Streetbeat News

Analyst Ratings

QDEL

RBC Capital analyst Conor McNamara has maintained an Outperform rating on QuidelOrtho (NASDAQ:QDEL) but has reduced the price target from $140 to $130.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 3:06 pm

XPO

JP Morgan analyst Brian Ossenbeck has maintained an Overweight rating on XPO Logistics (NYSE:XPO) and increased the price target from $88 to $97, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 3:06 pm

UNP

JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Union Pacific (NYSE:UNP) and increased the price target from $238 to $240.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 3:05 pm

MS

RBC Capital analyst Gerard Cassidy has reiterated a 'Sector Perform' rating on Morgan Stanley (NYSE:MS) and maintained the price target of $85.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 3:02 pm

EXPD

Analysts have provided varying ratings for Expeditors Intl (NYSE:EXPD) over the last quarter, with a recent shift towards a more bearish stance. The average 12-month price target is $99.2, down from $100.60, with a high estimate of $111.00 and a low of $84.00. Expeditors Intl is a non-asset-based logistics provider facing revenue challenges, with a -49.8% decline over 3 months as of September 30, 2023, but it has strong profitability indicators such as a net margin of 7.82% and an ROE of 6.79%.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 3:00 pm

TBLA

Analysts have recently provided various assessments of Taboola.com Ltd (NASDAQ:TBLA), with 6 analysts rating the stock as bullish over the past three months. The average 12-month price target for TBLA has been raised to $5.83, up from $5.00, with a high estimate of $6.00 and a low of $5.00. Daniel Day of B. Riley Securities raised his price target from $5.00 to $6.00. Taboola.com's financial health indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management are positive, with the company showing strong performance and effective cost management.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 3:00 pm

R

JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Ryder System (NYSE:R) and increased the price target from $110 to $117.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 3:00 pm

WBS

Webster Financial Corp (NYSE:WBS) has received varied analyst ratings over the past three months, with a recent upward trend in price targets, now averaging $52.00. The company shows strong revenue growth and net margin, but lags in ROE. It operates primarily in the Northeastern U.S., offering a range of financial services. Analysts from firms like Keefe, Bruyette & Woods and Piper Sandler have raised their price targets, while others from Raymond James and Wells Fargo have lowered theirs.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 3:00 pm

HUBG

Hub Group (NASDAQ:HUBG) has been the subject of diverse analyst ratings over the past three months, with 7 analysts offering opinions ranging from bullish to bearish. The average 12-month price target for HUBG is $89.14, with a high estimate of $110.00 and a low estimate of $75.00, marking a 7.43% decrease in the average target. Analysts from firms including JP Morgan, Benchmark, Barclays, Susquehanna, and Morgan Stanley have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Hub Group's financials show a -24.39% decline in revenue growth as of September 30, 2023, but strong profitability with a net margin of 2.97% and efficient use of equity and assets, as indicated by ROE of 1.88% and ROA of 1.07%. The company has a low debt-to-equity ratio of 0.34.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 3:00 pm

BXMT

Muddy Waters Research, a notable short-selling firm, is targeting Blackstone Mortgage Trust Inc. (NYSE:BXMT) for a potential short-sell opportunity in 2024. Blackstone Inc.'s private REIT and BXMT have faced challenges in 2023, with the former limiting shareholder redemptions and the latter struggling with high interest rates and share price volatility. BXMT's focus on commercial real estate financing is risky due to high vacancy rates and potential defaults. Muddy Waters predicts a dividend cut and liquidity crisis for BXMT in 2024, which could lead to significant losses and insolvency risks.

Portfolio Pulse from Eric McConnell

December 21, 2023 | 3:00 pm