Streetbeat News

Price Targets

BKU

BankUnited (NYSE:BKU) received mixed analyst ratings with 2 neutral and 2 sell ratings in the past three months. The average 12-month price target is $29.25, up from the previous $28.67. Wedbush's David Chiaverini lowered his target to $31 from $34, Wells Fargo's Steven Shaw raised his to $28 from $26, UBS's Brody Preston set a target of $29, and Goldman Sachs's Ryan Nash raised his to $29 from $26. BankUnited is a regional bank with challenges in market capitalization, revenue growth, net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 4:00 pm

PFE

Pfizer Inc. (NYSE:PFE) is anticipated to report a Q4 loss of 22 cents per share compared to the previous year's earnings of $1.14 per share, with expected revenue of $14.43 billion versus $24.29 billion in the same quarter last year. The company's shares closed at $27.47. Analysts have recently adjusted Pfizer's price targets, with changes ranging from a downgrade to maintaining ratings but lowering price targets. The most accurate analysts have accuracy rates between 64% and 76%.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 4:00 pm

VRNS

Varonis Systems (NASDAQ:VRNS) has received mixed analyst ratings over the past three months, with 7 analysts offering views ranging from somewhat bullish to indifferent. The average 12-month price target for VRNS has been raised to $45.71, up 24.01% from the previous target of $36.86. Analysts from Wells Fargo, DA Davidson, Citigroup, JP Morgan, RBC Capital, and Morgan Stanley have all raised their price targets for VRNS, indicating a positive shift in expectations. Varonis Systems, a cybersecurity vendor, is transitioning to cloud-based services and faces financial challenges such as revenue decline, below-average net margin, and ROE, as well as a cautious approach to debt management.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 4:00 pm

GD

UBS analyst Gavin Parsons has maintained a Neutral rating on General Dynamics (NYSE:GD) and increased the price target from $286 to $296.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:59 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trading 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 bullish and bearish price levels for these assets and advises traders to stay alert for breakouts or reversals. The session is expected to be volatile with key earnings reports and the FOMC rate decision due this week. The memo is part of a service offering by RIPS, a professional trader, who provides insights and real-time mentorship to Market Clubhouse members.

Portfolio Pulse from RIPS

January 29, 2024 | 3:59 pm

AMD

Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on Advanced Micro Devices (AMD) and increased the price target from $128 to $193.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:56 pm

AMD

B of A Securities analyst Vivek Arya has maintained a Buy rating on Advanced Micro Devices (AMD) and increased the price target from $165 to $195. This reflects a positive outlook on AMD's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:54 pm

CL

UBS analyst Peter Grom has maintained a Buy rating on Colgate-Palmolive (NYSE:CL) and increased the price target from $93 to $95.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:51 pm

LRCX

Susquehanna analyst Mehdi Hosseini has maintained a Neutral rating on Lam Research (NASDAQ:LRCX) and increased the price target from $655 to $880.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:47 pm

CFR

UBS analyst Brody Preston has maintained a Neutral rating on Cullen/Frost Bankers (NYSE:CFR) and increased the price target from $110 to $116.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 3:47 pm