Streetbeat News

Price Targets

SNOW

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Snowflake (NYSE:SNOW) and increased the price target from $220 to $250, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:22 pm

PCOR

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Procore Technologies (NYSE:PCOR) and increased the price target from $70 to $77, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:19 pm

ORCL

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Oracle (NYSE:ORCL) but reduced the price target from $125 to $122.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:16 pm

IONS

Ionis Pharmaceuticals' stock (IONS) has seen an increase in its trading price following an upgrade from Neutral to Buy by B of A Securities, which also raised its price target for the stock from $52 to $62.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:05 pm

HGV

Hilton Grand Vacations (HGV) stock is trading higher following an upgrade from Jefferies, moving from a 'Hold' to a 'Buy' rating. Additionally, Jefferies increased the price target for HGV from $39 to $50.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:04 pm

MTTR

Piper Sandler analyst Brent Bracelin has maintained a Neutral rating on Matterport (NASDAQ:MTTR) and increased the price target from $2.5 to $3.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:03 pm

MSFT

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Microsoft (NASDAQ:MSFT) and increased the price target from $425 to $455.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:01 pm

EXFY

Expensify (NASDAQ:EXFY) received mixed analyst ratings with 3 indifferent and 1 somewhat bearish over the past three months. The average 12-month price target is now $2.75, down from $4.50, indicating a 38.89% decrease. Analysts from Piper Sandler and Morgan Stanley have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Expensify's financials show a revenue decline of -14.12% over 3 months, a net margin of -46.59%, an ROE of -17.45%, an ROA of -8.01%, and a debt-to-equity ratio of 0.69.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:01 pm

CNC

Analysts have varied opinions on Centene (NYSE:CNC), with recent ratings ranging from bullish to bearish. The average 12-month price target for CNC is $83.00, with a high of $90.00 and a low of $74.00, reflecting a 6.41% increase from the previous target of $78.00. Notable analysts from firms like Wells Fargo, Truist Securities, UBS, Cantor Fitzgerald, and Jefferies have updated their ratings and price targets, with most raising their targets except for Jefferies, which lowered its target from $82.00 to $81.00. Centene's financial performance shows solid revenue growth but below-average net margins and a high debt-to-equity ratio, although it has an impressive ROE and ROA.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:00 pm

H

Hyatt Hotels (NYSE:H) received mixed analyst ratings over the past three months, with 5 analysts offering views ranging from bullish to indifferent. The average 12-month price target is $134.2, up 7.64% from the previous $124.67, with a high estimate of $138.00 and a low of $127.00. Analysts from Jefferies, Wells Fargo, Morgan Stanley, and HSBC have provided updates, with actions including raising and announcing ratings and price targets. Hyatt's financial performance shows a revenue growth rate of 5.26% as of September 30, 2023, but it lags in net margin, ROE, and ROA compared to industry averages. Its debt-to-equity ratio is below the industry average, indicating a conservative financial approach.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:00 pm