Streetbeat News

Price Targets

CHH

Choice Hotels Intl (NYSE:CHH) received mixed analyst ratings in the latest quarter, with 4 indifferent and 1 somewhat bearish. The average 12-month price target is $127.4, down from $131.67, with a high estimate of $143.00 and a low of $96.00. Analysts adjusted their ratings and price targets, reflecting market conditions and company performance. Choice Hotels operates 628,000 rooms across 13 brands and closed on its Radisson acquisition in August 2022. The company's revenue growth rate is 2.73%, with a net margin of 21.51%, ROE of 144.05%, ROA of 4.18%, and a high debt-to-equity ratio of 20.79.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 2:00 pm

UCBI

DA Davidson analyst Kevin Fitzsimmons has reaffirmed a Buy rating on United Community Banks (NASDAQ:UCBI) and increased the price target from $33.5 to $34.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:57 pm

NAVI

Stephens & Co. analyst Vincent Caintic downgraded Navient (NASDAQ:NAVI) from Equal-Weight to Underweight and set a price target of $16.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:57 pm

CCBG

DA Davidson analyst Kevin Fitzsimmons has maintained a Neutral rating on Capital City Bank Group (NASDAQ:CCBG) but lowered the price target from $34 to $32.5.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:50 pm

EXC

UBS analyst Daniel Ford has downgraded Exelon (NASDAQ:EXC) from Buy to Neutral and reduced the price target from $47 to $37.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:48 pm

GDRX

GoodRx shares have declined following a downgrade by B of A Securities from Buy to Underperform, with a reduced price target from $8 to $4.5.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:47 pm

TLNE

BWS Financial analyst Hamed Khorsand has initiated coverage on Talen Energy (OTC:TLNE) with a Buy rating and set a price target of $96 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:44 pm

CNK

B. Riley Securities analyst Eric Wold downgraded Cinemark Holdings (CNK) from Buy to Neutral and reduced the price target from $23 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:41 pm

GDRX

B of A Securities analyst Michael Cherny downgraded GoodRx Holdings (NASDAQ:GDRX) from Buy to Underperform and reduced the price target from $8 to $4.5.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:20 pm

BYDDF

LI

NIO

TSLA

XPEV

A KPMG and Global Semiconductor Alliance survey indicates 'automotive' as the top revenue driver for the semiconductor industry in 2024, with EVs expected to lead. The S&P Global Mobility forecasts a rise in BEV sales for 2024. Tesla (TSLA) showed a 130% return in 2023, while Chinese EV companies like Li Auto (LI), XPeng (XPEV), and BYD (BYDDF, BYDDY) had varied returns. NIO (NIO) saw a 6% loss. BYD offers the best value with a 0.9 EV/Sales (FWD) ratio, while Tesla appears overvalued with 7.96 EV/Sales (FWD). Li Auto trades at a favorable 1.58 EV/Sales (FWD) ratio. Investors should consider these valuations in the growing EV market.

Portfolio Pulse from Surbhi Jain

January 02, 2024 | 1:20 pm