Streetbeat News

Analyst Ratings

SKX

Analysts have recently updated their ratings and price targets for Skechers USA (NYSE:SKX), with a general trend towards bullishness. Over the past three months, 4 analysts have provided ratings, with 1 bullish and 3 somewhat bullish. In the last 30 days, there has been one additional somewhat bullish rating. The average 12-month price target is now $69.25, up from the previous $59.75, indicating a 15.9% increase. Skechers USA's financial performance shows a solid revenue growth rate of 7.8%, a net margin of 7.18%, and an ROA of 2.03%, but a lower-than-average ROE of 3.73%. The company has a prudent debt-to-equity ratio of 0.42.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 5:00 pm

SFBS

Piper Sandler has maintained a Neutral rating for Servisfirst Bancshares (NYSE:SFBS) but raised its price target from $55.00 to $64.00. Despite this, SFBS shares are currently trading down at $67.00, which is 1.73% lower than the last 24 hours. The new price target suggests a potential downside of 4.48% from the current share price.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 5:00 pm

FVRR

JMP Securities analyst Andrew Boone has reiterated a 'Market Outperform' rating on Fiverr Intl (NYSE:FVRR), maintaining a price target of $40. This reaffirmation of the stock's potential could influence investor sentiment and market perception of the company's value.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:59 pm

WSR

JMP Securities analyst Mitch Germain has maintained a Market Outperform rating on Whitestone REIT (NYSE:WSR) and increased the price target from $13 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:57 pm

AAPL

Apple Inc's Vision Pro AR headset is set to launch this Friday with pre-order sales indicating strong demand. Analyst Ming-Chi Kuo estimates 160,000 to 180,000 units sold during pre-orders and projects 500,000 units sold this year. Despite a slower uptake compared to iPhones, Apple's supply chain has ramped up production. Wedbush analyst Daniel Ives predicts over 600,000 Vision Pro sales in 2024 and anticipates a growing app ecosystem. Wedbush maintains an Outperform rating on Apple stock with a $250 price target.

Portfolio Pulse from Surbhi Jain

January 30, 2024 | 4:54 pm

ENFN

Enfusion's stock (ENFN) is trading lower following a downgrade by JP Morgan from Neutral to Underweight, accompanied by a reduction in the price target from $11 to $9.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:45 pm

AAOI

Applied Optoelectronics (AAOI) shares have risen following Rosenblatt's initiation of coverage with a Buy rating and a $23 price target.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:42 pm

BMRC

Stephens & Co. analyst Andrew Terrell has maintained an Equal-Weight rating on Bank of Marin (NASDAQ:BMRC) but has reduced the price target from $24 to $22.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:41 pm

FMBH

Stephens & Co. analyst Terry McEvoy has maintained an Overweight rating on First Mid Bancshares (NASDAQ:FMBH) but has reduced the price target from $40 to $38.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:35 pm

PRTA

Prothena Corporation's stock (PRTA) is trading lower following a downgrade by B of A Securities from Buy to Neutral, accompanied by a reduction in the price target from $68 to $38.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:32 pm