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IEX

Six analysts have recently updated their ratings on IDEX (NYSE:IEX), with a mix of bullish and somewhat bullish perspectives, and one indifferent. The average 12-month price target for IEX has been raised to $253.17, indicating an 8.94% increase from the previous target. Analysts from firms including Oppenheimer, Citigroup, RBC Capital, and Stifel have adjusted their price targets and ratings, reflecting a positive outlook on IDEX's performance. Despite facing revenue challenges with a -2.69% decline over the last three months, IDEX maintains a strong net margin of 13.77% but shows below-average ROE and ROA. The company, known for manufacturing pumps, flow meters, and valves, has a market capitalization below industry averages and a debt-to-equity ratio of 0.41.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 1:01 pm

OWL

Analyst ratings for Blue Owl Cap (NYSE:OWL) show a mix of bullish to bearish sentiments, with recent updates indicating a positive trend in price target adjustments. The average 12-month price target is now $21.66, reflecting a 12.29% increase from the previous target. Analyst actions include rating upgrades and price target raises, suggesting an optimistic outlook for OWL. The company's financial performance shows significant revenue growth but below-average profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 1:00 pm

MDB

In the past three months, 26 analysts have provided ratings for MongoDB (NASDAQ:MDB), showing a mix of bullish to bearish sentiments. The average 12-month price target is now $447.46, down 4.42% from the previous $468.16. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their views on MongoDB's market position and financial health. MongoDB's financial indicators such as market capitalization, revenue growth, net margin, ROE, and ROA are highlighted as positive, with a debt-to-equity ratio below industry norms.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 1:00 pm

IOT

In the last three months, 10 analysts have provided diverse ratings on Samsara (NYSE:IOT), with recent updates showing a bullish trend. The average 12-month price target for Samsara has been raised to $42.4, marking a 19.64% increase from the previous target. Analysts from firms like Loop Capital, Goldman Sachs, and TD Cowen have adjusted their price targets upwards, reflecting optimism about Samsara's future performance. Samsara's financial indicators such as revenue growth and market capitalization are discussed, highlighting its position in the Information Technology sector despite challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 1:00 pm

CSL

Carlisle Companies (NYSE:CSL) has seen a diverse range of analyst ratings over the last three months, with a shift towards more bullish sentiments in the last 30 days. The average 12-month price target for CSL has increased by 11.71% to $424.5, with recent analyst actions including raised price targets and upgraded ratings, reflecting positive market conditions and company performance. Despite a slight decline in revenue growth (-1.95%) for the last quarter of 2023, Carlisle Companies maintains a strong market presence with superior net margin (18.19%) and ROA (3.05%), though it faces challenges with below-average ROE (7.13%).

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 1:00 pm

WISA

WiSA Technologies, Inc. (NASDAQ:WISA) has announced a significant licensing agreement with a top-three consumer electronics leader for its WiSA E software, marking the fifth such deal. This agreement allows the licensee to embed WiSA E's immersive audio functionality into their devices, eliminating the need for additional hardware. Consumers can activate this feature by purchasing compatible speakers, creating a new revenue stream for WiSA through royalty payments and engineering services. Production of these devices is expected in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 12:48 pm

ALSN

Allison Transmission has partnered with HST Otomotiv to deliver the X1100-5A4 cross-drive transmission for the Next Generation T-155 Firtina Howitzer for the Turkish Armed Forces, expecting to drive $100M of incremental annual revenue in its Defense end market. The initial delivery includes 10 transmissions, with full production scheduled for July 2024, aiming to deliver a total of 140 Firtina Howitzers. The X1100 Series transmission is designed for heavy tracked combat vehicles, offering enhanced maneuverability, fuel efficiency, and low maintenance.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 12:45 pm

AMPX

Amprius Technologies, Inc. has announced receiving multiple purchase orders from AALTO for its SiMaxx 450 Wh/kg high-energy cells, indicating a strong demand for its advanced battery technology.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 12:43 pm

SOAR

Volato Group, Inc. (NYSE:SOAR), the largest HondaJet operator in the U.S., announced its Q1 2024 KPIs, showing growth in total flight hours, a decrease in empty percentage, and a stable demand mix between owner and program & ad hoc flights. Despite challenges like winter weather, the company maintained a strong blended yield and a high Net Promoter Score, indicating continued operational success and customer satisfaction.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 12:43 pm

GOOG

GOOGL

IXP

XLC

Alphabet Inc's Google has initiated another round of job cuts, focusing on the real estate and finance departments as part of its ongoing cost-cutting measures. This move is in response to the economic uncertainties in the tech industry, aiming to streamline operations and align resources with key product initiatives. Despite the layoffs, Google continues to expand internationally and invest in AI, cloud, and hardware, which analysts believe could lead to a re-evaluation of Alphabet's shares. GOOG stock has seen a 49% increase over the last 12 months, with potential exposure through IXP and XLC ETFs.

Portfolio Pulse from Anusuya Lahiri

April 18, 2024 | 12:39 pm