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HD

25 financial analysts have recently updated their ratings and price targets for Home Depot (NYSE:HD), reflecting a mix of bullish and bearish views. The average 12-month price target is now $388.88, marking a 3.92% increase from the previous average of $374.20. Analyst actions include maintaining, raising, and lowering ratings and price targets, indicating varied perspectives on Home Depot's market performance. Despite a -2.92% decline in revenue growth for the last quarter, Home Depot demonstrates strong financial health with impressive net margin, ROE, and ROA, though it carries a higher debt-to-equity ratio than industry averages.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 3:01 pm

MYPS

Analysts have varied opinions on PLAYSTUDIOS (NASDAQ:MYPS), with recent ratings ranging from bullish to bearish. Over the last quarter, all 4 analysts rated it as bullish, but the average 12-month price target was reduced by 18.18% to $4.5. The company faces challenges with a -2.85% revenue decline and a net margin of -25.76%, but it has a strong ROE of -6.73% and a low debt-to-equity ratio of 0.03.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 3:00 pm

SHLS

Shoals Technologies Gr (NASDAQ:SHLS) has received mixed analyst ratings over the past quarter, with a shift towards more bullish sentiments in the last 30 days. The average 12-month price target for SHLS has been adjusted to $18.94, down from $23.36, indicating a potential decrease in stock value. Analysts from firms like Roth MKM, Mizuho, and Goldman Sachs have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. SHLS's financial performance shows strong revenue growth, net margin, and ROE, with a lower than average debt-to-equity ratio, suggesting a solid financial standing.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 3:00 pm

PAY

Paymentus Holdings (NYSE:PAY) received neutral ratings from 5 analysts, with an updated average 12-month price target of $21.3, reflecting a 9.79% increase from the previous target of $19.40. The company, offering electronic bill payment services, showed a revenue growth of 24.68% as of December 31, 2023, outperforming industry peers but facing challenges in profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 3:00 pm

TALO

Analysts have provided varied ratings for Talos Energy (NYSE:TALO) over the past three months, with a consensus 12-month price target of $20.44, reflecting a 3.58% decrease from the previous target. The company has shown strong financial performance, including a 12.5% revenue growth rate and a net margin of 22.31%, outperforming industry averages. Talos Energy's market capitalization is below industry averages, indicating a smaller scale relative to peers.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 3:00 pm

DUK

VPU

XLU

Duke Energy Corporation (NYSE:DUK) reported a Q1 FY24 adjusted EPS of $1.44, surpassing the consensus of $1.38, with revenues of $7.67 billion against a consensus of $7.24 billion. The company saw an increase in Electric Utilities and Infrastructure's adjusted segment income, while Gas Utilities and Infrastructure's adjusted segment income slightly declined. Duke Energy reaffirmed its FY24 EPS outlook of $5.85-$6.10 and its long-term adjusted EPS growth of 5%-7% through 2028. DUK shares rose 1.35% to $101.78. Investors can also gain exposure through SPDR Select Sector Fund – Utilities (NYSE:XLU) and Vanguard Utilities ETF (NYSE:VPU).

Portfolio Pulse from Lekha Gupta

May 07, 2024 | 2:53 pm

DUK

Duke Energy Florida has received approval from the Florida Public Service Commission to lower rates, effective June 2024, resulting in a nearly $6 monthly decrease for residential customers. This follows a previous reduction in January 2024. Commercial and industrial customers will also see a decrease between 3.5% and 7.0%. The company emphasizes its commitment to providing reliable and increasingly clean power, alongside offering energy efficiency programs to help customers manage their energy use.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 2:29 pm

MET

Recent analyst ratings for MetLife (NYSE:MET) show a unanimous somewhat bullish outlook, with six analysts rating the company as somewhat bullish over the past three months. The average 12-month price target for MET is $84.67, indicating a 3.47% increase from the previous target of $81.83. Analyst actions include both raises and lowers in ratings and price targets, reflecting adjustments to market conditions and MetLife's performance. MetLife's financial indicators such as revenue growth, net margin, ROE, and ROA are discussed, highlighting its market position and financial health.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 2:01 pm

HALO

Halozyme Therapeutics (NASDAQ:HALO) has been analyzed by 7 analysts in the last three months, showing a positive sentiment shift with 5 bullish and 2 somewhat bullish ratings. The average 12-month price target for HALO has increased to $53.71, up 11.9% from the previous $48.00, indicating a bullish outlook from analysts. The company has shown remarkable revenue growth of 26.75% and a high net margin of 37.12%, outperforming industry averages. However, its debt-to-equity ratio of 17.89 suggests potential financial challenges.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 2:00 pm

LXU

LSB Industries (NYSE:LXU) has received mixed analyst ratings over the past three months, with a recent shift towards a more bearish outlook. The average 12-month price target has been adjusted to $8.69, marking a 14.13% decline from the previous target. Analysts from Piper Sandler, RBC Capital, and UBS have updated their ratings and price targets, reflecting changes in market conditions and company performance. LSB Industries, a manufacturer of chemical products, faces revenue challenges with a -23.63% decline over 3 months but maintains strong financial metrics like net margin and ROE.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 2:00 pm