Streetbeat News

Analyst Ratings

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

WABC

Piper Sandler has maintained a Neutral rating on Westamerica Bancorp (NASDAQ:WABC) but lowered its price target from $56.00 to $55.00. Westamerica Bancorp's shares are currently trading at $52.11, and the new price target suggests a potential upside of 5.55%. The bank, with approximately $7.5 billion in assets, primarily serves commercial clients in central and northern California.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:00 pm

NFLX

Benchmark analyst Matthew Harrigan has maintained a Sell rating on Netflix (NASDAQ:NFLX) but increased the price target from $350 to $425.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:55 pm

HALO

Benchmark analyst Robert Wasserman has reiterated a Buy rating on Halozyme Therapeutics (NASDAQ:HALO) and maintained a $50 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:52 pm

META

JMP Securities analyst Andrew Boone has reaffirmed a 'Market Outperform' rating on Meta Platforms (NASDAQ:META) and increased the price target from $380 to $410.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:51 pm