Streetbeat News

Price Targets

JBT

Baird analyst Mircea Dobre has reiterated an Outperform rating on John Bean Technologies (JBT) and maintained a price target of $121.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 4:46 pm

PPG

Baird analyst Ghansham Panjabi has maintained an Outperform rating on PPG Industries (NYSE:PPG) and increased the price target from $150 to $160.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 4:43 pm

CMG

Baird analyst David Tarantino has reiterated an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and maintained a price target of $2650 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 4:38 pm

CHH

Baird analyst Michael Bellisario has reiterated an Outperform rating on Choice Hotels Intl (NYSE:CHH) and maintained a price target of $138.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 4:32 pm

ADM

Barclays analyst Benjamin Theurer has downgraded Archer-Daniels Midland (ADM) from Overweight to Underweight and set a price target of $60. This change in rating could influence ADM's stock performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 4:11 pm

TCN

Citigroup analyst Michael Bilerman downgraded Tricon Residential (NYSE:TCN) from Buy to Neutral but increased the price target from $10.5 to $11.25.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 4:01 pm

ATO

Analyst ratings for Atmos Energy (NYSE:ATO) over the last three months show diverse opinions, with 4 analysts giving ratings ranging from bullish to indifferent. The average 12-month price target has decreased by 2.67% to $118.25, with recent actions including both raised and lowered price targets by analysts from Barclays, Mizuho, and Morgan Stanley. Atmos Energy is a large natural gas utility with a strong market presence but has seen a revenue decline of -18.68% as of September 30, 2023. Despite this, the company maintains a high net margin and ROE, a strong ROA, and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

XNCR

Analysts have recently updated their ratings and price targets for Xencor (NASDAQ:XNCR), with 4 analysts offering opinions ranging from bullish to bearish. The average 12-month price target is now $38.00, down from $43.00, with a high estimate of $50.00 and a low of $32.00. Analysts from Mizuho, Guggenheim, RBC Capital, and Wedbush have all lowered their price targets. Xencor is a clinical-stage biopharmaceutical company with positive revenue growth and strong financial health indicators such as ROE and ROA, but with a revenue growth rate lower than the Health Care sector average.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

SRE

Sempra (NYSE:SRE) has been analyzed by 6 financial analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $79.42, with a high of $86.00 and a low of $73.00, indicating a 3.68% increase from the previous target. Analysts from Barclays, BMO Capital, Ladenburg Thalmann, JP Morgan, and Morgan Stanley have adjusted their ratings and price targets, reflecting their views on Sempra's market position and financial health. Sempra's market cap is above industry average, but it saw a -7.82% decline in revenue growth. However, it maintains strong net margin, ROE, and ROA, with a moderate debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

PEG

Public Service Enterprise (NYSE:PEG) received mixed analyst ratings over the past three months, with 5 somewhat bullish, 2 indifferent, and no bearish ratings. The average 12-month price target is $63.71, up from the previous $62.83. Analysts from Guggenheim, Barclays, JP Morgan, Morgan Stanley, and BMO Capital have updated their ratings and price targets, reflecting their views on the company's market conditions and performance. Public Service Enterprise, a holding company for regulated utility PSE&G and other businesses, has shown strong revenue growth but below-average profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm