Streetbeat News

Analyst Ratings

CBSH

B of A Securities analyst Brandon Berman has initiated coverage on Commerce Bancshares (NASDAQ:CBSH) with a Neutral rating and set a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:01 pm

FOUR

Shift4 Payments (NYSE:FOUR) received mixed analyst ratings with 5 bullish, 5 somewhat bullish, 1 indifferent, and 1 bearish. The average 12-month price target is $74.42, up from $73.00, with a high of $96.00 and a low of $49.00. Analysts from firms like Goldman Sachs, Raymond James, and DA Davidson have raised their price targets, while Mizuho and Truist Securities lowered theirs. Shift4 Payments has a market cap below industry average, a 23.41% revenue growth rate, a net margin of 4.83%, an ROE of 8.62%, an ROA of 1.24%, and a high debt-to-equity ratio of 4.43.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:01 pm

PLUG

Analysts have mixed views on Plug Power (NASDAQ:PLUG), with 17 ratings over the past three months. The average 12-month price target is $6.97, with a high of $27.00 and a low of $2.30, reflecting a 53.06% decrease in the average target. Analysts from firms like Craig-Hallum, Piper Sandler, and Morgan Stanley have adjusted their ratings and price targets. Plug Power's financials show a revenue growth of 5.35% as of September 30, 2023, but a net margin of -142.66% and an ROE of -7.82%. The company is building a green hydrogen ecosystem and has a debt-to-equity ratio of 0.28.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:00 pm

HPP

Analysts have provided diverse ratings for Hudson Pacific Properties (NYSE:HPP) with an average 12-month price target of $9.81, up from the previous $8.57. The ratings range from 'Neutral' to 'Buy', with recent upgrades from firms like Goldman Sachs and BMO Capital. Despite a revenue decline of -11.1% as of September 30, 2023, HPP has a strong net margin and ROA but carries a high debt-to-equity ratio of 1.77. The company specializes in office and media/entertainment properties on the West Coast.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:00 pm

IPG

Interpublic Gr of Cos (NYSE:IPG) has been evaluated by 6 analysts, with a mix of neutral and buy ratings. The average 12-month price target is now $35.0, down from $37.45, indicating a 6.54% decrease. Analysts from UBS, Citigroup, Barclays, Morgan Stanley, and Wells Fargo have adjusted their price targets, with most lowering their estimates. IPG's financial performance shows revenue growth but below-average net margin, ROE, and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:00 pm

HAYW

Six analysts have provided ratings on Hayward Holdings (NYSE:HAYW) with an average 12-month price target of $13.75, down from $14.70. The ratings include 1 bullish, 1 somewhat bullish, and 4 indifferent. Analysts from Jefferies, Stifel, Goldman Sachs, and Keybanc have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Hayward Holdings, a manufacturer of swimming pool equipment, has seen a -10.18% decline in revenue growth and has below industry average net margin and ROE. The company's market capitalization is below industry benchmarks, and it has a conservative debt-to-equity ratio of 0.86.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:00 pm

MGNI

B of A Securities analyst Omar Dessouky has initiated coverage on Magnite (NASDAQ:MGNI) with a Neutral rating and set a price target of $11 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:57 pm

DV

B of A Securities analyst Omar Dessouky has initiated coverage on DoubleVerify Holdings (NYSE:DV) with a Buy rating and set a price target of $47.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:56 pm

VSTS

Wolfe Research analyst Michael O'Brien has initiated coverage on Vestis (NYSE:VSTS) with an Outperform rating and set a price target of $24.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:54 pm

ACMR

Goldman Sachs analyst Allen Chang has maintained a Neutral rating on ACM Research (NASDAQ:ACMR) and increased the price target from $19.5 to $22.1.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:53 pm