Streetbeat News

Analyst Ratings

JBHT

Susquehanna analyst Bascome Majors has maintained a Neutral rating on JB Hunt Transport Servs (NASDAQ:JBHT) but has lowered the price target from $195 to $194.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 7:04 pm

NTRA

Natera (NASDAQ:NTRA) has been analyzed by 9 analysts in the last three months, with a mix of bullish and somewhat bullish ratings, and no indifferent, somewhat bearish, or bearish ratings. The 12-month price target average for NTRA has increased by 2.15% to $71.33. Analysts from firms such as Stephens & Co., BTIG, Goldman Sachs, Guggenheim, TD Cowen, Raymond James, Morgan Stanley, and UBS have provided updates on their ratings and price targets for Natera. The company's financial performance shows a revenue growth rate of 27.38% as of September 30, 2023, a net margin of -40.64%, an ROE of -15.79%, an ROA of -8.09%, and a debt-to-equity ratio of 0.56.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 7:00 pm

ZJYL

Shares of Jin Medical International are trading lower after Culper Research announced it has taken a short position in the company.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 6:59 pm

JBLU

SAVE

The proposed merger between JetBlue Airways Corp (JBLU) and Spirit Airlines Inc (SAVE) was blocked by a U.S. District Court judge, causing a significant drop in stock prices for both companies. Analysts have downgraded Spirit Airlines stock, with BofA Securities rating it as Underperform and Susquehanna Financial Group downgrading it from Neutral to Negative, both setting a price target of $5. JetBlue's CEO is stepping down, and the incoming CEO may lead without pursuing the merger further.

Portfolio Pulse from Surbhi Jain

January 17, 2024 | 6:59 pm

BKNG

TCOM

Mizuho analyst James Lee has reiterated a Buy rating on Trip.com Group Ltd (TCOM) with a price target of $55.00, citing the expansion of China's outbound travel as a key growth driver. Lee expects a strong rebound in revenue and profitability for FY24 as outbound flight capacity aligns with demand. He notes that outbound margins are double those of domestic travel and anticipates supportive policies to further boost outbound travel. The price target is based on a 20x multiple of 2025E EBITDA, slightly higher than Booking Holdings Inc (BKNG), reflecting the faster growth expected in China's travel market. However, Lee warns that if TCOM has to reduce its take rate to maintain market share, EBITDA growth could slow. TCOM shares were down 1.81% at $35.89 in the last check.

Portfolio Pulse from Shivani Kumaresan

January 17, 2024 | 6:55 pm

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