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CNP

CenterPoint Energy (NYSE:CNP) has received mixed analyst ratings in the last three months, with a shift towards a more cautious stance in the last 30 days. The average 12-month price target for CNP has been adjusted to $29.75, marking a decrease from the previous target of $30.50. Analysts from Scotiabank, Barclays, Guggenheim, and Mizuho have made adjustments to their ratings and price targets, reflecting changing market dynamics and company performance. CenterPoint Energy's financials show challenges, including a -19.51% decline in revenue growth and below-industry benchmarks in net margin, ROE, and ROA, despite a balanced debt approach.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 7:01 pm

TASK

TaskUs (NASDAQ:TASK) has been evaluated by 4 analysts over the last three months, showing a mix of bullish and bearish sentiments. The recent ratings indicate a shift towards a more positive outlook, with an average 12-month price target of $14.00, down from $14.33. Analysts from Citigroup, Guggenheim, RBC Capital, and B of A Securities have adjusted their ratings and price targets, reflecting changes in market conditions and TaskUs's performance. Despite revenue challenges and a market capitalization below industry benchmarks, TaskUs exhibits strong profitability metrics such as net margin, ROE, and ROA, alongside a healthy debt management profile.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 7:01 pm

GLOB

Analysts have mixed views on Globant (NYSE:GLOB), with 12 ratings over the last three months showing a range from bullish to indifferent. The average 12-month price target is $262.42, reflecting a slight increase from the previous target. Analyst actions include adjustments to ratings and price targets, with several analysts raising their targets while others maintain or lower them. Globant's financial performance shows strong revenue growth and asset management but challenges in profitability and equity utilization. The company's market capitalization is below the industry average, indicating it is smaller compared to peers.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 7:01 pm

EXLS

Analyst ratings for ExlService Holdings (NASDAQ:EXLS) show a mix of bullish to bearish sentiments, with recent adjustments in price targets and ratings by analysts from Citigroup, TD Cowen, and Needham. The average 12-month price target is set at $37.5, indicating a 3.22% increase from the previous target. ExlService Holdings, a business process management company, has shown impressive financial health with a revenue growth rate of 10.5%, a net margin of 9.73%, and strong ROE and ROA figures.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 7:00 pm

J

Jacobs Solutions (NYSE:J) received mixed ratings from 5 analysts, with recent updates showing a bullish trend. The average 12-month price target is $162.00, marking a 4.85% increase from the previous target. Analysts from Citigroup, B of A Securities, Argus Research, Truist Securities, and RBC Capital have adjusted their ratings and price targets, reflecting optimism about the company's performance. Jacobs Solutions, a global engineering and construction firm, reported a revenue growth of 9.49% and a net margin of 4.13% for fiscal 2023, indicating strong financial health despite a lower ROE of 2.6% compared to industry averages.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 7:00 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has been recognized by Consumer Reports' 2023 Annual Auto Surveys as the automotive brand with the lowest maintenance and repair costs. The surveys, which collected data from thousands of vehicle owners in the U.S., confirm the long-held belief that electric vehicles, like those produced by Tesla, offer significantly reduced repair and maintenance expenses compared to gasoline vehicles. German luxury brands such as Audi, BMW, Mercedes-Benz, and Porsche were identified as having the highest costs.

Portfolio Pulse from Benzinga EV Insights

April 22, 2024 | 6:26 pm

CTSH

Analyst ratings for Cognizant Tech Solns (NASDAQ:CTSH) show a mix of bullish and bearish sentiments, with a recent shift towards a more positive outlook. Over the last quarter, 7 analysts provided ratings, with the latest showing 1 bullish and 6 indifferent. The average 12-month price target is $79.43, a slight decrease from the previous $80.80. Analyst actions include both upgrades and downgrades, reflecting changes in market conditions and company performance. Cognizant's financials indicate challenges in revenue growth and ROE, but strengths in net margin, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 6:01 pm

FIVN

Five9 (NASDAQ:FIVN) received mixed analyst ratings with a downward trend in price targets, reflecting a cautious outlook. The average 12-month price target is now $84.5, down from $93.60. Analysts from firms like Canaccord Genuity, Morgan Stanley, and Wells Fargo adjusted their ratings and price targets, indicating a response to market conditions and Five9's performance. Despite a 14.74% revenue growth, Five9's financial metrics such as net margin, ROE, and ROA lag behind industry averages, with a high debt-to-equity ratio of 1.48.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 6:01 pm

ROKU

VZIO

WMT

J.P. Morgan analyst Cory A Carpenter maintains an Overweight rating on Roku Inc (NASDAQ:ROKU) ahead of its Q1 FY24 earnings report on April 24, despite negative investor sentiment. Carpenter predicts a revenue beat similar to Q4's 3% rather than Roku's 9% average from 3Q22-3Q23, due to lack of evidence of scatter market improvement. The analyst expects Roku to guide Q2 Platform revenue to around 10% Y/Y, with potential further deceleration in Q3. The upcoming Walmart Inc (NYSE:WMT) and Vizio Holding Corp (NYSE:VZIO) merger is seen as a challenge for Roku's ad fill rates and revenue acceleration. However, Carpenter remains positive on Roku's long-term growth in connected TV. Key upcoming events include Roku's Upfronts presentation, WMT/VZIO regulatory updates, and Roku's Q3 guidance for Q4 Platform revenue acceleration.

Portfolio Pulse from Shivani Kumaresan

April 22, 2024 | 6:01 pm

PXD

Analyst ratings for Pioneer Natural Resources (NYSE:PXD) have been predominantly neutral over the past three months, with all 8 analysts maintaining an indifferent stance. The average 12-month price target for PXD has increased to $270.62, reflecting an 8.81% rise from the previous target of $248.71. Analysts from firms like Susquehanna, Scotiabank, RBC Capital, Truist Securities, and Mizuho have adjusted their price targets, indicating a cautiously optimistic outlook on PXD's performance. Despite facing revenue challenges and below-average profitability metrics, PXD's market position remains strong with a significant market capitalization and a sound financial structure.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 6:00 pm