Streetbeat News

Analyst Ratings

RUN

Analyst ratings for Sunrun (NASDAQ:RUN) show a mix of bullish to bearish sentiments, with 19 analysts providing varied opinions. Over the last quarter, the average 12-month price target was reduced by 21.58% to $20.89. Recent actions by analysts include both upgrades and downgrades, with price targets ranging from $12.00 to $35.00. Sunrun's financials indicate challenges with a -10.88% revenue decline, a -189.9% net margin, and a debt-to-equity ratio of 1.9, suggesting financial risk.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 8:01 pm

LPLA

LPL Financial Holdings (NASDAQ:LPLA) received mixed analyst ratings over the past three months, with 3 somewhat bullish and 5 indifferent ratings. The average 12-month price target is $257.38, slightly up from the previous $257.00. Analysts from firms including TD Cowen, Redburn Atlantic, Morgan Stanley, Barclays, JP Morgan, and JMP Securities have provided various ratings and price target adjustments. LPL Financial Holdings is an independent broker/dealer with a positive revenue trend, exceptional net margin, and strong ROE and ROA, indicating robust financial health.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 8:00 pm

FLNC

In the last three months, 12 analysts have provided ratings on Fluence Energy (NASDAQ:FLNC), with a mix of bullish to bearish sentiments. The average 12-month price target is $26.5, with a high of $33.00 and a low of $18.00. The current average has slightly declined by 0.38% from the previous $26.60. Analysts from firms like B of A Securities, RBC Capital, and Morgan Stanley have raised their price targets, while Barclays and JP Morgan have lowered theirs. Fluence Energy is involved in energy storage and digital applications for renewables, with a majority of revenue from the Americas. It has shown a revenue growth of 52.26% as of September 30, 2023, a net margin of 0.49%, an ROE of 0.82%, and an ROA of 0.22%, with a low debt-to-equity ratio of 0.13.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 8:00 pm

FMC

FMC (NYSE:FMC) has been evaluated by 15 financial analysts over the last three months, showing a mix of bullish to bearish sentiments. The average 12-month price target for FMC is now $72.0, down 25.77% from previous estimates, with a high of $98.00 and a low of $59.00. Analysts have adjusted their ratings and price targets, reflecting a negative shift in sentiment. FMC's financials indicate challenges with a -28.7% revenue decline, a net margin of -0.36%, ROE of -0.11%, ROA of -0.03%, and a high debt-to-equity ratio of 1.25.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 8:00 pm

AMZN

Amazon.com, Inc (NASDAQ:AMZN) is highlighted as a top pick for 2024 by numerous analysts, with five firms naming it their top pick on a single Wednesday. Analysts cite reaccelerating AWS growth, underappreciated AI exposure, operating efficiency, and advertising opportunities as reasons for optimism. Wedbush labels it the 'everything stock' and Satori Fund views it as a defensive play. Despite the positive outlook, AMZN shares were down 2.15% at $145.28 on Thursday.

Portfolio Pulse from Adam Eckert

January 04, 2024 | 7:50 pm

IWM

SPY

VOO

Mohamed El-Erian, Allianz's chief economic adviser, believes the bond market, with the U.S. 10 Year Treasury around 4%, is now more consistent with the economic outlook, suggesting the economy may avoid a deep recession. He previously indicated that a 2 Year Treasury Yield around 4% would make him more bullish on future stock market performance. The bond market is currently projecting a 62% chance of a rate cut in March. Meanwhile, SPDR S&P 500 (SPY) and Vanguard S&P 500 ETF (VOO) were slightly negative, while the iShares Russell 2000 ETF (IWM) was up slightly in Thursday's session.

Portfolio Pulse from Adam Eckert

January 04, 2024 | 7:43 pm

EFX

HRT

TRU

Needham analyst Kyle Peterson has maintained a Buy rating on Equifax Inc (EFX) and raised the price target from $230 to $305, naming it the Top Pick for 2024 and adding it to the Needham Conviction List. Peterson expects mortgage rate declines to provide tailwinds for EFX in 2024. EFX's non-mortgage businesses are scaling and showing record growth, which should benefit the company. EFX's data platform and workforce solutions segment are seen as differentiators from competitors like Experian Plc (EXPGY) and TransUnion (TRU). Peterson anticipates EFX shares to significantly outperform in 2024 with a favorable risk-reward at a P/E multiple of 25x his FY25 estimate. EFX shares were up 1.07% at $235.53 on last check.

Portfolio Pulse from Anusuya Lahiri

January 04, 2024 | 7:36 pm

BCC

LLY

MMM

PFE

SPY

Marc Chaikin, CEO of Chaikin Analytics, remains optimistic about the stock market despite a shaky start in 2024, suggesting there's more upside to come. He believes opportunities lie outside the 'Magnificent Seven' tech giants, particularly in the S&P 500 stocks. The SPDR S&P 500 ETF (SPY) mirrors the index's performance. Chaikin's Power Gauge rating turned bullish on Pfizer (PFE) and he recommends selling Eli Lilly (LLY) due to its high P/E ratio. He favors stocks in industrials, consumer discretionary, financials, materials, and selective tech, highlighting Boise Cascade (BCC) and 3M (MMM) as his current favorites.

Portfolio Pulse from Neil Dennis

January 04, 2024 | 7:29 pm

ELVA

Craig-Hallum analyst Eric Stine has maintained a Buy rating on Electrovaya (NASDAQ:ELVA) but has reduced the price target from $14 to $10.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 7:28 pm

ENPH

Enphase Energy's stock (ENPH) is trading lower following a downgrade by Keybanc from Overweight to Sector Weight.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 7:27 pm