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Analyst Ratings

GBX

The Greenbrier Companies, Inc. (NYSE:GBX) is anticipated to report lower earnings for Q2, with expectations set at 86 cents per share compared to 99 cents in the previous year. Revenue is projected at $843.28 million. Despite a positive performance in Q1, GBX shares dropped 3.8% recently. Analysts from B of A Securities, Wells Fargo, and Stephens & Co. have provided varied ratings and price targets for GBX, reflecting differing outlooks on the company's future performance.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 4:50 am

BTCUSD

DOGEUSD

ETHUSD

Despite hawkish comments from Minneapolis Fed President Neel Kashkari, major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin surged. Kashkari's remarks led to a downturn in stocks, marking the Dow Jones Industrial Average's most significant decline since March 2023. Cryptocurrency analysts predict a potential bullish trend for Bitcoin, with the upcoming halving event and several critical indicators aligning, suggesting a possible significant breakout.

Portfolio Pulse from Mehab Qureshi

April 05, 2024 | 4:15 am

BTCUSD

Crypto analyst Lark Davis predicts a bullish 2024 for Bitcoin, attributing the potential upswing to the U.S. elections and expected Federal Reserve interest rate cuts. He cites historical stock market performance during election years and Goldman Sachs's prediction of three rate cuts in 2024 as factors that will drive capital into crypto assets. Despite recent market turbulence, Davis's forecast suggests a positive outlook for Bitcoin.

Portfolio Pulse from Benzinga Neuro

April 05, 2024 | 2:34 am

ABAT

NEM

NEXA

RDUS

VALE

Radius Recycling reported a Q2 loss with challenges in recycled metal supplies and U.S. manufacturing. American Battery received a $40.5 million award for a new recycling facility. Nexa Resources priced a $600 million offering. Newmont saw mixed investor sentiment. Vale S.A. had its price target lowered by Deutsche Bank.

Portfolio Pulse from Austin DeNoce

April 04, 2024 | 9:01 pm

TRGP

Targa Resources (NYSE:TRGP) received mixed analyst ratings with an updated average 12-month price target of $115.78, reflecting a 9.11% increase from the previous target. The company faces financial challenges, including a -6.92% revenue decline and a high debt-to-equity ratio of 4.75, but maintains a strong ROE of 10.68%. Analysts from firms like Goldman Sachs and JP Morgan have raised their price targets, indicating a positive outlook despite the company's current financial difficulties.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 9:01 pm

AYI

Four analysts have recently updated their ratings on Acuity Brands (NYSE:AYI), showing a mix of somewhat bullish and indifferent stances. The average 12-month price target for AYI has been raised to $289.25, indicating an 18.91% increase from the previous target. This adjustment reflects analysts' positive reassessment of Acuity Brands' market position and financial performance, despite a revenue decline of -6.33% over the last three months. The company's strong net margin and ROE suggest effective cost management and financial health.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 9:01 pm

CDW

Analyst ratings for CDW (NASDAQ:CDW) show a mix of bullish and bearish perspectives with an average 12-month price target of $280.75, marking a 14.94% increase from the previous target. Recent actions by analysts from Citigroup, Evercore ISI Group, JP Morgan, and Barclays have raised their price targets and ratings, reflecting a positive outlook on CDW's performance. Despite a -7.72% decline in revenue growth for the last quarter of 2023, CDW demonstrates strong financial health with impressive net margin, ROE, and ROA, albeit with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 9:01 pm

WAT

Waters Corporation (NYSE:WAT) has been evaluated by 4 analysts over the last three months, showing a shift towards a more cautious stance with 2 indifferent and 2 somewhat bearish ratings. The average 12-month price target for WAT has increased by 11.66% to $311.25. Despite facing a revenue decline of -4.55% as of December 31, 2023, Waters maintains a strong financial health with a net margin of 26.38% and an ROE of 21.03%. However, its high debt-to-equity ratio of 2.12 poses a challenge.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 9:00 pm

JPM

JPMorgan Chase (NYSE:JPM) has been evaluated by 12 analysts over the last three months, showing a shift towards a more bullish sentiment. The average 12-month price target for JPM has increased to $208.67, up from $200.50, with recent analyst actions including ratings adjustments and target changes. JPMorgan Chase, a leading financial institution with nearly $3.9 trillion in assets, has shown notable revenue growth and financial performance, including an 11.85% revenue growth rate and a net margin of 22.98%.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 9:00 pm

PGR

Deep-pocketed investors have shown a bullish sentiment towards Progressive (NYSE:PGR), with options activity indicating a target price range of $195.0 to $310.0. The analysis of options over the last 3 months reveals a mix of bullish and bearish sentiments, with a majority leaning bullish. Notable options activity includes both calls and puts with significant total trade prices. Progressive, a major auto insurer, is currently trading at $209.24, down by -0.73%, with an anticipated earnings release in 11 days. Analyst ratings for PGR vary, with a consensus target price of $219.8.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 8:45 pm