Streetbeat News

Analyst Ratings

CX

B of A Securities analyst Carlos Peyrelongue has upgraded Cemex (NYSE:CX) from Neutral to Buy and increased the price target from $8.2 to $9, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 12:01 pm

EA

In the past three months, 7 analysts have provided ratings for Electronic Arts (NASDAQ:EA), with recent shifts in sentiment. The average 12-month price target is now $150.57, up 6.79% from the previous $141.00. Analysts from BMO Capital, Deutsche Bank, Roth MKM, JP Morgan, Wedbush, and Wells Fargo have adjusted their ratings and price targets, reflecting a positive outlook on EA's performance. EA's financials show a market cap above industry average, a revenue growth rate of 0.53%, a net margin of 20.85%, ROE of 5.35%, ROA of 3.04%, and a low debt-to-equity ratio of 0.26.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 12:01 pm

ALHC

Alignment Healthcare (NASDAQ:ALHC) has received mixed analyst ratings over the past three months, with 2 bullish and 3 indifferent ratings. The average 12-month price target is $9.45, up 11.18% from the previous $8.50. Analysts from Raymond James, UBS, B of A Securities, and Stephens & Co. have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Alignment Healthcare, a provider of Medicare Advantage plans, has shown a revenue growth of 26.74% as of September 30, 2023, but struggles with profitability and debt management, having a net margin of -7.67% and a debt-to-equity ratio of 0.91.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 12:01 pm

SNAP

Analysts have mixed views on Snap Inc. (NYSE:SNAP), with ratings ranging from bullish to bearish. Over the last quarter, there have been shifts in sentiment, with the most recent month showing a more cautious stance. The average 12-month price target is $13.9, up 57.42% from the previous $8.83, with a high estimate of $23.00 and a low of $7.00. Several analysts have raised their price targets, while others maintain or have a neutral stance. Snap's financials show a lower market cap compared to industry averages, a revenue growth of 5.32%, but struggles with profitability and debt management.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 12:01 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has been analyzed by 8 analysts, showing a shift towards a more bullish sentiment with 4 somewhat bullish and 4 indifferent ratings. The average 12-month price target for ANF is now $78.88, up 14.55% from the previous target of $68.86. Analysts from Telsey Advisory Group, Citigroup, UBS, and Morgan Stanley have raised their price targets, reflecting positive expectations for the company's performance. Abercrombie & Fitch has demonstrated strong financial health with a 20.04% revenue growth rate, a net margin of 9.11%, an ROE of 11.77%, an ROA of 3.38%, and a conservative debt-to-equity ratio of 1.27.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 12:01 pm

CRWD

CrowdStrike Holdings (NASDAQ:CRWD) has been the subject of 37 analyst ratings over the past three months, with a trend towards bullish sentiment. The average 12-month price target is $239.57, with a high of $325.00 and a low of $180.00, indicating a 13.43% increase from the previous average of $211.21. Analysts from firms such as Morgan Stanley, Oppenheimer, and Goldman Sachs have raised their price targets, reflecting positive market dynamics and company performance. CrowdStrike's financial health is strong, with a revenue growth rate of 35.31%, a net margin of 3.39%, and an ROA of 0.47%, although its ROE of 1.38% is below industry benchmarks. The company's debt-to-equity ratio is conservative at 0.39.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 12:00 pm

FITB

Six analysts have recently updated their ratings for Fifth Third Bancorp (NASDAQ:FITB), with a mix of bullish and indifferent stances. The average 12-month price target is now $35.67, up 10.09% from the previous $32.40. Analysts from firms like Keefe, Bruyette & Woods, Barclays, Goldman Sachs, Wells Fargo, RBC Capital, and Morgan Stanley have adjusted their price targets and ratings, reflecting their latest views on the company's performance. Fifth Third Bancorp, a diversified financial-services company, has shown a slight revenue decline of -0.7% over 3 months but boasts a high net margin of 29.44% and an ROE of 4.14%, indicating strong profitability and financial management.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 12:00 pm

EVRG

Wells Fargo analyst Sarah Akers has upgraded Evergy (NASDAQ:EVRG) from Equal-Weight to Overweight and increased the price target from $54 to $60, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 12:00 pm

JPM

Deutsche Bank analyst Matt O'Connor upgraded JPMorgan Chase (NYSE:JPM) from Hold to Buy and increased the price target from $140 to $190, indicating a positive outlook on the bank's stock.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 11:58 am

BTCUSD

Bloomberg Intelligence's Mike McGlone cautions investors about Bitcoin's recent rally, suggesting a potential peak and upcoming correction. He relates the current market situation to past highs and points to the SEC's decision on a spot Bitcoin ETF as a pivotal moment. McGlone advises against becoming 'overweight' in Bitcoin at this time. Bitcoin was trading at $46,703.35, up 7% on Tuesday.

Portfolio Pulse from Mehab Qureshi

January 09, 2024 | 11:56 am