Streetbeat News

Price Targets

DRVN

Driven Brands Hldgs (NASDAQ:DRVN) received mixed analyst ratings with 2 somewhat bullish and 2 indifferent. Analysts from Morgan Stanley, Piper Sandler, and Goldman Sachs lowered their price targets, reflecting a negative sentiment shift. The average price target is now $19.00, down 15.56% from previous estimates. Driven Brands Hldgs, an automotive services company, shows a positive revenue trend but struggles with profitability and high debt levels. Analysts' actions and ratings are crucial for understanding the company's market position.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 1:00 pm

KR

Analysts have provided mixed ratings for Kroger (NYSE:KR) with an average 12-month price target of $51.8, up from $51.33. Recent actions include maintaining and lowering ratings with price targets ranging from $46 to $55. Kroger's financials show a slight revenue decline, strong net margin, ROE, and ROA, with a healthy debt-to-equity ratio. The company's proposed $25 billion acquisition of Albertsons is pending regulatory approval.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 1:00 pm

UPS

Raymond James analyst Patrick Tyler Brown has reaffirmed a Strong Buy rating on United Parcel Service (UPS) and increased the price target from $170 to $185.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 1:00 pm

BROS

Seven analysts have recently reviewed Dutch Bros (NYSE:BROS), with a mix of bullish and bearish sentiments. The average 12-month price target is $32.86, up from the previous $31.86. Analysts from firms like Stifel, Barclays, Wedbush, and JP Morgan have adjusted their ratings and price targets, reflecting their views on the company's market performance. Dutch Bros has shown strong revenue growth but has below-average net margin, ROE, and ROA, with a conservative debt-to-equity ratio. Analyst ratings are important as they are based on future earnings predictions and company performance analysis.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 1:00 pm

CSR

Centerspace (NYSE:CSR), a REIT, has received mixed analyst ratings over the past three months, with 1 bullish, 1 somewhat bullish, and 2 indifferent. The average 12-month price target is $60.75, down from $61.00. Analysts from RBC Capital and Piper Sandler have adjusted their ratings and price targets, reflecting their latest views on the company's performance. Centerspace's financials show a -1.33% revenue decline as of September 30, 2023, a net margin of 9.55%, ROE of 0.96%, ROA of 0.32%, and a debt-to-equity ratio of 1.31.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 1:00 pm

JBHT

Raymond James analyst Patrick Tyler Brown has reaffirmed an Outperform rating on JB Hunt Transport Services (NASDAQ:JBHT) and increased the price target from $200 to $209.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:59 pm

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NVDA

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WDC

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies. Keybanc raised NVIDIA's target from $650 to $740 and Micron's from $100 to $115, maintaining Overweight ratings. Deutsche Bank increased Western Digital's target from $45 to $65 and upgraded it to Buy. Morgan Stanley raised Dollar General's target from $130 to $160 and upgraded it to Overweight. Piper Sandler increased Home Depot's target from $311 to $400 and upgraded it to Overweight. Baird raised Triumph Group's target from $13 to $20 and upgraded it to Outperform. Redburn Atlantic raised Hyatt Hotels' target from $120 to $130 but downgraded it to Neutral. Wells Fargo cut Boeing's target from $280 to $225 and downgraded it to Equal-Weight. Bernstein raised Boston Beer's target from $280 to $335 and upgraded it to Market Perform. Morgan Stanley increased DocuSign's target from $49 to $64 and upgraded it to Equal-Weight.

Portfolio Pulse from Avi Kapoor

January 16, 2024 | 12:54 pm

RVMD

Raymond James analyst Laura Prendergast has maintained an Outperform rating on Revolution Medicines (NASDAQ:RVMD) and increased the price target from $30 to $36.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:53 pm

WFC

Raymond James analyst David Long has reaffirmed a Strong Buy rating on Wells Fargo (NYSE:WFC) and increased the price target from $55 to $58, indicating a positive outlook on the bank's stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:45 pm

ESQ

Raymond James analyst Steve Moss has initiated coverage on Esquire Financial Holdings (NASDAQ:ESQ) with a Strong Buy rating and set a price target of $60.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:37 pm