Streetbeat News

Analyst Ratings

ACIC

CART

MIMO

TSP

Airspan Networks Holdings Inc. (MIMO) shares surged over 380% after announcing a partnership with GCT Semiconductor to develop an RF module. Other stocks experienced significant movement in Wednesday's mid-day session, with notable gainers including Treasure Global Inc. (TGL), LQR House Inc. (LQR), and ProQR Therapeutics N.V. (PRQR), among others. Losers included TuSimple Holdings Inc. (TSP), Phunware, Inc. (PHUN), and Adagene Inc. (ADAG). The session also saw various analyst ratings and price target changes affecting stocks like American Coastal Insurance Corporation (ACIC) and Maplebear Inc. (CART).

Portfolio Pulse from Avi Kapoor

January 17, 2024 | 6:12 pm

ABBV

GILD

VZ

On CNBC's Halftime Report, the final trades segment featured recommendations for Verizon Communications, AbbVie, and Gilead Sciences. These companies were highlighted as potential investment opportunities, though specific details of the discussion, such as the rationale behind the picks or the expected performance, were not provided in the article.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 6:01 pm

BILI

Bilibili (NASDAQ:BILI) received mixed analyst ratings in the latest quarter, with 5 analysts providing evaluations. The average 12-month price target is $15.16, a 29.42% decrease from the previous $21.48. All five analysts lowered their price targets, reflecting changes in market conditions and company performance. Bilibili is a Chinese online entertainment platform with revenue growth of 0.2% as of September 30, 2023, but below the Communication Services sector average. The company has a high net margin of -23.28% and an ROE of -8.45%, indicating strong financial health despite its smaller market capitalization.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 6:01 pm

TRU

TransUnion (NYSE:TRU) received 16 analyst ratings in the latest quarter, with a mix of bullish and bearish sentiments. The average 12-month price target is $68.19, down from the previous $79.13. Analysts from firms like Jefferies, Goldman Sachs, and Morgan Stanley have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. TransUnion's financials show a market cap above industry average, a revenue growth rate of 3.25%, but below-average net margin, ROE, and ROA. The company's debt-to-equity ratio is high at 1.39.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 6:00 pm

EXPE

Expedia Group (NASDAQ:EXPE) received mixed ratings from 12 analysts, with recent updates showing a positive trend in price targets, averaging $154.42, up 24.71% from the previous average. Analysts from firms like Mizuho, BMO Capital, and Wells Fargo have raised their price targets, reflecting optimism about the company's performance. Despite this, Expedia's financial indicators such as revenue growth, net margin, ROE, and ROA lag behind industry averages, and it maintains a prudent debt-to-equity ratio of 3.91.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 6:00 pm

SUN

Sunoco (NYSE:SUN) has received varied analyst ratings over the last quarter, with recent updates showing a positive trend in price targets. The average 12-month price target is now $58.5, up 7.34% from the previous $54.50. Analysts from Mizuho, Barclays, and Raymond James have raised their price targets, with the highest being $64.00. Sunoco's financial performance shows a decline in revenue growth by -4.16% over 3 months, a below-industry net margin of 3.97%, but strong ROE and ROA figures of 23.04% and 3.55%, respectively. The company faces challenges with a high debt-to-equity ratio of 3.69.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 6:00 pm

BLK

JPM

JPMorgan Chase CEO Jamie Dimon expressed skepticism about Bitcoin, criticizing it for its alleged use in illicit activities and questioning the cryptocurrency's supply limit. He acknowledged the potential of blockchain and cryptocurrencies with use cases, particularly those involving smart contracts and tokenization. Dimon's views contrast with other financial leaders like BlackRock CEO Larry Fink, who supports the tokenization of financial assets. The Bitcoin community responded to Dimon's comments, defending Bitcoin's value proposition of absolute scarcity.

Portfolio Pulse from Khyathi Dalal

January 17, 2024 | 5:59 pm

FLT

Jefferies analyst Trevor Williams has maintained a Buy rating on Fleetcor Technologies (NYSE:FLT) and increased the price target from $325 to $330.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:47 pm

FICO

Jefferies analyst Surinder Thind has maintained a Buy rating on Fair Isaac Corporation (NYSE:FICO) and increased the price target from $1210 to $1450.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:45 pm

TRU

Jefferies analyst Surinder Thind has reaffirmed a Buy rating on TransUnion (NYSE:TRU) and increased the price target from $75 to $85, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:42 pm