Streetbeat News

Price Targets

HTZ

Hertz Global Holdings' stock (HTZ) trades lower following a downgrade by Jefferies from Buy to Hold and a reduction in price target from $12 to $8.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:16 pm

TXN

Texas Instruments (TXN) shares have risen following an upgrade by UBS from Neutral to Buy, with a price target increase from $170 to $195.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:11 pm

HOMB

Piper Sandler analyst Stephen Scouten has maintained an Overweight rating on Home BancShares (NYSE:HOMB) and increased the price target from $26 to $27. This adjustment reflects a positive outlook on the company's stock, suggesting potential for growth above the market average.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:11 pm

CVCY

Piper Sandler analyst Andrew Liesch has maintained an Overweight rating on Central Valley Community (CVCY) but has reduced the price target from $23 to $22.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:09 pm

BIRK

Piper Sandler analyst Edward Yruma has maintained an Overweight rating on Birkenstock Holding (NYSE:BIRK) and increased the price target from $50 to $56.5.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:07 pm

EXC

B of A Securities analyst Paul Zimbardo has maintained a Neutral rating on Exelon (NASDAQ:EXC) but lowered the price target from $38 to $36.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:06 pm

EVRG

B of A Securities analyst Julien Dumoulin-Smith has maintained a Neutral rating on Evergy (NASDAQ:EVRG) and increased the price target from $50 to $51.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:03 pm

INTC

Intel (NASDAQ:INTC) received mixed ratings from 14 analysts, with an average 12-month price target of $44.29, up from $38.25. The ratings range from 'Bullish' to 'Bearish', with several analysts raising their price targets. Intel's financial health shows challenges in revenue growth, profitability, and debt management, with key indicators like net margin and ROE below industry benchmarks. Despite being a market leader in CPUs, Intel faces competition and must leverage its manufacturing capabilities effectively.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 4:00 pm

AMAT

Applied Materials (NASDAQ:AMAT) has been analyzed by 8 analysts, showing a range of opinions. The average 12-month price target is now $167.38, up 10.24% from the previous $151.83. Analysts from firms like Raymond James, Barclays, and others have raised their price targets, reflecting a positive outlook on AMAT's performance. Despite a slight revenue decline of -0.39% over 3 months, AMAT's financials are strong, with a high net margin of 29.81% and ROE of 12.75%. The company is a leading semiconductor equipment manufacturer with a significant market presence.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 4:00 pm

KLAC

Over the past three months, 6 analysts have provided diverse opinions on KLA (NASDAQ:KLAC), with recent ratings showing a positive shift in sentiment. The average 12-month price target has increased by 15.42% to $588.33. Analysts from firms like Raymond James, Stifel, Barclays, New Street Research, Redburn Atlantic, and Morgan Stanley have updated their ratings and price targets, reflecting changes in market conditions and KLA's performance. KLA is a major player in semiconductor process control with a strong market position, but it has experienced a revenue decline of -12.02% as of September 30, 2023. Despite this, KLA maintains a high net margin of 30.93% and an exceptional ROE of 25.09%, though it faces challenges with a high debt-to-equity ratio of 2.03.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 4:00 pm