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WM

Waste Management (NYSE:WM) has been evaluated by 8 analysts in the last quarter, with 3 bullish, 2 somewhat bullish, and 3 indifferent ratings. The average 12-month price target is $177.62, with a high of $190.00 and a low of $163.00. Notably, the average price target increased by 2.75% in the past month. Analysts have adjusted their ratings and price targets based on recent developments, with most actions being raises. Waste Management is the largest integrated provider of traditional solid waste services in the U.S. Despite positive revenue growth and strong net margin, the company's debt management poses challenges with a higher than average debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 6:01 pm

AMGN

Amgen (NASDAQ:AMGN) received 18 analyst ratings in the last quarter, with an average 12-month price target of $293.06, a high of $326.00, and a low of $240.00. The ratings included 4 bullish, 6 somewhat bullish, and 8 indifferent, with no bearish ratings. Notably, the average price target increased by 5.07% over the past month. Analysts' actions included raising, maintaining, and lowering their stances, reflecting their views on Amgen's market position. Amgen's financial performance shows a revenue growth rate of 3.77%, a net margin of 25.06%, an ROE of 23.97%, and an ROA of 1.91%, but a high debt-to-equity ratio of 7.9.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 6:01 pm

TMUS

T-Mobile US (NASDAQ:TMUS) received 9 analyst ratings in the past quarter, with 5 bullish and 4 somewhat bullish, and none bearish. The average 12-month price target is $181.33, up 3.87% from the previous $174.57. Analysts from firms like Oppenheimer, UBS, and Wells Fargo have maintained or raised their price targets, reflecting a positive sentiment towards TMUS. The company's financial performance shows a negative revenue trend with a -1.16% growth, but a strong net margin of 11.13%. Its ROE and ROA are below industry averages, and it has a healthy debt-to-equity ratio of 1.7.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 6:01 pm

VMC

Vulcan Materials (NYSE:VMC) has received 4 analyst ratings in the last quarter, with 2 bullish and 2 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target is $251.00, with a high of $279.00 and a low of $225.00. The average price target has increased by 1.34% over the past month. Analysts from Stifel and Seaport Global have raised their price targets, while Raymond James has lowered theirs. Vulcan Materials is a leading producer of construction aggregates in the U.S. and has shown a revenue growth rate of 4.67% as of September 30, 2023, but faces challenges with net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 6:00 pm

NRBO

NeuroBo Pharmaceuticals announced a 1-for-8 reverse stock split, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 5:14 pm

CLAR

Warren B. Kanders has reported a 15.4% stake in Clarus Corporation as of December 18, 2023, according to an amended 13D filing with the SEC. The filing also detailed a definitive offer to purchase Clarus's Precision business, which includes Sierra Bullets and Barnes Bullets brands, for $160 million on a cash-free, debt-free basis.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 5:13 pm

BDRX

Biodexa Pharmaceuticals' stock is trading lower following the announcement of a $5.2 million underwritten public offering. The offering consists of 697,614 units priced at $2.20 per unit.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 5:12 pm

BLUE

bluebird bio's stock is trading lower following the announcement of a proposed public offering of $150 million of common stock, which could dilute existing shareholders' equity.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 5:09 pm

TEF

The Spanish government has directed SEPI, a state holding company, to purchase up to a 10% stake in telecommunications company Telefonica.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 5:09 pm

MULN

Mullen Automotive CEO David Michery addressed shareholders in an open letter regarding the recent reverse stock split. The split was approved at a shareholders meeting on Dec. 18, 2023, as a measure to comply with Nasdaq's minimum bid price requirement and avoid delisting. Michery acknowledged the difficulty of the decision, given past dilutive splits, and the need to raise capital in 2024. He emphasized the importance of remaining on a major exchange for financing and long-term value creation, despite some shareholders' opposition to the reverse split.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 5:05 pm