Streetbeat News

Price Targets

COIN

JMP Securities analyst Devin Ryan reiterated a Market Outperform rating on Coinbase Global (NASDAQ:COIN) and maintained a $320 price target.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:03 pm

TRU

TransUnion shares are trading higher following price target upgrades from multiple analysts.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:03 pm

BPMC

JMP Securities analyst Reni Benjamin maintains a Market Outperform rating on Blueprint Medicines (NASDAQ:BPMC), raising the price target from $114 to $125.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:02 pm

CNHI

JP Morgan analyst Tami Zakaria maintains a Neutral rating on CNH Industrial (NYSE:CNHI) and lowers the price target from $14.5 to $14.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:02 pm

AXTI

In the past three months, 10 financial analysts have provided ratings for AXT Inc (NASDAQ:AXTI), showing a shift towards a more bullish outlook. The average 12-month price target for AXTI has been raised to $5.11 from $3.64, indicating a 40.38% increase. Analysts from firms like Wedbush, Needham, Craig-Hallum, and B. Riley Securities have maintained or raised their ratings and price targets, reflecting optimism about AXTI's future performance. Despite this, AXT's financial performance shows challenges with a revenue decline of -23.76% and below-average ROE and ROA, though it maintains a strong net margin and a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:01 pm

ACLS

Axcelis Technologies (NASDAQ:ACLS) received mixed analyst ratings with a shift towards bullish sentiment in the last 30 days. The average 12-month price target was adjusted to $155.00 from a previous $175.00, indicating a downward revision. Analysts from B. Riley Securities, Benchmark, and Craig-Hallum have adjusted their price targets and maintained a 'Buy' rating, reflecting changes in market dynamics and company performance. Axcelis Technologies showcases strong financial health with notable revenue growth, high net margin, and effective debt management, positioning it positively in the semiconductor equipment industry.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:01 pm

IAC

6 analysts have updated their ratings and price targets for IAC (NASDAQ:IAC), showing a mix of bullish and bearish perspectives. The average 12-month price target is now $70.33, up from $68.17, indicating a positive outlook. Key analysts from firms like Keybanc, UBS, Barclays, and Truist Securities have adjusted their ratings, reflecting changes in market conditions and IAC's performance. Despite facing a revenue decline of -15.12% as of December 31, 2023, IAC maintains strong profitability indicators such as a net margin of 30.11%, ROE of 5.39%, and ROA of 3.12%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:00 pm

MCO

In the last three months, 12 financial analysts have provided diverse evaluations of Moody's (NYSE:MCO), with a shift towards a more bullish sentiment in the last 30 days. The average 12-month price target for MCO has been raised to $408.58, reflecting a 2.03% increase from the previous target. Analysts from firms like Baird, Barclays, and Oppenheimer have adjusted their ratings and price targets, indicating a positive outlook on Moody's financial performance, which includes a strong revenue growth rate of 14.73%, a high net margin of 22.97%, and an impressive ROE of 10.45%. However, Moody's faces challenges with a high debt-to-equity ratio of 2.23.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:00 pm

ITRI

Analyst ratings for Itron (NASDAQ:ITRI) show a mix of bullish and bearish perspectives with a recent trend towards more positive evaluations. The average 12-month price target has been raised to $106.6, reflecting an 11.42% increase from the previous target. Analysts from firms like Roth MKM, Piper Sandler, and Oppenheimer have adjusted their ratings and price targets, indicating a positive outlook on Itron's performance. The company's financial health is strong, with notable revenue growth, efficient cost management, and a sound financial structure.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:00 pm

APTV

Analysts have mixed views on Aptiv (NYSE:APTV), with recent ratings ranging from bullish to bearish. The average 12-month price target is now $103.33, down from $108.17, indicating a 4.47% decrease. Analyst actions include both downgrades and upgrades, reflecting changing market dynamics and company performance. Aptiv's financials show strong growth, with a revenue increase of 6.01% as of December 31, 2023, and a net margin of 18.4%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:00 pm