Streetbeat News

Price Targets

SQ

Recent options trading trends indicate a bearish stance on Block (NYSE:SQ), with 80% of the big-money trades being puts. The trading volume and open interest suggest a price target between $62.5 and $85.0. Despite this, Block's stock is slightly up, with analysts from BTIG and Wedbush upgrading their ratings to Buy and Outperform, respectively, with price targets of $85 and $90. This mixed sentiment could lead to short-term volatility in SQ's stock price.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 3:32 pm

SIGI

Keefe, Bruyette & Woods analyst Meyer Shields maintains a Market Perform rating on Selective Insurance Gr (NASDAQ:SIGI) and lowers the price target from $111 to $109.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 3:31 pm

AXS

Keefe, Bruyette & Woods analyst Meyer Shields maintains an Outperform rating on Axis Capital Holdings (AXS) and raises the price target from $67 to $70.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 3:05 pm

APD

BMO Capital analyst John McNulty has maintained an Outperform rating on Air Products & Chemicals (NYSE:APD) but lowered the price target from $307 to $250.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 3:04 pm

VRNS

Piper Sandler analyst Rob Owens maintains a Neutral rating on Varonis Systems (NASDAQ:VRNS) and raises the price target from $40 to $45 as of 5th February 2024.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 3:01 pm

TKR

Timken (NYSE:TKR) has been analyzed by 5 analysts, showing a mix of ratings from bullish to indifferent. The average 12-month price target is $86.0, down from $92.00, indicating a 6.52% decrease. Analysts' actions range from raising to lowering ratings, with price targets adjusted accordingly. Timken's financials show challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management compared to industry averages.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 3:00 pm

CAT

Caterpillar Inc. (NYSE:CAT) received mixed analyst ratings with 5 recent evaluations. The average 12-month price target is $283.0, up 9.55% from the previous $258.33, with a high of $357.00 and a low of $245.00. Analysts' actions include ratings from 'Buy' to 'Hold', with price target adjustments reflecting changes in market conditions and company performance. Caterpillar's financial overview shows strong market position, revenue growth, profitability, and financial performance, but a higher debt-to-equity ratio indicates financial risk.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 3:00 pm

APD

Analysts have provided mixed reviews on Air Products & Chemicals (NYSE:APD) with recent ratings ranging from bullish to bearish. The average 12-month price target is now $245.00, a 13.58% decrease from the previous target. The company, a leading industrial gas supplier, reported a revenue decline of -10.61% for the quarter ending September 30, 2023, but maintains strong profitability indicators such as a net margin of 21.7% and an ROE of 4.87%.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 3:00 pm

TSN

BMO Capital analyst Andrew Strelzik maintains a Market Perform rating on Tyson Foods (TSN) and raises the price target from $52 to $55.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:57 pm

CACI

JP Morgan analyst Seth Seifman maintains an Overweight rating on CACI International (NYSE:CACI) and raises the price target from $375 to $383.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:55 pm