Streetbeat News

Price Targets

SAH

Morgan Stanley has upgraded Sonic Automotive (NYSE:SAH) from Underweight to Equal-Weight and increased the price target from $40 to $58.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:03 pm

PAG

Morgan Stanley has upgraded Penske Automotive Group (NYSE:PAG) from Underweight to Overweight, raising the price target from $115 to $180.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:01 pm

AA

Analysts have varied ratings for Alcoa (NYSE:AA), with recent assessments showing a mix of bullish and neutral sentiments. The average 12-month price target has increased by 2.5% to $41.45. Alcoa's financial metrics reveal challenges in profitability and asset utilization, with a high debt-to-equity ratio indicating financial risk.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:00 pm

ABG

Asbury Automotive Group (NYSE:ABG) has been analyzed by four analysts, showing a range of sentiments from indifferent to somewhat bearish. The average 12-month price target has increased by 12.93% to $227.75. Analysts have adjusted their ratings and price targets, reflecting their perceptions of Asbury's market position.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:00 pm

FL

Foot Locker shares declined after Baird reduced its price target from $35 to $27.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:59 pm

MGA

Morgan Stanley has downgraded Magna International from Overweight to Equal-Weight and reduced its price target from $55 to $43.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:58 pm

LAD

Morgan Stanley analyst Adam Jonas has upgraded Lithia Motors (NYSE:LAD) from Underweight to Equal-Weight and increased the price target from $225 to $310.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:56 pm

PRGS

Progress Software shares are trading higher due to Oppenheimer's increased price target from $66 to $70, alongside strong Q3 earnings and guidance.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:49 pm

GPI

Morgan Stanley has upgraded Group 1 Automotive (NYSE:GPI) from Equal-Weight to Overweight, raising the price target from $285 to $430.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:48 pm

NOW

The options market shows a bullish sentiment towards ServiceNow (NYSE:NOW), with 64% of traders favoring calls over puts. The price target is between $600 and $920, with significant trading activity in this range. Despite a recent 3.35% price drop, the consensus target price remains at $900. An analyst from Needham has lowered the rating to Buy with a $900 target.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 1:46 pm