Streetbeat News

Price Targets

AVDX

FI

FLT

HG

IIIV

RELY

RPAY

WU

BMO Capital Markets analyst Rufus Hone initiated coverage on several fintech stocks with diverse ratings and price targets. Market Perform ratings were given to Repay Holdings Corp (RPAY), Remitly Global Inc (RELY), The Western Union Co (WU), AvidXchange Holdings Inc (AVDX), and i3 Verticals Inc (IIIV). Outperform ratings were assigned to Hamilton Insurance Group Ltd (HG), Fleetcor Technologies Inc (FLT), and Fiserv Inc (FI). The analysis included concerns about revenue growth, marketing investments, and competitive advantages, along with Core EPS estimates for FY23, FY24, and FY25.

Portfolio Pulse from Lekha Gupta

December 05, 2023 | 7:20 pm

CRSP

CRISPR Therapeutics (NASDAQ:CRSP) received 7 analyst ratings in the last quarter with an average price target of $72.71, representing an upside from the current price of $70.7. The average price target has increased by 17.27% from the previous target of $62.00. The ratings included 4 bullish, 1 somewhat bullish, 1 indifferent, and 1 somewhat bearish, with no bearish ratings.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 7:00 pm

RH

Over the past 3 months, 8 Wall Street analysts have provided ratings for RH (NYSE:RH), with 1 bullish, 2 somewhat bullish, and 5 indifferent. The average 12-month price target among these analysts is $347.5, with a high of $440.00 and a low of $260.00. This target has decreased by 4.23% from the previous average of $362.86. Analysts' ratings are based on company data, financial statements, and insider information.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 7:00 pm

SAIC

Over the past 3 months, 4 Wall Street analysts have provided their opinions on Science Applications Intl (NYSE:SAIC), with all 4 being indifferent on the stock's outlook. The average 12-month price target for SAIC is $132.00, with a high of $142.00 and a low of $115.00. This target has increased by 9.7% from the previous average of $120.33. Analysts rate stocks typically once a quarter and may provide forecasts on earnings, revenue, and growth, but their predictions are not guarantees.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 7:00 pm

AVB

CCI

FR

HPP

REG

RLJ

Analysts have recently upgraded REITs across various subsectors, indicating a positive outlook for the real estate market. First Industrial Realty Trust (FR) was upgraded by Mizuho with a new price target suggesting an 11% gain. Hudson Pacific Properties (HPP) was upgraded by Goldman Sachs to Neutral, surpassing its price target. Regency Centers Corp (REG) received an upgrade from Compass Point with a 10.5% potential gain. AvalonBay Communities (AVB) was upgraded by JPMorgan to Neutral with a 9.1% potential gain. RLJ Lodging Trust (RLJ) was upgraded by Oppenheimer to Outperform with a 17.9% potential gain. Crown Castle Inc. (CCI) saw a share price surge after Elliott Investment Management's call for changes, and was upgraded by Wells Fargo to Equal-Weight with a new price target.

Portfolio Pulse from Ethan Roberts

December 05, 2023 | 6:11 pm

CHWY

BofA analyst Curtis Nagle maintained an Underperform rating on Chewy, Inc (CHWY) with a price target of $16. Nagle's projections for Chewy's 3Q23 earnings are slightly above consensus for revenue but below for EBITDA. He reduced 4Q estimates based on weak credit and debit card data and expects customer net adds to remain negative. Long-term growth is anticipated from industry trends, fulfillment investments, and pet health segment expansion. However, near-term expectations are cautious with no significant new revenue drivers or cost reductions foreseen. The company's focus on Pet Health is expected to be a key topic at the upcoming Investor Day. CHWY shares have dropped 48.1% year-to-date and were down 1.74% at last check.

Portfolio Pulse from Anusuya Lahiri

December 05, 2023 | 6:03 pm

H

Hyatt Hotels (NYSE:H) has received 6 analyst ratings in the last quarter, with 2 bullish, 3 somewhat bullish, and 1 indifferent. The average 12-month price target among these analysts is $134.17, with a high of $146.00 and a low of $115.00. This target has slightly decreased by 0.33% from the previous average of $134.62. Analyst ratings are based on information from company events, financial statements, and insider conversations, and they provide guidance on stock performance though they are subjective opinions.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

CLF

Over the past 3 months, 5 analysts have provided their ratings on Cleveland-Cliffs (NYSE:CLF), with an average price target of $20.39, which is higher than the current price of $17.7525. The ratings include 3 bullish, 1 somewhat bullish, and 1 bearish. The current average price target has increased by 1.39% from the previous target of $20.11.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

MA

Mastercard (NYSE:MA) has received 15 analyst ratings in the last quarter, with an average price target of $456.27, representing an upside from the current price of $407.08. The majority of analysts are bullish or somewhat bullish, with no bearish or somewhat bearish ratings. The current average price target has slightly decreased by 0.7% from the previous target of $459.50. Analyst ratings are based on information from company reports, financial statements, and insider conversations, and are intended to guide investors, though they are subjective opinions.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

FLYW

Flywire (NASDAQ:FLYW) has received 12 analyst ratings in the last quarter, with an average price target of $35.67, representing an upside from the current price of $23.59. The average price target has decreased by 6.13% from the previous target of $38.00. The ratings include 6 bullish, 5 somewhat bullish, and 1 indifferent, with no bearish ratings. Analysts typically review stocks quarterly or after major company updates, considering financial performance and market risks.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm