Streetbeat News

Price Targets

WRB

RBC Capital analyst Scott Heleniak has maintained a 'Sector Perform' rating on WR Berkley (NYSE:WRB) and increased the price target from $73 to $79.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:02 pm

CHPT

ChargePoint Holdings (NYSE:CHPT) has received mixed analyst ratings over the past three months, with 9 analysts offering evaluations. The average 12-month price target is now $3.24, down from $7.46, indicating a 56.57% decline. Analysts from firms including Goldman Sachs, Citigroup, B. Riley Securities, Needham, HSBC, UBS, RBC Capital, and JP Morgan have adjusted their ratings and price targets, mostly lowering them in response to market conditions and company performance. ChargePoint, which operates in the EV charging infrastructure market, shows a negative revenue trend with a -12.01% decline in growth, a high net margin of -143.47%, and below-average ROE and ROA, indicating financial challenges.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:02 pm

MTDR

Matador Resources (NYSE:MTDR) has been analyzed by 6 analysts, with ratings ranging from bullish to bearish. The average 12-month price target is now $71.0, down from $77.20, with a high estimate of $83.00 and a low of $62.00. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Matador Resources is an independent energy company with a focus on oil and natural gas resources in the U.S. Despite a recent revenue decline of -8.16%, the company has a strong net margin of 34.15%, an ROE of 7.47%, an ROA of 3.62%, and a conservative debt-to-equity ratio of 0.6.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:02 pm

BKR

RBC Capital analyst Keith Mackey has reiterated an Outperform rating on Baker Hughes (NASDAQ:BKR) and maintained a price target of $39.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:02 pm

TTWO

Take-Two Interactive (NASDAQ:TTWO) has been evaluated by 17 analysts over the last three months, with opinions ranging from bullish to bearish. Recent assessments show 8 bullish and 8 somewhat bullish ratings, with an average 12-month price target of $175.94, up from $162.55. Analysts from firms like Stifel, Benchmark, and Goldman Sachs have raised their price targets, indicating a positive outlook on the company's performance. Take-Two, known for franchises like 'Grand Theft Auto', faces challenges with a -6.77% revenue decline and a net margin of -41.84%, but has a strong ROE and ROA, and a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:02 pm

KLG

WK Kellogg (NYSE:KLG) has received consistent 'Indifferent' ratings from 4 analysts over the past quarter, with no change in sentiment over the last 30 days. The 12-month price targets set by analysts show an average of $12.5, with a high of $13.00 and a low of $11.00, indicating a 13.64% increase from the previous average target of $11.00. Analysts from Stifel, Morgan Stanley, Evercore ISI Group, and JP Morgan have provided ratings and price targets, reflecting their views on the company's market dynamics and performance. WK Kellogg, a North American cereal manufacturer, has been facing a negative revenue trend with a -1.84% decline as of September 30, 2023, but shows strong profitability with a net margin of 6.07% and an ROE of 14.46%. However, the company has a high debt-to-equity ratio of 3.39, indicating potential financial strain.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:01 pm

A

Analysts have updated their ratings on Agilent Technologies (NYSE:A), with 7 analysts offering diverse perspectives in the last three months. The average 12-month price target is $137.57, with recent adjustments reflecting a positive sentiment shift. Agilent, a life sciences and diagnostics firm, has a strong market presence but has seen a revenue decline of -8.71% as of October 31, 2023. Despite this, the company maintains a high net margin of 28.14% and an ROE of 8.33%, with a healthy debt-to-equity ratio of 0.47.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:00 pm

BOKF

RBC Capital analyst Jon Arfstrom has maintained a 'Sector Perform' rating on BOK Financial (NASDAQ:BOKF) and increased the price target from $89 to $93.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 3:59 pm

ABT

RBC Capital analyst Shagun Singh has reiterated an Outperform rating on Abbott Laboratories (NYSE:ABT) and maintained a price target of $128.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 3:57 pm

RDCM

Radcom Ltd (NASDAQ:RDCM) shares are rising as Needham analyst Alex Henderson upgrades the stock from Hold to Buy with a price target of $8.50. Henderson cites Radcom's steady growth, expanding margins, broadening portfolio, and customer acquisition. The company's transition from a loss of $0.23/share to a profit of $0.50+/share over three years and its positive outlook for CY24 with strong growth and expanding margins are highlighted as reasons for the stock's potential 'break out' once the Telco sector recovers and 5G transitions progress.

Portfolio Pulse from Priya Nigam

January 25, 2024 | 3:54 pm