Streetbeat News

Analyst Ratings

T

Analysts have updated their ratings and price targets for AT&T (NYSE:T), with an average 12-month price target of $21.25, up from the previous $19.00. The ratings range from 'Equal-Weight' to 'Buy', with recent upgrades from Barclays, Deutsche Bank, Oppenheimer, and Wells Fargo. AT&T's financials show strong market position, revenue growth, profitability, and efficient use of assets. The company's wireless business is a major revenue contributor, and it holds a 70% stake in DirecTV.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

EURN

Jefferies has downgraded Euronav (NYSE:EURN) from a previous rating to Hold, adjusting the price target from $21.00 to $18.00. Euronav's shares are currently trading at $17.66, down 0.17% over the last 24 hours. The new price target suggests a modest upside potential of 1.93%. Euronav operates a fleet of vessels for maritime shipping and storage of oil and petroleum products, with the tankers segment being the primary revenue generator.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

PHM

Barclays has reaffirmed its Overweight rating on PulteGroup (NYSE:PHM) and increased its price target from $120.00 to $126.00. PulteGroup's stock is currently trading at $105.99, and the new price target suggests a potential upside of 18.88%. PulteGroup is a major homebuilder in the U.S., offering single-family homes and financial services like mortgage financing and title agency services.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

OLN

Goldman Sachs has maintained a Neutral rating for Olin Corporation (NYSE:OLN) but increased its price target from $55.00 to $61.00. Olin's shares are currently trading at $53.48, and the new price target suggests a potential upside of 14.06%. Olin Corp is a manufacturer and seller of chemicals and chemical-based products, with the majority of its revenue generated in the United States.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

ELS

Equity Lifestyle Props (NYSE:ELS) has been rated by 4 analysts over the last three months, with all maintaining an 'Indifferent' stance. The 12-month price target average has slightly decreased to $71.25. Analysts Brad Heffern of RBC Capital and Anthony Hau of Truist Securities have made recent adjustments to their price targets. ELS is a residential REIT with a strong market presence, impressive revenue growth, and high net margin, but faces challenges with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

MDC

Evercore ISI Group has downgraded M.D.C. Holdings (NYSE:MDC) to In-Line, adjusting the price target from $57.00 to $63.00. MDC's shares are currently trading at $62.70, and the new price target suggests a modest increase of 0.48%. M.D.C. Holdings is a holding company that operates in home construction and financial services, with significant revenue from Colorado, California, Washington, and Arizona.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

LXU

UBS has downgraded LSB Industries (NYSE:LXU) from a previous rating to Neutral and reduced the price target from $11.00 to $9.00. LSB Industries' shares are currently trading down at $7.98, which is a 3.86% decrease. The new price target suggests a potential upside of 12.78% from the current share price. LSB Industries is a manufacturer and seller of chemical products for agricultural, industrial, and mining markets in the United States.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

PCH

Analysts have maintained a neutral stance on PotlatchDeltic (NASDAQ:PCH) with three indifferent ratings over the past quarter. The average 12-month price target is $49.00, down from $50.00, with a high estimate of $51.00 and a low of $48.00. PotlatchDeltic, a REIT managing forestland and producing wood products, faces revenue challenges with a -13.43% decline and has below-average profitability indicators such as ROE and ROA. However, its lower debt-to-equity ratio is a positive sign.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

MPC

Raymond James has reaffirmed its Strong Buy rating on Marathon Petroleum (NYSE:MPC) and increased its price target from $175.00 to $185.00. Despite a slight decline in share price over the last 24 hours, the new price target suggests a potential upside of 9.29%. Marathon Petroleum is a major independent refiner with significant throughput capacity and renewable diesel production facilities.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

SBUX

RBC Capital analyst Christopher Carril has reiterated a 'Sector Perform' rating on Starbucks (NASDAQ:SBUX) and maintained a price target of $102.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:59 pm