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Revenues

DAVA

11 analysts have recently updated their ratings on Endava (NYSE:DAVA), showing a diverse range of opinions from bullish to bearish. The average 12-month price target for DAVA has been adjusted to $55.27, down 25.31% from the previous $74.00. Analyst actions include both upgrades and downgrades, with price targets ranging from $33.00 to $80.00. Endava's financial performance shows a decline in revenue growth by -10.57% and below-average profitability and efficiency metrics, indicating potential challenges ahead.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 5:00 pm

FITB

Analyst opinions on Fifth Third Bancorp (NASDAQ:FITB) show a diverse range from bullish to bearish, with recent updates indicating a slight positive shift in sentiment. The average 12-month price target has been raised to $38.8, reflecting a 4.16% increase. Despite facing a revenue decline of -7.97% as of December 31, 2023, FITB's financial performance metrics like net margin and ROE outperform industry standards, suggesting strong profitability and efficient management.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 5:00 pm

LI

TSLA

XPEV

XPeng Inc. (NYSE:XPEV) shares are trading lower after Tesla, Inc. (NASDAQ:TSLA) and Li Auto, Inc. (NASDAQ:LI) announced price cuts on their electric vehicles in China. Tesla reduced prices on several models and its Full Self-Driving software in the U.S., while Li Auto cut prices by about 5% on multiple models in China. XPeng's stock is trading below its 50-day moving average and hit a new 52-week intraday low. The article also discusses the difficulty in predicting long-term stock prices but notes XPeng's annualized stock performance over the past 5 years is -20.05%.

Portfolio Pulse from Erica Kollmann

April 22, 2024 | 4:04 pm

KRP

Analysts have recently updated their ratings and price targets for Kimbell Royalty Partners (NYSE:KRP), showing a mix of bullish and somewhat bullish sentiments. Over the last three months, there have been 3 bullish and 1 somewhat bullish ratings, with the latest updates in the last 30 days showing 1 somewhat bullish rating. The average 12-month price target for KRP has been adjusted to $21.00, down from $21.33, with a high estimate of $22.00 and a low of $20.00. Key analysts from Keybanc, Truist Securities, and Raymond James have made adjustments to their ratings and price targets, reflecting their views on the company's market conditions and performance. Kimbell Royalty Partners, which owns and acquires mineral and royalty interests in oil and natural gas properties across the U.S., has shown a revenue growth rate of 29.13% as of December 31, 2023, but faces challenges with below-industry average net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 4:01 pm

EPAM

EPAM Systems (NYSE:EPAM) has received mixed analyst ratings over the past three months, with a total of 18 analysts offering evaluations. The sentiment has shifted slightly towards a more cautious stance in the last 30 days. The average 12-month price target for EPAM is now $327.44, marking a 7.12% increase from the previous target of $305.69. Analyst actions include adjustments to ratings and price targets, reflecting responses to market conditions and company performance. Despite facing challenges such as a -6.01% decline in revenue growth and below-average net margin and ROE, EPAM's strong ROA and low debt-to-equity ratio highlight its financial health and efficient asset use.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 4:01 pm

PRVA

Privia Health Gr (NASDAQ:PRVA) has received mixed analyst ratings over the last three months, with a recent shift towards more bullish perspectives. The average 12-month price target among analysts is $27.00, marking a 15.99% decline from the previous average. Analyst actions include both new ratings and adjustments to existing ones, with price targets ranging from $21.00 to $37.00. Privia Health is highlighted for its strong financial performance, including a notable revenue growth rate of 20.97%, a net margin of 0.64%, and efficient management reflected in its ROE and ROA figures. The company's low debt-to-equity ratio suggests a conservative financial strategy.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 4:00 pm

G

Four analysts have recently updated their ratings on Genpact (NYSE:G), with a mix of neutral, underweight, and buy ratings. The average 12-month price target remains unchanged at $39.00, with a high of $43.00 and a low of $33.00. Analyst actions include adjustments to ratings and price targets, reflecting their views on Genpact's market conditions and performance. Genpact, a provider of business process management services, has shown a revenue growth of 3.96% and strong financial metrics such as a net margin of 25.41%, ROE of 13.68%, and ROA of 6.2%.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 4:00 pm

FI

Analyst ratings for Fiserv (NYSE:FI) show varied sentiments, with recent updates indicating a shift towards more bullish outlooks. The average 12-month price target has risen to $166.27, reflecting a 6.36% increase from the previous target. Recent analyst actions, including raised ratings and price targets, suggest a positive outlook on Fiserv's performance, driven by its strong market position, revenue growth, and effective cost management despite some challenges in ROE.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 4:00 pm

RELI

An executive from Reliance Industries reported strong sales in the air conditioners category within their consumer electronics segment, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 3:14 pm

TFC

Truist Financial Corporation (NYSE:TFC) reported Q1 adjusted EPS of 90 cents, surpassing the consensus of 80 cents but down from $1.05 a year ago. Revenues fell to $4.87 billion from $5.34 billion, missing the consensus of $5.7 billion. The company experienced a decline in net interest income and average loans, but saw an increase in noninterest income. Truist expects a 2% sequential revenue decline in Q2 and a 4%-5% decline for fiscal 2024. TFC shares dropped 2.16% in premarket trading.

Portfolio Pulse from Vandana Singh

April 22, 2024 | 3:02 pm