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BEN

Franklin Resources (NYSE:BEN) has received mixed analyst ratings over the past three months, with most analysts being indifferent or somewhat bearish. The average 12-month price target has decreased by 3.77% to $23.71. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Despite a revenue growth rate of 7.82%, Franklin Resources faces challenges with below-average net margin, ROE, and ROA compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 12:01 pm

ATEC

Alphatec Holdings (NASDAQ:ATEC) has been analyzed by 9 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has decreased from $21.78 to $18.11. Analysts have adjusted their ratings and price targets, reflecting market conditions and company performance. Despite a positive revenue growth rate of 24.51%, Alphatec faces challenges with profitability, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 12:00 pm

CIEN

Ciena (NYSE:CIEN) has been analyzed by 10 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $58.65, a decrease from the previous $61.75. Analysts have adjusted their ratings and price targets, reflecting mixed sentiments. Ciena's financials show a decline in revenue and challenges in ROE, but strong net margin and ROA.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 12:00 pm

CSIQ

Canadian Solar's shares fell after the company reported mixed Q2 results and issued Q3 revenue guidance below estimates. Additionally, the company lowered its FY24 revenue guidance, with the midpoint below expectations.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:56 am

LANC

Lancaster Colony anticipates continued sales growth in its retail segment for FY25, driven by volume increases. The company also expects overall margin improvement through cost-saving initiatives.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:43 am

CISS

C3is (NASDAQ:CISS) reported a significant improvement in its Q2 financial results, with EPS rising to $0.63 from a loss of $(12.07) YoY, and sales increasing to $10.83M from $1.70M YoY.

Portfolio Pulse from totan@benzinga.com

August 22, 2024 | 11:42 am

AAP

CG

Advance Auto Parts (AAP) reported disappointing Q2 earnings, missing EPS expectations and lowering its FY24 outlook. The company announced the sale of its Worldpac business to The Carlyle Group (CG) for $1.5 billion. AAP shares fell 11.2% in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

August 22, 2024 | 11:42 am

NEXN

Nexxen has reaffirmed its fiscal year 2024 guidance, projecting a contribution ex-TAC of $340M-$345M and an adjusted EBITDA of $100M.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:36 am

NEXN

Nexxen International reported Q2 2024 earnings per share of $0.09, meeting analyst expectations, and sales of $88.577 million, surpassing estimates by 4.71%. This marks a 5.14% increase from the previous year's sales.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:34 am

CATO

Cato Corporation reported a decrease in Q2 earnings per share to $0.01 from $0.06 year-over-year, with sales dropping to $168.63 million from $182.87 million.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:20 am