Streetbeat News

Price Targets

AVB

AvalonBay Communities (NYSE:AVB) has been analyzed by 8 analysts, showing a shift towards a more cautious stance with 6 indifferent ratings recently. The average 12-month price target for AVB is now $193.56, up from $189.67, indicating a positive outlook despite the cautious ratings. The company's financial performance is strong, with a 5.23% revenue growth, a net margin of 34.1%, and an ROE of 2.04%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:01 pm

CMI

Cummins (NYSE:CMI) has received mixed analyst ratings over the past three months, with a total of 6 analysts offering their evaluations. The average 12-month price target for Cummins is now $263.33, up 5.97% from the previous $248.50, with targets ranging from $225.00 to $303.00. Analyst actions include both upgrades and downgrades, reflecting varied perspectives on the company's performance and market conditions. Cummins, a leading manufacturer of diesel engines and powertrain components, faces competition and regulatory challenges but maintains a strong market position. Financial indicators show notable revenue growth but below-average ROE and ROA, suggesting areas for improvement.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:00 pm

MGY

Magnolia Oil & Gas (NYSE:MGY) has been the subject of varied analyst ratings over the past three months, with a recent average price target of $26.6, a slight decrease from the previous $27.00. Analysts' actions range from raising to lowering ratings and price targets, reflecting diverse perspectives on the company's performance and market conditions. Despite facing a -7.57% decline in revenue growth for the quarter ending December 31, 2023, Magnolia Oil & Gas outperformed its peers in the Energy sector. However, its net margin, ROE, and ROA lag behind industry averages, indicating potential challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:00 pm

DRH

Analyst ratings for Diamondrock Hospitality (NYSE:DRH) have varied over the last quarter, with recent updates showing a mix of opinions. The average 12-month price target has been raised to $10.62, indicating a 9.82% increase from the previous target. Analysts from Truist Securities, Stifel, Wolfe Research, and Wells Fargo have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Diamondrock Hospitality, a real estate investment trust, has shown a revenue growth rate of 3.33% as of December 31, 2023, but faces challenges in profitability and efficiency, with below-industry averages in net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:00 pm

PCAR

PACCAR (NASDAQ:PCAR) has received mixed analyst ratings over the past quarter, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for PACCAR is now $112.25, marking a 15.33% increase from the previous target. Analysts from firms including Truist Securities, JP Morgan, Evercore ISI Group, UBS, Goldman Sachs, B of A Securities, and Morgan Stanley have updated their ratings and price targets, reflecting various adjustments based on market conditions and company performance. PACCAR, known for its medium- and heavy-duty trucks, has shown strong financial performance with notable revenue growth, net margin, ROE, ROA, and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:00 pm

FA

Stifel analyst Shlomo Rosenbaum maintains a Buy rating on First Advantage (NASDAQ:FA) and raises the price target from $16 to $21.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 2:00 pm

CBU

DA Davidson analyst Manuel Navas maintains a Neutral rating on Community Bank System (NYSE:CBU) and keeps the price target at $50.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:59 pm

ANIK

Stephens & Co. analyst George Sellers reiterated an Equal-Weight rating on Anika Therapeutics (NASDAQ:ANIK) and maintained a $22 price target.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:55 pm

OPRT

Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintains a Market Perform rating on Oportun Financial (NASDAQ:OPRT) and lowers the price target from $4.5 to $4.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:54 pm

WW

DA Davidson analyst Linda Bolton Weiser maintains a Buy rating on WW International (NASDAQ:WW) and keeps the price target at $12.5.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:54 pm