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ARE

Alexandria Real Estate Equities, Inc. (ARE) reported Q1 2024 AFFO of $2.35 per share, surpassing the consensus estimate of $2.33. Quarterly sales reached $769.1M, exceeding estimates of $762.903M and marking a 9.75% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:13 pm

SAP

SAP reported an 8% increase in Q1 non-IFRS total revenue, reaching €8.041 billion. The company also reaffirmed its outlook for 2024, indicating confidence in its future financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:10 pm

EVH

Evolent Health (NYSE:EVH) has been the subject of 6 analyst recommendations in the last three months, showing a mix of bullish and somewhat bullish sentiments with no bearish views. The average 12-month price target is $44.00, down from $45.50, with targets ranging from $38.00 to $52.00. Analyst actions include ratings adjustments and price target changes by firms such as Citigroup, Canaccord Genuity, JP Morgan, Oppenheimer, and JMP Securities. Evolent Health, a company engaged in healthcare delivery and payment, has shown a solid revenue growth rate of 45.4% and has a market capitalization above industry averages, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 8:02 pm

FLR

Analysts have mixed views on Fluor (NYSE:FLR), with recent ratings showing a balance between bullish and bearish perspectives. The average 12-month price target for FLR has been raised to $46.00, indicating a 3.37% increase from the previous target. Citigroup and Truist Securities are among the firms adjusting their outlooks, with Citigroup raising its price target to $47.00 from $45.00. Fluor, a major global provider in engineering and construction services, reported a revenue growth of 2.96% for 2023, despite lagging in net margin and ROE compared to industry averages.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 8:01 pm

GDYN

Analysts have varied opinions on Grid Dynamics Holdings (NASDAQ:GDYN), with recent ratings ranging from bullish to bearish. Over the last three months, there have been changes in analyst sentiments, with the latest average 12-month price target set at $16.4, reflecting a 5.13% increase from the previous target. The company faces challenges in revenue growth, net margin, ROE, and ROA, but has a low debt-to-equity ratio, indicating less reliance on debt financing.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 8:01 pm

MTN

Recent evaluations by 12 financial analysts on Vail Resorts (NYSE:MTN) show a mix of opinions, with a shift towards a more cautious stance in the last 30 days. The average 12-month price target for MTN has been adjusted to $246.33, down from $256.40, reflecting a 3.93% decrease. Analyst actions include lowering price targets and maintaining ratings, indicating a nuanced view of the company's future performance amidst market conditions and company-specific challenges. Vail Resorts operates in resorts and casinos, with significant revenue from the U.S., and has shown strong profitability metrics but faces challenges in revenue growth and high debt levels.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 8:01 pm

CIVI

Seven analysts have recently shared their views on Civitas Resources (NYSE:CIVI), with opinions ranging from bullish to bearish. Over the past three months, the sentiment has shifted, with the latest ratings including one somewhat bullish adjustment in the last 30 days. The average 12-month price target for CIVI is now $97.43, marking a 1.84% increase from the previous target of $95.67. Analyst actions include both upgrades and downgrades, with price targets ranging from $90.00 to $110.00. Civitas Resources, an independent exploration and production company, has shown a notable revenue growth rate of 38.38% as of December 31, 2023, but faces challenges with below-average net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 8:00 pm

SEDG

SolarEdge Technologies (NASDAQ:SEDG) has been analyzed by 19 analysts, showing a mix of ratings from bullish to bearish. The average 12-month price target is now $86.63, down from $97.88, indicating a negative sentiment shift. Analyst actions include lowering and raising price targets, reflecting responses to market dynamics and company performance. SolarEdge's financials show a -64.52% revenue decline and below-average profitability metrics, suggesting operational challenges.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 8:00 pm

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