Streetbeat News

Analyst Ratings

NVST

Jefferies analyst Brandon Couillard downgraded Envista Holdings (NVST) from Buy to Hold and reduced the price target from $30 to $23.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:07 pm

PYPL

DZ Bank analyst Werner Eisenmann downgraded PayPal Holdings (NASDAQ:PYPL) from Buy to Hold and set a $60 price target.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:05 pm

UAL

Evercore ISI Group analyst Duane Pfennigwerth upgraded United Airlines Holdings (UAL) from In-Line to Outperform and increased the price target from $58 to $65.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:00 pm

LITE

Lumentum Holdings (NASDAQ:LITE) received mixed analyst ratings, with a shift towards a more bullish outlook in the last quarter. The average 12-month price target is $51.75, marking an 8.95% increase from the previous target. Financial analysis reveals challenges in revenue, profitability, and debt management, with significant declines in revenue growth and below-average net margin and ROE.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 12:00 pm

SPB

Spectrum Brands Holdings (NYSE:SPB) has been analyzed by 4 analysts, showing a shift towards a more cautious stance with recent ratings indicating an indifferent outlook. The average 12-month price target has been adjusted to $82.75, down from $91.00, reflecting a 9.07% decline. Analyst actions include both upgrades and downgrades, with price targets ranging from $73.00 to $89.00. Financial indicators reveal challenges in revenue growth, profitability, and asset utilization, with the company underperforming industry averages in several key metrics.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 12:00 pm

LULU

Analyst ratings for Lululemon Athletica (NASDAQ:LULU) show a mix of bullish to bearish sentiments, with a recent shift towards more positive evaluations. The average 12-month price target is now $503.38, marking a 6.07% increase from the previous target. This change reflects adjustments in ratings and price targets by key analysts from firms like Exane BNP Paribas, HSBC, and Keybanc, among others. Lululemon's financial performance, including an 18.7% revenue growth and a net margin of 11.28%, supports the optimistic outlook. The company's strong market presence and effective financial management are highlighted by its market capitalization, ROE, ROA, and low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 12:00 pm

UAL

Recent analyst evaluations of United Airlines Holdings (NASDAQ:UAL) show a mix of bullish and bearish perspectives, with an average 12-month price target of $61.5, reflecting an 11.15% increase from the previous target. Analysts from Evercore ISI Group, Susquehanna, B of A Securities, and Raymond James have adjusted their ratings and price targets based on market conditions and company performance. United Airlines's financial health indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management are also discussed, highlighting its strong market position but cautioning on its high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 12:00 pm

PCTY

Analysts have mixed views on Paylocity Holding (NASDAQ:PCTY), with ratings ranging from bullish to bearish. The average 12-month price target is $201.0, a decrease of 2.19% from previous estimates. Recent actions by analysts include maintaining, raising, and lowering ratings and price targets. Paylocity, a provider of payroll and HCM solutions, has shown strong market presence, revenue growth, and financial health but faces challenges in ROE and ROA.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 12:00 pm

NET

In the latest quarter, 4 analysts updated their ratings on Cloudflare (NYSE:NET), showing a shift towards a more bullish stance with an average 12-month price target of $103.5, up 26.61% from the previous target. All analysts raised their price targets, with the highest at $135.00. Cloudflare's financial performance includes a solid revenue growth rate of 32.2%, a net margin of -7.01%, and an ROE of -3.51%, indicating strong financial health and efficient cost management.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 12:00 pm

BILL

Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on BILL Holdings (NYSE:BILL) and maintained a $95 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:52 am