Streetbeat News

Analyst Ratings

WDC

Western Digital (NASDAQ:WDC) has received mixed analyst ratings over the past quarter, with 10 analysts offering diverse opinions. Recent updates show a bullish trend with an average 12-month price target of $51.6, a significant increase from the previous $42.14. Analysts from firms like Deutsche Bank, Mizuho, Goldman Sachs, Raymond James, Susquehanna, Fox Advisors, Rosenblatt, and Wedbush have raised their price targets, indicating a positive outlook on the company's performance. Western Digital, a key player in data storage solutions, faces financial challenges with a -26.39% revenue decline and below-average ROE and ROA, but has a strong net margin of -25.45%.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 12:01 pm

VRNT

Verint Systems (NASDAQ:VRNT) has received mixed analyst ratings over the past quarter, with 5 analysts offering opinions ranging from bullish to bearish. The average 12-month price target for VRNT is $38.4, with a high of $40.00 and a low of $36.00, reflecting a slight increase from the previous target of $38.00. The company's financials show a negative revenue trend with a -2.95% decline, but strong profitability with a net margin of 3.39% and an exceptional ROE of 0.91%. The debt-to-equity ratio is healthy at 0.55.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 12:00 pm

TSCO

Tractor Supply (NASDAQ:TSCO) has received mixed analyst ratings over the past quarter, with 13 analysts offering diverse opinions ranging from bullish to bearish. The recent ratings show a shift towards a more cautious stance, with a notable decline in the average 12-month price target to $218.85, down 6.8% from the previous average. Analysts from firms like Morgan Stanley, Truist Securities, and B of A Securities have adjusted their price targets and ratings, reflecting changes in market dynamics and company performance. Tractor Supply operates a large network of retail farm and ranch stores in the U.S. and has shown strong financial performance with a revenue growth rate of 4.32% and a net margin of 7.47%, but carries a higher debt-to-equity ratio of 2.36.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 12:00 pm

TGT

Target (NYSE:TGT) has been evaluated by 24 analysts over the last three months, with a mix of bullish to bearish sentiments. The average 12-month price target is $148.04, down 1.21% from the previous target of $149.86. Analysts from firms like Morgan Stanley, Wells Fargo, and Citigroup have adjusted their ratings and price targets, with several raising their targets. Target is the sixth-largest U.S. retailer, with over 1,900 stores and $100 billion in sales. Despite a -4.22% decline in revenue growth over 3 months, Target maintains a high net margin of 3.82% and an ROE of 7.93%, indicating strong profitability and financial performance.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 12:00 pm

DG

Analysts have provided mixed reviews on Dollar General (NYSE:DG) over the past three months, with a consensus leaning towards a neutral stance. The average 12-month price target for DG has been raised to $132.5, up from $122.00, with individual analysts from firms like Morgan Stanley, Barclays, and Truist Securities adjusting their targets and ratings. Dollar General operates a large chain of convenience stores in rural America, focusing on consumable items. Despite a market cap below industry benchmarks, the company has shown revenue growth and a high net margin, but its ROA and heavy reliance on debt raise some concerns.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 12:00 pm

RTX

Baird analyst Peter Arment has downgraded Raytheon Technologies (RTX) from Outperform to Neutral, while increasing the price target from $88 to $94.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 11:59 am

NOC

Baird analyst Peter Arment has downgraded Northrop Grumman (NYSE:NOC) from Outperform to Neutral and set a price target of $505.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 11:57 am

MTZ

Baird analyst Andrew Wittmann has downgraded MasTec (NYSE:MTZ) from Outperform to Neutral but increased the price target from $57 to $75. This reflects a more cautious stance on the stock's current valuation while acknowledging potential growth that justifies a higher price target.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 11:53 am

PYPL

Mizuho analyst Dan Dolev has downgraded PayPal Holdings (NASDAQ:PYPL) from Buy to Neutral and reduced the price target from $72 to $65, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 11:51 am

ALVR

GRI

IBIO

VYNE

The article highlights four health care stocks that are considered oversold based on their Relative Strength Index (RSI) values, suggesting they may be undervalued and could potentially rise in Q1. The stocks mentioned are iBio, Inc. (IBIO), GRI Bio, Inc. (GRI), AlloVir, Inc. (ALVR), and VYNE Therapeutics Inc. (VYNE). Each company has experienced significant stock price declines, with their RSI values falling below 30, which is typically considered an oversold condition.

Portfolio Pulse from Avi Kapoor

January 16, 2024 | 11:50 am