Streetbeat News

Analyst Ratings

NEM

Newmont (NYSE:NEM) has seen a surge in options activity, with 58% of traders bullish and 42% bearish. Notable trades include both puts and calls, with a price target range from $25.0 to $55.0. Newmont, the world's largest gold miner, recently acquired Newcrest, boosting its production and reserves. Currently, NEM's stock is down by -2.14% at $30.61, with analysts from BMO Capital and RBC Capital giving price targets of $56 and $40, respectively.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:00 pm

FLNC

Fluence Energy (NASDAQ:FLNC) has received mixed analyst ratings over the past three months, with an average 12-month price target of $27.73, up 5.44% from the previous target. Analysts' actions range from maintaining to raising their ratings and price targets, reflecting varying perspectives on the company's performance and market position. Fluence Energy's financial performance shows positive revenue growth but challenges in net margin, ROE, and ROA, with a conservative debt management approach.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:00 pm

EGLE

Eagle Bulk Shipping (NYSE:EGLE) has been evaluated by 4 analysts over the last three months, with all maintaining an indifferent stance. The average 12-month price target for EGLE has been adjusted to $53.55, down from $63.00, indicating a 15.0% decrease. The company's financial performance shows challenges in revenue growth, profitability, and debt management, with a notable revenue decline of -55.42% over the past 3 months and below-average net margin and ROE.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:00 pm

ESS

Essex Property Trust (NYSE:ESS) has received mixed analyst ratings over the past quarter, with a total of 9 analysts offering diverse opinions. The recent assessments show a shift towards a more neutral stance in the last 30 days compared to previous months. Analysts have updated their price targets, with the current average target at $246.33, marking a 4.49% increase from the previous average of $235.75. The company's financial performance indicates strong market confidence, with notable revenue growth, net margin, ROE, and ROA, despite lagging behind industry peers in revenue growth rate.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:00 pm

FDX

Morgan Stanley analyst Ravi Shanker maintains an Equal-Weight rating on FedEx (NYSE:FDX) and lowers the price target from $205 to $195.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 3:57 pm

HD

RBC Capital analyst Steven Shemesh has maintained a 'Sector Perform' rating on Home Depot (HD) and increased the price target from $299 to $377.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 3:57 pm

TRGP

RBC Capital analyst Elvira Scotto maintains an Outperform rating on Targa Resources (NYSE:TRGP) and raises the price target from $106 to $109.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 3:53 pm

ESS

Morgan Stanley analyst Adam Kramer has maintained an Equal-Weight rating on Essex Property Trust (NYSE:ESS) and increased the price target from $227 to $230.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 3:52 pm

EQR

Morgan Stanley analyst Adam Kramer has maintained an Equal-Weight rating on Equity Residential (NYSE:EQR) and increased the price target from $58 to $64.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 3:50 pm

DCBO

Morgan Stanley analyst Josh Baer maintains an Overweight rating on Docebo (NASDAQ:DCBO) and raises the price target from $63 to $67.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 3:49 pm