Streetbeat News

Price Targets

SEIC

SEI Investments (NASDAQ:SEIC) has received mixed analyst ratings over the past quarter, with 8 analysts offering diverse opinions. The average 12-month price target is $62.62, down from $63.38, with a high estimate of $68.00 and a low of $58.00. Analysts from firms like Piper Sandler and Morgan Stanley have adjusted their price targets and ratings, reflecting changes in market dynamics and company performance. SEI Investments provides investment services and has over $1.2 trillion in assets under management. The company's financials show a revenue growth rate of 1.15%, a net margin of 24.26%, an ROE of 5.63%, an ROA of 4.9%, and a low debt-to-equity ratio of 0.01.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 9:00 pm

KIM

Analysts have provided mixed reviews on Kimco Realty (NYSE:KIM) over the past three months, with recent ratings ranging from bullish to indifferent. The average 12-month price target is $22.44, with high and low estimates of $26.00 and $20.00, respectively. Key analysts from Piper Sandler, Stifel, and Truist Securities have adjusted their ratings and price targets, reflecting their views on the company's market dynamics and performance. Kimco Realty, a large REIT with interests in 5,282 shopping centers, has shown a revenue growth of 2.92% and a high net margin of 25.1%, but a lower than average ROE of 1.17% and an above-average ROA of 0.62%. The company's debt-to-equity ratio is 0.75.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 9:00 pm

AFRM

GME

WMT

Jim Cramer highlighted Affirm Holdings Inc (AFRM) on CNBC's 'Squawk On The Street,' noting its 100% rise over the past month and 420% since the year's start, partly due to its expanded payment services at Walmart (WMT). He compared AFRM to GameStop (GME), calling it 'GameStop with profits' and pointing out its high short interest of 25.34%. Despite concerns over loan delinquencies and rising rates, Affirm has few bad loans and may benefit from potential rate cuts. Mizuho raised its price target for AFRM from $30 to $65, which Cramer believes will attract retail traders aiming for a short squeeze.

Portfolio Pulse from Adam Eckert

December 20, 2023 | 8:53 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) saw a 2.8% increase during Wednesday's trading after announcing a collaboration with D3 Global for the .shib domain. Despite the news, SHIB's value remained relatively stable, continuing the sideways trend from the weekend's volatility. Technical analysis suggests SHIB may consolidate further before establishing a new trend, with key resistance at $0.00001081 and support at $0.00000966.

Portfolio Pulse from Melanie Schaffer

December 20, 2023 | 8:28 pm

ZIMV

JP Morgan analyst Robbie Marcus has maintained a Neutral rating on ZimVie (NASDAQ:ZIMV) and increased the price target from $10 to $16.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:27 pm

TXT

JP Morgan analyst Seth Seifman has maintained a Neutral rating on Textron (NYSE:TXT) and increased the price target from $84 to $85.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:25 pm

STLC

JP Morgan analyst Michael Glick has maintained an Overweight rating on Stelco Holdings and increased the price target from C$52 to C$60.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:24 pm

RGEN

JP Morgan analyst Tycho Peterson has maintained an Overweight rating on Repligen (NASDAQ:RGEN) and increased the price target from $170 to $210. This adjustment reflects a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:19 pm

QGEN

JP Morgan analyst Tycho Peterson has reaffirmed an Overweight rating on Qiagen (NYSE:QGEN) and increased the price target from $45 to $50.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:17 pm

AFRM

WMT

Affirm Holdings Inc (NASDAQ:AFRM) shares have risen following the extension of its partnership with Walmart Inc (NYSE:WMT). Mizuho Securities analyst Dan Dolev maintains a bullish stance on Affirm, predicting its evolution into a comprehensive financial services firm. Dolev maintains a Buy rating and raises the price target from $30 to $65, anticipating a significant increase in GMV by fiscal 2026 due to the Affirm Card and higher GMV per user for direct deposit users. Despite the positive outlook, Affirm's shares were down 6.15% at the time of the report.

Portfolio Pulse from Priya Nigam

December 20, 2023 | 8:17 pm