Streetbeat News

Price Targets

AUB

Raymond James analyst David Long has maintained an Outperform rating on Atlantic Union Bankshares (NYSE:AUB) and increased the price target from $34 to $39.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:17 pm

FFWM

First Foundation shares have risen following an upgrade by Raymond James from Outperform to Strong Buy, with an increased price target from $9.5 to $12.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:01 pm

NVST

Envista Holdings (NYSE:NVST) has received mixed analyst ratings over the past three months, with 8 analysts offering diverse outlooks. The recent assessments show a shift towards a more cautious stance, with a decrease in bullish ratings and an average 12-month price target of $33.25, down from the previous $43.00. Analysts from UBS, Goldman Sachs, JP Morgan, Morgan Stanley, Piper Sandler, and Stifel have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Envista Holdings is a dental products company with segments in Specialty Products & Technologies and Equipment & Consumables. Despite a market capitalization below industry benchmarks, the company has shown revenue growth, exceptional net margin, ROE, and ROA, and maintains a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 5:00 pm

FFWM

Raymond James has upgraded its rating for First Foundation (NYSE:FFWM) to Strong Buy, raising the price target from $9.50 to $12.00. Following this upgrade, First Foundation's shares have seen a 5.54% increase over the last 24 hours to $9.72. The new price target suggests a potential upside of 23.46% from the current share price. First Foundation is a financial services company offering investment management, financial planning, and banking services.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 5:00 pm

EXAI

Exscientia's stock (EXAI) is trading lower following a downgrade by B of A Securities from Buy to Neutral, with a reduced price target from $11 to $9.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:00 pm

CING

HC Wainwright & Co. has reaffirmed its Buy rating on Cingulate Inc (NASDAQ:CING) and increased its price target from $3.50 to $8.00. Cingulate's shares are currently trading at $7.15, down 0.56% over the last 24 hours. The new price target suggests a potential upside of 11.89%. Cingulate is a clinical stage biopharmaceutical company focused on developing pharmaceutical products with its proprietary drug delivery platform.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 5:00 pm

ALKT

Needham has reaffirmed its Buy rating on Alkami Technology (NASDAQ:ALKT) and increased its price target from $24.00 to $30.00. Alkami's shares are currently trading at $22.81, and the new price target suggests a potential upside of 31.52%. Alkami provides cloud-based digital banking solutions and operates on a proprietary, true cloud-based, multi-tenant architecture.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 5:00 pm

HII

Barclays has downgraded Huntington Ingalls Industries (HII) from an Overweight to an Equal-Weight rating, while raising the price target from $250.00 to $280.00. HII's shares are currently trading down at $254.71, which is 0.63% lower than the previous day. The new price target suggests a potential upside of 9.93% from the current share price. Huntington Ingalls, spun off from Northrop Grumman in 2011, is a major military shipbuilder in the U.S., known for producing a variety of military ships and providing IT services to government agencies.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 5:00 pm

CRC

B of A Securities downgraded California Resources (NYSE:CRC) to Neutral from a previous rating, with a new price target of $60.00, down from $64.00. CRC's shares are currently trading at $51.90, down 0.36% over the last 24 hours. The new price target suggests a potential upside of 15.61% from the current share price. California Resources is an independent oil and natural gas company operating in California, known for low carbon intensity production and focusing on decarbonization projects.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 5:00 pm

PNTG

The Pennant Group, Inc. (PNTG) stock is trading higher following an upgrade by Stephens & Co from Equal-Weight to Overweight, with a new price target set at $18.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:58 pm