Streetbeat News

Price Targets

ENOV

Canaccord Genuity analyst Kyle Rose has maintained a Buy rating on Enovis (NYSE:ENOV) and increased the price target from $65 to $71.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:08 pm

HAYW

Hayward Holdings (NYSE:HAYW) has received mixed analyst ratings in the last three months, with 5 analysts offering views ranging from bullish to bearish. The average 12-month price target is $13.7, with a high of $16.00 and a low of $12.00, marking a 6.8% decrease from the previous average. Analysts from Stifel and Keybanc have raised and lowered their ratings and price targets, respectively, while Goldman Sachs' Brian Lee has lowered his price target twice. Hayward Holdings, a manufacturer of swimming pool equipment, reported a revenue decline of -10.18% for the quarter ending September 30, 2023, and has financial metrics below industry averages, including a net margin of 5.35%, ROE of 0.92%, and ROA of 0.41%.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 1:01 pm

Zoom Video Comms (NASDAQ:ZM) has been analyzed by 14 analysts, showing a range of opinions. The average 12-month price target is $78.79, up from $77.00, with high and low estimates of $95.00 and $66.00, respectively. Analysts have made various rating changes, with some maintaining their positions and others lowering price targets. Zoom's financials show strong revenue growth and net margin, but below-average ROE. The company's debt-to-equity ratio is low, indicating minimal reliance on debt financing.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 1:00 pm

STGW

Stagwell (NASDAQ:STGW) has been evaluated by 8 analysts over the last three months, with 7 bullish and 1 indifferent rating. The average 12-month price target is $7.19, with a high of $8.00 and a low of $6.00, marking a 17.07% decrease in the average target. Analysts from firms including Needham, Goldman Sachs, Benchmark, Morgan Stanley, and Craig-Hallum have adjusted their ratings and price targets. Stagwell's financial performance shows a revenue decline of -6.96%, a net margin of 0.11%, ROE of 0.21%, ROA of 0.02%, and a high debt-to-equity ratio of 5.55.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 1:00 pm

UTI

Universal Technical (NYSE:UTI) has been evaluated by 5 analysts over the last three months, with 4 bullish and 1 somewhat bullish ratings. The average 12-month price target is $13.6, up from $10.33, with a high estimate of $15.00 and a low of $11.00. Analysts from Rosenblatt and Barrington Research have raised their price targets, while B. Riley Securities maintains a 'Buy' rating. Universal Technical Institute Inc is an educational institution with strong financial performance, including a 53.92% revenue growth rate and a net margin of 1.99%. However, the company has a high debt-to-equity ratio of 1.55.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 1:00 pm

TEX

Analysts have recently updated their ratings and price targets for Terex (NYSE:TEX), with 7 analysts offering views ranging from bullish to bearish. Over the past three months, sentiments have shifted, with the current average 12-month price target at $60.57, down from the previous $67.71. Analysts from firms including Jefferies, UBS, Goldman Sachs, Barclays, JP Morgan, and Citigroup have lowered their price targets, reflecting changes in market dynamics and company performance. Terex has shown strong financial performance with solid revenue growth, high net margin, and impressive ROE and ROA, while maintaining a balanced debt approach.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 1:00 pm

COST

Northcoast Research analyst Chuck Cerankosky has downgraded Costco Wholesale (NASDAQ:COST) from Buy to Neutral and set a price target of $620.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 12:58 pm

CNK

Wells Fargo analyst Steven Cahall has downgraded Cinemark Holdings (CNK) from Equal-Weight to Underweight and reduced the price target from $16 to $13.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 12:54 pm

SOND

Citigroup analyst Ronald Josey downgraded Sonder Holdings (NASDAQ:SOND) from Buy to Neutral and set a price target of $4. The downgrade reflects a more cautious stance on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 12:52 pm

CPNG

ENS

FDX

LOW

MARA

MGNX

MRTX

NMRK

PARA

TFX

Wall Street analysts have updated their price targets and ratings for several US-listed companies. Teleflex's target was raised by Raymond James, while Citigroup upgraded MacroGenics and increased its target. Stifel downgraded Lowe's but raised its target slightly. Wells Fargo upgraded Paramount Global and increased its target. Piper Sandler upgraded Newmark Group and raised its target. Citigroup downgraded Mirati Therapeutics but raised its target. HC Wainwright raised Marathon Digital's target and maintained a Buy rating. UBS downgraded Coupang and cut its target. Barclays lowered FedEx's target but kept an Overweight rating. Oppenheimer raised EnerSys's target and maintained an Outperform rating.

Portfolio Pulse from Avi Kapoor

December 20, 2023 | 12:50 pm