Streetbeat News

Price Targets

AXTA

UBS analyst Joshua Spector has downgraded Axalta Coating Systems (AXTA) from Buy to Neutral while increasing the price target from $35 to $36.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:13 pm

DAVA

HSBC analyst Phani Kanumuri has downgraded Endava (NYSE:DAVA) from Buy to Hold while increasing the price target from $68 to $80.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:12 pm

HIG

JP Morgan analyst Jimmy Bhullar downgraded Hartford Financial Services Group (HIG) from Overweight to Neutral and reduced the price target from $94 to $91.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:09 pm

AMBP

Barclays analyst Michael Leithead downgraded Ardagh Metal Packaging (NYSE:AMBP) from Overweight to Equal-Weight and set a price target of $4. The downgrade reflects a more cautious stance on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:02 pm

ECL

Analysts have provided varying ratings for Ecolab (NYSE:ECL) over the last quarter, with sentiments ranging from bullish to bearish. In the past 30 days, there have been no changes in ratings, maintaining 4 somewhat bullish and 1 indifferent stance from previous months. The 12-month price target for ECL has an average of $208.4, with a high of $213.00 and a low of $193.00, marking an 11.44% increase from the previous average of $187.00. Ecolab is a leader in cleaning and sanitation products with strong market presence and financial performance, including a 7.87% revenue growth rate and a net margin of 10.21%, but faces challenges with a high debt-to-equity ratio of 1.17.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:01 pm

GPN

Global Payments (NYSE:GPN) has been evaluated by 11 analysts over the last three months, with a mix of bullish to bearish sentiments. The average 12-month price target is $142.73, with a high of $180.00 and a low of $110.00, marking a 10.07% decrease from the previous average. Analysts have made various rating changes and price target adjustments, reflecting their views on the company's performance and market conditions. Global Payments is a payment processing and software solutions provider, with a recent revenue growth of 8.33% as of September 30, 2023. However, it has a lower market capitalization, below-average ROE and ROA, and a prudent debt-to-equity ratio of 0.77.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:00 pm

FI

Analysts have provided mixed evaluations of Fiserv (NYSE:FI) with 12 ratings over the past three months, showing a trend towards bullish sentiment. The average 12-month price target is $149.67, up 3.32% from the previous $144.86. Analysts from firms like Keybanc, Tigress Financial, and UBS have raised their price targets, while Truist Securities lowered theirs. Fiserv's financial performance includes strong revenue growth, net margin, and ROA, but a lower ROE compared to industry averages. The company's debt-to-equity ratio is below industry norms, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:00 pm

GTLB

GitLab (NASDAQ:GTLB) has been the subject of 15 analyst ratings in the past three months, with a mix of bullish and bearish sentiments. The average 12-month price target is $64.13, up 7.47% from the previous $59.67. Analysts from firms like Mizuho, Goldman Sachs, and RBC Capital have raised their price targets, reflecting a positive outlook on the company's performance. GitLab operates a DevOps platform and has shown a revenue growth rate of 32.47% as of October 31, 2023. However, the company has a net margin of -190.53% and an ROE of -42.87%, indicating potential profitability challenges.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:00 pm

TBLA

Six analysts have recently provided ratings for Taboola.com Ltd (NASDAQ:TBLA), with all six maintaining a bullish stance. The average 12-month price target is $5.67, marking a 13.4% increase from the previous target of $5.00. The company has shown an 8.35% revenue growth rate as of September 30, 2023, but faces challenges with a net margin of -6.42% and an ROE of -2.14%. Taboola.com's market capitalization is below industry averages, and it has a conservative debt-to-equity ratio of 0.25.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:00 pm

COIN

Needham analyst John Todaro has reaffirmed a Buy rating on Coinbase Global (NASDAQ:COIN) and increased the price target from $160 to $180.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 12:00 pm