Streetbeat News

Analyst Ratings

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

KBH

Wedbush analyst Jay McCanless has maintained a Neutral rating on KB Home (NYSE:KBH) but increased the price target from $55 to $60.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:51 pm

EWCZ

Piper Sandler analyst Korinne Wolfmeyer has maintained an Overweight rating on European Wax Center (EWCZ) and increased the price target from $18 to $20. This suggests a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:41 pm

BELFB

Northland Capital Markets analyst Bobby Brooks has initiated coverage on Bel Fuse (NASDAQ:BELFB) with an Outperform rating and set a price target of $83.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:37 pm

WBS

B of A Securities analyst Brandon Berman has initiated coverage on Webster Financial Corporation (NYSE:WBS) with a Buy rating and set a price target of $60.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:31 pm

EPAM

Jefferies analyst Surinder Thind has downgraded EPAM Systems (NYSE:EPAM) from Buy to Hold and set a price target of $295. This reflects a more cautious stance on the stock's near-term growth prospects or valuation.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:28 pm

BNED

Craig-Hallum analyst Alex Fuhrman has downgraded Barnes & Noble Education (BNED) from Buy to Hold and reduced the price target from $3 to $1.25.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:27 pm