Streetbeat News

Price Targets

USB

U.S. Bancorp (NYSE:USB) has been the subject of diverse analyst ratings over the past three months, with 9 analysts offering insights ranging from bullish to bearish. The average 12-month price target is $50.33, showing a 9.75% increase from the previous target of $45.86. Analysts from firms including Barclays, Goldman Sachs, Baird, Wells Fargo, Odeon Capital, Piper Sandler, and Oppenheimer have updated their ratings and price targets, reflecting changes in market conditions and company performance. U.S. Bancorp is a large regional bank with a market capitalization below industry benchmarks, a revenue growth rate of 11.18%, and below-average net margin, ROE, and ROA. Its debt-to-equity ratio is sound at 1.4.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:01 pm

AVB

AvalonBay Communities (NYSE:AVB) has been rated by 7 analysts in the past three months, with no changes in the last 30 days. The average 12-month price target is $193.71, down from $197.67. Analysts from Mizuho, Evercore ISI Group, Truist Securities, Keybanc, JP Morgan, and Piper Sandler have adjusted their price targets and ratings, reflecting a mix of lowered targets and maintained or raised ratings. AvalonBay owns 276 apartment communities and is developing 18 more, with strong financial indicators such as a 4.86% revenue growth, a net margin of 24.66%, an ROE of 1.46%, an ROA of 0.83%, and a debt-to-equity ratio of 0.69.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

GLBE

Global E Online (NASDAQ:GLBE) has received mixed analyst ratings over the last three months, with a total of 5 bullish, 7 somewhat bullish, and 1 indifferent rating. The average 12-month price target is now $43.38, down from $46.89. Analysts from firms including Piper Sandler, JMP Securities, Needham, Goldman Sachs, UBS, Benchmark, Morgan Stanley, Keybanc, and Raymond James have adjusted their price targets and ratings, with several maintaining their positive outlook but lowering their price targets. Global E Online provides cross-border e-commerce solutions and has shown a revenue growth rate of 26.57% as of September 30, 2023, but struggles with profitability and efficiency, as indicated by its net margin and ROE/ROA figures.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

MNDY

Analysts have provided diverse opinions on Monday.Com (NASDAQ:MNDY) over the last three months, with 12 analysts offering ratings ranging from bullish to indifferent. The average 12-month price target is $196.58, down from the previous $201.11. Analysts from firms like Piper Sandler, UBS, Canaccord Genuity, Keybanc, DA Davidson, and Citigroup have updated their ratings and price targets, reflecting changes in market conditions and company performance. Monday.Com's financials show strong revenue growth and net margin, but a lower ROE compared to industry averages. The company's market capitalization is below industry averages, and it has a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

LEA

Benchmark has reaffirmed its Buy rating on Lear Corporation (NYSE:LEA) and increased its price target from $188.00 to $200.00. Lear's stock has risen 0.81% in the last 24 hours to $142.35. The new price target suggests a potential upside of 40.49% from the current price. Lear is a leading automotive seating and electrical systems manufacturer, with GM and North America being its largest customer and market, respectively.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

CCBG

DA Davidson has maintained a Neutral rating for Capital City Bank Group (NASDAQ:CCBG) but lowered its price target from $34.00 to $32.50. Capital City Bank Group's shares are currently trading at $29.45, and the new price target suggests a potential upside of 10.36%. The company operates in the banking sector, providing a range of services in Florida, Georgia, and Alabama.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

EQIX

Equinix (NASDAQ:EQIX) has received mixed ratings from 4 analysts in the past three months, with no bullish, 2 somewhat bullish, and 2 indifferent ratings. The average 12-month price target is $808.0, down from the previous $821.67. Analysts from Morgan Stanley, Oppenheimer, BMO Capital, and Wells Fargo have recently adjusted their price targets and ratings. Equinix operates a global network of data centers and has shown strong revenue growth but faces challenges in profitability and efficiency. The company's financial health is reflected in its market capitalization, revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

CUBE

Jefferies has upgraded its rating of CubeSmart (NYSE:CUBE) to Buy and increased the price target from $38.00 to $53.00. CubeSmart's shares have risen 2.07% in the last 24 hours to $47.31. The new price target suggests a potential upside of 12.03%. CubeSmart is a REIT focusing on self-storage facilities, with a significant presence in Florida, Texas, California, New York, and Illinois, deriving most revenue from rental income.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

ASGN

Analysts have mixed opinions on ASGN Inc (NYSE:ASGN), with recent ratings ranging from bullish to bearish. Over the last quarter, 4 analysts provided ratings, with the latest 30-day sentiment showing 1 bullish and no bearish ratings. The 12-month price target average for ASGN has risen to $91.25, up 1.76% from the previous $89.67. Notable analyst actions include Tobey Sommer of Truist Securities raising the target to $110, Kevin Mcveigh of UBS announcing a sell rating with a $72 target, Jeffrey Silber of BMO Capital raising the target to $85, and Joshua Chan of UBS raising the target to $98. ASGN's financial performance shows a market cap below industry benchmarks, a revenue decline of -6.77% over 3 months, a strong net margin of 5.32%, a lower-than-average ROE of 3.1%, an excellent ROA of 1.66%, and a conservative debt-to-equity ratio of 0.58.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

FITB

Barclays has reaffirmed its Overweight rating on Fifth Third Bancorp (NASDAQ:FITB) and increased its price target from $34.00 to $43.00. Despite the positive outlook, FITB shares have fallen 1.57% in the last 24 hours to $33.95. The new price target suggests a potential upside of 26.66%. Fifth Third Bancorp is a major financial-services firm with over $200 billion in assets across multiple states.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm