Streetbeat News

Analyst Ratings

FN

JP Morgan analyst Samik Chatterjee has downgraded Fabrinet (NYSE:FN) from Overweight to Neutral, while also raising the company's price target from $185 to $210.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:15 pm

GRMN

JP Morgan analyst Samik Chatterjee downgraded Garmin Ltd. (GRMN) from Overweight to Neutral and set a price target of $135.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:12 pm

NTAP

JP Morgan analyst Samik Chatterjee has downgraded NetApp (NASDAQ:NTAP) from Neutral to Underweight and set a price target of $87.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:09 pm

ST

JP Morgan analyst Samik Chatterjee has downgraded Sensata Technologies (NYSE:ST) from Neutral to Underweight and set a price target of $34.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:07 pm

OBDC

Blue Owl Capital (NYSE:OBDC) received mixed analyst ratings over the past quarter, with 3 somewhat bullish and 1 indifferent rating. The 12-month price targets show an average of $15.62, with a recent upward trend from the previous $15.00 average. Analysts from B. Riley Securities, RBC Capital, JMP Securities, and Raymond James have provided updates, with two maintaining and two raising their price targets. Blue Owl Capital, a specialty finance company, has seen a revenue decline of -19.83% over the past 3 months but maintains a high net margin of 91.81%. Its ROE and debt-to-equity ratio suggest some financial challenges.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 4:01 pm

CSCO

Cisco Systems (NASDAQ:CSCO) has received mixed analyst ratings over the last quarter, with a shift towards a more indifferent stance in the past 30 days. The average 12-month price target for Cisco is $52.33, with a high of $55.00 and a low of $50.00, marking an 8.59% decrease from the previous average. Recent actions by analysts include maintaining 'Hold' ratings and lowering price targets, reflecting changes in market dynamics and company performance. Cisco's financial performance is strong, with a market cap above industry average, revenue growth of 7.6%, a net margin of 24.8%, an ROE of 8.12%, an ROA of 3.63%, and a low debt-to-equity ratio of 0.17.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 4:00 pm

PEB

Six analysts have recently updated their ratings on Pebblebrook Hotel (NYSE:PEB), with a mix of indifferent and somewhat bearish views. Over the past three months, there have been no bullish ratings, with the sentiment shifting towards a more cautious stance in the last 30 days. The average 12-month price target for PEB is $13.25, with a high of $16.00 and a low of $11.00. The current average has slightly increased from $13.20. Analysts from B of A Securities and Morgan Stanley have underperform ratings with price targets of $13.50 and $11.00, respectively, while Wells Fargo has an equal-weight rating with a price target of $16.00 after adjustments. Pebblebrook Hotel's financials show a revenue decline of -5.01%, a net margin of -17.22%, an ROE of -2.36%, an ROA of -1.13%, and a debt-to-equity ratio of 0.94.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 4:00 pm

MET

MetLife (NYSE:MET) has been reviewed by 4 analysts in the last three months, with a mix of bullish and somewhat bullish ratings. The average 12-month price target is $77.0, down from the previous $79.0. Analysts from Goldman Sachs, Keefe, Bruyette & Woods, Barclays, and Morgan Stanley have provided updates, with price targets ranging from $71.00 to $80.00. MetLife's financials show challenges in revenue growth, net margin, ROE, and ROA, but a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 4:00 pm

SNX

JP Morgan analyst Joseph Cardoso has downgraded TD Synnex (NYSE:SNX) from Overweight to Neutral while slightly increasing the price target from $112 to $113.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 3:57 pm

PEB

B of A Securities analyst Shaun Kelley has downgraded Pebblebrook Hotel (NYSE:PEB) from Neutral to Underperform and set a price target of $13.5. This downgrade reflects a negative outlook on the stock's performance.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 3:54 pm