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Revenues

CFR

Cullen/Frost Bankers (CFR) anticipates a slight increase in noninterest income and expects noninterest expense growth to stay within 6%-8%. The company also forecasts net charge-offs and the effective tax rate to normalize or remain stable, respectively.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 6:32 pm

DADA

Dada Nexus (NASDAQ:DADA) has received mixed analyst ratings over the last three months, with a significant decrease in the average 12-month price target from $8.60 to $2.62, indicating a 69.53% decrease. Analysts from Goldman Sachs, Jefferies, New Street Research, and Daiwa Capital have provided updates, with ratings ranging from Neutral to Buy and adjusted price targets. The company faces challenges in revenue growth, net margin, ROE, and ROA, performing below industry averages. Dada Nexus, a leading crowdsourced delivery service in China, is partly owned by JD.com and Walmart Inc.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 6:01 pm

NAVI

Navient (NASDAQ:NAVI) has received mixed analyst ratings over the last three months, with a trend towards more neutral and somewhat bearish outlooks. The average 12-month price target for NAVI has been adjusted to $16.17, a decrease from the previous $17.17. Analyst actions include both downgrades and a single upgrade, reflecting varied expectations for the company's financial performance. Navient's financial indicators show challenges, including a significant revenue decline, below-average net margin, ROE, and ROA, alongside a high debt-to-equity ratio, suggesting potential financial strain.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 6:01 pm

IBTX

Independent Bank Gr (NASDAQ:IBTX) has received mixed analyst ratings over the past three months, with a recent shift towards a more bullish outlook. The average 12-month price target is $47.75, reflecting a 9.34% decrease from the previous target. Analysts from Truist Securities, Piper Sandler, and Stephens & Co. have adjusted their ratings and price targets, indicating varying expectations for the bank's performance. Despite a negative revenue trend and challenges in ROE and ROA, Independent Bank Gr maintains a strong net margin and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 6:00 pm

STC

Stewart Information Servs (NYSE:STC) has received mixed analyst ratings in the last three months, with 3 somewhat bullish and 1 indifferent rating. The average 12-month price target is $73.25, reflecting a 10.15% increase from the previous $66.50. Analysts from Stephens & Co. and Keefe, Bruyette & Woods have adjusted their price targets, indicating changing sentiments towards STC's market performance. Despite facing challenges in revenue growth, net margin, and ROE, STC's debt management remains sound.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 6:00 pm

TSLA

WKSP

Tesla Inc (TSLA) is refocusing on affordable EVs to regain its market position, while Worksport Ltd (WKSP) is innovating in the EV accessories market, signaling potential growth with its solar-powered truck bed cover and portable battery system. Despite a slowdown in the EV market, both companies are adapting through innovation, with Worksport expecting a significant sales increase in 2024 and Tesla facing slower growth but continuing to innovate.

Portfolio Pulse from Upwallstreet

April 25, 2024 | 5:39 pm

GDX

META

NEM

Wall Street faced a downturn due to Meta Platforms Inc.'s weak revenue forecast and concerns of U.S. stagflation, with the S&P 500, Nasdaq 100, and Dow Jones all declining. Gold miners like Newmont Corp. saw gains, while major companies reported mixed earnings results, impacting their stock prices.

Portfolio Pulse from Piero Cingari

April 25, 2024 | 5:30 pm

ASO

In the latest quarter, 22 analysts provided mixed ratings for Academy Sports (NASDAQ:ASO), with a shift towards more bullish sentiments. The average 12-month price target was raised to $79.0, indicating a positive outlook. Analyst actions varied, with several adjustments to ratings and price targets reflecting a dynamic view on the company's performance and market position. Academy Sports's financials show strong growth, profitability, and efficient management, with a market capitalization below industry benchmarks but impressive revenue growth and net margins.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 5:01 pm

AVY

In the past three months, Avery Dennison (NYSE:AVY) received varied analyst ratings, shifting towards a more bullish outlook. Recent updates show a consensus towards 'Outperform' with an increased 12-month price target average of $228.4, reflecting a 7.13% rise from the previous target. Avery Dennison's financial health appears robust, with notable revenue growth, high net margin, and strong ROE and ROA, indicating a positive market standing and potential for investor interest.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 5:01 pm

AMX

America Movil (NYSE:AMX) has been the subject of 5 analyst reviews over the past three months, showing a mix of ratings from bullish to bearish. The average 12-month price target for AMX has increased by 7.92% to $19.48, with analysts adjusting their price targets and ratings based on recent developments. The company, a leading telecom carrier in Latin America, faces challenges with a -2.69% revenue decline but maintains strong financial health indicators such as net margin and ROE.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 5:00 pm