Streetbeat News

Analyst Ratings

FLT

Fleetcor Technologies (NYSE:FLT) received mixed analyst ratings over the past three months, with 9 analysts offering a range of opinions. The average 12-month price target is $280.33, up from the previous $275.43. Citigroup, Baird, BMO Capital, Mizuho, Raymond James, RBC Capital, Morgan Stanley, and UBS have all adjusted their ratings or price targets. Fleetcor offers specialized payment products and has shown positive revenue growth, a high net margin, and exceptional ROE, but carries a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:00 pm

PATK

Patrick Industries (NASDAQ:PATK) received mixed analyst ratings with 2 bullish and 2 somewhat bullish ratings. The average 12-month price target is $108.75, a 12.5% increase from the previous target. Brett Andress of Keybanc and Michael Swartz of Truist Securities raised their targets, while Swartz also lowered a separate target. The company faces challenges with revenue decline, below-average net margin, ROE, and ROA, but has a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:00 pm

PCOR

Procore Technologies (NYSE:PCOR) has been the subject of 15 analyst ratings over the past three months, with sentiments ranging from bullish to bearish. The average 12-month price target is $71.67, down 10.5% from the previous $80.08. Analysts have adjusted their ratings and price targets, with some raising and others lowering their expectations. Procore Technologies is a cloud-based construction management software company with a lower market capitalization compared to industry averages, impressive revenue growth of 32.98%, but below-average net margin, ROE, and ROA. The company has a conservative debt-to-equity ratio of 0.08.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:00 pm

TTGT

Keybanc analyst Justin Patterson has maintained an Overweight rating on TechTarget (NASDAQ:TTGT) and increased the price target from $33 to $58. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 12:58 pm

PTC

Keybanc analyst Jason Celino has maintained an Overweight rating on PTC (NASDAQ:PTC) and increased the price target from $177 to $190, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 12:56 pm

PII

Keybanc analyst Noah Zatzkin has maintained an Overweight rating on Polaris (NYSE:PII) but reduced the price target from $115 to $105.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 12:55 pm

PCOR

Keybanc analyst Jason Celino has maintained an Overweight rating on Procore Technologies (NYSE:PCOR) and increased the price target from $70 to $77, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 12:53 pm

PATK

Keybanc analyst Brett Andress has maintained an Overweight rating on Patrick Industries (NASDAQ:PATK) and increased the price target from $95 to $110.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 12:52 pm

ADSK

BABA

BASE

CIEN

IFF

JCI

LULU

LYV

TWLO

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies. Keybanc raised Lululemon's target to $570 and maintained an Overweight rating. Piper Sandler increased Twilio's target to $82 and upgraded to Overweight. Roth MKM raised Live Nation's target to $114 and upgraded to Buy. Barclays increased Couchbase's target to $26 with an Overweight rating. Jefferies raised International Flavors' target to $112 and upgraded to Buy. RBC Capital cut Outset Medical's target to $6 and downgraded to Sector Perform. RBC also lowered Johnson Controls' target to $50 and downgraded to Underperform. Barclays slashed Alibaba's target to $109 but maintained an Overweight rating. Keybanc raised Autodesk's target to $260 with an Overweight rating. Evercore ISI Group increased Ciena's target to $57 and upgraded to Outperform.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 12:48 pm

MSFT

Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Microsoft (NASDAQ:MSFT) and maintained a price target of $455.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 12:44 pm