Streetbeat News

Analyst Ratings

LMT

Lockheed Martin (NYSE:LMT) has seen significant options trading activity, with a mix of bearish and bullish sentiment among investors. Analysis of 14 trades shows 42% bullish and 57% bearish positions, with an equal number of puts and calls traded. Whales target a price range of $400 to $660 for LMT over the next 3 months. The stock is currently trading at $429, down 0.47%, with neutral RSI indicators. Analysts have varying ratings on LMT, with a consensus target price of $499.2. Notable ratings include RBC Capital's Sector Perform at $470, Susquehanna's Positive at $540, Citigroup's Buy at $508, Morgan Stanley's Equal-Weight at $503, and UBS's Neutral at $475.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 8:00 pm

HFWA

DA Davidson analyst Jeff Rulis has maintained a Buy rating on Heritage Financial (NASDAQ:HFWA) but has reduced the price target from $24 to $23.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:00 pm

SAP

SAP (NYSE:SAP) has been analyzed by 4 analysts, showing a positive sentiment shift with 2 bullish, 1 somewhat bullish, and 1 indifferent rating. The average 12-month price target for SAP is now $194.0, up 18.29% from the previous $164.0. Analysts from Barclays, Goldman Sachs, and BMO Capital have raised their price targets, reflecting optimism in SAP's market performance. Financial insights reveal SAP's strong net margin and ROA, but lower ROE compared to industry benchmarks, and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 8:00 pm

TCBK

DA Davidson analyst Jeff Rulis has maintained a Buy rating on TriCo Bancshares (NASDAQ: TCBK) but has reduced the price target from $49 to $45.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 7:58 pm

BWB

DA Davidson analyst Jeff Rulis has reaffirmed a Buy rating on Bridgewater Bancshares (NASDAQ:BWB) and increased the price target from $15 to $16.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 7:55 pm

TSLA

Deutsche Bank analyst Emmanuel Rosner has maintained a Buy rating on Tesla (NASDAQ:TSLA) but has reduced the price target from $260 to $250.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 7:50 pm

WDC

Mizuho analyst Vijay Rakesh has maintained a Buy rating on Western Digital (NASDAQ:WDC) and increased the price target from $62 to $66, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 7:46 pm

BX

BMO Capital Markets analyst Étienne Ricard has maintained a Market Perform rating on Blackstone Inc. (NYSE:BX) but raised the price target from $95 to $101. Ricard predicts earnings growth resumption in 2024, driven by flagship fundraising and a favorable environment for realizations. The stock is seen to offer mid-teens fee-related earnings (FRE) growth prospects leading to 2025. Despite the positive outlook, the current valuation at 33x implied fee-related earnings is considered to fully reflect this optimism. Blackstone's Q4 distributable earnings rose 4%, beating expectations, and the company declared a $0.94 dividend and repurchased shares. The analyst expects the BREIT fund to return to positive NAV growth in H1 2024. BX shares were trading up by 0.73% to $124.39.

Portfolio Pulse from Nabaparna Bhattacharya

January 26, 2024 | 7:45 pm

SHW

Mizuho analyst Christopher Parkinson has maintained a Buy rating on Sherwin-Williams (NYSE:SHW) but reduced the price target from $352 to $340.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 7:44 pm

RMD

Mizuho analyst Anthony Petrone has reaffirmed a Buy rating on ResMed (NYSE:RMD) and increased the price target from $180 to $195.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 7:42 pm