Streetbeat News

Price Targets

META

Truist Securities analyst Youssef Squali maintains a Buy rating on Meta Platforms (META) and raises the price target from $525 to $550.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:22 pm

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Wall Street analysts have updated their price targets and ratings for several US-listed companies, impacting their stock prices. Unity Biotechnology, Amgen, Johnson & Johnson, Antero Resources, J.B. Hunt Transport Services, Strategic Education, Urban Outfitters, Marinus Pharmaceuticals, Visa, and The Bank of New York Mellon Corporation all saw changes in their analyst forecasts.

Portfolio Pulse from Avi Kapoor

April 17, 2024 | 12:21 pm

CBSH

Piper Sandler analyst Nathan Race maintains a Neutral rating on Commerce Bancshares (NASDAQ:CBSH) and raises the price target from $53 to $54.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:20 pm

JBHT

Benchmark analyst Christopher Kuhn reiterates a Buy rating on JB Hunt Transport Servs (NASDAQ:JBHT) and maintains a $215 price target.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:19 pm

HWC

Piper Sandler analyst Brett Rabatin maintains an Overweight rating on Hancock Whitney (NASDAQ:HWC) but lowers the price target from $55 to $52.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:19 pm

OMC

Wells Fargo analyst Steven Cahall upgrades Omnicom Group (OMC) from Equal-Weight to Overweight and increases the price target from $91 to $106.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:08 pm

TCOM

Benchmark analyst Fawne Jiang has reiterated a Buy rating on Trip.com Group (NASDAQ:TCOM) and maintained a $55 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:05 pm

JKHY

In the latest quarter, Jack Henry & Associates (NASDAQ:JKHY) received neutral ratings from 4 analysts, with no changes in sentiment over the past 30 days. The average 12-month price target for JKHY has been raised to $178.75, reflecting a 7.68% increase from the previous target of $166.00. Analysts from Baird, Evercore ISI Group, and RBC Capital have adjusted their price targets, indicating a response to recent company performance and market dynamics. Jack Henry, a provider of services for U.S. banks and credit unions, shows strong financial indicators such as a 7.99% revenue growth rate, a net margin of 16.85%, and an ROE of 5.43%, despite a lower market capitalization compared to industry peers.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 12:01 pm

GEV

Exane BNP Paribas has initiated coverage on GE Vernova (NYSE:GEV) with an Outperform rating and set a price target of $177.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:01 pm

CRNC

Cerence (NASDAQ:CRNC) has received mixed analyst ratings over the past three months, with a total of 4 ratings including 1 bullish and 3 indifferent. The average 12-month price target for Cerence is now $20.25, marking a 12.5% increase from the previous target of $18. Analyst actions include adjustments to ratings and price targets, reflecting dynamic market conditions and Cerence's performance. Cerence's financials show strong revenue growth, net margin, ROE, and ROA, with a conservative debt management approach.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 12:01 pm