Streetbeat News

Analyst Ratings

AVY

UBS analyst Joshua Spector has reaffirmed a Buy rating on Avery Dennison (NYSE:AVY) and increased the price target from $225 to $230, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 3:05 pm

ALB

UBS analyst Joshua Spector has maintained a Neutral rating on Albemarle (NYSE:ALB) and increased the price target from $130 to $142. This adjustment reflects a more favorable outlook for ALB, suggesting potential upside from the previous target while still remaining cautious.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 3:03 pm

WSM

11 analysts have recently updated their ratings on Williams-Sonoma (NYSE:WSM), with a mix of bullish, neutral, and bearish sentiments. The average 12-month price target is now $167.36, up 21.18% from the previous $138.11, with a high estimate of $230.00 and a low of $140.00. Analysts from firms like Wedbush, Evercore ISI Group, RBC Capital, UBS, JP Morgan, Goldman Sachs, Morgan Stanley, Telsey Advisory Group, and Jefferies have adjusted their price targets and ratings, reflecting a positive shift in expectations. Williams-Sonoma operates in the home category market and has shown strong net margins and ROE, but its revenue growth has declined by -15.46% over the past 3 months.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:01 pm

FLYW

Flywire (NASDAQ:FLYW) has received mixed analyst ratings over the past quarter, with 12 analysts offering opinions ranging from bullish to bearish. The average 12-month price target for Flywire is now $33.92, down from the previous $37.38, indicating a 9.26% decrease. Analysts from firms including Goldman Sachs, JP Morgan, RBC Capital, Morgan Stanley, Truist Securities, Wells Fargo, Raymond James, and UBS have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Flywire's financials show a positive revenue trend with a growth rate of 29.5% as of September 30, 2023, a net margin of 8.63%, and a debt-to-equity ratio of 0.0, indicating strong financial health despite a below-average ROE of 1.68% and an above-average ROA of 1.31%.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:01 pm

TOST

Toast (NYSE:TOST) has been analyzed by 15 analysts, showing diverse opinions with 4 bullish and 3 somewhat bullish ratings, among others. The average 12-month price target is $19.27, down from $23.20. Analysts from firms like Goldman Sachs and Morgan Stanley have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Toast, a restaurant technology company, has seen a 37.23% revenue growth rate but has below-average net margin and ROE. The company's market cap is below industry averages, and it has a low debt-to-equity ratio of 0.03.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:01 pm

WAB

Analysts have mixed views on Westinghouse Air Brake (NYSE:WAB), with 1 bullish and 3 somewhat bullish ratings in the last three months. The average 12-month price target is $143.75, up 14.09% from the previous $126.00. The company shows strong financial performance with a solid revenue growth rate of 22.54% and a net margin of 9.41%, but a lower ROE of 2.34%. Analysts from Jefferies, Morgan Stanley, Susquehanna, and Stephens & Co. have updated their ratings and price targets, reflecting a positive outlook.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:00 pm

WBS

Webster Financial Corp (NYSE:WBS) has been evaluated by 7 analysts over the last three months, with 2 bullish and 5 somewhat bullish ratings. The average 12-month price target is $55.71, up from the previous $51.80. Analysts from B of A Securities, Raymond James, Keefe, Bruyette & Woods, Piper Sandler, Morgan Stanley, and Citigroup have provided updates, with most raising their price targets. Webster Financial offers a range of financial services and has shown positive revenue growth, an impressive net margin, but a below-average ROE. Its market capitalization is smaller than industry averages, and it has a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:00 pm

EPAM

Analysts have mixed views on EPAM Systems (NYSE:EPAM), with 3 somewhat bullish and 2 indifferent ratings over the last quarter. The average 12-month price target is $281.4, a 13.58% increase from the previous target. EPAM's financials show a -6.1% revenue decline as of September 30, 2023, but a strong net margin of 8.44%. The company's ROE is below industry average, while ROA is above, and it has a low debt-to-equity ratio of 0.05. Analyst Arvind Ramnani from Piper Sandler has raised the price target multiple times, with the latest at $339.00.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:00 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, META, TSLA, GOOGL, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price levels for each asset and advises traders to monitor these stocks for breakouts or reversals. The trading session is expected to be volatile due to the release of CPI data and the US Treasury's 30 Year Bond Auction. The memo is part of a service offered by Market Clubhouse, which includes a live daily market analysis, a watch list, and real-time mentorship by a pro trader known as RIPS.

Portfolio Pulse from RIPS

January 11, 2024 | 2:56 pm

COIN

Wedbush analyst Moshe Katri has maintained an Outperform rating on Coinbase Global (NASDAQ:COIN) and increased the price target from $110 to $180.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:54 pm