Streetbeat News

Price Targets

TSCO

UBS analyst Michael Lasser maintains a Neutral rating on Tractor Supply (NASDAQ:TSCO) and raises the price target from $220 to $240.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 7:03 pm

RACE

UBS analyst Susy Tibaldi maintains a Buy rating on Ferrari (NYSE:RACE) and raises the price target from $413 to $448.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 7:01 pm

ETN

Citigroup analyst Timothy Thein maintains a Buy rating on Eaton Corp (ETN) and raises the price target from $270 to $310.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 7:01 pm

EMN

Analyst ratings for Eastman Chemical (NYSE:EMN) have shown a mix of sentiments over the last quarter, with a recent shift towards a more positive outlook. The average 12-month price target for EMN has increased by 6.39% to $93.2, with a high estimate of $101.00 and a low of $89.00. Recent analyst actions, including several rating raises by firms such as UBS and Keybanc, reflect changing market dynamics and company performance. Despite facing a revenue decline of -16.32% as of 30 September 2023, Eastman Chemical demonstrates strong profitability and financial health, with impressive net margin, ROE, and ROA figures. However, its high debt-to-equity ratio suggests a higher level of financial risk.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 7:01 pm

BC

Analysts have varied opinions on Brunswick (NYSE:BC), with recent ratings ranging from bullish to indifferent. Over the last quarter, there were 3 bullish and 1 indifferent rating, with the average 12-month price target rising to $103.0 from $87.67, indicating a 17.49% increase. Key financial indicators show Brunswick's strong market position, profitability, and financial health, despite a revenue decline of -6.16% over 3 months and a high debt-to-equity ratio of 1.22.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 7:00 pm

COST

In the past three months, 21 analysts have provided diverse ratings for Costco Wholesale (NASDAQ:COST), with a shift towards more bullish views in recent evaluations. The average 12-month price target for COST has increased to $667.05, up 7.14% from $622.59, indicating a positive outlook on the stock. Analysts from firms like Oppenheimer, Tigress Financial, and Truist Securities have raised their price targets, reflecting optimism about Costco's market performance and financial health. Costco's business model, strong market presence, and financial indicators such as revenue growth, net margin, and ROE support the analysts' positive ratings.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 7:00 pm

DOV

Analyst ratings for Dover (NYSE:DOV) have varied over the past three months, with recent updates showing a mix of bullish and indifferent stances. The average 12-month price target has been raised to $167.5, reflecting a 6.69% increase from the previous target. Analysts from Oppenheimer, RBC Capital, Wells Fargo, and Citigroup have adjusted their ratings and price targets, indicating a positive outlook on Dover's performance. Despite facing revenue challenges with a slight decline, Dover's financial indicators such as net margin, ROE, and ROA remain strong, showcasing its profitability and effective asset utilization. However, its debt-to-equity ratio indicates a higher level of debt, which could pose financial challenges.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 7:00 pm

ETN

Recent analyst ratings for Eaton Corp (NYSE:ETN) show a positive trend, with 4 analysts updating their views. The average 12-month price target is now $279.5, up from $241.25, indicating a 15.85% increase. Analysts from Citigroup, UBS, RBC Capital, and Wells Fargo have raised their price targets, reflecting optimism about Eaton's market position and financial performance. Eaton's revenue growth, net margin, ROE, and ROA all surpass industry standards, while its debt-to-equity ratio is below average, suggesting a strong financial standing.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 7:00 pm

OSK

UBS analyst Steven Fisher maintains a Buy rating on Oshkosh (NYSE:OSK) and raises the price target from $117 to $129, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 6:59 pm

MTZ

UBS analyst Steven Fisher maintains a Buy rating on MasTec (NYSE:MTZ) and raises the price target from $89 to $92.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 6:57 pm