Streetbeat News

Price Targets

TGT

Telsey Advisory Group has reiterated its 'Outperform' rating for Target (NYSE:TGT) with a maintained price target of $195, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 9:06 pm

DRVN

Driven Brands Holdings (NASDAQ: DRVN) has received mixed analyst ratings over the past three months, with a recent increase in the average 12-month price target to $17.29. Analysts have adjusted their ratings and price targets, reflecting diverse outlooks. Despite revenue growth, the company faces challenges with profitability, return on equity, and debt management.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 9:01 pm

MP

Analysts have provided mixed ratings on MP Materials (NYSE:MP) over the past three months, with a range of bullish to bearish perspectives. The average 12-month price target has decreased by 5.77% to $19.12. MP Materials faces challenges with a significant revenue decline and below-average ROE and ROA, but maintains a strong net margin. Analysts have adjusted their ratings and price targets in response to these developments.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 9:00 pm

RWT

Analysts have recently evaluated Redwood Trust (NYSE:RWT), with a mix of bullish and bearish perspectives. The average 12-month price target has increased by 8.64% to $7.92. Analysts have raised their ratings and price targets, reflecting positive sentiment. Redwood Trust has shown strong financial performance with a 52.16% revenue growth rate and a net margin of 21.71%, but its debt-to-equity ratio is notably high.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:01 pm

BK

The article provides an analysis of recent analyst ratings for Bank of New York Mellon (NYSE:BK), highlighting a mix of bullish and bearish perspectives. Analysts have raised the average 12-month price target to $68.0, with a high of $75.00 and a low of $61.00. The company's financial performance shows revenue growth but lags behind industry peers in net margin, ROE, and ROA. However, its debt management is better than the industry average.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:01 pm

HTZ

Analysts have provided mixed ratings for Hertz Global Holdings (NASDAQ:HTZ) over the past three months, with a shift towards more bearish sentiments. The average 12-month price target has decreased by 22.17% to $4.67. Analysts have adjusted their ratings and price targets, reflecting concerns over Hertz's financial performance, including negative revenue trends and high debt levels.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:00 pm

MFA

In the past three months, analysts have shown a somewhat bullish sentiment towards MFA Financial Inc (NYSE:MFA), with all four analysts rating it as 'Somewhat Bullish'. The average 12-month price target has increased by 8.95% to $13.75. Analysts from Raymond James, JMP Securities, Wedbush, and Keefe, Bruyette & Woods have raised their price targets, indicating positive expectations for the company's performance. MFA Financial has demonstrated strong financial metrics, including a 767.48% revenue growth rate and a net margin of 45.05%.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:00 pm

TPB

Turning Point Brands shares rose after Roth MKM initiated coverage with a Buy rating and set a $50 price target.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:58 pm

WVE

Wave Life Sciences shares rose after B. Riley Securities initiated coverage with a Buy rating and set a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:49 pm

LUNR

Intuitive Machines shares rose after B. Riley Securities increased its price target from $8 to $12.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:38 pm