Streetbeat News

Price Targets

DEI

Piper Sandler analyst Alexander Goldfarb has maintained a Neutral rating on Douglas Emmett (NYSE:DEI) and increased the price target from $13 to $17. This adjustment reflects a more positive outlook on the company's stock value.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 6:56 pm

BXP

Piper Sandler analyst Alexander Goldfarb has maintained a Neutral rating on Boston Properties (BXP) and increased the price target from $60 to $77.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 6:53 pm

SPG

Piper Sandler analyst Alexander Goldfarb has maintained an Overweight rating on Simon Property Group (NYSE:SPG) and increased the price target from $148 to $172.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 6:34 pm

KIM

Piper Sandler analyst Alexander Goldfarb has maintained an Overweight rating on Kimco Realty (NYSE:KIM) and increased the price target from $24 to $26.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 6:32 pm

SITC

Piper Sandler analyst Alexander Goldfarb has maintained an Overweight rating on SITE Centers (NYSE:SITC) but reduced the price target from $17 to $16.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 6:25 pm

MAC

Piper Sandler analyst Alexander Goldfarb has maintained a Neutral rating on Macerich (NYSE:MAC) and increased the price target from $12 to $17.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 6:01 pm

FRT

Federal Realty Investment (NYSE:FRT) has been reviewed by 4 analysts in the last three months, with mixed opinions ranging from bullish to bearish. The average 12-month price target is $106.25, slightly up from the previous $106.00. Analysts from Piper Sandler and Evercore ISI Group have raised their price targets, while those from Mizuho and Wells Fargo have lowered theirs. Federal Realty Investment Trust owns a portfolio of high-quality retail properties and has shown solid revenue growth and profitability with a net margin of 19.2% and ROE of 2.02%. However, its revenue growth lags behind industry peers.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 6:01 pm

OWL

Blue Owl Capital Inc (NYSE:OWL) has been analyzed by four analysts, with mixed opinions ranging from bullish to indifferent. The average 12-month price target is now $15.5, up 8.16% from the previous $14.33. Analysts from Piper Sandler, Evercore ISI Group, UBS, and Citigroup have provided updates on their ratings and price targets. Blue Owl Capital, an alternative asset management firm, shows a positive revenue trend with a growth rate of 15.81% as of September 30, 2023, but lags in net margin, ROE, and ROA compared to industry averages. The company has a prudent debt management with a debt-to-equity ratio of 1.33.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 6:01 pm

HPP

Analysts have mixed views on Hudson Pacific Properties (NYSE:HPP), with 8 ratings over the past 3 months. The average 12-month price target is $8.56, up from $8.12, with a high of $11.00 and a low of $6.25. Analysts from firms like Piper Sandler, BMO Capital, Goldman Sachs, Mizuho, Wedbush, and BTIG have updated their ratings and price targets, reflecting changes in market conditions and company performance. Hudson Pacific Properties is a REIT focusing on office and entertainment properties on the West Coast. Despite a market cap below industry average and a revenue decline of -11.1%, the company has a high net margin of -16.24%, ROE of -1.36%, and ROA of -0.42%, but carries a high debt-to-equity ratio of 1.77.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 6:00 pm

COST

Costco Wholesale (NASDAQ:COST) has been the subject of 37 analyst ratings over the past quarter, with opinions ranging from bullish to bearish. The average 12-month price target for COST is $621.95, with a high estimate of $725.00 and a low of $502.00, marking a 5.73% increase from the previous average target of $588.27. Analysts have made various adjustments to their ratings and price targets, with the majority raising their targets. Costco's market capitalization is above industry averages, but it has seen a -26.78% decline in revenue growth over the past 3 months. Despite this, the company maintains strong profitability indicators such as a net margin of 2.75%, ROE of 6.21%, and ROA of 2.23%, with a conservative debt-to-equity ratio of 0.36.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 6:00 pm