Streetbeat News

Price Targets

PANW

Citigroup analyst Fatima Boolani has reaffirmed a Buy rating on Palo Alto Networks (NASDAQ:PANW) and increased the price target from $280 to $335, signaling confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 6:06 pm

OKTA

Citigroup analyst Fatima Boolani has maintained a Neutral rating on Okta (NASDAQ:OKTA) and increased the price target from $75 to $85.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 6:03 pm

PLD

Analysts have mixed views on Prologis (NYSE:PLD), with recent ratings ranging from bullish to bearish. The average 12-month price target is $133.4, down from $136.83. Analysts from firms like Mizuho, JP Morgan, and Barclays have updated their price targets and ratings, reflecting changes in market conditions and company performance. Prologis, a global industrial and logistics facilities operator, has shown a revenue growth of 9.35% and strong financial health with a high net margin of 38.97% and ROE of 1.4%. The company's strategic capital business has around $60 billion AUM, and it maintains a prudent debt management with a debt-to-equity ratio of 0.51.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 6:01 pm

JNPR

Analysts have provided mixed reviews on Juniper Networks (NYSE:JNPR) with 4 different ratings over the past quarter. The average 12-month price target is now $32.00, up from $31.00, with a high estimate of $40.00 and a low of $27.00. Analysts from Rosenblatt, UBS, Morgan Stanley, and Needham have made adjustments to their ratings and price targets. Juniper Networks specializes in high-performance network solutions and services. Despite a recent revenue decline of -1.19%, the company has a strong net margin of 5.44% but a lower ROE of 1.75% compared to industry averages. Its ROA of 0.81% and a debt-to-equity ratio of 0.39 indicate efficient asset management and a healthy balance between debt and equity.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 6:01 pm

KIM

Kimco Realty (NYSE:KIM) received mixed analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, and 1 indifferent. The average 12-month price target is $22.44, up from the previous $21.62. Mizuho, Piper Sandler, Stifel, and Truist Securities analysts have adjusted their price targets, with three raising and one lowering their targets. Kimco Realty, a large REIT, showed a revenue growth of 2.92% and a high net margin of 25.1%, but a lower than average ROE of 1.17% and an above-average ROA of 0.62%. The company's debt-to-equity ratio is 0.75, below the industry average.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 6:01 pm

FR

First Industrial Realty (NYSE:FR) has received mixed analyst ratings over the past three months, with 3 bullish and 1 bearish. The average 12-month price target is now $50.5, down from $54.00, with a high estimate of $58.00 and a low of $41.00. Analysts from Mizuho and Truist Securities have raised and lowered their price targets respectively, while Goldman Sachs has downgraded the stock to 'Sell'. First Industrial Realty Trust, a REIT, has shown strong financial performance with a revenue growth rate of 10.99%, a net margin of 48.31%, an ROE of 2.98%, an ROA of 1.46%, and a conservative debt-to-equity ratio of 0.88.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 6:00 pm

ENVA

Five analysts have recently updated their ratings on Enova International (NYSE:ENVA), with 3 being somewhat bullish and 2 indifferent. The average 12-month price target is now $57.6, down from $64.67, indicating a 10.93% decrease. Analysts from BMO Capital and TD Cowen have announced ratings, while JMP Securities' David Scharf has adjusted his price target multiple times. Enova's financials show strong revenue growth and ROE, but a below-average net margin and a sound debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 6:00 pm

GLPI

Six analysts have provided mixed evaluations of Gaming and Leisure Props (NASDAQ:GLPI) over the past three months, with recent ratings showing a shift towards a more neutral stance. The average 12-month price target is $50.0, with a high of $53.00 and a low of $47.00, marking a 3.85% decrease from the previous average. Analysts from firms including Mizuho, JP Morgan, JMP Securities, and RBC Capital have updated their ratings and price targets, reflecting their views on the company's market position. GLPI, a real estate investment trust, leases gaming facilities to Penn National Gaming and has shown strong financial performance with a 7.71% revenue growth, a 51.14% net margin, and a 4.77% ROE.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 6:00 pm

LULU

Raymond James analyst Rick Patel has maintained an Outperform rating for Lululemon Athletica Inc (NASDAQ:LULU) and raised the price target from $495 to $520 after a meeting with the company's management. The company's Q4 revenue growth guidance was increased to +14-15% due to better-than-expected demand. Gross margin expansion is also expected to be higher than previously projected, with controlled inventories and continued attractiveness in the China market. LULU shares saw a slight decline of 0.30% to $484.23.

Portfolio Pulse from Priya Nigam

January 10, 2024 | 5:28 pm

ENVA

BMO Capital analyst James Fotheringham has initiated coverage on Enova International (NYSE:ENVA) with a Market Perform rating and set a price target of $57.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 5:11 pm