Streetbeat News

Price Targets

YOU

Clear Secure (NYSE:YOU) received mixed analyst ratings in the latest quarter, with 3 bullish and 1 somewhat bearish. The average 12-month price target is $27.75, up from $24.00, with a high estimate of $40.00 and a low of $20.00. Analysts from Wells Fargo, Needham, and Goldman Sachs provided recent evaluations, with Goldman Sachs raising its target from $24.00 to $27.00. Clear Secure has shown strong financial health with a 38.36% revenue growth rate, a net margin of 9.57%, an ROE of 5.65%, an ROA of 1.43%, and a low debt-to-equity ratio of 0.47.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 12:00 pm

MGNX

Four analysts have recently updated their ratings on Macrogenics (NASDAQ:MGNX), with all maintaining a bullish stance. The average 12-month price target is now $13.5, up from the previous $10.50, indicating a potential increase of 28.57%. Citigroup raised its target from $7.00 to $13.00, HC Wainwright & Co. lowered theirs from $14.00 to $12.00, while Stifel and Guggenheim set targets at $17.00 and $12.00, respectively. Macrogenics, a biotech company, has seen a significant revenue decline of -75.09% over the past 3 months but boasts a high net margin of 168.84% and strong ROE and ROA figures. The company has a low debt-to-equity ratio of 0.18.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 12:00 pm

TFX

Teleflex (NYSE:TFX), a medical device manufacturer, has been the subject of varying analyst opinions over the past three months. Seven analysts have provided ratings, with five being somewhat bullish and two indifferent. The average 12-month price target for TFX has increased by 10.17% to $260.00, with a high estimate of $315.00 and a low of $221.00. Analysts have adjusted their ratings and price targets, reflecting their response to Teleflex's recent developments. The company has shown positive revenue growth but trails the industry average, has a high net margin, and a lower than average ROE and debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 12:00 pm

DFS

Citigroup analyst Arren Cyganovich upgraded Discover Financial Services (NYSE:DFS) from Neutral to Buy and increased the price target from $93 to $133.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 12:00 pm

CM

National Bank Financial Inc analyst Gabriel Dechaine upgraded Canadian Imperial Bank (TSX:CM) from Sector Perform to Sector Outperform and increased the price target from C$62 to C$71.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 11:58 am

FDS

Stifel analyst Shlomo Rosenbaum has maintained a Hold rating on FactSet Research Systems (NYSE:FDS) and increased the price target from $436 to $469.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 11:54 am

FDX

JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on FedEx (NYSE:FDX) but has lowered the price target from $322 to $305.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 11:49 am

BTC-USD

DOGE-USD

Cryptocurrency analyst Crypto Tony predicted a rally for Dogecoin (DOGE) if it surpasses the $0.106 level. Dogecoin whales have been active, with significant transfers to Coinbase. Galaxy Research suggests DOGE is making a comeback, up 77% from June lows but down 86% from peak highs. Analyst Ali Martinez sees $0.095 as strong support, with potential for DOGE to reach $0.14. Currently, DOGE is trading at $0.90, up 2.60% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

December 20, 2023 | 11:49 am

STGW

Needham analyst Laura Martin has reaffirmed a Buy rating on Stagwell (NASDAQ:STGW) and increased the price target from $6 to $7.5.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 11:43 am

OB

Needham analyst Laura Martin has reiterated a Buy rating on Outbrain (NASDAQ:OB) and maintained a price target of $6.5.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 11:40 am