Streetbeat News

Price Targets

WBS

11 analysts have recently evaluated Webster Financial Corp (NYSE:WBS), showing a mix of bullish and bearish sentiments with an average 12-month price target of $61.64, up from $56.25. The company faces challenges with a -9.9% revenue decline and below-industry market capitalization but excels in net margin, ROE, and ROA. Analysts' ratings range from 'Overweight' to 'Outperform', with several price target adjustments reflecting their changing views on the company's performance.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm

ABM

Truist Securities has maintained its Hold rating for ABM Industries (NYSE:ABM) but lowered its price target from $53.00 to $45.00. ABM Industries, a provider of integrated facility solutions in the US, has seen its shares remain stable over the last 24 hours at $43.35. The new price target suggests a potential upside of 3.81% from the current share price.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm

DYN

Chardan Capital has reaffirmed its Buy rating on Dyne Therapeutics (NASDAQ:DYN), increasing its price target from $20.00 to $31.00. Dyne Therapeutics, a biotech company focused on genetically driven diseases, has seen its shares rise 1.02% to $26.71. The new price target suggests a potential 16.06% increase in share price.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm

RVMD

Morgan Stanley has maintained its Equal-Weight rating on Revolution Medicines (NASDAQ:RVMD) but lowered its price target from $84.00 to $71.00. Despite this, RVMD shares have risen 2.06% in the last 24 hours to $32.18. A price target of $71.00 represents a 120.63% increase from the current price. Revolution Medicines is a clinical-stage company focusing on precision oncology, particularly targeting the RAS and mTOR signaling pathways.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm

KGS

Kodiak Gas Services (NYSE:KGS) has received mixed analyst ratings over the past quarter, with recent evaluations showing a slight bullish trend. The average 12-month price target for KGS has been raised to $25.8, indicating a 3.2% increase from the previous target. Analysts from firms like RBC Capital, Stifel, JP Morgan, Raymond James, and Truist Securities have updated their ratings and price targets, reflecting changes in market dynamics and company performance. Kodiak Gas Services, known for its contract compression infrastructure operations in the U.S., has shown notable revenue growth of 26.47% over the past 3 months, a strong net margin of 9.42%, but faces challenges with below-average ROE and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm

DAN

RBC Capital has maintained its Sector Perform rating for Dana Inc (NYSE:DAN) but lowered its price target from $19.00 to $15.00. Despite this adjustment, Dana's shares remain unchanged over the last 24 hours, trading at $12.51. A move to the new target price would represent a 19.9% increase. Dana Inc specializes in designing and manufacturing propulsion and energy-management solutions for various mobility markets, with its highest revenue coming from the Light Vehicle Drive Systems segment.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 5:00 pm

ML

Cantor Fitzgerald analyst Josh Siegler has maintained an Overweight rating on MoneyLion (NYSE:ML) and increased the price target from $58 to $80.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 5:00 pm

VSCO

Morgan Stanley analyst Alexandra Steiger maintains an Equal-Weight rating on Victoria's Secret (VSCO) and lowers the price target from $25 to $19.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 4:59 pm

PRCH

Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Porch Group (NASDAQ:PRCH) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 4:58 pm

VALE

RBC Capital analyst Marina Calero maintains an Outperform rating on Vale (NYSE:VALE) but lowers the price target from $19 to $18.5.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 4:50 pm