Streetbeat News

Price Targets

UBER

23 analysts have recently shared their views on Uber Technologies (NYSE:UBER), with a mix of bullish and bearish sentiments. The average 12-month price target is $66.87, up from the previous $60.82. Analysts from firms like B of A Securities, Truist Securities, and Goldman Sachs have raised their price targets, indicating a positive outlook for Uber's stock. Uber's financial performance shows strong revenue growth, net margin, ROE, and ROA, with a conservative debt-to-equity ratio. These factors, combined with the analysts' ratings, suggest a favorable short-term outlook for Uber's stock.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 1:01 pm

EXEL

Exelixis (NASDAQ:EXEL) has been analyzed by 7 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $26.57, up 15.52% from the previous $23.00. Analyst actions include ratings from 'Overweight' to 'Equal-Weight' and price target changes, with the highest target being $31.00. Exelixis is a biopharmaceutical company with a lead molecule, cabozantinib, for cancer treatment. Financially, Exelixis has a market cap below industry average, a revenue growth of 14.62%, a net margin of 0.22%, an ROE of 0.04%, an ROA of 0.03%, and a low debt-to-equity ratio of 0.08.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 1:00 pm

HIW

Highwoods Props (NYSE:HIW) received mixed analyst ratings over the past three months, with a recent average price target of $23.5, down from $28.67. Deutsche Bank and Truist Securities maintain a 'Buy' rating, while Morgan Stanley has an 'Underweight' stance and B of A Securities holds a 'Neutral' position. The company's financials show positive revenue growth, a high net margin, and ROE, but a concerning debt-to-equity ratio. Highwoods Properties is a REIT focusing on urban properties in the Southern U.S., with significant revenue from Atlanta, Raleigh, Nashville, and Tampa markets.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 1:00 pm

SQ

Block (NYSE:SQ) has received mixed analyst ratings over the past three months, with 10 analysts offering evaluations. The average 12-month price target is $83.4, a 9.49% decrease from the previous $92.14. Recent actions include ratings and price target adjustments by analysts from Wedbush, BTIG, Mizuho, BMO Capital, Barclays, CLSA, Piper Sandler, RBC Capital, Goldman Sachs, and Canaccord Genuity. Block's financial performance shows a revenue growth rate of 24.4% as of September 30, 2023, but it lags in net margin and ROE compared to industry averages. Its debt-to-equity ratio is below industry norms, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 1:00 pm

STT

State Street (NYSE:STT) received mixed analyst ratings in the latest quarter, with 10 analysts offering varied perspectives. The average 12-month price target increased to $85.6, up from $80.00. Analysts from firms like Morgan Stanley, RBC Capital, and others have raised or maintained their ratings and price targets, reflecting updates based on market conditions and company performance. Despite positive analyst sentiment, State Street's financial performance shows challenges in market capitalization, revenue growth, net margin, ROE, and ROA, although it has a sound debt management with a debt-to-equity ratio of 0.99.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 1:00 pm

NTRS

Morgan Stanley analyst Betsy Graseck has downgraded Northern Trust (NTRS) from Equal-Weight to Underweight while increasing the price target from $82 to $86.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:59 pm

SQ

Wedbush analyst David Chiaverini has upgraded Block (NYSE:SQ) from Neutral to Outperform and set a price target of $90. This upgrade suggests a positive outlook on Block's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:57 pm

GS

Morgan Stanley analyst Betsy Graseck has upgraded Goldman Sachs Group (NYSE:GS) from Equal-Weight to Overweight and increased the price target from $333 to $449.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:48 pm

C

Morgan Stanley analyst Betsy Graseck upgraded Citigroup (NYSE:C) from Underweight to Overweight and increased the price target from $46 to $65.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:46 pm

FFIV

Barclays analyst Tim Long has maintained an Equal-Weight rating on F5 Networks (NASDAQ: FFIV) and increased the price target from $163 to $206.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 12:45 pm