Streetbeat News

Analyst Ratings

FIVE

Over the past three months, 10 analysts have provided diverse ratings for Five Below (NASDAQ:FIVE), with a shift towards more bullish sentiment in the last 30 days. The average 12-month price target has risen to $221.9, up 6.05% from the previous target. Analysts from firms like Barclays, Evercore ISI Group, Truist Securities, JP Morgan, Morgan Stanley, Wells Fargo, Citigroup, and Telsey Advisory Group have raised their price targets, indicating a positive outlook on the company's performance. Five Below, a value-oriented retailer, has shown strong financials with a market cap above industry average, revenue growth of 14.17%, high net margin, ROE, and ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 6:00 pm

FCX

Freeport-McMoRan (NYSE:FCX) received mixed analyst ratings with 2 somewhat bullish and 4 indifferent ratings in the past three months. The average 12-month price target is $42.0, down from $43.20. Analysts from Raymond James, UBS, Morgan Stanley, BMO Capital, and JP Morgan have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Freeport-McMoRan is a major mining company with diverse assets and has shown a revenue growth rate of 16.41% as of September 30, 2023, but faces challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 6:00 pm

BLDR

Builders FirstSource (NYSE:BLDR) has been the subject of 10 analyst reviews in the past three months, with a mix of bullish and somewhat bullish ratings, and no bearish sentiments. The average 12-month price target is $166.2, down from $170.00, with a high estimate of $200.00 and a low of $143.00. Recent actions by analysts include both raised and lowered price targets and ratings. The company faces challenges with a revenue decline of -21.3% over 3 months, a below-average net margin of 9.96%, and an ROE of 10.12%, but it has a strong ROA of 4.21% and a healthy debt-to-equity ratio of 0.85.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 6:00 pm

BJ

BJ's Wholesale Club (NYSE:BJ) has been rated by 6 analysts over the past three months, all maintaining an 'Indifferent' stance. The average 12-month price target is $68.83, with recent adjustments showing a decrease of 6.99%. Analysts from Wells Fargo, Citigroup, Roth MKM, Evercore ISI Group, Deutsche Bank, and Goldman Sachs have provided ratings and adjusted price targets. BJ's financials show a market cap below industry benchmarks, a revenue growth of 2.91%, a net margin of 2.65%, an ROE of 10.09%, an ROA of 1.94%, and a high debt-to-equity ratio of 2.29.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 6:00 pm

TFC

Truist Financial Corp (TFC) shares saw a recovery in early trading on Thursday after a sharp decline the previous session. BofA Securities analyst Ebrahim Poonawala upgraded TFC from Neutral to Buy and raised the price target from $37 to $43, citing the company's favorable position for potential interest rate cuts by the Federal Reserve in 2024. Poonawala believes that Truist's modest liability sensitivity and potential for management to exceed cost-saving targets following its merger with SunTrust/BB&T will benefit the company. Additionally, the sale of its stake in TIH could unlock capital and provide earnings per share optionality.

Portfolio Pulse from Priya Nigam

January 04, 2024 | 5:58 pm

COLL

Needham analyst Serge Belanger has maintained a Buy rating on Collegium Pharmaceutical (NASDAQ:COLL) and increased the price target from $36 to $40.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 5:54 pm

EPAM

Piper Sandler analyst Arvind Ramnani has maintained an Overweight rating on EPAM Systems (NYSE:EPAM) and increased the price target from $265 to $339. This adjustment reflects a positive outlook on the company's stock, suggesting potential for growth.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 5:52 pm

PCG

On CNBC, Jim Lebenthal discussed his contrarian investment idea, suggesting that utilities could be a good investment. He specifically mentioned Pacific Gas & Electric Co. (PCG) as part of this sector discussion.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 5:50 pm

BLK

Morgan Stanley analyst Michael Cyprys projects positive earnings for BlackRock, Inc (NYSE:BLK) with a slight increase in revenues but expects a decrease in adjusted operating income and EPS for Q4 2023. Cyprys is interested in BlackRock's insights on various key areas and has raised his price target from $897 to $952, maintaining an Overweight rating and selecting it as his Top Pick. BlackRock's diversified business and Aladdin technology platform are seen as strengths. BLK shares are up by 0.59% at $788.78.

Portfolio Pulse from Anusuya Lahiri

January 04, 2024 | 5:38 pm

AFL

Evercore ISI Group analyst Thomas Gallagher has downgraded Aflac (NYSE:AFL) from In-Line to Underperform, while also raising the price target from $76 to $78.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 5:35 pm