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DY

Dycom Industries (NYSE:DY) has received a range of analyst ratings, with most being bullish. Analysts have raised their price targets, with an average target of $207.8, up from $196.60. The company shows strong financial performance with high revenue growth and profitability, but has a higher debt-to-equity ratio than industry averages.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 1:00 pm

GRPN

Four analysts have recently assessed Groupon (NASDAQ:GRPN), with ratings ranging from bullish to bearish. The average 12-month price target is $23.5, down from $24.5. Groupon faces financial challenges, including a decline in revenue and profitability metrics below industry averages.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 1:00 pm

ALB

Albemarle (NYSE:ALB), a major lithium producer, has been analyzed by 16 analysts, showing a range of sentiments from bullish to bearish. Recent analyst actions include several downgrades and lowered price targets, reflecting concerns over Albemarle's financial performance, including a significant revenue decline and below-average profitability metrics. The average 12-month price target has decreased by 21.18%.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 1:00 pm

WGS

GeneDx (NASDAQ:WGS) has provided genomic newborn screenings for over 14,000 infants, positioning itself as a leader in genomic newborn screening (gNBS). Their research shows that early diagnosis through gNBS can significantly reduce time-to-diagnosis, potentially improving health outcomes.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:46 pm

BABA

BIDU

FXI

JD

KWEB

LI

MCHI

NIO

NTES

PDD

TME

XPEV

Chinese stocks experienced a sharp selloff due to disappointment over the lack of aggressive fiscal stimulus from Beijing. The Hang Seng Index in Hong Kong fell over 9%, marking its worst single-day loss since 2008. U.S.-listed Chinese stocks and ETFs also saw significant declines.

Portfolio Pulse from Piero Cingari

October 08, 2024 | 12:40 pm

BKSY

BlackSky Technology has secured a seven-figure contract to provide non-Earth imaging services, indicating a significant business development for the company.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:39 pm

ALCE

Alternus Clean Energy, Inc. (NASDAQ:ALCE) has sold its subsidiary Solis Bond Company DAC, along with its Romanian subsidiaries, to Solis Trustee Special Vehicle Limited. This transaction removes $100 million in debt and payables from Alternus' balance sheet and improves shareholder equity by $45 million. Solis accounted for 98% of Alternus' revenues for the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:37 pm

KOPN

Kopin Corporation has received a production purchase order for its SXGA-R15 microdisplay system from Mirtec. The size of the order has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:37 pm

LSB

LakeShore Biopharma reported preliminary first-half revenue of RMB350M-RMB380M, indicating a growth of 28-39%.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:34 pm

RWAY

Runway Growth Finance announced a Q3 2024 portfolio update, highlighting $75.3M in funded investments across seven companies, including Snap! Mobile, Zinnia Corporate Holdings, and Elevate Services. The company also reported full repayment of a $75M loan from CloudPay and a $10M assignment of Airship Group investment.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:33 pm