Streetbeat News

Analyst Ratings

FISV

Wedbush analyst Moshe Katri has reiterated an Outperform rating on Fiserv, maintaining a price target of $150. The company's stock symbol is FISV, not FI as mentioned in the article.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:49 pm

PANW

Cantor Fitzgerald analyst Jonathan Ruykhaver has reiterated an Overweight rating on Palo Alto Networks (NASDAQ:PANW) with a maintained price target of $280.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:47 pm

ABR

Viceroy Research has taken a short position on Arbor Realty Trust (NYSE:ABR), criticizing the company's loan book and collateral valuation. Viceroy claims Arbor's CLOs are distressed, with a DSCR of 0.63x and an LTV of ~77%. They argue that the appraised values of properties are unrealistic, with cap rates at ~4.7% versus a risk-free rate of ~4.6%. A revaluation at a 7% cap rate could eliminate Arbor's LTV buffer and equity. Viceroy also notes Arbor's borrowers may not have interest rate caps as claimed, and properties are undermaintained. Arbor's new loan generation is slowing, reflecting a non-viable multifamily residential investment business.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:46 pm

HTLF

Piper Sandler analyst Andrew Liesch has maintained an Overweight rating on Heartland Financial USA (NASDAQ:HTLF) and increased the price target from $35 to $38.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:45 pm

VRTX

Cantor Fitzgerald analyst Olivia Brayer has reiterated an Overweight rating on Vertex Pharmaceuticals (NASDAQ:VRTX) and maintained a price target of $380.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:44 pm

HTLF

Piper Sandler analyst Andrew Liesch has maintained an Overweight rating on Heartland Financial USA (NASDAQ:HTLF) and increased the price target from $35 to $38.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:44 pm

VTLE

Piper Sandler analyst Mark Lear has maintained a Neutral rating on Vital Energy (NYSE:VTLE) but has reduced the price target from $64 to $55. This adjustment reflects a more conservative valuation of VTLE's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:40 pm

INTC

Intel's stock (INTC) is trading higher following an upgrade from Neutral to Buy by Mizuho, with a price target increase from $37 to $50.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:37 pm

MUR

Piper Sandler analyst Mark Lear has maintained an Overweight rating on Murphy Oil (NYSE:MUR) and increased the price target from $52 to $56. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:37 pm