Streetbeat News

Price Targets

PBF

Analysts have mixed views on PBF Energy (NYSE:PBF), with recent ratings ranging from bullish to indifferent. The average 12-month price target is $54.75, down from $59.67. Analysts from Mizuho and UBS have adjusted their price targets, while Piper Sandler raised theirs. PBF Energy is an independent petroleum refiner with operations in the U.S. Despite a strong ROE and ROA, the company faces challenges with a negative revenue trend and a net margin below industry averages.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 1:00 pm

SNV

Synovus Financial Corp (NYSE:SNV) has been the subject of diverse analyst opinions over the past three months, with 8 analysts offering ratings that range from bullish to indifferent. The average 12-month price target for SNV has increased by 11.77% to $37.88, with a high estimate of $46.00 and a low of $31.00. Recent analyst actions include both raised and lowered price targets and ratings. Synovus provides a range of banking services and has four main segments, with Wholesale Banking being the largest. The company's market capitalization is below the industry average, and it has experienced a revenue decline of -11.28% as of September 30, 2023. Additionally, Synovus has a net margin of 16.93%, an ROE of 2.12%, an ROA of 0.15%, and a debt-to-equity ratio of 0.68, all of which are below industry standards.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 1:00 pm

DIN

Barclays analyst Jeff Kessler has maintained an Overweight rating on Dine Brands Global (NYSE:DIN) and increased the price target from $60 to $64.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:56 pm

DRI

Barclays analyst Jeffrey Bernstein has maintained an Overweight rating on Darden Restaurants (NYSE:DRI) and increased the price target from $180 to $187.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:55 pm

PBF

Mizuho analyst Nitin Kumar has upgraded PBF Energy (NYSE:PBF) from Neutral to Buy and set a price target of $52. This upgrade suggests a positive outlook on PBF Energy's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:52 pm

XPOF

Xponential Fitness shares have declined following a downgrade by Piper Sandler from Overweight to Neutral, with a reduced price target from $21 to $13.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:52 pm

SFST

Piper Sandler analyst Casey Orr Whitman upgraded Southern First Bancshares (SFST) from Neutral to Overweight and increased the price target from $34 to $44.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:49 pm

ALLY

COST

MDB

Insiders at Costco, Waste Management, MongoDB, and Ally Financial have recently sold shares of their companies. Costco's Daniel Hines sold 1,400 shares, while Tigress Financial maintains a Buy rating with a higher price target. Waste Management's Charles Boettcher sold 2,371 shares, with the company planning a dividend increase for 2024. MongoDB's Dwight Merriman sold 2,375 shares after reporting a 30% revenue increase year-over-year. Ally Financial's David Debrunner sold 3,750 shares, with Barclays raising the price target for the stock.

Portfolio Pulse from Avi Kapoor

January 03, 2024 | 12:46 pm

AMBA

DELL

EAT

GSK

GWW

KEY

MELI

ROK

SHW

Wall Street analysts have updated their price targets and ratings for several companies. Barclays raised Brinker International's target, while Evercore ISI Group boosted Regions Financial's target but downgraded the stock. Jefferies upgraded GSK and raised its target. Baird increased Sherwin-Williams' target but downgraded the stock. Bernstein raised Dell's target and maintained an Outperform rating. Oppenheimer increased Grainger's target. Citigroup raised MercadoLibre's target. UBS boosted Rockwell Automation's target and upgraded the stock. Keefe, Bruyette & Woods raised KeyCorp's target. Wells Fargo cut Ambarella's target and downgraded the stock.

Portfolio Pulse from Avi Kapoor

January 03, 2024 | 12:45 pm

DFS

Piper Sandler analyst Kevin Barker has upgraded Discover Financial Services (NYSE:DFS) from Neutral to Overweight and increased the price target from $104 to $129.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:42 pm