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GNS

Genius Group Ltd's stock (NASDAQ:GNS) fell 45% to $0.28 after announcing a public offering at $0.35 per share, including Series 2024-A and Series 2024-C warrants. The offering aims to raise approximately $8.25 million, with H.C. Wainwright & Co. as the placement agent. Funds will be used for general corporate purposes, and CEO Roger Hamilton will convert $1 million of his loan into the offered securities. GNS's 52-week range is $0.42 to $7.99.

Portfolio Pulse from Henry Khederian

January 12, 2024 | 2:27 pm

VCIG

VCI Global shares have declined following the announcement of a $2.75 million public offering. The offering is likely to dilute current shareholders' equity, which typically leads to a decrease in share price.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 2:15 pm

JAMF

Analyst ratings for Jamf Holding (NASDAQ:JAMF) show varied opinions, with a recent shift towards a more cautious outlook. Over the last quarter, ratings ranged from bullish to bearish, but the past 30 days have seen a unanimous move to 'Indifferent'. The 12-month price target average has decreased by 22.48% to $23.00, with a high estimate of $25.00 and a low of $20.00. Analysts from Barclays, Piper Sandler, RBC Capital, and Needham have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Jamf Holding, specializing in Apple Enterprise Management, has shown a revenue growth of 14.51% but struggles with a net margin of -22.63% and an ROA of -2.09%. Its debt-to-equity ratio is healthy at 0.52, and it has an ROE of -4.59%.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:00 pm

JPM

A JPMorgan executive stated during a conference call that the company anticipates continued strong growth in its cards division, although not at the exceptional levels seen in 2023. Additionally, JPMorgan plans to implement a moderate stock buyback program in the coming quarters, aiming for a net buyback of $2 billion per quarter.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 1:52 pm

RXT

Rackspace Technology has appointed Mark Marino as its new CFO, effective immediately. Marino brings extensive financial leadership experience to RXT, which could signal a strategic shift or strengthen the company's financial management.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 1:33 pm

KKR

KKR & Co (NYSE:KKR) has seen a decrease in short interest, with the short percent of float falling 6.36% since the last report. The company has 6.86 million shares sold short, which is 1.03% of available shares for trading. The average time to cover these short positions is 2.11 days. A decrease in short interest can indicate a more bullish sentiment towards the stock, although it does not necessarily predict a price rise. KKR's short interest is below its peer group average of 2.80%.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:15 pm

TTGT

TechTarget (NASDAQ:TTGT) has received mixed analyst ratings over the past three months, with 5 analysts offering diverse perspectives. The average 12-month price target has increased by 31.76% to $44.8, with a high of $58.00 and a low of $31.00. Analysts from Keybanc, Raymond James, and Needham have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. TechTarget's financials show challenges with a revenue decline of -26.2%, below-average net margin, ROE, and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:01 pm

LPRO

Open Lending (NASDAQ:LPRO) has been rated by 7 analysts in the past three months, with a mix of bullish to bearish sentiments. The average 12-month price target is now $7.21, down 35.28% from the previous $11.14. Analysts have adjusted their ratings and price targets, with one analyst raising and five lowering their targets. Open Lending's financial health shows a decline in revenue growth, below-average net margin, ROE, and ROA, and a high debt-to-equity ratio, indicating potential financial strain.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:00 pm

FLT

Fleetcor Technologies (NYSE:FLT) received mixed analyst ratings over the past three months, with 9 analysts offering a range of opinions. The average 12-month price target is $280.33, up from the previous $275.43. Citigroup, Baird, BMO Capital, Mizuho, Raymond James, RBC Capital, Morgan Stanley, and UBS have all adjusted their ratings or price targets. Fleetcor offers specialized payment products and has shown positive revenue growth, a high net margin, and exceptional ROE, but carries a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:00 pm

PATK

Patrick Industries (NASDAQ:PATK) received mixed analyst ratings with 2 bullish and 2 somewhat bullish ratings. The average 12-month price target is $108.75, a 12.5% increase from the previous target. Brett Andress of Keybanc and Michael Swartz of Truist Securities raised their targets, while Swartz also lowered a separate target. The company faces challenges with revenue decline, below-average net margin, ROE, and ROA, but has a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:00 pm