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COHR

Coherent (NYSE:COHR) has received diverse analyst ratings over the past three months, with a mix of bullish and neutral perspectives. Analysts have set a 12-month average price target of $73.4, reflecting a 10.54% increase from the previous target. Key analysts have maintained or raised their ratings, with price targets ranging from $65 to $90. Despite revenue challenges, Coherent's financial metrics such as net margin, ROE, and ROA surpass industry averages, although its debt-to-equity ratio is higher than the industry norm.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 1:01 pm

CSLR

Complete Solar has raised $10 million from a Chinese energy company, which could provide a significant boost to its operations and market presence.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:54 pm

NBR

Nabors Industries has announced its preliminary Q2 2024 operating results, reporting revenue of approximately $735 million, adjusted EBITDA of $218 million, and adjusted free cash flow between $55 million and $60 million. The company highlighted international expansion and stable U.S. activity, with an average of 68.7 rigs in the Lower 48 and 84.4 rigs internationally. Full results will be released on July 23, 2024, followed by an earnings call on July 24, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:53 pm

SYF

Synchrony Financial reported a 7% year-over-year increase in Q2 net interest income, reaching $4.41 billion.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:50 pm

SYF

Synchrony Financial's Q2 report shows a mixed performance with a 1% decrease in purchase volume, an 8% increase in loan receivables, and a 48 basis points drop in net interest margin to 14.46%. Other key metrics include a 2% increase in average active accounts and a 14% decrease in new accounts.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:49 pm

MAMO

Massimo has launched an automated vehicle assembly robot line at its Texas factory, which is expected to improve efficiency by 50% and enhance safety for the production of ATV and UTV vehicle lines.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:35 pm

HYMTF

Hyundai's luxury brand Genesis is reportedly developing a new exclusive EV platform, moving away from the current E-GMP platform shared with Hyundai and Kia. This shift could impact the future of Genesis' EV lineup, including the GV60, GV70, and G80 models.

Portfolio Pulse from Anan Ashraf

July 17, 2024 | 12:33 pm

AMPG

AmpliTech Group, Inc. (NASDAQ:AMPG) released a letter to shareholders from CEO/CTO Fawad Maqbool, addressing recent developments and reaffirming the company's commitment to its business plan. The letter highlights the company's achievements, including its leadership in 5G, quantum computing, and satellite technologies, and assures investors of its financial discipline and strategic growth plans.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:32 pm

SYPR

Sypris Solutions has entered into an extension of its supply agreement with a global truck OEM. This extension is expected to strengthen Sypris' position in the market and potentially increase its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:31 pm

SPY

Building permits in the U.S. increased by 3.4% in June, indicating a potential rise in construction activity.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:30 pm