Streetbeat News

Price Targets

GS

Goldman Sachs (GS) is anticipated to release Q4 earnings on Jan. 16, 2023, with expected earnings of $3.41 per share on revenue of $10.80 billion. UBS and JPMorgan raised their price targets for GS to $440 and $421, respectively. GS Asset Management closed the West Street Life Sciences I fund above its target with $650 million in equity commitments. GS has a dividend yield of 2.90%, with a quarterly dividend of $2.75 per share. To earn $500 monthly in dividends, an investor would need 545 shares, valued at approximately $206,964. GS shares fell 0.6% to close at $379.75 recently.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 3:43 pm

ENPH

Piper Sandler analyst Kashy Harrison has maintained a Neutral rating on Enphase Energy (NASDAQ:ENPH) but has reduced the price target from $120 to $117.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 3:39 pm

COO

Piper Sandler analyst Jason Bednar has maintained an Overweight rating on Cooper Companies (NASDAQ:COO) and increased the price target from $430 to $440.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 3:31 pm

DOCU

RBC Capital analyst Rishi Jaluria has reiterated a 'Sector Perform' rating on DocuSign (NASDAQ:DOCU), maintaining a price target of $50.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 3:19 pm

ACI

RBC Capital analyst Steven Shemesh has reiterated an Outperform rating on Albertsons Companies (NYSE:ACI) and maintained a price target of $24.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 3:15 pm

TWLO

Twilio Inc. shares have risen following an upgrade by Piper Sandler from Neutral to Overweight, with an increased price target from $75 to $82.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 3:06 pm

LYFT

Lyft (NASDAQ:LYFT) received mixed analyst ratings with 8 indifferent, 1 somewhat bearish, and 1 bearish out of 10 recent ratings. The average 12-month price target is $12.45, up 11.06% from the previous $11.21. Analysts from firms like Goldman Sachs, BMO Capital, and others have raised their price targets, reflecting a response to Lyft's market dynamics and performance. Lyft's financials show a revenue growth of 9.84%, a net margin of -1.05%, an ROE of -2.83%, an ROA of -0.27%, and a debt-to-equity ratio of 2.23.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:01 pm

WM

Waste Management (NYSE:WM) has received mixed analyst ratings over the past three months, with 9 analysts offering a range of views. The average 12-month price target is $178.78, with a high of $190.00 and a low of $163.00, indicating a 2.6% increase from the previous target. Analysts from firms like Oppenheimer, Stifel, and others have raised their price targets, reflecting a positive outlook on WM's performance. WM is a leading provider of waste services and recycling in North America, with strong financial metrics such as a net margin of 12.75% and ROE of 9.57%, but a high debt-to-equity ratio of 2.22.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:00 pm

RSG

Analysts have provided mixed reviews on Republic Services (NYSE:RSG) with 6 evaluations over the past three months. The average 12-month price target is $176.17, reflecting a 6.51% increase from the previous target. Analysts from firms like Oppenheimer, Stifel, Wells Fargo, and UBS have raised their price targets, indicating a positive outlook. Republic Services, a major waste services provider in the US, has shown strong financial performance with a high market cap, revenue growth of 6.34%, a net margin of 12.55%, ROE of 4.68%, ROA of 1.6%, and a low debt-to-equity ratio of 1.18.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:00 pm

ACI

Four analysts have recently updated their ratings on Albertsons Companies (NYSE:ACI), with one bullish and three indifferent. The average 12-month price target is now $26.38, up from $25.00, with a high estimate of $27.25 and a low of $24.00. Albertsons, a major grocer in the U.S., is set to be acquired by Kroger in a $25 billion deal expected to close in 2024. The company's financials show solid revenue growth, high net margin, ROE, and ROA, but a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:00 pm