Streetbeat News

Analyst Ratings

PNC

Morgan Stanley analyst Betsy Graseck has maintained an Underweight rating on PNC Financial Services Group (NYSE:PNC) but increased the price target from $142 to $158.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:04 pm

WELL

Deutsche Bank analyst Omotayo Okusanya has initiated coverage on Welltower (NYSE:WELL) with a Buy rating and set a price target of $115.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:04 pm

USB

Morgan Stanley analyst Betsy Graseck has maintained an Equal-Weight rating on U.S. Bancorp (NYSE:USB) and increased the price target from $44 to $45.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:03 pm

RF

Morgan Stanley analyst Betsy Graseck has maintained an Overweight rating on Regions Financial Corporation (NYSE:RF) and increased the price target from $21 to $27.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:02 pm

STT

Morgan Stanley analyst Connor Lynagh has maintained an Equal-Weight rating on State Street Corporation (NYSE:STT) and increased the price target from $83 to $88.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:01 pm

ALV

Autoliv (NYSE:ALV), a global leader in passive safety components for the auto industry, has been analyzed by 4 analysts in the last three months, showing a consensus towards an 'Equal-Weight' rating. The average 12-month price target has been raised to $108.5, indicating a positive sentiment. The company's financial performance shows strong revenue growth and net margin, but a lagging ROE. Analysts from Barclays and Wells Fargo have raised their price targets for ALV, reflecting optimism in the company's prospects.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 12:00 pm

WAL

Western Alliance (NYSE:WAL) has received mixed reviews from analysts over the past three months, with a total of 3 bullish, 1 somewhat bullish, and 1 indifferent rating. The average 12-month price target for WAL is $74.6, marking a 9.71% increase from the previous target of $68.00. Analysts from Wells Fargo, Citigroup, RBC Capital, and Truist Securities have raised their price targets, reflecting a positive outlook on the company's performance. Despite a revenue decline of -7.17% as of December 31, 2023, Western Alliance has strong profitability indicators such as a net margin of 26.85% and an exceptional ROE of 2.58%. However, the company's debt-to-equity ratio of 1.44 is higher than the industry average, suggesting higher financial risk.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 12:00 pm

PPBI

Four financial analysts have recently updated their ratings on Pacific Premier Bancorp (NASDAQ:PPBI), with an average 12-month price target of $27.75, up 13.27% from the previous $24.50. The ratings range from 'Outperform' to 'Market Perform', with price targets varying from $25.00 to $31.00. Pacific Premier Bancorp faces challenges with revenue decline, below-average net margin, ROE, and ROA, but has a sound debt-to-equity ratio. Analysts' ratings are based on comprehensive analysis and are important for investors, though subject to human error.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 12:00 pm

EXR

Deutsche Bank analyst Omotayo Okusanya has initiated coverage on Extra Space Storage (NYSE:EXR) with a Hold rating and set a price target of $141.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:00 pm

SLG

SL Green Realty (NYSE:SLG) has received mixed evaluations from 11 analysts over the last three months, with sentiments ranging from bullish to bearish. The average 12-month price target for SLG has increased by 10.07% to $44.91, with a high estimate of $58.00 and a low of $35.00. Analysts from firms including Deutsche Bank, Piper Sandler, Truist Securities, Goldman Sachs, Barclays, and BMO Capital have updated their ratings and price targets, reflecting their views on the company's market conditions and performance. SL Green Realty, a large Manhattan property owner and landlord, has shown a revenue growth of 22.23% but has below-average net margin and ROE, indicating potential profitability and efficiency challenges.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 12:00 pm