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INSP

Inspire Medical Systems (NYSE:INSP) received mixed analyst ratings with a recent shift towards a more bullish outlook. The latest ratings from 7 analysts show an increase in the average 12-month price target to $267.57, up 8.47% from the previous $246.67. Analyst actions include maintaining and raising price targets, reflecting positive market conditions and company performance. Inspire Medical Systems, specializing in minimally invasive solutions for obstructive sleep apnea, shows strong revenue growth and solid financial performance, despite challenges in profitability and equity capital utilization.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:01 pm

SQ

In the past three months, 23 analysts have provided diverse ratings for Block (NYSE:SQ), with a recent shift towards more bullish sentiments. The average 12-month price target for SQ has been raised to $89.83, up 8.73% from $82.62, reflecting positive adjustments by analysts. Key financial indicators show Block's revenue growth outpacing peers, but challenges in profitability and efficiency metrics like net margin, ROE, and ROA. The company's conservative debt management is noted with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:01 pm

JWN

Analysts have varied opinions on Nordstrom (JWN), with recent ratings showing a mix of indifference and slight bearishness. The average 12-month price target is $17.9, reflecting a 9.15% increase from the previous target. Analyst actions include maintaining, raising, and lowering ratings and price targets, indicating a nuanced view of Nordstrom's market performance. The company's financial health is highlighted by its market capitalization, revenue growth, net margin, ROE, ROA, and debt management, suggesting a complex but potentially promising investment landscape.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:01 pm

RRR

Recent analyst ratings for Red Rock Resorts (NASDAQ:RRR) show a predominantly bullish outlook, with 12 analysts offering insights that led to an average 12-month price target of $61.75, reflecting a 12.09% increase from the previous target. The company's financial overview highlights a below-industry-average market capitalization, notable revenue growth of 8.75% over three months, exceptional net margin and ROE, impressive ROA, but a high debt-to-equity ratio indicating substantial debt.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:00 pm

ACM

AECOM (NYSE:ACM) received mixed analyst ratings with an updated average 12-month price target of $104.6, reflecting a 6.73% increase from the previous target. The analysis included ratings from Keybanc, Truist Securities, Barclays, RBC Capital, and Baird, with adjustments indicating a generally positive outlook. AECOM's financial performance shows robust revenue growth and strong ROE, despite challenges in net margin, ROA, and high debt levels. The company's significant scale and market position are highlighted by its global presence and sales figures.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:00 pm

BLFS

META

PSTG

SCVL

Insiders at Meta Platforms, Pure Storage, Shoe Carnival, and BioLife Solutions have recently sold shares. These sales could indicate various strategic decisions or perspectives on the company's valuation. Meta Platforms introduced new AI features, Pure Storage received a positive outlook from Susquehanna, Shoe Carnival reported a slight sales decline, and BioLife Solutions divested its Stirling Freezer Business.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 12:00 pm

ES

Eversource Energy (ES) has agreed to sell its 50% stake in Sunrise Wind to Ørsted, conditional on the project's selection by NYSERDA in New York's latest offshore wind energy bid. The deal, expected to close later this year, follows Sunrise Wind's successful bid in February 2024.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:54 am

REAX

The Real Brokerage Inc. (REAX) has expanded its presence in Chicago and the surrounding states by adding Qamar Group to its team. Qamar Group, led by CEO Rafay Qamar and COO Jana Pierce, brings 36 agents and a track record of selling over 1,500 homes valued at $500 million since 2019. The group is recognized among the top 1% of teams in Illinois and has received numerous awards, including the Carly Award from the Chicago Association of Realtors for three consecutive years. This partnership aligns with Real's mission to support agents in growing their businesses and enhancing client service.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:37 am

NTRB

Nutriband announced an $8.4M private placement for 2.10M shares at $4 each, targeting FDA approval for AVERSA Fentanyl by Q1 2025. The deal includes warrants with a $6.43 exercise price. Funds will support AVERSA's clinical development, aiming for peak annual sales of $80M-$200M.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:25 am

YS

YS Biopharma Co reported sales of $61.9M for the 9 months leading up to 2024, indicating the company's financial performance during this period.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:12 am