Streetbeat News

Price Targets

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

PEG

Guggenheim analyst Shahriar Pourreza downgraded Public Service Enterprise (NYSE:PEG) from Buy to Neutral and set a price target of $61. The downgrade reflects a more cautious stance on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 3:57 pm

MCB

Keefe, Bruyette & Woods analyst Christopher O'Connell has maintained an Outperform rating on Metropolitan Bank Holding (NYSE:MCB) but lowered the price target from $73 to $66.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 3:52 pm

NSC

Norfolk Southern's stock (NSC) has been upgraded by Bernstein from Market Perform to Outperform, with a new price target set at $272.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 3:52 pm

IDA

Guggenheim analyst Shahriar Pourreza downgraded Idacorp (NYSE:IDA) from Buy to Neutral and set a price target of $93. This change in rating may influence the company's stock performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 3:50 pm

INDB

Keefe, Bruyette & Woods analyst Christopher O'Connell has maintained a 'Market Perform' rating on Independent Bank (NASDAQ:INDB) but lowered the price target from $66 to $64.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 3:50 pm

CMA

Keefe, Bruyette & Woods analyst Christopher McGratty has maintained a 'Market Perform' rating on Comerica (NYSE:CMA) but reduced the price target from $60 to $58.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 3:47 pm