Streetbeat News

Price Targets

CCK

Mizuho analyst John Roberts has maintained a Buy rating on Crown Holdings (NYSE:CCK) and increased the price target from $96 to $105.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 12:05 pm

CUBE

Truist Securities analyst Ki Bin Kim has maintained a Hold rating on CubeSmart (NYSE:CUBE) and increased the price target from $43 to $46.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 12:05 pm

BERY

Mizuho analyst John Roberts has maintained a Neutral rating on Berry Global Group (NYSE:BERY) and increased the price target from $66 to $74.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 12:01 pm

SAFE

Safehold Inc. (NYSE:SAFE) received mixed analyst ratings in the latest quarter, with 5 analysts offering views ranging from bullish to indifferent. The average 12-month price target is $23.8, down from $25.25, with a high estimate of $33.00 and a low of $19.00. Analysts from JP Morgan, Goldman Sachs, Truist Securities, RBC Capital, and Wedbush have made recent adjustments to their ratings and price targets. Safehold, a REIT focusing on ground leases, showed a revenue growth of 19.34% and a high net margin of -143.72%, but lags in ROE and ROA compared to industry averages. Its debt-to-equity ratio is below industry norms, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 12:01 pm

MSTR

MicroStrategy (NASDAQ:MSTR) has received 5 bullish ratings from analysts in the past three months, with an upward trend in the 12-month price target, now averaging $675.0, an 18.38% increase from the previous average. Analyst Joseph Vafi of Canaccord Genuity has raised his price target multiple times, with the latest being $791.00. The company's financials show a market cap below industry average, a revenue growth of 3.27%, but struggles with profitability and debt management, indicated by a net margin of -110.8% and a high debt-to-equity ratio of 2.67.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 12:00 pm

ALL

Allstate (NYSE:ALL) has been reviewed by 8 analysts, showing a shift towards more positive ratings over the past three months. The average 12-month price target is now $149.38, up 8.14% from the previous $138.14. Analysts from firms like HSBC, BMO Capital, UBS, Goldman Sachs, Raymond James, Piper Sandler, Roth MKM, and Citigroup have raised their price targets, indicating a bullish outlook. Allstate's financial performance shows a revenue growth of 9.76% but lags in net margin, ROE, and ROA, with a high debt-to-equity ratio of 0.63.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 12:00 pm

FRSH

Freshworks (NASDAQ:FRSH) has received mixed analyst ratings over the past three months, with 3 bullish, 2 somewhat bullish, and 2 indifferent. The average 12-month price target is now $23.86, down 7.52% from the previous $25.80. Notable analyst actions include Scott Berg of Needham raising the target to $30.00, while others like Taylor McGinnis of UBS and Raimo Lenschow of Barclays have lowered their targets. Freshworks provides SaaS solutions for businesses and has seen a 19.25% revenue growth rate as of September 30, 2023, but faces challenges with a net margin of -20.21% and an ROE of -2.93%.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 12:00 pm

PGR

16 analysts have provided diverse ratings for Progressive (NYSE:PGR) over the last three months, with an average 12-month price target of $158.75, up from the previous $141.00. Analysts' actions include maintaining, raising, and setting price targets, reflecting changes in market dynamics and company performance. Progressive is a major auto insurer in the U.S., with strong market capitalization, revenue growth, and ROE, but faces challenges with net margin and debt management.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 12:00 pm

BALL

Mizuho analyst John Roberts has maintained a Neutral rating on Ball Corporation (NYSE:BALL) and increased the price target from $60 to $62.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 11:59 am

SNES

HC Wainwright & Co. analyst Amit Dayal has maintained a Buy rating on SenesTech (NASDAQ:SNES) but has lowered the price target from $4 to $3.5.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 11:55 am