Streetbeat News

Analyst Ratings

WEC

WEC Energy Group (NYSE:WEC) has received mixed analyst ratings over the past three months, with a shift towards a more bearish outlook. The average 12-month price target was lowered by 3.35% to $86.6. Analysts from firms like RBC Capital, Wells Fargo, and JP Morgan have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. WEC Energy Group's financial performance shows a decline in revenue growth by -2.28% for the quarter ending September 30, 2023, but it maintains strong profitability metrics such as a net margin of 16.14% and an ROE of 2.7%.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 4:00 pm

VOYA

Analysts have mixed views on Voya Financial (NYSE:VOYA), with recent evaluations showing a shift towards a more cautious stance. The average 12-month price target has been adjusted to $82.25, down from $84.50. This change reflects updated analyst ratings and price targets from firms like RBC Capital and Morgan Stanley, indicating a nuanced perspective on the company's future performance. Despite facing challenges such as a slight revenue decline and below-average net margin, Voya Financial's strong ROE suggests effective use of shareholder equity.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 4:00 pm

FLT

Seven analysts have recently updated their ratings on Fleetcor Technologies (NYSE:FLT), with a mix of bullish, somewhat bullish, and indifferent perspectives. The average 12-month price target for FLT has been raised to $296.00, indicating a 5.9% increase from the previous target. Analysts from firms like RBC Capital, Mizuho, Jefferies, Citigroup, Baird, and BMO Capital have adjusted their price targets and ratings, reflecting a positive outlook on FLT's financial performance, including its revenue growth, net margin, ROE, and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 4:00 pm

QNST

Stephens & Co. analyst John Campbell maintains an Overweight rating on QuinStreet (NASDAQ:QNST) and raises the price target from $15 to $17.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 4:00 pm

VOYA

RBC Capital analyst Kenneth Lee maintains an Outperform rating on Voya Financial (NYSE:VOYA) but lowers the price target from $85 to $83.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 3:56 pm

BABA

Goldman Sachs analyst Ronald Keung has maintained a Buy rating on Alibaba Group Holding (NYSE:BABA) but has lowered the price target from $121 to $105.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 3:55 pm

XPO

Goldman Sachs analyst Jordan Alliger maintains a Buy rating on XPO Logistics (NYSE:XPO) and raises the price target from $98 to $126.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 3:53 pm

VLTO

RBC Capital analyst Deane Dray maintains a Sector Perform rating on Veralto (NYSE:VLTO) and raises the price target from $78 to $91.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 3:53 pm

VFC

Goldman Sachs analyst Brooke Roach has maintained a Neutral rating on VF Corporation (VFC) and lowered the price target from $19 to $14.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 3:52 pm

SNAP

Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Snap Inc. (SNAP) and reduced the price target from $15 to $13.5.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 3:51 pm