Streetbeat News

Analyst Ratings

FUL

Stifel analyst Vincent Anderson has reaffirmed a Buy rating on H.B. Fuller (NYSE:FUL) and increased the price target from $110 to $115, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 5:06 pm

TGT

Target Corp (NYSE:TGT) has experienced a Golden Cross, a bullish technical indicator, as its 50-day SMA crossed over its 200-day SMA. The company, known for its dividend history and growth, has received positive analyst ratings from Morgan Stanley and Wells Fargo, with price targets raised to $165 and $155 respectively. Despite financial concerns, Target's long-term growth potential is supported by its dividend history, reasonable forward P/E ratio, and strategic initiatives.

Portfolio Pulse from Surbhi Jain

January 19, 2024 | 5:05 pm

FAST

Stifel analyst Michael Hoffman has reaffirmed a Buy rating on Fastenal (NASDAQ:FAST) and increased the price target from $69 to $75, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 5:04 pm

RCL

Analysts have provided diverse evaluations for Royal Caribbean Gr (NYSE:RCL) over the last three months, with 9 different ratings ranging from bullish to bearish. The average 12-month price target is $130.0, up 6.27% from the previous $122.33, with a high estimate of $155.00 and a low of $100.00. Recent actions include rating changes and price target adjustments by analysts from Barclays, Argus Research, Tigress Financial, Truist Securities, Citigroup, Susquehanna, Morgan Stanley, and HSBC. Royal Caribbean operates 64 ships and has 10 more on order, recently divested its Azamara brand, and shows strong revenue growth and net margin but below-average ROE and ROA.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:01 pm

KEY

Wedbush has maintained a Neutral rating on KeyCorp (NYSE:KEY) but lowered its price target from $16.00 to $14.00. KeyCorp's shares are currently trading at $13.25, and the new price target suggests a potential upside of 5.66%. KeyCorp, with over $170 billion in assets, operates predominantly in Ohio and New York, focusing on middle-market commercial clients.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:00 pm

NNOX

Cantor Fitzgerald has maintained its Overweight rating on Nano X Imaging (NASDAQ:NNOX) but reduced its price target from $24.00 to $18.00. Despite the reduction, the new target suggests a significant upside of 213.04% from the current price of $5.75. Nano X Imaging is involved in manufacturing medical imaging systems, including the Nanox System and Nanox.CLOUD software.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:00 pm

BIRK

Birkenstock Holding (NYSE:BIRK) has been evaluated by 18 analysts over the last three months, with a mix of bullish to bearish sentiments. The average 12-month price target is $48.06, down from $48.50. Analysts from firms like Piper Sandler and Stifel have raised their price targets, while others have announced new ratings. Birkenstock's financials show strong revenue growth and net margin but below-average ROE and ROA. The company has a lower debt-to-equity ratio compared to the industry, indicating less reliance on debt financing.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:00 pm

RBLX

Goldman Sachs has reaffirmed its Sell rating on Roblox Corporation (NYSE:RBLX) but increased its price target from $26.00 to $35.00. Despite the upgrade in the price target, the new target still suggests a potential downside of 10.71% from the current trading price of $39.20. Roblox operates an online platform allowing users to create and monetize games, and it earns revenue through a variety of channels while leveraging outsourced game development.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:00 pm

IBM

Evercore ISI Group upgraded IBM (NYSE:IBM) to Outperform with a new price target of $200.00, up from $165.00. IBM's shares have risen 2.21% to $170.53 recently. The new target suggests a 17.28% potential upside. IBM is a major IT services provider, operating in 175 countries with about 350,000 employees, and has significant market influence, managing a large portion of global credit card transactions and wireless connections.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:00 pm

PCAR

B of A Securities upgraded PACCAR (NASDAQ:PCAR) to Neutral with a new price target of $97.00, up from the previous $84.00. PACCAR's shares are currently trading at $95.83, and the new target suggests a modest 1.22% upside. PACCAR is a major truck manufacturer with significant market share in North America and Europe, and also offers financial services through Paccar Financial Services.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:00 pm