism about Vertex's market performance and its portfolio of treatments for diseases like cystic fibrosis and beta thalassemia.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 8:00 pm

FRFHF

RBC Capital analyst Scott Heleniak has maintained an Outperform rating on Fairfax Financial Holdings (FRFHF) and increased the price target from $1085 to $1200.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:42 pm

EVTL

Canaccord Genuity analyst Austin Moeller upgraded Vertical Aerospace (NYSE:EVTL) from Hold to Buy and increased the price target from $1 to $1.5.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:38 pm

SQ

J.P.Morgan analyst Tien-tsin Huang maintains an Overweight rating on Block, Inc. (NYSE:SQ) with a $90 target. Block's Q4 earnings are anticipated on February 22, 2024. The focus is on CEO Jack Dorsey's efforts to boost Square's GPV growth and management's commitment to cost management. Huang expects Block to set Rule of 40 targets by 2026, earlier than consensus. U.S. network volumes are expected to decelerate ~1ppt sequentially in Q4, aligning with the forecast. Severe weather in January may affect Q1 outlook, with Square GPV growth projected in the low-double digits for 2024. SQ shares dropped 0.91% to $65.04.

Portfolio Pulse from Nabaparna Bhattacharya

February 20, 2024 | 7:29 pm

TTI

Northland Capital Markets has initiated coverage on Tetra Technologies (TTI) with an Outperform rating and set a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:27 pm

CHTR

Rosenblatt analyst Barton Crockett downgrades Charter Communications (CHTR) from Buy to Neutral and lowers the price target from $472 to $335.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:22 pm

VZIO

Barrington Research analyst James Goss downgraded VIZIO Holding (NYSE:VZIO) from Outperform to Market Perform, indicating a change in the firm's outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:19 pm

VZIO

Needham analyst Laura Martin downgrades VIZIO Holding (NYSE:VZIO) from Buy to Hold, indicating a change in the firm's outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:17 pm

RAPT

Cantor Fitzgerald analyst Prakhar Agrawal downgraded RAPT Therapeutics (NASDAQ:RAPT) from Overweight to Neutral, indicating a shift in the firm's outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:14 pm