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MA

Mastercard has reported an 8.8% stake in DigiAsia as of April 3, 2024, according to a 13G filing with the SEC. This significant investment by Mastercard highlights its interest and potential influence in DigiAsia's operations and strategic direction.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:09 pm

ZI

ZoomInfo Technologies (NASDAQ:ZI) has been analyzed by 16 analysts over the last three months, showing a mix of bullish to bearish sentiments. The recent evaluations indicate a shift towards a more cautious stance, with an increase in 'Indifferent' ratings in the last 30 days. The 12-month price targets suggest an average target of $21.47, reflecting a 4.02% increase from the previous target. Analyst actions include a range of 'Maintain', 'Raise', and 'Lower' recommendations, with price targets varying from $13.00 to $28.00. ZoomInfo's financial health shows positive revenue growth but below-average profitability and high debt levels.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:02 pm

MODN

ClearBridge Investments, holding 6.97% of Model N, Inc. (MODN), has urged the Board of Directors to reconsider the acquisition by Vista Equity Partners, arguing it undervalues the company. ClearBridge highlights Model N's strong positioning, successful SaaS transition, and potential for long-term growth, suggesting the offer does not reflect the company's true value. They propose exploring superior offers or remaining independent to maximize shareholder value.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:01 pm

WAB

Recent analyst ratings for Westinghouse Air Brake (NYSE:WAB) show a predominantly positive outlook, with 6 analysts offering insights ranging from bullish to indifferent. The average 12-month price target for WAB has been raised to $152.83, indicating a 5.11% increase from the previous target. The company has shown solid revenue growth of 9.54% and a net margin of 8.51%, though its ROE at 2.07% is below industry standards. Its ROA at 1.14% and a low debt-to-equity ratio of 0.39 highlight strong financial health and efficient asset utilization.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:00 pm

FCNCA

First Citizens BancShares (NASDAQ:FCNCA) received mixed analyst ratings with 2 bullish, 1 somewhat bullish, and 1 indifferent over the past three months. The average 12-month price target is $1788.5, reflecting a 10.27% increase from the previous target of $1622. Analysts from DA Davidson, Goldman Sachs, UBS, and Wedbush have adjusted their ratings and price targets, indicating a positive outlook on FCNCA's performance. The company has shown significant revenue growth, a high net margin, and strong ROE and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 7:01 pm

WFRD

Weatherford International (NASDAQ:WFRD) has been analyzed by 4 analysts, showing a mix of bullish and somewhat bullish ratings with an updated average 12-month price target of $151.25, indicating a 20.68% increase from the previous target. The company's financials reveal strong performance with a revenue growth rate of 12.66%, a net margin of 10.28%, and an ROE of 16.81%, despite a high debt-to-equity ratio of 2.23.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 7:01 pm

JRVR

James River Gr Hldgs (NASDAQ:JRVR) has received mixed analyst ratings with a notable decrease in the average price target by 37.5%, setting it at $12.5. Analysts from JMP Securities, Keefe, Bruyette & Woods, UBS, and Truist Securities have adjusted their ratings and price targets, reflecting a varied outlook on the company's performance. Despite a significant revenue growth of 58.93%, JRVR faces challenges with a net margin of -130.74%, ROE of -27.85%, and ROA of -2.91%, indicating potential profitability and efficiency issues.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 7:00 pm

CFBK

CF Bankshares has filed for a mixed shelf offering with the SEC, allowing it to issue up to $35M in securities. This strategic move could provide the company with flexible financing options for future growth, acquisitions, or debt management.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 6:46 pm

BSX

ITGR

JNJ

MDT

BofA Securities upgraded Integer Holdings Corporation (NYSE:ITGR) due to expected growth in the pulsed field ablation (PFA) market, forecasting PFA sales to increase from $100-200 million in 2023 to over $2 billion by 2025. Integer, a major medical device outsourcing manufacturer, supplies components for PFA devices made by Boston Scientific Corporation (NYSE:BSX), Medtronic Plc (NYSE:MDT), and Johnson & Johnson (NYSE:JNJ). The upgrade anticipates additional revenue for Integer and a stock price target increase from $105 to $135.

Portfolio Pulse from Vandana Singh

April 15, 2024 | 6:43 pm

CNC

Seven financial analysts have recently evaluated Centene (NYSE:CNC), showing a mix of somewhat bullish and indifferent ratings, with no bullish or bearish stances. The average 12-month price target for CNC is set at $91.00, slightly down from the previous $91.40. Analyst actions include both raises and lowers in ratings and price targets, reflecting adjustments to market conditions and Centene's performance. Centene, a managed-care organization, has shown positive revenue growth and strong financial metrics, including net margin and ROE, but carries a higher debt-to-equity ratio than industry averages.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 6:01 pm