Streetbeat News

Price Targets

MKSI

Analysts have updated their ratings and price targets for MKS Instruments (NASDAQ:MKSI), showing a positive outlook with an average 12-month price target of $127.0, up 19.59% from the previous $106.20. Recent updates include raised price targets from Wells Fargo, Keybanc, Benchmark, and Needham, reflecting optimism about the company's future performance despite a -17.86% revenue decline and challenges in debt management and return metrics.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:01 pm

ZTS

Zoetis (NYSE:ZTS) received mixed analyst ratings over the past three months, with a recent shift towards more bullish perspectives. The average 12-month price target for ZTS has been raised to $225.25, reflecting a 2.97% increase from the previous target. Analysts from Stifel, Piper Sandler, Barclays, and Goldman Sachs have adjusted their ratings and price targets, indicating a positive outlook on Zoetis's performance. The company, a leader in animal health products, has shown strong financial indicators such as revenue growth, net margin, ROE, and ROA, despite a high debt-to-equity ratio and market capitalization below industry average.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:00 pm

MLM

Martin Marietta Materials (NYSE:MLM) received mixed ratings from 10 analysts, with an updated average 12-month price target of $615.5, marking a 15.43% increase from the previous target. Analysts from firms like Truist Securities, JP Morgan, and Goldman Sachs have raised their price targets, reflecting optimism about MLM's financial performance, including a solid revenue growth rate of 8.92% and an impressive net margin of 19.49%. However, the company faces challenges with a high debt-to-equity ratio of 0.59.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:00 pm

MKSI

Wells Fargo analyst Joseph Quatrochi has maintained an Equal-Weight rating on MKS Instruments (NASDAQ:MKSI) and increased the price target from $115 to $120.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:40 pm

WING

Truist Securities analyst Jake Bartlett maintains a Hold rating on Wingstop (NASDAQ:WING) and raises the price target from $292 to $307.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:39 pm

LRCX

Wells Fargo analyst Joseph Quatrochi has maintained an Equal-Weight rating on Lam Research (LRCX) and increased the price target from $930 to $980.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:39 pm

VMC

Truist Securities analyst Keith Hughes has maintained a Buy rating on Vulcan Materials (VMC) and increased the price target from $300 to $320.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:38 pm

KLAC

Wells Fargo analyst Joseph Quatrochi has maintained an Overweight rating on KLA (NASDAQ:KLAC) and increased the price target from $760 to $805.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:38 pm