Streetbeat News

Price Targets

GPC

Truist Securities analyst Scot Ciccarelli has maintained a Buy rating on Genuine Parts (NYSE:GPC) and increased the price target from $157 to $167.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:06 pm

AZO

Truist Securities analyst Scot Ciccarelli has maintained a Buy rating on AutoZone (NYSE:AZO) and increased the price target from $3363 to $3523.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:02 pm

PTC

12 financial analysts have recently shared their evaluations of PTC (NASDAQ:PTC), showing a mix of bullish and bearish perspectives. The average 12-month price target is $199.92, indicating an 11.87% increase from the previous target. Analysts' actions include maintaining and raising ratings, with price targets ranging from $177.00 to $210.00. PTC's financial performance shows an 18.09% revenue growth rate, but it faces challenges with below-industry net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 12:01 pm

FIGS

Analysts have recently updated their ratings and price targets for FIGS (NYSE:FIGS), showing a mix of sentiments. Over the last three months, 6 analysts have provided ratings, with a current average price target of $6.39, down from $8.31. The ratings range from 'Underperform' to 'Outperform', with recent actions including lowering of price targets by several analysts. FIGS's financial performance shows positive revenue growth, a strong net margin, but a below-average return on equity.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 12:01 pm

TRMB

Analysts have varied opinions on Trimble (NASDAQ:TRMB), with recent ratings showing a shift towards a more bullish outlook. The average 12-month price target has risen to $65.38 from $56.00, indicating a 16.75% increase. Analyst actions include maintaining and raising ratings, with price targets adjusted accordingly. Trimble's financial performance is strong, with notable revenue growth, net margin, ROE, and ROA, although its debt-to-equity ratio suggests potential financial challenges.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 12:00 pm

DOCS

Doximity (NYSE:DOCS) has been analyzed by 6 analysts, showing a shift towards a more neutral stance in the last three months with 5 indifferent ratings recently. The average 12-month price target for DOCS is now $29.17, up from $26.00, indicating a 12.19% increase. The company's financial health appears strong, with significant revenue growth, high net margin, and efficient asset and equity management. Analysts' actions and price target adjustments reflect their response to Doximity's performance and market conditions.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 12:00 pm

AAP

Truist Securities analyst Scott Ciccarelli maintains a Hold rating on Advance Auto Parts (AAP) and raises the price target from $60 to $70.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:00 pm

SWAV

Piper Sandler analyst Adam Maeder has maintained an Overweight rating on Shockwave Medical (NASDAQ:SWAV) and increased the price target from $290 to $360.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 11:57 am

SO

Mizuho analyst Anthony Crowdell maintains a Buy rating on Southern (NYSE:SO) and raises the price target from $73 to $76.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 11:55 am

WOOF

Petco Health and Wellness shares dropped following a downgrade by B of A Securities from Buy to Underperform, with a price target reduction from $5 to $1.50.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 11:45 am