Streetbeat News

Analyst Ratings

CRBG

Goldman Sachs analyst Alex Scott has reaffirmed a Buy rating on Corebridge Financial (NYSE:CRBG) and increased the price target from $27 to $31.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:13 pm

ARDX

Raymond James analyst Steven Seedhouse has reaffirmed a Strong Buy rating on Ardelyx (NASDAQ:ARDX) and increased the price target from $12 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:09 pm

ACCD

Raymond James analyst John Ransom has maintained an Outperform rating on Accolade (NASDAQ:ACCD) and increased the price target from $12 to $16.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:07 pm

CYBR

FIVE

FMC

JBLU

JPM

LDI

RJF

UAL

WRB

XOM

Analysts at top financial institutions have updated their price targets and ratings for several US-listed companies. B of A Securities downgraded JetBlue Airways (JBLU) and cut its price target, while Goldman Sachs downgraded loanDepot (LDI) but raised its target. Evercore ISI Group downgraded W. R. Berkley (WRB) with a higher target. Jefferies downgraded Raymond James Financial (RJF) but increased its target. B of A Securities upgraded United Airlines (UAL) with a significant target increase. Deutsche Bank upgraded JPMorgan Chase (JPM) with a higher target. Morgan Stanley downgraded CyberArk Software (CYBR) but raised its target. Redburn Atlantic upgraded Exxon Mobil (XOM) with a higher target. Keybanc lowered FMC Corporation's (FMC) target but maintained a positive rating. Telsey Advisory Group slightly cut Five Below's (FIVE) target but kept a positive outlook.

Portfolio Pulse from Avi Kapoor

January 09, 2024 | 1:06 pm

APLS

Goldman Sachs analyst Salveen Richter has reaffirmed a Buy rating on Apellis Pharmaceuticals (NASDAQ:APLS) and increased the price target from $65 to $90. This adjustment reflects a positive outlook on the company's stock, suggesting potential upside from the current trading levels.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:03 pm

DTC

William Blair analyst Phillip Blee has downgraded Solo Brands (NYSE:DTC) from Outperform to Market Perform, indicating a change in the firm's outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:02 pm

Six analysts have recently rated DoubleVerify Holdings (NYSE:DV), with an average 12-month price target of $41.00, down from $43.33. Ratings range from 'Outperform' to 'Buy', with price targets adjusted by some analysts. DoubleVerify's financials show strong market presence, revenue growth, and efficient cost management. However, its revenue growth rate is lower than the IT sector average.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 1:01 pm

UAL

United Airlines Holdings (NASDAQ:UAL) has been analyzed by 6 analysts, showing a range of opinions. The average 12-month price target is now $66.33, up from $65.17. Analysts have adjusted their ratings and price targets, with some raising and others lowering their expectations. United Airlines has shown strong financial performance with a solid revenue growth rate, high net margin, exceptional ROE, and efficient ROA, while maintaining a lower debt-to-equity ratio than the industry average.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 1:01 pm

AON

Goldman Sachs analyst Robert Cox has maintained a Neutral rating on Aon (NYSE:AON) and reduced the price target from $350 to $310.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:00 pm

ABNB

Airbnb (NASDAQ:ABNB) has been reviewed by 11 analysts in the last three months, with a mix of ratings from bullish to bearish. The average 12-month price target is $130.09, down 9.38% from the previous average. Analysts from firms like BMO Capital, Barclays, and Jefferies have adjusted their price targets and ratings, reflecting a cautious outlook. Airbnb's financial performance shows strong revenue growth, net margin, ROE, and ROA, with a low debt-to-equity ratio. The company is a major player in the online accommodation and travel industry, with over 7 million listings and significant revenue from North America.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 1:00 pm