Streetbeat News

Analyst Ratings

FHI

UBS analyst Adam Beatty has initiated coverage on Federated Hermes (NYSE:FHI) with a Neutral rating and set a price target of $35.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 3:11 pm

ROIV

Piper Sandler analyst Allison Bratzel has initiated coverage on Roivant Sciences (NASDAQ:ROIV) with an Overweight rating and set a price target of $20.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 3:08 pm

SNOW

Snowflake Inc. shares have risen following an Outperform rating and $230 price target initiation by RBC Capital.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 3:05 pm

HIMS

Tigress Financial analyst Ivan Feinseth has reiterated a Buy rating on Hims & Hers Health (NYSE:HIMS) and increased the price target from $14 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 3:03 pm

FTRE

William Blair analyst Max Smock has initiated coverage on Fortrea Holdings (NASDAQ: FTRE) with a Market Perform rating. This new coverage could influence investor perception and potentially impact the stock's performance in the market.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 3:03 pm

MCRI

Monarch Casino & Resort (NASDAQ:MCRI) has been evaluated by 4 financial analysts over the past three months, with mixed opinions. The average 12-month price target is now $77.00, down from $93.00, with a high estimate of $90.00 and a low of $65.00. Analysts Jeffrey Stantial of Stifel and Barry Jonas of Truist Securities have both lowered their price targets. Monarch Casino & Resort's financial performance shows a slight revenue decline, an exceptional net margin, and strong ROE and ROA, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:01 pm

DIOD

Analysts have provided mixed ratings for Diodes (NASDAQ:DIOD) with a negative shift in sentiment, as the average 12-month price target has been decreased by 27.74% to $71.00. Key analysts from firms like Truist Securities, Benchmark, Wells Fargo, and Baird have lowered their price targets, reflecting changes in market dynamics and company performance. Diodes Inc is a semiconductor manufacturer facing a revenue decline of -22.37% over the last 3 months but has strong financial indicators such as a high net margin of 12.04% and ROE of 2.91%.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:01 pm

SPOT

Spotify Technology SA (NYSE: SPOT) has seen a 130% return in 2023, with organizational changes including a 17% reduction in headcount. Analysts are optimistic, with 3 recent Buy ratings and raised price targets, citing strong performance, financial discipline, and potential for margin expansion. The consensus rating is a Buy with an average price target of $211.60.

Portfolio Pulse from Surbhi Jain

January 05, 2024 | 3:01 pm

NOG

Northern Oil & Gas (NYSE:NOG) has been analyzed by 7 analysts, showing diverse opinions with 3 bullish, 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish ratings. The average 12-month price target is $47.00, down from $50.33, with a high of $55.00 and a low of $39.00. Analysts from firms including B of A Securities, Morgan Stanley, Truist Securities, Stifel, RBC Capital, Piper Sandler, and Raymond James have provided updates, with some maintaining and others raising or lowering their price targets. The company's financials show a market cap below industry average, a recent revenue decline of -3.84%, a net margin of 5.08%, an ROE of 1.85%, an ROA of 0.66%, and a high debt-to-equity ratio of 1.46.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:01 pm

EPR

EPR Props (NYSE:EPR), a real estate investment trust, has received mixed analyst ratings over the past quarter, with a shift towards a more bearish sentiment. The average 12-month price target has been reduced by 2.89% to $48.8. Keybanc, JP Morgan, Truist Securities, JMP Securities, and Stifel are among the firms that have updated their ratings and price targets. EPR Props has shown strong financial performance with a revenue growth of 16.6%, a net margin of 28.71%, and an ROE of 2.03%. The company's debt-to-equity ratio is below industry norms at 1.23, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:00 pm