Streetbeat News

Price Targets

BURL

Burlington Stores (NYSE:BURL) has received mixed analyst ratings over the last three months, with 7 analysts offering diverse views. The average 12-month price target is $194.71, up from the previous $165.50, with a high estimate of $240 and a low of $126. Analysts have adjusted their ratings and price targets, reflecting their latest views on the company's performance. Burlington Stores is a major off-price apparel and home fashion retailer in the U.S., with positive revenue growth but challenges in net margin and debt management.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:00 pm

PAY

Paymentus Holdings (NYSE:PAY) has been analyzed by 5 analysts, showing a consensus towards a neutral stance with 4 indifferent ratings and 1 somewhat bullish. The average 12-month price target is $17.1, a 25.55% increase from the previous $13.62. Analysts from Wells Fargo, JP Morgan, Raymond James, Wedbush, and Goldman Sachs have raised their price targets, with the highest at $18.00 and the lowest at $16.00. Paymentus Holdings offers electronic bill payment services and has shown strong revenue growth of 18.94% as of September 30, 2023, but has a lower market cap, below-average net margin, and ROE compared to industry peers, while its ROA and debt management are favorable.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:00 pm

MAT

Mattel (NASDAQ:MAT) received mixed analyst ratings over the past three months, with a total of 1 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target is $22.5, with a high of $26.00 and a low of $19.00, marking an 11.76% decrease from the previous average. Analysts from Morgan Stanley and Roth MKM have adjusted their ratings and price targets, reflecting changes in market dynamics and company performance. Mattel's financials show strong revenue growth, net margin, ROE, and ROA, but a high debt-to-equity ratio. The company's market cap indicates a strong market position, with 60% of sales from North America.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:00 pm

FUTU

Analysts have mixed opinions on Futu Holdings (NASDAQ:FUTU), with recent ratings ranging from bullish to indifferent. The average 12-month price target is $63.12, up from the previous $52.40. Analysts from JP Morgan, UBS, Morgan Stanley, and Jefferies have provided updates, with price targets ranging from $50.00 to $71.50. Futu Holdings, an online broker, has shown strong financial performance with a revenue growth rate of 36.23%, a net margin of 41.18%, an ROE of 4.75%, an ROA of 1.09%, and a low debt-to-equity ratio of 0.22.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:00 pm

ACIC

Raymond James analyst C. Gregory Peters has initiated coverage on American Coastal (ACIC) with an Outperform rating and set a price target of $15.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:56 pm

SAVE

Susquehanna analyst Christopher Stathoulopoulos has downgraded Spirit Airlines (NYSE:SAVE) from Neutral to Negative and reduced the price target from $15 to $5, indicating a bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:52 pm

DXC

Citigroup analyst Ashwin Shirvaikar has downgraded DXC Technology (NYSE:DXC) from Neutral to Sell and reduced the price target from $24 to $21.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:42 pm

RIVN

Deutsche Bank analyst Emmanuel Rosner has downgraded Rivian Automotive (NASDAQ:RIVN) from Buy to Hold and reduced the price target from $29 to $19, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:36 pm

FSR

TD Cowen analyst Jeffrey Osborne has downgraded Fisker (NYSE:FSR) from Outperform to Market Perform and significantly reduced the price target from $11 to $1, indicating a bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:34 pm

MAT

Morgan Stanley analyst Megan Alexander downgraded Mattel (NASDAQ:MAT) from Overweight to Equal-Weight and set a price target of $19.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:25 pm