Streetbeat News

Price Targets

TAP

Citigroup analyst Filippo Falorni maintains a Neutral rating on Molson Coors Beverage (TAP) and raises the price target from $63 to $66.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 12:03 pm

BOOT

Analysts have updated their ratings on Boot Barn Holdings (NYSE:BOOT), with a mix of bullish to bearish sentiments. The average 12-month price target is now $94.25, up 6.2% from the previous $88.75. Recent actions include both raised and lowered price targets by analysts from Piper Sandler, Baird, and B. Riley Securities. Boot Barn's financials show positive revenue growth but below-average ROE, with strong net margin and ROA, and a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 12:02 pm

KLAC

Analyst ratings for KLA (NASDAQ:KLAC) show a mix of bullish and bearish perspectives with a recent positive shift in the 12-month price target to $685.22, up 8.15% from $633.57. The company, a major player in semiconductor wafer fabrication equipment, faces a -16.66% revenue decline but maintains strong profitability indicators such as a net margin of 23.43% and ROE of 19.31%. Analysts' actions and price target adjustments reflect evolving market conditions and KLA's performance.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 12:01 pm

HON

Analysts have mixed views on Honeywell Intl (NASDAQ:HON), with ratings ranging from bullish to bearish over the last quarter. The average 12-month price target is $225.2, reflecting a slight increase from the previous target. Recent actions by analysts include adjustments to ratings and price targets, with some raising and others lowering their expectations based on Honeywell's market performance and financial indicators. Honeywell, a global multi-industry company, has shown significant market capitalization, revenue growth, and strong financial performance metrics such as net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 12:01 pm

JANX

Janux Therapeutics (NASDAQ:JANX) received mixed analyst ratings with an updated average 12-month price target of $63.83, marking a significant increase from the previous $27.67. Analysts from firms like JonesTrading, BTIG, and Cantor Fitzgerald have set targets ranging from $48.00 to $100.00, reflecting a bullish outlook despite the company's recent revenue decline of -13.5% and challenges in net margin and ROE.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 12:00 pm

ITCI

Needham analyst Ami Fadia has reiterated a Buy rating on Intra-Cellular Therapies (NASDAQ:ITCI) and maintained a price target of $82.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 12:00 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) has seen a diverse range of analyst ratings over the last three months, with a notable positive shift in the average 12-month price target to $908.31, up 59.27% from the previous $570.30. Analysts from firms like Loop Capital, Northland Capital Markets, and JP Morgan have raised their price targets significantly, reflecting a bullish outlook on SMCI's performance. The company has demonstrated strong financial health with a revenue growth rate of 103.25%, a net margin of 8.08%, and an ROE of 11.29%, outperforming industry benchmarks.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 12:00 pm

CL

Citigroup analyst Filippo Falorni maintains a Buy rating on Colgate-Palmolive (NYSE:CL) and raises the price target from $95 to $100.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 11:59 am

SAM

Citigroup analyst Filippo Falorni has maintained a Neutral rating on Boston Beer Co (NYSE:SAM) while lowering the price target from $350 to $315.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 11:56 am

SNPO

Truist Securities analyst Keith Hughes downgraded Snap One Holdings (SNPO) from Buy to Hold and reduced the price target from $12 to $10.75.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 11:56 am