Streetbeat News

Price Targets

AMP

Ameriprise Financial (NYSE:AMP) received mixed analyst ratings in the latest quarter, with 7 analysts offering views ranging from bullish to indifferent. The average 12-month price target is $410.00, with a high of $452.00 and a low of $365.00, reflecting an 8.18% increase from the previous average of $379.00. Analysts from firms including RBC Capital, UBS, Evercore ISI Group, Goldman Sachs, and Morgan Stanley have raised their price targets, indicating a positive outlook on the company's performance. Ameriprise Financial, with $1.3 trillion in assets under management, has a strong presence in asset and wealth management, with 80% of revenue from these segments and a focus on the U.S. market.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:01 pm

NWE

NorthWestern Energy Group (NASDAQ:NWE) has been evaluated by 4 analysts in the past three months, with mixed opinions. The average 12-month price target is now $49.5, down from $53.50, indicating a 7.48% decrease. Analysts from Barclays, Guggenheim, Ladenburg Thalmann, and Wells Fargo have provided updates, with price target adjustments reflecting a cautious outlook on the company's performance. NorthWestern Energy Group operates in the electricity and natural gas sectors, with recent financial challenges including a revenue decline of -4.17% and below-average net margin and ROE.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:01 pm

CHH

Choice Hotels Intl (NYSE:CHH) has received mixed ratings from 3 analysts in the past three months, with a recent shift towards a more bearish sentiment. The average 12-month price target is now $120.67, down 6.46% from the previous $129.00. Analysts from Baird, Jefferies, and Morgan Stanley have provided ratings and adjusted price targets, reflecting their views on the company's market performance and financial health. Choice Hotels operates 628,000 rooms across 13 brands and recently acquired Radisson, adding approximately 70,000 rooms. The company's financials show positive revenue growth but a lower net margin compared to the industry, an impressive ROE and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:01 pm

HUN

Huntsman (NYSE:HUN) received mixed analyst ratings in the latest quarter, with 4 indifferent and 1 somewhat bearish. The average 12-month price target is $23.2, down from the previous $24.25. Analysts from RBC Capital, Morgan Stanley, JP Morgan, and UBS have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Huntsman is a US-based chemical manufacturer with a lower market capitalization and revenue decline of -25.11% as of September 30, 2023. The company has a net margin and ROE of 0.0%, indicating challenges in profitability and shareholder returns, and a debt-to-equity ratio of 0.58.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:01 pm

SLB

Four analysts have recently published ratings on Schlumberger (NYSE:SLB), all maintaining a somewhat bullish stance with no changes in sentiment over the past three months. The 12-month price targets show an average of $71.75, with a slight decline from the previous average. Analysts from RBC Capital, Susquehanna, Barclays, and Wells Fargo have provided ratings and adjusted price targets, reflecting their views on the company's market performance and financial health. Schlumberger's financial indicators such as revenue growth, net margin, ROE, ROA, and debt management are also discussed, providing a comprehensive view of the company's financial story.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:00 pm

ARRY

Array Technologies (NASDAQ:ARRY) has been the subject of diverse analyst opinions, with 12 analysts offering varied views in the last three months. The sentiment has shifted from bullish to indifferent, with no bullish ratings in the last 30 days. The average 12-month price target is now $23.67, down from $29.00, with a high estimate of $31.00 and a low of $15.00. Analysts from firms including Barclays, Wells Fargo, and Goldman Sachs have adjusted their ratings and price targets, generally lowering them. Array Technologies is a manufacturer of solar energy project systems, with a market cap below industry average, a -31.96% revenue decline as of September 30, 2023, but strong net margin and ROE. The company's debt-to-equity ratio is higher than the industry average, indicating potential financial risk.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:00 pm

SLB

RBC Capital analyst Keith Mackey has reiterated an Outperform rating on Schlumberger (NYSE:SLB) and maintained a price target of $66.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:59 pm

UPST

Upstart Holdings, Inc. (NASDAQ:UPST) shares are experiencing an increase, trading higher amid overall market strength. Over the past five days, the stock has risen over 10%. Mizuho analyst Dan Dolev maintained an Underperform rating but raised the price target from $19 to $23. Additionally, Upstart announced a partnership with Maine Savings to provide personal loans. The stock is trending due to high trading volume and significant short interest, with 41.11% of available shares sold short.

Portfolio Pulse from Erica Kollmann

January 22, 2024 | 5:50 pm

RF

RBC Capital analyst Gerard Cassidy has maintained an Outperform rating on Regions Financial Corporation (NYSE:RF) and increased the price target from $19 to $21.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:45 pm

PPG

RBC Capital analyst Arun Viswanathan has maintained a 'Sector Perform' rating on PPG Industries (NYSE:PPG) but has lowered the price target from $158 to $156.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:43 pm