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Analyst Ratings

BABA

12 analysts have recently updated their evaluations of Alibaba Group Holding (NYSE:BABA), showing a mix of bullish to bearish sentiments. The average 12-month price target is now $113.95, down from $132.40, indicating a 13.94% decline. Analysts from firms like Macquarie, Baird, and JP Morgan have adjusted their price targets and ratings, reflecting changes in market conditions and Alibaba's performance. Alibaba's financials show strong revenue growth and net margin but a below-average return on equity.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 12:00 pm

SLAB

Four analysts have recently updated their ratings on Silicon Laboratories (NASDAQ:SLAB), showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target for SLAB has been raised to $146.25, indicating a 21.54% increase from the previous target. Analysts from JP Morgan, Barclays, and Stifel have raised their price targets, reflecting optimism about the company's future performance despite a -24.48% decline in revenue growth and a market capitalization below industry benchmarks. SLAB's net margin and ROE outperform industry standards, suggesting efficient cost management and financial health.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 12:00 pm

ALLY

Ally Financial (NYSE:ALLY) has been analyzed by 9 analysts, showing a mix of ratings from bullish to bearish. The average 12-month price target is $38.89, up 18.57% from the previous $32.80, with a high of $47.00 and a low of $29.00. Analyst actions include ratings from 'Overweight' to 'Underweight' and adjustments in price targets. Ally Financial, a major consumer auto lender, has shown a revenue growth of 5.39% as of December 31, 2023, but struggles with below-industry averages in net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 12:00 pm

EMR

Four analysts have recently updated their ratings on Emerson Electric (NYSE:EMR), with a mix of bullish and neutral perspectives. The average 12-month price target is now $114.5, marking a 6.02% increase from the previous target of $108.00. Analysts from Keybanc, Mizuho, Wells Fargo, and UBS have adjusted their price targets and ratings based on Emerson Electric's performance and market conditions. Emerson Electric, known for its automation equipment and services, has shown strong financial performance with a notable revenue growth rate, high net margin, and effective debt management.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 12:00 pm

APD

UBS analyst Joshua Spector downgraded Air Products & Chemicals (APD) from Buy to Neutral and reduced the price target from $328 to $241, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:00 pm

DFS

Discover Financial Services (NYSE:DFS) was analyzed by 14 analysts, showing a mix of bullish to bearish sentiments. Recent ratings indicate a shift towards a more cautious outlook, with a notable decrease in bullish ratings over the last 30 days. The average 12-month price target for DFS is $116.07, reflecting a 2.49% increase from the previous target. Analyst actions include both upgrades and downgrades, with price targets ranging from $94.00 to $140.00. Discover Financial's market performance indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management were also discussed, highlighting its strengths and areas for improvement.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 12:00 pm

RBLX

Roblox Corp (NYSE:RBLX) reported a 25% Y/Y increase in Q4 FY23 Bookings to $1.13 billion, surpassing the $1.08 billion consensus. GAAP EPS loss was 52 cents, better than the expected 55 cents loss. Revenue grew 30% Y/Y to $749.9 million. DAUs increased by 22% to 71.5 million, and Hours Engaged rose by 21% to 15.5 billion. CEO David Baszucki expressed confidence in reaching over 1 billion DAUs. Q1 and FY24 bookings forecasts exceed consensus. Following the report, RBLX shares surged 10.2%, and analysts from Needham, Goldman Sachs, and Barclays raised their price targets.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 11:59 am

SLAB

JP Morgan analyst Peter Peng maintains an Overweight rating on Silicon Laboratories (NASDAQ:SLAB) and raises the price target from $145 to $165.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:58 am

WERN

Stifel analyst J. Bruce Chan downgraded Werner Enterprises (NASDAQ:WERN) from Buy to Hold and reduced the price target from $45 to $42.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:57 am

BABA

Macquarie analyst Ellie Jiang downgrades Alibaba Gr Holding (NYSE:BABA) from Outperform to Neutral and sets a price target of $85.4.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:54 am