Streetbeat News

Price Targets

EXPE

Oppenheimer analyst Jed Kelly maintains an Outperform rating on Expedia Group Inc (EXPE) and raises the price target from $135 to $175. Kelly predicts a 10% and 8% year-over-year increase in lodging bookings for FY24 and FY25, respectively. He highlights potential growth from tech migration, re-entering European markets, and advertising leverage. The analyst expects tech efficiencies, AI integration in customer service, and a significant stock repurchase program. He forecasts a 13% EBITDA CAGR from FY23E-FY25E, with 9% revenue growth and expanding gross margins. EXPE shares rose 2.69% to $149.41.

Portfolio Pulse from Shivani Kumaresan

December 11, 2023 | 7:31 pm

NVT

nVent Electric (NYSE:NVT) has received 4 analyst ratings in the last quarter, with 2 bullish and 2 somewhat bullish, and none indifferent, somewhat bearish, or bearish. The 12-month price targets for NVT have an average of $62.00, with a high of $65.00 and a low of $57.00. This average price target remains unchanged from the previous period. Analyst ratings are opinions based on financial analysis and are not guarantees of performance.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 7:00 pm

GE

Over the past quarter, General Electric (NYSE:GE) received 4 analyst ratings, with 2 being bullish and 2 somewhat bullish. There were no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for GE is $138.25, with a high of $148.00 and a low of $131.00. This target has increased by 4.73% from the previous target of $132.00. Analyst ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 7:00 pm

PCTY

Over the last three months, 10 Wall Street analysts have provided ratings for Paylocity Holding (NASDAQ:PCTY), with an average 12-month price target of $207.5, a decrease of 17.74% from the previous target of $252.25. The ratings include 1 bullish, 5 somewhat bullish, and 4 indifferent, with no bearish or somewhat bearish ratings. The high price target is $250.00 and the low is $160.00.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 7:00 pm

TT

Trane Technologies (NYSE:TT) has received mixed analyst ratings in the last quarter, with 2 bullish, 2 somewhat bullish, 7 indifferent, and 3 somewhat bearish ratings. No bearish ratings were reported. The average 12-month price target for TT is $220.21, with a high of $269.00 and a low of $190.00. This target has increased by 3.14% over the past month. Analyst ratings are opinions based on various financial analyses and are meant to guide investors.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 7:00 pm

MRO

Over the past 3 months, 11 Wall Street analysts have provided ratings for Marathon Oil (NYSE:MRO), with 6 bullish, 3 somewhat bullish, and 2 indifferent. The average 12-month price target for MRO is $33.14, with a high of $45.00 and a low of $25.00. This target has increased by 2.98% from the previous target of $32.18. Analyst ratings are based on company data, financial statements, and insider information.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 7:00 pm

EXPE

Expedia Group (NASDAQ:EXPE) received 5 analyst ratings in the last quarter, with 3 somewhat bullish and 2 indifferent, and no bearish ratings. The average 12-month price target for EXPE is $152.00, with a high of $200.00 and a low of $115.00. This target has increased by 21.21% over the past month. Analyst ratings are based on information from company calls, financial statements, and insider conversations.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 7:00 pm

JBHT

BMO Capital Markets analyst Fadi Chamoun upgraded J.B. Hunt Transport Services Inc (NASDAQ:JBHT) from Market Perform to Outperform and increased the price target from $200 to $220. The upgrade is based on the revival of rail service, which is expected to support volume growth in 2024. The analyst notes that rail industry volumes have lagged behind industrial production, and with improvements in rail service, JBHT is well-positioned to capture growth, especially in intermodal volumes. JBHT's partnership with BNSF is highlighted as a key factor for potential growth. JBHT's stock rose 2.24% to $190.79 following the upgrade.

Portfolio Pulse from Shivani Kumaresan

December 11, 2023 | 6:07 pm

NYXH

Over the past 3 months, 4 Wall Street analysts have provided ratings for Nyxoah (NASDAQ:NYXH), with 2 giving a bullish and 2 somewhat bullish outlook. The average price target is $11.5, representing significant upside from the current price of $4.75. This target is an 8.0% decrease from the previous target of $12.50. Analyst ratings are based on company data, financial statements, and insider information, and are intended to predict stock performance.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm

PENN

PENN Entertainment (NASDAQ:PENN) received 9 analyst ratings in the last quarter, with 4 bullish and 5 indifferent, none bearish. The average 12-month price target among these analysts is $27.89, with a high of $33.00 and a low of $22.00, representing a 6.0% decrease from the previous target of $29.67. Analysts rate stocks based on research and provide guidance on growth estimates, earnings, and revenue, but their ratings are opinions and should be considered as such by investors.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm