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RRC

Range Resources (NYSE:RRC) has been the subject of 24 analyst evaluations over the last three months, showing a diverse range of opinions. The average 12-month price target for RRC has been raised to $37.21, reflecting a 4.96% increase from the previous target of $35.45. Analysts have adjusted their ratings and price targets, indicating a generally positive outlook on the company's performance. Range Resources, focusing on Marcellus Shale in Pennsylvania, has shown strong financial health despite a decline in revenue growth and operates with a lower market capitalization compared to industry peers.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 6:00 pm

AAPL

BABA

INTC

NVDA

QCOM

TSM

Piper Sandler analyst Harsh V. Kumar compared the performance of the Semiconductor Index (SOX) to the NASDAQ and S&P, noting SOX's 2% rise last week. The U.S. revoked licenses for Intel Corp and Qualcomm Inc to supply to Huawei, affecting Intel's revenue guidance but not Qualcomm's due to minimal exposure. Taiwan Semiconductor Manufacturing Co reported a 60% year-on-year revenue increase, driven by customers like Nvidia Corp and Apple Inc. Apple plans to integrate OpenAI's ChatGPT in iOS. Arm Holdings plans to launch AI chips by 2025, while China encourages domestic AI chip use, impacting Alibaba Group.

Portfolio Pulse from Anusuya Lahiri

May 13, 2024 | 5:50 pm

BRX

Brixmor Property Group (NYSE:BRX) has received mixed analyst ratings in the past three months, with a slight negative shift in sentiment as evidenced by a 0.2% decrease in the average price target to $25.2. Analysts from JP Morgan, Goldman Sachs, Truist Securities, Jefferies, and Mizuho have adjusted their ratings and price targets, reflecting a nuanced view of the company's performance and market position. Brixmor, a real estate investment trust, shows solid financial indicators such as a 27.7% net margin and a 3.11% return on equity, outperforming industry averages despite a market capitalization below the industry average and revenue growth lagging behind peers.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 5:01 pm

CIVI

Analysts have recently updated their ratings and price targets for Civitas Resources (NYSE:CIVI), showing a generally bullish outlook. The average 12-month price target has been raised to $99.12, reflecting a 3.38% increase from the previous target. The company has demonstrated strong financial performance, with significant revenue growth, high net margin, and impressive returns on equity and assets, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 5:00 pm

AMH

American Homes 4 Rent (NYSE:AMH) received mixed ratings from 6 analysts, with recent updates showing a positive trend in price targets, reflecting a bullish outlook. The average 12-month price target was raised to $40.0, indicating a 5.26% increase from the previous target. Analysts from firms like Keefe, Bruyette & Woods, Raymond James, and Citigroup have raised their price targets, suggesting optimism about the company's performance. American Homes 4 Rent, a real estate investment trust, has shown strong financial health with a notable revenue growth rate of 6.5% and excels in net margin and ROE, indicating efficient cost management and financial management.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 5:00 pm

AR

Antero Resources (NYSE:AR) has been the subject of diverse analyst opinions over the last three months, with 15 analysts offering ratings from bullish to bearish. Recent updates show a shift towards more neutral stances, with an increase in the average 12-month price target to $32.0, up 13.43% from $28.21. The company's financials indicate challenges, including a -13.04% revenue growth decline and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 5:00 pm

GPOR

Gulfport Energy (NYSE:GPOR) has received mixed analyst ratings over the past three months, with a recent shift towards a more neutral stance. The average 12-month price target for GPOR has been raised to $176.78, reflecting a 7.21% increase from the previous target. Analyst actions include both upgrades and downgrades, with a focus on the company's financial performance, including a notable net margin and ROE that surpass industry averages, despite a significant revenue decline and a market capitalization below industry standards.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 5:00 pm

GFS

GLOBALFOUNDRIES (NASDAQ:GFS) received mixed ratings from 14 analysts, with a shift towards a more bearish sentiment in the last 30 days. The average 12-month price target was adjusted down by 4.27% to $58.57. The company faces revenue challenges with a -15.86% decline over 3 months, yet maintains a strong net margin of 8.59%. Its market capitalization and ROE are below industry benchmarks, indicating potential growth and efficiency challenges.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 5:00 pm

SPY

The US Federal Energy Regulatory Commission has approved a significant overhaul for electric transmission, mandating regions to undertake 20-year planning processes. This move is aimed at enhancing the reliability and efficiency of the electric grid, facilitating the integration of renewable energy sources, and potentially reducing costs for consumers. The decision could have broad implications for utility companies, renewable energy developers, and investors in the energy sector.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 4:33 pm

ON

Recent analyst ratings for ON Semiconductor (NASDAQ:ON) show a mix of bullish and bearish perspectives, with a notable decrease in the average 12-month price target from $91.80 to $84.65, reflecting a 7.79% decrease. Analysts from firms like Jefferies, Truist Securities, and Deutsche Bank have adjusted their ratings and price targets, indicating a nuanced view of the company's future performance. Despite facing revenue challenges with a -4.95% decline over 3 months, ON Semiconductor maintains a strong financial performance with a high net margin of 24.32% and exceptional ROE and ROA figures.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 4:01 pm