Streetbeat News

Analyst Ratings

RMD

Oppenheimer analyst Suraj Kalia has maintained an Outperform rating on ResMed (NYSE:RMD) and increased the price target from $185 to $205.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 6:17 pm

MS

Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on Morgan Stanley (NYSE:MS) and increased the price target from $106 to $109.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 6:13 pm

JPM

Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on JPMorgan Chase (NYSE:JPM) and increased the price target from $232 to $238.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 6:10 pm

MA

V

Mastercard Inc (NYSE:MA) is set to report Q4 earnings on Jan. 31 with expectations of $3.08 EPS and $6.48 billion in revenues. The stock has reached all-time highs, up 20% over the past year, slightly behind Visa Inc's (NASDAQ:V) 21.20% gain. Visa recently exceeded Q1 earnings expectations but saw a 2.5% stock decline post-announcement due to weaker-than-expected payment volumes. Analysts will focus on Mastercard's margin profile and positioning against Visa. Mastercard has a stable A+ credit rating and a history of dividend growth, but faces challenges in 2024 with potentially limited stock upside. Analyst consensus rates MA as a Buy with a target of $417.44, while recent estimates range from $462 to $510.

Portfolio Pulse from Surbhi Jain

January 30, 2024 | 6:09 pm

GS

Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on Goldman Sachs Group (NYSE:GS) and increased the price target from $491 to $506.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 6:05 pm

HTLF

Heartland Financial USA (NASDAQ:HTLF) has received mixed analyst ratings over the past quarter, with 3 somewhat bullish and 1 indifferent rating. The average 12-month price target for HTLF has increased by 10.79% to $40.25, with a high estimate of $45.00 and a low of $35.00. Analysts from Stephens & Co., Piper Sandler, and Keefe, Bruyette & Woods have maintained or raised their ratings and price targets. HTLF's market capitalization is above industry average, but it faces challenges with a revenue decline of -6.09%, a net margin below industry average, and an ROA that is also below industry averages. However, it has an exceptional ROE of 2.66% and a conservative debt-to-equity ratio of 0.34.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 6:01 pm

UPWK

Analysts have updated their ratings and price targets for Upwork (NASDAQ:UPWK), with 5 analysts offering views ranging from bullish to indifferent. The average 12-month price target is now $17.0, up from the previous $13.00, indicating a 30.77% increase. Analysts from JMP Securities, Jefferies, Needham, Roth MKM, and RBC Capital have maintained or raised their ratings and price targets. Upwork's financial performance shows strong revenue growth and net margin, but a lower ROE compared to industry averages. The company's low debt-to-equity ratio suggests a healthy balance between debt and equity.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 6:00 pm

BAC

Analysts have varying opinions on Bank of America (NYSE:BAC), with recent ratings ranging from bullish to bearish. The average 12-month price target is $40.48, up 2.79% from the previous $39.38. Notable analysts from firms like Oppenheimer, Morgan Stanley, and Goldman Sachs have adjusted their price targets and ratings, reflecting changes in market dynamics and company performance. Bank of America, a major US financial institution, has seen a revenue decline of -12.75% and faces challenges with net margin, ROE, and ROA below industry standards, although it has a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 6:00 pm

CALX

Rosenblatt analyst Mike Genovese has maintained a Buy rating on Calix (NYSE:CALX) but has reduced the price target from $57 to $45.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 5:58 pm

SMCI

Rosenblatt analyst Hans Mosesmann has maintained a Buy rating on Super Micro Computer (NASDAQ:SMCI) and increased the price target from $550 to $700.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 5:56 pm