Streetbeat News

Analyst Ratings

DLTR

Dollar Tree (NASDAQ:DLTR) received mixed analyst ratings with an average 12-month price target of $143.00, up from $134.33. Analysts from firms like JP Morgan, Truist Securities, Morgan Stanley, Telsey Advisory Group, and Wells Fargo have adjusted their ratings and price targets, reflecting their views on the company's performance and market conditions. Dollar Tree's financial health shows a revenue growth of 5.4%, a net margin of 2.9%, and a below-average ROE and ROA. The company operates over 8,200 Dollar Tree and 8,350 Family Dollar stores, with a focus on consumables and variety items.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:00 pm

FIVE

Analysts have provided mixed reviews on Five Below (NASDAQ:FIVE) with 12 recent ratings ranging from bullish to bearish. The average 12-month price target is $222.58, with a high of $245.00 and a low of $205.00, indicating a 4.69% increase from the previous target. Analysts from firms like JP Morgan, Telsey Advisory Group, Barclays, Evercore ISI Group, Truist Securities, Morgan Stanley, Wells Fargo, and Citigroup have adjusted their ratings and price targets, reflecting their latest views on the company's performance. Five Below operates 1,340 stores and has shown strong financials with a revenue growth rate of 14.17%, a net margin of 1.98%, an ROE of 1.04%, an ROA of 0.4%, and a low debt-to-equity ratio of 1.22.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:00 pm

LAZ

Four analysts have recently updated their ratings on Lazard (NYSE:LAZ), with an average 12-month price target of $41.00, up from the previous $29.50. The ratings range from 'Outperform' to 'Sell', with price targets varying from $31.00 to $51.00. Lazard's financial performance shows challenges with a -27.99% revenue decline, a low net margin of 1.15%, and a high debt-to-equity ratio of 6.04. The company's history dates back to 1848, focusing on financial advisory and asset management, with a significant international presence.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:00 pm

ALB

Albemarle (NYSE:ALB) received mixed analyst ratings with 6 somewhat bullish, 6 indifferent, and 1 somewhat bearish. The average 12-month price target is now $168.85, down from $213.92, with a high estimate of $308.00 and a low of $128.00. Analysts from firms including TD Cowen, Mizuho, Oppenheimer, UBS, Deutsche Bank, Keybanc, B of A Securities, Piper Sandler, BMO Capital, and RBC Capital have adjusted their ratings and price targets. Albemarle's financial performance shows strong market recognition, revenue growth, profitability, and effective asset utilization, with a market cap above industry averages, a revenue growth rate of 10.46%, a net margin of 13.09%, an ROE of 3.07%, an ROA of 1.59%, and a healthy debt-to-equity ratio of 0.37.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:00 pm

NSC

Norfolk Southern Corp (NYSE:NSC) reported Q4 fiscal 2023 results with a 5% Y/Y decline in railway operating revenue and adjusted EPS below consensus. Shares fell 1.5% after the report. Analysts from Morgan Stanley, Stifel, and TD Cowen revised their price targets and ratings, with Morgan Stanley and Stifel downgrading the stock and TD Cowen slightly increasing the target but also downgrading the rating.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 12:56 pm

ZIM

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares increased by 9.2% in pre-market trading following an upgrade from Hold to Buy by Jefferies, with a raised price target from $14 to $20. Other stocks also showed significant movement in pre-market trading, with various companies experiencing gains and losses. Notable gainers include NovaBay Pharmaceuticals, Inc. (NYSE:NBY) and Spectral AI, Inc. (NASDAQ:MDAI), while significant losers include Panbela Therapeutics, Inc. (NASDAQ:PBLA) and Aeva Technologies, Inc. (NYSE:AEVA).

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 12:56 pm

BE

Bloom Energy's stock (BE) trades lower following a downgrade from Neutral to Underperform by B of A Securities.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:54 pm

KLAC

Susquehanna analyst Mehdi Hosseini has downgraded KLA (NASDAQ:KLAC) from Positive to Neutral while increasing the price target from $640 to $675.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:46 pm

AAL

ALVO

AXP

BELFB

DG

GOOGL

ONCT

RPD

WBD

ZIM

Several top Wall Street analysts have updated their price targets and ratings for various companies. Wells Fargo downgraded Warner Bros. Discovery (WBD) and cut its price target. Barclays upgraded Alvotech (ALVO) and raised its price target. Keybanc increased Alphabet Inc.'s (GOOGL) price target. JP Morgan raised Dollar General's (DG) price target but maintained an Underweight rating. Jefferies upgraded ZIM Integrated Shipping (ZIM) and raised its price target. Needham increased Bel Fuse Inc.'s (BELFB) price target. Barclays raised American Express (AXP) price target. HC Wainwright & Co. significantly raised Oncternal Therapeutics' (ONCT) price target. UBS upgraded Rapid7 (RPD) and increased its price target. Citigroup upgraded American Airlines (AAL) and boosted its price target.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 12:34 pm

BE

B of A Securities analyst Julien Dumoulin-Smith downgraded Bloom Energy (NYSE:BE) from Neutral to Underperform and reduced the price target from $16 to $10, indicating a bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:32 pm