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Price Targets

PCAR

Morgan Stanley analyst Angel Castillo has initiated coverage on PACCAR Inc (NASDAQ:PCAR) with an Overweight rating and set a price target of $125.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:06 pm

WAB

Morgan Stanley analyst Dillon Cumming has initiated coverage on Westinghouse Air Brake Technologies Corporation (WAB) with an Overweight rating and a price target of $137.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:04 pm

CNHI

Morgan Stanley analyst Angel Castillo has initiated coverage on CNH Industrial (NYSE:CNHI) with an Equal-Weight rating and set a price target of $12.7.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:01 pm

VRSK

Five analysts have recently updated their ratings on Verisk Analytics (NASDAQ:VRSK), with an average 12-month price target of $262.6, reflecting a slight increase from the previous target. The company is a leading provider of data analytics for the U.S. insurance industry and has shown strong financial performance with significant revenue growth, high net margin, and ROE. However, it has a high debt-to-equity ratio. Analysts' actions include both upgrades and downgrades, with price targets ranging from $253.00 to $285.00.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:01 pm

MKL

Analysts have provided mixed reviews on Markel Group (NYSE:MKL) with a range of ratings from 'Sell' to 'Hold'. The average 12-month price target is now $1393.75, down from $1600.00, indicating a 12.89% decrease. Markel's business includes specialty insurance and reinsurance, with recent revenue growth of 7.38% but below-average net margin and ROE. The company's debt-to-equity ratio is healthy at 0.28.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:00 pm

FIHL

Fidelis Insurance Hldgs (NYSE:FIHL) received mixed ratings from 4 analysts, with an updated average 12-month price target of $17.38, up 1.22% from the previous target. Analysts from JP Morgan, BMO Capital, Keefe, Bruyette & Woods, and JMP Securities provided recent evaluations, with three lowering their price targets and one maintaining. The company's financials show strong revenue growth, net margin, ROE, and ROA, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:00 pm

ARRY

Wells Fargo downgraded Array Technologies (NASDAQ:ARRY) from an unspecified rating to Equal-Weight and lowered the price target from $22.00 to $19.00. Despite the downgrade, the new price target suggests a potential upside of 26.88% from the current share price of $14.97. Array Technologies is a manufacturer of solar energy ground-mounting systems, with the majority of its revenue derived from the United States.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:00 pm

ALKT

Keybanc has maintained its Overweight rating on Alkami Technology (NASDAQ:ALKT) and increased its price target from $21.00 to $26.00. Alkami's shares are currently trading up 0.82% at $23.26. The new price target suggests a potential upside of 11.78%. Alkami provides cloud-based digital banking solutions with a proprietary, multi-tenant architecture.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:00 pm

NTAP

Over the past three months, 10 analysts have provided diverse ratings for NetApp (NASDAQ:NTAP), with a recent shift towards a somewhat bearish stance in the last 30 days. The average 12-month price target for NTAP has been raised to $87.4, indicating a 12.05% increase from the previous target of $78.00. Analysts from firms like JP Morgan, Citigroup, and Morgan Stanley have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. NetApp's financial indicators show a market capitalization below industry benchmarks, a revenue decline of -6.07% over 3 months, but strong profitability with a net margin of 14.92%, an ROE of 28.36%, and an ROA of 2.54%. However, the company's debt-to-equity ratio of 3.46 suggests a higher level of debt.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:00 pm

ARMK

Aramark (NYSE:ARMK) has been analyzed by four analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is now $31.75, down from $39.67, with a high estimate of $35.00 and a low of $26.00. Analysts from Truist Securities, Morgan Stanley, Stifel, and JP Morgan have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Aramark's financials show a revenue growth of 11.64%, a net margin of 4.19%, ROE of 5.66%, ROA of 1.27%, and a debt-to-equity ratio of 2.32.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:00 pm