Streetbeat News

Analyst Ratings

ARE

Alexandria Real Estate Equities Inc (NYSE:ARE) has been analyzed by 5 analysts, showing a mix of bullish and bearish sentiments. The average 12-month price target is now $132.00, down from $156.00, with a high estimate of $154.00 and a low of $108.00. Analyst actions include ratings and price target adjustments from firms like Mizuho, JMP Securities, Wedbush, Exane BNP Paribas, and RBC Capital. Alexandria is an urban office REIT with strong market presence and financials, showing solid revenue growth, high net margin, and good ROE and ROA, with a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 3:00 pm

SRE

Ladenburg Thalmann analyst Paul Fremont has initiated coverage on Sempra (NYSE:SRE) with a Buy rating and set a price target of $81.5. This new coverage could influence investor sentiment and potentially impact Sempra's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:58 pm

ED

Ladenburg Thalmann analyst Paul Fremont has initiated coverage on Consolidated Edison (NYSE:ED) with a Neutral rating and set a price target of $92.5.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:55 pm

VFS

BTIG analyst Gregory Lewis has initiated coverage on VinFast Auto (NASDAQ:VFS) with a Buy rating and set a price target of $10.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:53 pm

AMD

NVDA

Nvidia (NVDA) and AMD (AMD) stocks are trading lower due to the Netherlands' restrictions on exporting specific lithography systems to China, impacting chip production. Despite a positive market outlook for 2024 with anticipated interest rate cuts, there's skepticism about the future performance of major tech companies, including Nvidia and AMD. DA Davidson analyst Gil Luria initiated coverage on Nvidia with a Neutral rating and a price target of $410.

Portfolio Pulse from Anusuya Lahiri

January 03, 2024 | 2:50 pm

CIO

EPR

FOR

The article discusses the potential benefits for real estate stocks due to the Fed's anticipated rate cuts in 2024. It highlights three real estate stocks trading at attractive valuations: Forestar Group Inc. (FOR), City Office REIT Inc. (CIO), and EPR Properties (EPR). FOR is noted for its land development and sales to builders, CIO for managing office properties in Sun Belt markets, and EPR for investing in experiential properties. The stocks are trading at significant discounts to their sector medians, making them potentially favorable investments in light of expected lower interest rates.

Portfolio Pulse from Surbhi Jain

January 03, 2024 | 2:49 pm

CRGY

Mizuho analyst Nitin Kumar has downgraded Crescent Energy (NYSE:CRGY) from Buy to Neutral and set a price target of $14. This reflects a change in the firm's outlook on the company's stock, potentially influencing investor sentiment and the stock's market performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:35 pm

CPE

Mizuho analyst Nitin Kumar has downgraded Callon Petroleum (CPE) from Buy to Neutral and set a price target of $40. This reflects a change in Mizuho's outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:34 pm

MRCY

Jefferies analyst Sheila Kahyaoglu has downgraded Mercury Systems (MRCY) from Hold to Underperform and reduced the price target from $35 to $30.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:32 pm

CACI

Jefferies analyst Sheila Kahyaoglu has downgraded CACI International from Buy to Hold and reduced the price target from $375 to $350.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:30 pm