Últimas noticias sobre GATX (NYSE:GATX) Bolsa

GATX

GATX Corp is a provider of railcar leasing and maintenance services. GATX operates four business segments: rail North America, rail international, and portfolio management. The rail business offers railcar leasing and maintenance, as well as asset-related, financial, and management services. The company owns and leases fleets in North America, Europe, and Asia, which consist of tank and freight railcars. Industries served include refining and petroleum, chemicals and plastics, railroads and other transportation, mining, and food and agriculture.

GATX Corp

Craig-Hallum analyst George Sutton maintains Hut 8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) with a Buy and raises the price target from $15 to $32.

News

Price Target

Analyst Ratings

Craig-Hallum Maintains Buy on Hut 8, Raises Price Target to $32

WIIM

SPIR

Spire Global shares are trading higher after Craig-Hallum upgraded the stock from Hold to Buy and raised its price target from $8 to $20. Also, Baird raised its price target from $9 to $16.

PDSB

PDS Biotechnology shares are trading lower after the company reported worse-than-expected Q3 financial results.

<a href="https://www.barrons.com/articles/citigroups-probe-russian-oligarch-kerimov-c10cfa2e">https://www.barrons.com/articles/citigroups-probe-russian-oligarch-kerimov-c10cfa2e</a>
<a href="https://www.barrons.com/market-data/stocks/c?mod=article_chiclet">Citigroup</a> is being investigated by several U.S. agencies for the work it has done for a trust that holds the assets of Suleiman Abusaidovich Kerimov, a Russian official sanctioned by the U.S. government, as federal officials continue to scrutinize how Russia's oligarchs store and access their assets abroad.
The Department of Justice, the Federal Bureau of Investigation, and the Internal Revenue Service have been investigating the matter for more than a year, a person with knowledge of the situation said.
The probe centers on <a href="https://www.barrons.com/market-data/stocks/c?mod=article_chiclet">Citigroup</a>
<a href="https://www.barrons.com/market-data/stocks/c?mod=article_chiclet">C</a>
<a href="https://www.barrons.com/market-data/stocks/c?mod=article_chiclet">-0.91%</a>
providing services to Heritage Trust, which held the assets of <a href="https://www.wsj.com/articles/u-s-targets-russian-oligarchs-in-new-sanctions-1523018826?mod=article_inline">Kerimov</a>, an ally of Russian President Vladimir Putin who made his fortune in the Russian gold mining industry. The U.S. government has <a href="https://home.treasury.gov/news/press-releases/jy0841">said</a> the trust was formed seven years ago to hold and manage Kerimov's U.S.-based assets.
&nbsp;
The probe also focuses on Citi's financial compliance framework, such as the anti-money-laundering and client-vetting processes designed to prevent financial crimes. While Citi's trust business still has the Heritage Trust account on its books, the bank cannot administer it as a typical trust—by distributing or accepting funds—while it is blocked by the Treasury Department.
"Citi is committed to conducting all business with the highest consideration for compliance with all applicable laws and regulations," the Citi spokesperson said in a statement to Barron's. "At the same time, we are actively ending nearly all of our institutional banking business in Russia, except for those operations necessary to fulfill remaining legal and regulatory obligations, while we proceed with the closing of our Russian consumer banking business."
Kerimov and his representatives were unable to be reached by Barron's. The Justice Department declined to comment. The IRS and FBI didn't provide comment. Clifford Chance, the law firm Citi hired as outside counsel, declined to comment.
Kerimov is the world's 293rd-richest person, according to the 500-person <a href="https://www.bloomberg.com/billionaires/profiles/suleiman-a-kerimov/">Bloomberg Billionaires Index</a>, with a net worth of nearly $10 billion. The U.S. said it <a href="https://home.treasury.gov/news/press-releases/sm0338">imposed sanctions</a> on Kerimov in 2018 for being an official of the Government of the Russian Federation. Kerimov was also sanctioned by the European Union, Japan, and other countries.
Two years ago the Treasury Department <a href="https://home.treasury.gov/news/press-releases/jy0841">blocked</a> Kerimov from accessing Heritage Trust, which held $1 billion as of June 2022, as part of an investigation into the oligarch's "use of a network of relatives, advisors, and opaque legal entities to invest in the United States." That year, the Justice Department ordered the <a href="https://www.justice.gov/opa/pr/300-million-yacht-sanctioned-russian-oligarch-suleiman-kerimov-seized-fiji-request-united">seizure</a> of a superyacht that it alleged was owned by Kerimov and subject to forfeiture over probable cause of U.S. law violations, including money laundering and conspiracy.
Citi offers trust and wealth planning services to rich clients through its private bank, which is part of the wealth management division. The bank is in the process of <a href="https://www.barrons.com/articles/citigroup-sale-trust-unit-jtc-0bbf04e1?mod=article_inline">selling its trust unit</a> to JTC, a firm based on the English Channel island of Jersey that has expanded in the U.S. through acquisitions, for $80 million. Citi's wealth arm manages $580 billion of investment assets. JTC declined to comment.
Citi is facing federal scrutiny over issues with its internal controls. The Office of the Comptroller of the Currency and the Federal Reserve <a href="https://www.barrons.com/articles/bank-regulators-fine-citi-e3b08ee6?mod=article_inline">fined Citi in July</a> after the regulators found the bank hadn't made enough progress in remedying four-year-old consent orders tied to insufficient risk management oversight.
Chief Executive Officer Jane Fraser said in July that "despite making good progress in simplifying our firm" and addressing the consent orders, "there are areas where we have not made progress quickly enough, such as in our data quality management." The bank has "intensified our focus and increased our investment in those areas over the last several months," she said.
Under Fraser, who has led the fourth-largest U.S. lender since March 2021, Citi is aiming to engineer a turnaround after years of problems with financial regulators, poor returns, and high-profile missteps.
Until the Treasury Department prevented Kerimov from accessing Heritage Trust in 2022, Kerimov used "a complex series of legal structures to continue to retain an interest in, and benefit from, his over $1 billion in assets in the United States," said Andrea Gacki, director of the Treasury's Financial Crimes Enforcement bureau, in a <a href="https://www.fincen.gov/news/speeches/prepared-remarks-fincen-director-andrea-gacki-during-beneficial-ownership-1">speech</a> this past August.
"These funds were invested in large public and private U.S. companies and managed by a series of U.S. investment firms and facilitators," Gacki said. "Along the way, Kerimov and his proxies used various layers of shell companies, including [limited liability companies], to conceal his interest."
The probe of the bank and Kerimov comes as the U.S. government continues to <a href="https://www.wsj.com/articles/prosecutors-targeting-russian-oligarchs-shift-focus-to-service-providers-that-support-them-11669767556?mod=article_inline">investigate the ecosystem of service providers</a>, including financial firms, that the government alleges enable Russian oligarchs to move their money and evade sanctions. In March 2022, following Russia's invasion of Ukraine, the Justice Department formed a task force with other U.S. agencies, including the FBI and the IRS, to enforce sanctions and take action against Russian oligarchs.

Global

'Citigroup's Ties To Russian Oligarch Kerimov Draw Federal Scrutiny' - Barron's

RBC Capital analyst Brian Abrahams maintains Incyte (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INCY#NASDAQ">INCY</a>) with a Sector Perform and raises the price target from $72 to $80.

INCY

RBC Capital Maintains Sector Perform on Incyte, Raises Price Target to $80

Turning Point Brands shares are trading higher after the company announced a joint venture with the Tucker Carlson Network. Also, Oppenheimer initiated coverage on the stock with an Outperform rating and announced a price target of $65.

Craig-Hallum analyst Greg Palm maintains Stratasys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSYS#NASDAQ">SSYS</a>) with a Buy and raises the price target from $12 to $15.

SSYS

Craig-Hallum Maintains Buy on Stratasys, Raises Price Target to $15

Trading Ideas

GORV

Lazydays Holdings Shares Resume Trade Then Again Halt On Circuit Breaker To The Downside, Stock Now up 70.7%

RBC Capital analyst Ken Herbert reiterates Loar Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOAR#NYSE">LOAR</a>) with a Outperform and maintains $100 price target.

Reiteration

LOAR

RBC Capital Reiterates Outperform on Loar Holdings, Maintains $100 Price Target

APEI

American Public Education shares are trading lower. Truist Securities maintained a Hold rating on the stock.

RBC Capital analyst Daniel Perlin reiterates Mastercard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) with a Outperform and maintains $572 price target.

RBC Capital Reiterates Outperform on Mastercard, Maintains $572 Price Target

DTST

Data Storage shares are trading lower after the company reported worse-than-expected Q3 financial results.

B of A Securities analyst Peter Henderson maintains Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a Buy and raises the price target from $125 to $149.

B of A Securities Maintains Buy on Live Nation Entertainment, Raises Price Target to $149

Joe Moglia, former CEO of TD Ameritrade, on Thursday asserted that Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is a permanent fixture in the financial landscape, with substantial <a href="https://www.benzinga.com/money/bitcoin-price-prediction">growth prospects ahead</a>.
What Happened: Speaking with CNBC, Moglia <a href="https://www.cnbc.com/video/2024/11/13/fmr-td-ameritrade-ceo-joe-moglia-bitcoin-is-here-to-stay-will-have-significant-growth-ahead-of-it.html">emphasized </a>that while several years ago the concept of cryptocurrency was widely dismissed by traditional finance, the current sentiment reflects a remarkable shift.
"Bitcoin is legitimately here to stay," Moglia said. &#8220;I think it's going to have significant growth ahead of it.&#8221;
Moglia also highlighted the pro-business stance expected from the new administration, which he believes will foster a friendlier environment for the cryptocurrency industry.
He pointed out that the regulatory shift <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41770352/bitcoins-future-under-president-elect-donald-trump-a-look-at-his-crypto-policies">under Trump's administration</a>, along with recent moves by prominent Wall Street institutions, signals that Bitcoin's role in finance is solidifying.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41973094/elon-musk-says-excess-government-spending-causes-inflation-as-donald-trump-fills-administration-with-cryptocurrency-advocates">Elon Musk Says Excess Government Spending &#8216;Causes Inflation&#8217; As Donald Trump Fills Administration With Cryptocurrency Advocates</a>
"Trump wasn't a big fan of Bitcoin before," Moglia noted, "but now he's Mr. Bitcoin," referring to Trump's stance on creating a U.S. strategic Bitcoin reserve and fostering cryptocurrency innovation.
The recent turn of events under the Trump administration, with plans to lower taxes and deregulate sectors such as finance and cryptocurrency, is seen as a &#8220;home run&#8221; for Bitcoin and other major digital assets like Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>). 
The former TD Ameritrade CEO said that shifting views, even among critics such as <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40828224/jpmorgan-ceo-jamie-dimon-said-hed-fire-in-a-second-anyone-caught-trading-bitcoin-when-it-w">JPMorgan's Jamie Dimon</a>, underscore the growing acceptance of cryptocurrencies in mainstream finance.
Moglia's optimistic outlook aligns with the anticipated discussions at the upcoming Benzinga's <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19, where industry leaders will explore the latest trends, regulatory developments, and investment opportunities in the evolving crypto market.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41969740/bitcoin-stays-above-91000-but-one-technical-indicator-spells-trouble">Bitcoin Stays Above $91,000—But One Technical Indicator Spells Trouble</a></li>
</ul>
Image: Pexels

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$ETH

'Bitcoin Is Here To Stay, Poised For Significant Growth,' Says Former TD Ameritrade CEO Joe Moglia

BSGM

BioSig Technologies shares are trading higher after the company announced it regained Nasdaq compliance status regarding its minimum bid price rule.

B of A Securities analyst Mihir Bhatia maintains Rocket Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>) with a Underperform and raises the price target from $14 to $15.

B of A Securities Maintains Underperform on Rocket Companies, Raises Price Target to $15

RBC Capital analyst Luca Issi maintains MeiraGTx Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGTX#NASDAQ">MGTX</a>) with a Outperform and raises the price target from $9 to $11.

MGTX

RBC Capital Maintains Outperform on MeiraGTx Hldgs, Raises Price Target to $11

Across the recent three months, 13 analysts have shared their insights on Equity Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQR#NYSE">EQR</a>), expressing a variety of opinions spanning from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">10</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Equity Residential and provided 12-month price targets. The average target is $78.46, accompanied by a high estimate of $83.00 and a low estimate of $74.00. Marking an increase of 6.63%, the current average surpasses the previous average price target of $73.58. 
<img src="https://www.benzinga.com/files/images/story/2024/1731603666_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Equity Residential is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$78.00</td>
<td>$81.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$79.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Jeffrey Spector</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$82.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$81.00</td>
<td>$77.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$76.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Anthony Paolone</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$80.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Derek Johnston</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$83.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$75.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Julien Blouin</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Neutral</td>
<td>$81.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Lewis</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$77.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$74.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$77.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$77.00</td>
<td>$69.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Equity Residential. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Equity Residential compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Equity Residential's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Equity Residential's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/EQR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Equity Residential analyst ratings.</a>
<h2>Delving into Equity Residential's Background</h2>
Equity Residential owns a portfolio of 299 apartment communities with around 80,000 units and is developing three additional properties with 977 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
<h3>A Deep Dive into Equity Residential's Financials</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Positive Revenue Trend: Examining Equity Residential's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.35% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Equity Residential's net margin excels beyond industry benchmarks, reaching 19.12%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 1.31%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Equity Residential's ROA stands out, surpassing industry averages. With an impressive ROA of 0.7%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Equity Residential's debt-to-equity ratio is below the industry average at 0.8, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Basics of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings For Equity Residential

Atlassian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) has been analyzed by 19 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">10</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">7</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Atlassian, presenting an average target of $242.58, a high estimate of $300.00, and a low estimate of $200.00. This current average has increased by 16.07% from the previous average price target of $209.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1731603659_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Atlassian. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$300.00</td>
<td>$280.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$300.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Jason Celino</td>
<td>Keybanc</td>
<td>Announces</td>
<td>Overweight</td>
<td>$260.00</td>
<td>-</td>
</tr>
<tr>
<td>Adam Tindle</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$250.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Gregg Moskowitz</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$240.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Rob Owens</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$265.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Ittai Kidron</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$270.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Keith Bachman</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$255.00</td>
<td>$177.00</td>
</tr>
<tr>
<td>Nick Altmann</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$250.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Joel Fishbein</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$200.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Rob Oliver</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$200.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$280.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$255.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$205.00</td>
<td>$180.00</td>
</tr>
<tr>
<td>Gregg Moskowitz</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$200.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$224.00</td>
<td>$216.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$225.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Adam Tindle</td>
<td>Raymond James</td>
<td>Announces</td>
<td>Outperform</td>
<td>$200.00</td>
<td>-</td>
</tr>
<tr>
<td>Ittai Kidron</td>
<td>Oppenheimer</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$230.00</td>
<td>$230.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Atlassian. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Atlassian compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Atlassian's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Atlassian's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/TEAM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Atlassian analyst ratings.</a>
<h2>Unveiling the Story Behind Atlassian</h2>
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
<h3>Breaking Down Atlassian's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Positive Revenue Trend: Examining Atlassian's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 21.48% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Atlassian's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -10.42%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Atlassian's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -12.01%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Atlassian's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.43%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Atlassian's debt-to-equity ratio surpasses industry norms, standing at 1.21. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Significance of Analyst Ratings Explained</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

TEAM

A Closer Look at 19 Analyst Recommendations For Atlassian

During the last three months, 4 analysts shared their evaluations of Four Corners Prop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCPT#NYSE">FCPT</a>), revealing diverse outlooks from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $30.5, a high estimate of $33.00, and a low estimate of $28.00. This current average has increased by 12.96% from the previous average price target of $27.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1731603649_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Four Corners Prop. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Goldsmith</td>
<td>UBS</td>
<td>Announces</td>
<td>Buy</td>
<td>$33.00</td>
<td>-</td>
</tr>
<tr>
<td>Heather Bellini</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$32.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>RJ Milligan</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$29.00</td>
<td>$27.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Four Corners Prop. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Four Corners Prop compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Four Corners Prop's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FCPT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Four Corners Prop analyst ratings.</a>
<h2>Delving into Four Corners Prop's Background</h2>
Four Corners Property Trust Inc is a real estate investment trust predominantly engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates majority of the revenue from the real estate operations segment.
<h3>Financial Insights: Four Corners Prop</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Four Corners Prop's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 3.01%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Four Corners Prop's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 38.3% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Four Corners Prop's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.96%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.01%, the company showcases effective utilization of assets.
Debt Management: Four Corners Prop's debt-to-equity ratio is below the industry average. With a ratio of 0.84, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Breaking: Wall Street's Next Big Mover
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

FCPT

What Analysts Are Saying About Four Corners Prop Stock

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