Streetbeat News

Price Targets

LNC

Five analysts have recently updated their ratings on Lincoln National (NYSE:LNC), with a shift towards a more bearish stance over the past three months. The average 12-month price target is now $27.00, down from $28.00, with a high estimate of $30.00 and a low of $25.00. Analysts from JP Morgan, Evercore ISI Group, Piper Sandler, Morgan Stanley, and Wells Fargo have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Lincoln National's financials show a negative revenue trend with a -11.9% decline in revenue growth, but strong profitability with a net margin of 19.37% and high ROE of 23.25%. However, the company faces debt management challenges with a debt-to-equity ratio of 2.67.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 12:00 pm

RKT

Analysts have provided mixed reviews on Rocket Companies (NYSE:RKT) with 7 ratings over the past quarter, showing a shift towards a more bearish sentiment. The average 12-month price target is now $9.57, down from $11.31. Analysts from firms like Wells Fargo, Keefe, Bruyette & Woods, UBS, Barclays, Wedbush, and JP Morgan have updated their ratings and price targets, reflecting changes in market dynamics and company performance. Rocket Companies, known for its Rocket Mortgage business, has faced revenue challenges with a -7.29% decline over 3 months but has shown strong profitability with a net margin of 0.53% and high ROE and ROA. However, its high debt-to-equity ratio of 10.22 raises financial leverage concerns.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 12:00 pm

SHW

Baird analyst Ghansham Panjabi downgraded Sherwin-Williams (NYSE:SHW) from Outperform to Neutral but increased the price target from $270 to $300.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:57 am

PJT

Wolfe Research analyst Steven Chubak has downgraded PJT Partners (NYSE:PJT) from Peer Perform to Underperform and set a price target of $89. This reflects a negative outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:55 am

DELL

Bernstein analyst Toni Sacconaghi has maintained an Outperform rating on Dell Technologies (NYSE:DELL) and increased the price target from $80 to $90.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:53 am

NTRS

Wolfe Research analyst Steven Chubak has downgraded Northern Trust (NASDAQ:NTRS) from Peer Perform to Underperform and set a price target of $85.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:52 am

PRU

JP Morgan analyst Jimmy Bhullar has downgraded Prudential Financial (NYSE:PRU) from Overweight to Neutral and reduced the price target from $119 to $118.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:50 am

LNC

JP Morgan analyst Jimmy Bhullar has downgraded Lincoln National (NYSE:LNC) from Neutral to Underweight and set a price target of $26.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:48 am

EQH

JP Morgan analyst Jimmy Bhullar has downgraded Equitable Holdings (EQH) from Overweight to Neutral, while also increasing the price target from $35 to $36.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:38 am

KDP

Morgan Stanley analyst Dara Mohsenian has downgraded Keurig Dr Pepper (NASDAQ:KDP) from Overweight to Equal-Weight and set a price target of $37. The downgrade reflects a more neutral outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:37 am