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LUXH

LuxUrban Hotels Inc. and Altisource Portfolio Solutions S.A. are highlighted as the top 2 oversold real estate stocks, presenting a buying opportunity. LuxUrban's preliminary Q4 revenue was below estimates, but it saw significant growth in its portfolio and financials, while Altisource reported a narrower-than-expected quarterly loss and is strengthening its financial position despite market challenges.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 5:37 pm

KMX

Recent analyst ratings for CarMax (NYSE:KMX) show a mix of opinions, with an average 12-month price target of $84.62, up 14.74% from the previous target. The ratings reflect varied sentiments, from bullish to bearish, with recent actions including ratings maintenance and adjustments to price targets. CarMax, a leading used-vehicle retailer, faces a revenue decline of -5.49% over the last 3 months but showcases strong financial performance with above-average net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 5:00 pm

JWN

Nordstrom Inc. has appointed Lori Marten as the Executive Vice President and General Merchandising Manager of Nordstrom Rack, its off-price division. This move is part of Nordstrom's strategy to focus on growth and profitability, with plans to open 22 new Rack stores in addition to the 19 opened in 2023. Marten, a 25-year retail veteran, will lead the merchandising team and drive the merchandise strategy for both Nordstrom Rack stores and NordstromRack.com. The company reported a 14.6 percent increase in Rack's sales in the fourth quarter, contributing to Nordstrom's net earnings of $134 million for the quarter.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 4:47 pm

ASPI

ASP Isotopes shares surged following the announcement of a $2 million contract with a U.S.-based SMR company, indicating a positive business development.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 4:28 pm

CXW

CoreCivic (NYSE:CXW) has received mixed analyst ratings in the latest quarter, with 4 analysts offering somewhat bullish perspectives. The average 12-month price target for CXW has been raised to $18.5, indicating a 6.75% increase from the previous target of $17.33. Analysts from Wedbush and Northland Capital Markets have raised their price targets, reflecting optimism about the company's performance. Despite positive revenue growth of 4.2% as of December 31, 2023, CoreCivic's financial indicators such as net margin, ROE, and ROA remain below industry averages, suggesting challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 4:01 pm

HAL

Recent evaluations by 6 financial analysts on Halliburton (NYSE:HAL) show diverse outlooks, ranging from bullish to bearish, with a negative shift in sentiment as the average 12-month price target was decreased by 4.25% to $48.83. Halliburton, a leading oilfield service firm, has shown impressive financial performance with a revenue growth rate of 2.81%, a net margin of 11.52%, and an ROE of 7.13%. The company's debt-to-equity ratio is below the industry average, indicating a healthy balance between debt and equity.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 4:01 pm

BKR

Analysts have diverse views on Baker Hughes (NASDAQ:BKR), with recent ratings ranging from bullish to bearish. The average 12-month price target is now $40.2, down from $42.50, indicating a 5.41% decrease. Analysts from firms like Susquehanna, RBC Capital, Barclays, and Citigroup have adjusted their ratings and price targets. Baker Hughes, a leader in oilfield services and equipment, has seen a 15.75% revenue growth but faces challenges in profitability and asset management.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 4:01 pm

NOV

Analyst ratings for NOV (NYSE:NOV) show mixed sentiments with a recent negative shift, as the average 12-month price target was decreased by 8.89% to $24.6. The company, a leading supplier of oil and gas drilling equipment, has shown strong financial performance with a revenue growth rate of 13.02% and a net margin of 25.52%. Despite the mixed analyst ratings, NOV's financial health indicators such as ROE, ROA, and debt management remain robust.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 4:00 pm

SPY

The New York Federal Reserve's latest survey indicates that the year ahead expected inflation rate remains steady at 3%. However, there's a mixed outlook for the medium to long term, with the 3-year ahead expected inflation rate increasing to 2.9% from February's 2.7%, while the 5-year ahead expectation has decreased to 2.6% from 2.9%. Additionally, the survey forecasts unchanged expectations for home price increases at 3%, but anticipates higher rises in the costs of food, gas, rent, and medical expenses.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 3:01 pm

LPLA

Analyst ratings for LPL Financial Holdings (LPLA) show a mix of bullish and neutral stances, with recent upgrades in price targets. The average 12-month price target is now $276.75, up from $268.43. LPLA's financial performance includes a 13.31% revenue growth and notable ROE and ROA, despite a below-industry net margin and market capitalization.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 3:01 pm