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BIGC

Analyst opinions on BigCommerce Holdings (NASDAQ:BIGC) vary, with recent ratings showing a shift towards a more bullish outlook. The average 12-month price target is now $9.08, down from $10.40, indicating a 12.69% decrease. Analysts from firms like Needham, Morgan Stanley, and Barclays have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. BigCommerce's financials show positive revenue growth but challenges in market capitalization, net margin, and debt management.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 3:00 pm

ONTO

Onto Innovation (NYSE:ONTO) has received mixed analyst ratings over the past three months, with a recent shift towards more bullish sentiments. The average 12-month price target has been raised to $233.33, indicating a 10.32% increase from the previous target. Analysts from B. Riley Securities, Evercore ISI Group, and Stifel have adjusted their ratings and price targets, reflecting optimism about the company's performance. Despite facing a revenue decline of -13.59% in the last quarter of 2023, Onto Innovation maintains a strong net margin and ROA, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 3:00 pm

ADC

Agree Realty (NYSE:ADC) was analyzed by 7 analysts, showing a mix of bullish to indifferent sentiments with no bearish views. The average 12-month price target is $64.79, down from $66.33, indicating a slight negative adjustment in expectations. The company's financial performance is strong, with significant revenue growth and net margin, but a low ROE. Analyst actions included both upgrades and downgrades, reflecting a nuanced view of the company's prospects.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 3:00 pm

SPY

Director of the National Economic Council, Brainard, emphasized that the U.S. tax policy in 2025 should aim to increase revenue and that any tax cuts extended into 2025 must be fully compensated for. This statement suggests a cautious approach towards fiscal policy, potentially impacting investor sentiment and market dynamics.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 2:50 pm

G

Genpact shares surged following the announcement of its Q1 financial results, which exceeded expectations. The company also increased its forecast for FY24 earnings per share (EPS) and provided Q2 revenue guidance that surpassed analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 2:22 pm

TGT

VDC

XLP

Target Corp (NYSE:TGT) has decided to limit the sale of LGBTQ-themed products in certain stores during Pride Month, opting instead to offer the full range online. This decision follows a backlash that affected its revenue, with the company moving Pride displays to less prominent locations in some Southern stores last year. Target's approach aims to balance customer feedback and market research. Despite challenges, including a wave of anti-LGBTQ legislation, Target remains committed to supporting the LGBTQ+ community. The company reported a 1.7% revenue growth in Q4 FY23. Target's stock, part of ETFs like Vanguard Consumer Staples ETF (NYSE:VDC) and Consumer Staples Select Sector SPDR Fund (NYSE:XLP), has risen over 4% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

May 10, 2024 | 2:10 pm

GHLD

Guild Holdings (NYSE:GHLD) has received mixed analyst ratings over the last three months, with a recent shift towards a more bullish outlook. The average 12-month price target is now $16.00, up from $13.00, indicating a 23.08% increase. Analysts from Wedbush, JP Morgan, Wells Fargo, and BTIG have provided updates, with actions ranging from maintaining to raising their ratings and price targets. Guild Holdings, a mortgage company, faces challenges with a market cap below industry average, revenue decline of -58.82%, and poor profitability metrics.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 2:01 pm

COLL

Collegium Pharmaceutical (NASDAQ:COLL) has been reviewed by 4 analysts over the last three months, showing a shift from bullish to more neutral stances. The average 12-month price target has been raised to $39.5, indicating a 4.86% increase from the previous target. The company's financial performance shows strong profitability and revenue growth, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 2:01 pm

O

Realty Income (NYSE:O) received mixed analyst ratings with an average 12-month price target of $59.25, reflecting a downward revision from $61.25. The company shows strong revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 2:01 pm

FLNC

Fluence Energy (NASDAQ:FLNC) has seen a shift in analyst sentiment, with a decrease in the average price target by 10.6% to $22.17. Six analysts have provided ratings, showing a move towards a more indifferent stance in the last 30 days. The company's financial performance indicates strong revenue growth of 71.21% as of March 31, 2024, but challenges in ROE and ROA. Fluence Energy is recognized for its energy storage products and services, contributing to the clean energy transition.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 2:00 pm