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GH

Analyst ratings for Guardant Health (NASDAQ:GH) show a mix of bullish and somewhat bullish outlooks, with no changes in the last 30 days. The average 12-month price target is now $38.8, down from $47.20, indicating a 17.8% decrease. Analysts from Piper Sandler, JP Morgan, Canaccord Genuity, and Goldman Sachs have lowered their price targets. Guardant Health, a leader in liquid-based cancer tests, has shown a revenue growth rate of 22.19% as of December 31, 2023, but struggles with profitability and debt management.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

PFG

Principal Financial Group (NASDAQ:PFG) was analyzed by 5 analysts, showing a consensus towards a neutral stance with 4 indifferent and 1 somewhat bearish ratings. The average 12-month price target for PFG has been raised to $81.6, up 4.62% from $78.00, indicating a positive outlook. Analysts from firms including Piper Sandler and Morgan Stanley adjusted their price targets and ratings, reflecting recent market conditions and company performance. Despite this, PFG faces challenges with a -14.6% revenue decline, a net margin of -32.4%, and below-average ROE and ROA, suggesting difficulties in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

DIS

Disney (NYSE:DIS) is set to begin its password-sharing crackdown in June, aiming to increase subscriber engagement and achieve profitability in its streaming business by the fiscal year's end. The policy, initially affecting new Disney Plus subscribers in January and extended to existing members in March, will see a global rollout in September. Disney's CFO confirmed that subscribers suspected of password sharing would need to sign up for their own subscriptions this summer. Additionally, Disney's recent merger of the Disney Plus and Hulu apps is part of its strategy to enhance user experience and reduce churn.

Portfolio Pulse from Rounak Jain

April 05, 2024 | 2:58 pm

USGDF

Copper's role in the global economy is evolving due to its critical role in the energy transition from fossil fuels to renewables. Eric Saderholm of American Pacific Mining Corp. (USGDF) highlights copper's decoupling from other industrial metals like aluminum and zinc, driven by an anticipated acute supply shortage. This shortage, exacerbated by the demand for electrification, is expected to lead to a deficit of 1.3 million metric tons by 2027, with a 20% shortfall projected by 2031 despite efforts in mining and recycling. By 2045, global demand could double, making copper a unique market with its own investment narrative.

Portfolio Pulse from Matt Whittaker

April 05, 2024 | 2:39 pm

CIVI

Civitas Resources (NYSE:CIVI) has received mixed analyst ratings over the past quarter, with a recent shift towards more bullish sentiments. The average 12-month price target for CIVI has been raised to $95.67, indicating a positive outlook. Analysts from firms like Mizuho, Piper Sandler, Truist Securities, and Keybanc have adjusted their ratings and price targets, reflecting dynamic market conditions and Civitas Resources's performance. The company, engaged in oil and gas exploration in the Rocky Mountain region, has shown impressive revenue growth of 38.38% as of December 31, 2023, but faces challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:01 pm

ZG

12 analysts have recently reviewed Zillow Gr (NASDAQ:ZG), showing a mix of bullish to bearish sentiments. The average 12-month price target is $64.17, indicating a 20.42% increase from the previous target. Analysts' actions range from maintaining to raising ratings, with price targets adjusted accordingly. Zillow Gr's financial performance shows positive revenue growth and effective equity capital utilization but faces challenges in net margin and profitability.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:01 pm

SKT

Recent analyst ratings for Tanger (NYSE:SKT) show a mix of perspectives, with an average 12-month price target of $30.25, indicating an 11.01% increase from the previous target. The ratings reflect adjustments based on market conditions and Tanger's performance, including a positive revenue growth rate of 9.46% as of December 31, 2023, and an impressive ROE of 4.44%. However, challenges such as a below-average net margin and a high debt-to-equity ratio are noted.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:00 pm

ULCC

Frontier Group Holdings (NASDAQ:ULCC) was analyzed by 6 analysts, showing a shift towards a more neutral stance with 1 somewhat bullish and 5 indifferent ratings. The average 12-month price target is now $7.75, up from $7.25, with adjustments from analysts at Barclays, Evercore ISI Group, UBS, Susquehanna, B of A Securities, and Morgan Stanley. The company faces challenges with a revenue decline of -1.66% and a high debt-to-equity ratio but maintains a strong net margin and ROA.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:00 pm

RDY

Dr. Reddy's Laboratories Ltd. (RDY) and Bayer have formed a partnership to market and distribute a second brand of Vericiguat, named Gantra, in India. This agreement grants Dr. Reddy's non-exclusive rights to sell Gantra, aimed at treating adults with symptomatic chronic heart failure. Vericiguat represents a novel approach in heart failure treatment, potentially reducing cardiovascular death and hospitalization risks. India, with 8-10 million heart failure patients, represents a significant market for this treatment.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 1:46 pm

MPC

Marathon Petroleum (NYSE:MPC) has seen varied analyst opinions over the past three months, with recent updates showing a bullish trend. Analysts have raised their price targets, reflecting a positive outlook with an average 12-month target of $204.7, a 16.77% increase from the previous average. Despite a -8.94% decline in revenue growth as of December 31, 2023, the company's financial health appears strong, with a notable net margin of 4.0% and an ROE of 5.77%. The company's market capitalization is above the industry average, indicating investor confidence.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 1:01 pm