Streetbeat News

Price Targets

MEDP

UBS analyst John Sourbeer maintains a Buy rating on Medpace Holdings (MEDP) and raises the price target from $452 to $480.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 5:08 pm

CI

UBS analyst Kevin Caliendo maintains a Buy rating on Cigna Group (NYSE:CI) and raises the price target from $385 to $400.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 5:07 pm

BITF

Cantor Fitzgerald analyst Josh Siegler maintains an Overweight rating on Bitfarms (NASDAQ:BITF) and raises the price target from $3 to $4.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 5:05 pm

ARBE

Roth MKM analyst Suji Desilva maintains a Buy rating on Arbe Robotics (NASDAQ:ARBE) but lowers the price target from $4 to $2.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 5:04 pm

MKFG

Cantor Fitzgerald analyst Troy Jensen has reiterated an Overweight rating on Markforged Holding (NYSE:MKFG) and maintained a price target of $1.45.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 5:02 pm

AEO

Morgan Stanley analyst Alex Straton maintains an Underweight rating on American Eagle Outfitters (AEO) but raises the price target from $16 to $19.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 5:01 pm

VITL

Vital Farms (NASDAQ:VITL) received updated analyst ratings, with a consensus leaning towards a bullish outlook. Over the last three months, 4 analysts have provided ratings, with 3 being bullish and 1 neutral. The average 12-month price target for VITL has been raised to $20.5, up 18.84% from the previous $17.25, with the highest target at $26.00 and the lowest at $16.00. Vital Farms, an ethical food company, has shown strong financial performance with a revenue growth of 19.98%, a net margin of 4.1%, and exceptional ROE and ROA figures, indicating efficient management and financial health.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm

TRMD

Evercore ISI Group has reaffirmed its Outperform rating on TORM (NASDAQ:TRMD) and increased its price target from $42.00 to $44.00. Despite a 0.9% decline in TORM's share price over the last 24 hours to $32.90, the new price target suggests a potential upside of 33.74%. TORM PLC is a shipping company specializing in the transportation of refined oil products.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm

V

Jefferies has reaffirmed its Buy rating on Visa (NYSE:V) and increased its price target from $305.00 to $320.00. Visa's shares have risen by 0.51% in the last 24 hours to $279.69. The new price target suggests a potential upside of 14.41%. Visa is the world's largest payment processor, handling over $14 trillion in transactions in fiscal 2022 across more than 200 countries.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm

FITB

Fifth Third Bancorp (NASDAQ:FITB) has received mixed analyst ratings over the past three months, with 8 analysts offering evaluations. The ratings range from bullish to indifferent, with recent updates showing a positive trend in price target adjustments. The average 12-month price target is now $39.0, marking a 12.81% increase from the previous average of $34.57. Analysts from firms like Piper Sandler, Morgan Stanley, and UBS have raised their price targets, reflecting optimism about the company's future performance. Despite a recent decline in revenue growth of -7.97%, Fifth Third Bancorp maintains strong financial indicators such as a high net margin of 23.46% and an impressive ROE of 3.13%.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm