Streetbeat News

Price Targets

BBSI

Barrington Research analyst Vincent Colicchio has maintained an Outperform rating on Barrett Business Services, Inc. (BBSI) and increased the price target from $115 to $141.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 3:18 pm

MGA

Magna International's stock (MGA) trades lower following a downgrade by Goldman Sachs from Buy to Neutral and a reduction in the price target from $73 to $58.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 3:17 pm

ANIK

Barrington Research analyst Michael Petusky has maintained an Outperform rating on Anika Therapeutics (NASDAQ:ANIK) and increased the price target from $28 to $29.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 3:12 pm

SOFI

SoFi Technologies Inc (NASDAQ:SOFI) stock is declining after an analyst downgrade from Keefe, Bruyette & Woods. Analyst Michael Perito downgraded SoFi from Market Perform to Underperform and reduced the price target from $7.50 to $6.50. The downgrade is based on updated 2024 revenue and EBITDA expectations, which are below Street estimates, and concerns over profitability. Despite the stock's 40% rise since the last earnings report, the downgrade reflects potential downside risks. SoFi is expected to report quarterly earnings at the end of January with anticipated flat earnings on revenue of $571.779 million.

Portfolio Pulse from Adam Eckert

January 03, 2024 | 3:06 pm

UTZ

Needham analyst Matt McGinley has initiated coverage on Utz Brands (NYSE:UTZ) with a Buy rating and set a price target of $20.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 3:05 pm

DOTUSD

Polkadot's (CRYPTO: DOT) price has decreased by 12.07% in the last 24 hours, reaching $7.49, with a weekly decline of 17.0% from $8.97. The volatility is depicted by Bollinger Bands in the provided chart. Trading volume has decreased by 1.0% over the past week, while the circulating supply has increased by 0.27% to 1.31 billion. Polkadot's market cap is currently ranked #12 at $9.85 billion.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 3:03 pm

CHK

Chesapeake Energy (NASDAQ:CHK) has received mixed reviews from 6 analysts in the last three months, with recent sentiment showing a shift towards neutrality. The average 12-month price target is now $92.83, down from $100.40, with individual analyst actions ranging from price target adjustments to maintaining ratings. Chesapeake Energy's financials indicate challenges in revenue growth, profitability, and asset utilization, with a notable revenue decline of -52.21% over the last quarter.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 3:01 pm

EQH

Equitable Hldgs (NYSE:EQH) has been rated by 8 analysts in the past three months, with a mix of bullish and indifferent sentiments. The average 12-month price target is $35.38, slightly up from the previous $35.00. Analysts from firms like JP Morgan, Jefferies, and Barclays have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Equitable Holdings Inc. is a financial services company with segments in retirement, investment management, and protection solutions. The company shows strong revenue growth and ROE but faces challenges in net margin, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 3:01 pm

OPEN

Opendoor Technologies (NASDAQ:OPEN) has been reviewed by 4 analysts over the last three months, with a mix of opinions. The average 12-month price target is now $3.45, up from $3.05, with a high of $5.00 and a low of $2.50. Analysts from JMP Securities, Keefe, Bruyette & Woods, Deutsche Bank, and Morgan Stanley have updated their ratings and price targets. Opendoor's financial performance shows a significant revenue decline of -70.84% over 3 months, a net margin of -10.82%, and an ROE of -10.07%, with a debt-to-equity ratio of 2.8.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 3:00 pm

APTV

Analysts have recently updated their ratings and price targets for Aptiv (NYSE:APTV), showing a negative shift in sentiment. The average 12-month price target is now $120.22, down 2.15% from previous estimates. Several analysts from firms like Baird, Morgan Stanley, and Citigroup have lowered their price targets, while others like JP Morgan and Oppenheimer have announced or maintained their ratings. Aptiv's financial performance is strong, with significant revenue growth, high net margin, and ROE, as well as a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 3:00 pm