Streetbeat News

Price Targets

GXO

Analysts have provided mixed evaluations of GXO Logistics (NYSE:GXO) with 8 ratings over the past three months. The average 12-month price target is $70.12, with a high of $76.00 and a low of $65.00, reflecting a 5.24% decrease. Analysts from firms like Stifel, JP Morgan, and Morgan Stanley have adjusted their ratings and price targets, indicating a negative shift in sentiment. GXO Logistics is a contract logistics company with strong financial performance, including solid revenue growth, high net margin, and above-average ROE and ROA.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:01 pm

VICI

VICI Properties Inc (NYSE:VICI) has received mixed analyst ratings over the last quarter, with 2 bullish, 3 somewhat bullish, and 1 indifferent. The average 12-month price target is $33.17, down from the previous $35.00. Analysts from firms like Mizuho, Wedbush, Keybanc, Evercore ISI Group, and JMP Securities have updated their ratings and price targets. VICI Props, a real estate investment trust, has shown strong financial performance with a 20.33% revenue growth rate, a net margin of 61.52%, an ROE of 2.32%, an ROA of 1.31%, and a debt-to-equity ratio of 0.73.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm

AFRM

Affirm Holdings (NASDAQ:AFRM) has received mixed analyst ratings over the past three months, with 15 analysts offering opinions. The average 12-month price target has increased to $25.3, up from $18.91, with a high estimate of $55.00 and a low of $12.00. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Affirm's financials show a positive revenue trend with a growth rate of 37.31% as of September 30, 2023, but it struggles with a high debt-to-equity ratio, low net margin, and below-average ROE and ROA.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm

ITW

Illinois Tool Works (NYSE:ITW) has been rated by 5 analysts in the last three months, with a mix of opinions. The average 12-month price target is $252.2, up from the previous $245.00. Analysts from B of A Securities, Stifel, Wells Fargo, Citigroup, and JP Morgan have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. ITW is a diversified global manufacturer with a strong market presence, revenue growth, and profitability, but carries a higher debt-to-equity ratio than industry norms.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm

AVPT

Citigroup has maintained a Neutral rating for AvePoint (NASDAQ:AVPT) and increased its price target from $8.00 to $9.00. AvePoint's shares are currently trading at $7.91, up 0.38% over the last 24 hours. The new price target suggests a potential upside of 13.78% from the current share price. AvePoint is a provider of Microsoft 365 data management solutions.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm

HP

Barclays has downgraded Helmerich & Payne (NYSE:HP) from an unspecified rating to Equal-Weight and lowered the price target from $44.00 to $40.00. HP's shares are currently trading down at $33.28, which is 1.68% lower than the last 24 hours. The new price target suggests a potential upside of 20.19% from the current share price. Helmerich & Payne operates the largest fleet of U.S. land drilling rigs and is a significant player in U.S. shale plays.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm

LSTR

Stifel has maintained its Hold rating for Landstar System (NASDAQ:LSTR) but increased its price target from $165.00 to $171.00. Despite the new target suggesting a potential downside of 8.79% from the current price of $187.48, Landstar's stock is trading up by 0.84% over the last 24 hours. Landstar System is a logistics provider with a focus on domestic truck brokerage, which constitutes 90% of its revenue.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm

DCO

Truist Securities has reaffirmed its Buy rating on Ducommun (NYSE:DCO) and increased its price target from $62.00 to $69.00. Ducommun's shares are currently trading at $48.78, up 0.41% over the last 24 hours. The new price target suggests a potential upside of 41.45% from the current share price. Ducommun specializes in engineering and manufacturing services for various industries, with a focus on aerospace and defense. The company's revenue is primarily generated from its Electronic Systems segment.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm

CPT

Camden Prop Trust (NYSE:CPT) has received mixed analyst ratings over the past three months, with 4 bullish, 1 somewhat bullish, 2 indifferent, and 2 somewhat bearish ratings. The average 12-month price target is now $99.78, down from $111.50, with a high estimate of $122.00 and a low of $80.00. Analysts from firms like Mizuho, BMO Capital, Morgan Stanley, and others have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Camden Prop Trust is a REIT with a strong market presence, above-average revenue growth, but below-average profitability and return metrics. Its debt-to-equity ratio is below the industry average, indicating a healthier balance sheet.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm

MKSI

Needham has reaffirmed its Buy rating on MKS Instruments (NASDAQ:MKSI) and increased its price target from $96.00 to $120.00. MKS Instruments' shares are slightly up, trading at $103.23. The new price target suggests a potential upside of 16.25%. MKS Instruments provides critical instruments and systems for various manufacturing processes, with the Vacuum Solutions segment being its largest revenue contributor, mainly in the U.S.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 5:00 pm