Streetbeat News

Price Targets

SMCI

Wedbush analyst Matt Bryson has maintained a Neutral rating on Super Micro Computer (NASDAQ:SMCI) but has increased the price target from $250 to $530. This adjustment reflects a more optimistic valuation of the company's stock by the analyst.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:11 pm

SMCI

Northland Capital Markets analyst Nehal Chokshi has maintained an Outperform rating on Super Micro Computer (NASDAQ:SMCI) and increased the price target from $450 to $625.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:07 pm

BMRC

DA Davidson analyst Jeff Rulis has maintained a Neutral rating on Bank of Marin (NASDAQ:BMRC) but has lowered the price target from $23 to $21.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:03 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential price targets and support levels for each asset, advising traders to monitor these stocks for breakouts or reversals and to stay alert for market volatility, especially with the upcoming FHFA House Price Index and JOLTS Job Openings data releases, as well as the FOMC rate decision.

Portfolio Pulse from RIPS

January 30, 2024 | 4:02 pm

ATXS

Wedbush analyst Laura Chico has reiterated an Outperform rating on Astria Therapeutics (NASDAQ:ATXS) and maintained a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:02 pm

BAH

Booz Allen Hamilton (NYSE:BAH) has been analyzed by 4 analysts, with a mix of ratings from bullish to indifferent. The average 12-month price target is now $149.75, up 10.72% from the previous $135.25. Analysts from Wells Fargo, Goldman Sachs, and Truist Securities have raised their price targets, while Matthew Akers of Wells Fargo also lowered one. Booz Allen Hamilton provides consulting services to the U.S. government and other sectors, with strong financial indicators such as a 12.86% revenue growth rate, a net margin of 5.62%, and an ROE of 13.38%, but a high debt-to-equity ratio of 3.35.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:00 pm

BIGC

Six analysts have recently updated their ratings on BigCommerce Holdings (NASDAQ:BIGC), with 4 bullish and 2 indifferent ratings. The average 12-month price target is now $15.42, up from $12.50, with a high estimate of $20.00 and a low of $10.00. Analysts from Needham, Piper Sandler, Goldman Sachs, and Truist Securities have maintained or lowered their price targets. BigCommerce's revenue growth is 7.81%, but it has a net margin of -26.02%, ROE of -86.8%, ROA of -4.5%, and a high debt-to-equity ratio of 17.63.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:00 pm

BEN

Six financial analysts have provided mixed ratings for Franklin Resources (NYSE:BEN), with no bullish ratings, four indifferent, and two somewhat bearish. The average 12-month price target for BEN has increased by 14.75% to $28.00, with a high estimate of $32.00 and a low of $22.00. Analysts from BMO Capital, Morgan Stanley, UBS, Wells Fargo, and TD Cowen have adjusted their ratings and price targets, reflecting their latest views on the company's performance. Franklin Resources manages $1.335 trillion in assets and has shown a revenue growth rate of 2.43% as of September 30, 2023, but trails behind its peers in the Financials sector and has below-average net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:00 pm

EXR

Extra Space Storage (NYSE:EXR) has been evaluated by 7 financial analysts, with a mix of opinions ranging from bullish to indifferent. The average 12-month price target for EXR is $159.71, up 9.52% from the previous target of $145.83. Analysts from firms like Deutsche Bank, Goldman Sachs, Truist Securities, Morgan Stanley, Wells Fargo, and Stifel have adjusted their ratings and price targets, reflecting their views on the company's market position and financial performance. Extra Space Storage is a REIT with a strong market presence, significant revenue growth, high net margin, and effective asset utilization, but with a lower ROE than industry benchmarks.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:00 pm

KRP

Analysts have provided mixed reviews on Kimbell Royalty Partners (NYSE:KRP) over the past three months, with a recent negative shift in sentiment as the average 12-month price target was decreased by 4.25% to $20.75. The company faces challenges in revenue growth, net margin, ROE, and ROA, but has a sound debt-to-equity ratio. Analysts from Truist Securities, Raymond James, Keybanc, and Stifel have adjusted their ratings and price targets, reflecting their latest views on the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:00 pm