Streetbeat News

Analyst Ratings

AMP

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Ameriprise Financial (AMP) and increased the price target from $394 to $400.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 4:02 pm

IR

UBS analyst Markus Mittermaier has reaffirmed a Buy rating on Ingersoll Rand (NYSE:IR) and increased the price target from $78 to $93, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 4:01 pm

CTVA

Eight analysts have recently updated their ratings on Corteva (NYSE:CTVA), with a mix of bullish and indifferent stances. The average 12-month price target is now $51.2, down from $60.70, with a high estimate of $64.00 and a low of $2.59. Analysts have lowered their price targets, reflecting changes in market dynamics and company performance. Corteva, an agriculture company, has seen a -6.73% decline in revenue growth and has below-average net margins and ROE/ROA, but a favorable debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 4:00 pm

BKU

BankUnited (NYSE:BKU) received mixed analyst ratings with 2 neutral and 2 sell ratings in the past three months. The average 12-month price target is $29.25, up from the previous $28.67. Wedbush's David Chiaverini lowered his target to $31 from $34, Wells Fargo's Steven Shaw raised his to $28 from $26, UBS's Brody Preston set a target of $29, and Goldman Sachs's Ryan Nash raised his to $29 from $26. BankUnited is a regional bank with challenges in market capitalization, revenue growth, net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 4:00 pm

VRNS

Varonis Systems (NASDAQ:VRNS) has received mixed analyst ratings over the past three months, with 7 analysts offering views ranging from somewhat bullish to indifferent. The average 12-month price target for VRNS has been raised to $45.71, up 24.01% from the previous target of $36.86. Analysts from Wells Fargo, DA Davidson, Citigroup, JP Morgan, RBC Capital, and Morgan Stanley have all raised their price targets for VRNS, indicating a positive shift in expectations. Varonis Systems, a cybersecurity vendor, is transitioning to cloud-based services and faces financial challenges such as revenue decline, below-average net margin, and ROE, as well as a cautious approach to debt management.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 4:00 pm

GD

UBS analyst Gavin Parsons has maintained a Neutral rating on General Dynamics (NYSE:GD) and increased the price target from $286 to $296.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:59 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

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Portfolio Pulse from RIPS

January 29, 2024 | 3:59 pm

AMD

Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on Advanced Micro Devices (AMD) and increased the price target from $128 to $193.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:56 pm

AMD

B of A Securities analyst Vivek Arya has maintained a Buy rating on Advanced Micro Devices (AMD) and increased the price target from $165 to $195. This reflects a positive outlook on AMD's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:54 pm

CL

UBS analyst Peter Grom has maintained a Buy rating on Colgate-Palmolive (NYSE:CL) and increased the price target from $93 to $95.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:51 pm