Streetbeat News

Price Targets

FERG

Six analysts have recently rated Ferguson (NYSE:FERG), with 2 bullish and 4 somewhat bullish ratings. The average price target given is $181.5, which is above the current price of $174.01, indicating an implied upside. Over the past month, this target has increased by 6.39%. Analyst ratings are periodic evaluations from financial experts based on detailed research and are used by investors for guidance.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 3:00 pm

CAMT

Camtek (NASDAQ:CAMT) received 4 analyst ratings in the last quarter, with 3 being bullish and 1 indifferent. The average price target is $68.25, representing an upside from the current price of $62.62. This target has increased by 9.2% from the previous target of $62.50. Analyst ratings are opinions on stock performance and are updated quarterly.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 3:00 pm

RSG

In the last quarter, Republic Servs (NYSE:RSG) received 4 analyst ratings: 1 bullish and 3 somewhat bullish, with no indifferent, somewhat bearish, or bearish ratings. The 12-month price target for RSG averages $172.00, ranging from $161.00 to $180.00. This target has increased by 7.5% over the past month. Analyst ratings are opinions on stock performance and are updated quarterly.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 3:00 pm

RWT

Over the past 3 months, 4 Wall Street analysts have provided ratings for Redwood Trust (NYSE:RWT), with 3 being bullish and 1 somewhat bullish. There have been no bearish or somewhat bearish ratings. The average 12-month price target among these analysts is $8.88, which is a 1.33% decrease from the previous target of $9.00. The ratings suggest a positive outlook for RWT stock.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 3:00 pm

DVN

In the last quarter, 16 analysts have provided ratings for Devon Energy (NYSE:DVN), with 5 bullish, 3 somewhat bullish, and 8 indifferent. There were no somewhat bearish or bearish ratings. The average 12-month price target for DVN is $56.62, which is a 3.94% decrease from the previous target of $58.94. The ratings suggest a generally positive outlook from analysts, despite the lowered price target.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 3:00 pm

DVN

JP Morgan analyst Arun Jayaram has upgraded Devon Energy (NYSE:DVN) from Neutral to Overweight and increased the price target from $57 to $58. This reflects a positive outlook on the company's stock by the analyst.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:57 pm

OVV

JP Morgan analyst Arun Jayaram has upgraded Ovintiv (NYSE:OVV) from Neutral to Overweight, indicating a positive outlook on the stock. However, the price target has been reduced from $61 to $58, suggesting some caution in the expected price appreciation.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:54 pm

SWN

JP Morgan analyst Arun Jayaram has upgraded Southwestern Energy (NYSE:SWN) from Underweight to Neutral and increased the price target from $7 to $8.5.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:43 pm

SIG

Citigroup analyst Paul Lejuez has upgraded Signet Jewelers (NYSE:SIG) from Neutral to Buy and increased the price target from $93 to $119. This upgrade reflects a positive outlook on the company's stock, suggesting potential upside from its current trading level.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:42 pm

BOX

Box Inc (NYSE:BOX) stock fell after reporting Q3 results that missed estimates and issuing weak guidance. Q3 revenue was $261.54 million versus estimates of $263.69 million, and EPS was 36 cents compared to the expected 38 cents. Despite a year-over-year revenue increase of 5%, the company's Q4 and full-year revenue and earnings guidance fell short of analyst expectations. Keybanc, Morgan Stanley, and Raymond James analysts all lowered their price targets for Box following the earnings report.

Portfolio Pulse from Adam Eckert

December 06, 2023 | 2:39 pm