Streetbeat News

Price Targets

MGY

Mizuho analyst Nitin Kumar has maintained a Neutral rating on Magnolia Oil & Gas (MGY) and increased the price target from $24 to $26.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:06 pm

CHRD

Mizuho analyst Nitin Kumar has maintained a Buy rating on Chord Energy (NASDAQ:CHRD) and increased the price target from $189 to $195.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:05 pm

FTV

Fortive (NYSE:FTV) received mixed analyst ratings over the past three months, with a notable shift towards a more bullish outlook in the last 30 days. The average 12-month price target for FTV has been raised to $85.00, up from $75.40, indicating a 12.73% increase. Analysts from firms including Truist Securities, RBC Capital, Mizuho, JP Morgan, and Wells Fargo have adjusted their ratings and price targets, reflecting changes in market conditions and Fortive's performance. Fortive, a diversified industrial technology company, reported a revenue growth of 3.52% for 2023, with a net margin of 16.75% but lagging ROE and ROA compared to industry averages.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

NPCE

NeuroPace shares surged following JP Morgan's decision to maintain an Overweight rating on the stock, while also increasing its price target from $9 to $17.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:00 pm

URI

Recent analysis of United Rentals (NYSE:URI) by 10 analysts shows a mix of bullish to bearish sentiments, with an updated average 12-month price target of $621.4, marking a 29.23% increase from the previous target. Analyst actions include rating changes and price target adjustments, reflecting dynamic market conditions and company performance. United Rentals, the world's largest equipment rental company, has shown notable revenue growth, efficient cost management, and strong financial health, with a market capitalization and performance metrics above industry averages.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

IBM

9 analysts have recently shared mixed evaluations of IBM, with an updated average 12-month price target of $190.22, reflecting an 11.8% increase from the previous target. The ratings range from bullish to bearish, with several analysts raising their price targets and ratings based on IBM's market dynamics and performance. IBM's financial performance shows positive revenue growth, high net margin, and strong ROE and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

PEG

Public Service Enterprise (NYSE:PEG) has received mixed analyst ratings, with a recent shift towards more bullish perspectives. The average 12-month price target is now $65.8, slightly up from $65.75. Analysts from firms like Barclays and RBC Capital have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Despite facing a revenue decline of -17.01% as of December 31, 2023, PEG's financial health remains strong, with notable net margin, ROE, and ROA figures surpassing industry benchmarks.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

ATO

Barclays analyst Eric Beaumont has maintained an Equal-Weight rating on Atmos Energy (NYSE:ATO) and increased the price target from $115 to $121.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:00 pm

SLDB

Solid Biosciences' stock (SLDB) experienced a price increase following an upgrade by Piper Sandler from Neutral to Overweight, along with a price target raise from $8 to $20.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:59 pm

SPRB

Leerink Partners analyst Joseph Schwartz downgraded Spruce Biosciences (SPRB) from Outperform to Market Perform and reduced the price target from $9 to $2.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:57 pm