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HIG

Analyst ratings for Hartford Financial Services Group Inc (NYSE:HIG) show a mix of bullish to bearish sentiments, with an average 12-month price target of $103.38, reflecting an 8.68% increase from the previous target. The company's financial performance indicates a revenue growth of 8.14% but faces challenges in net margin, ROE, and ROA, suggesting potential difficulties in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:00 pm

ADSK

Over the last three months, 21 analysts have provided diverse ratings for Autodesk (NASDAQ:ADSK), with a shift towards more bullish sentiments in the recent 30 days. The average 12-month price target for ADSK has been raised to $283.1, up 12.65% from the previous target. Analysts have adjusted their ratings and price targets, reflecting a positive outlook on Autodesk's performance and market position. Despite challenges in revenue growth and net margin compared to industry peers, Autodesk's strong ROE and ROA indicate financial health. The company's debt-to-equity ratio suggests potential financial challenges.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:00 pm

KMPR

Five analysts have updated their ratings on Kemper (NYSE:KMPR), showing a shift towards a more bullish stance over the last three months. The average 12-month price target has been raised to $66.6, reflecting a 10.63% increase from the previous target. Analysts from firms including Piper Sandler, UBS, and Raymond James have raised their price targets, indicating positive sentiment towards Kemper's stock. Despite this, Kemper faces challenges such as a decline in revenue, below-average net margin, ROE, and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:00 pm

PBF

Analyst ratings for PBF Energy (NYSE:PBF) have varied over the last quarter, with recent evaluations showing a mix of bullish and neutral stances. The average 12-month price target for PBF is now $58.86, marking a 3.26% increase from the previous target. Analysts from firms like JP Morgan, Mizuho, Wells Fargo, and B of A Securities have adjusted their ratings and price targets, reflecting changing market conditions and company performance. PBF Energy, an independent petroleum refiner, faces challenges in revenue growth, net margin, ROE, and ROA, trailing behind industry averages.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:00 pm

TSLA

A recent survey suggests Tesla Inc. (NASDAQ:TSLA) may face a sales dip due to CEO Elon Musk's controversial public image. The company's 'consideration score' among consumers dropped significantly, and analysts predict a mere 3% increase in Tesla sales, contrasting with a 15% rise in overall U.S. electric vehicle sales for the first quarter. Tesla's stock has fallen nearly 30% year to date, with analysts lowering target prices in anticipation of disappointing first-quarter delivery results.

Portfolio Pulse from Benzinga Neuro

April 01, 2024 | 2:32 pm

AAPL

AMZN

CMCSA

DIS

NFLX

PARA

WBD

A new survey by Self Financial reveals AppleTV+ as the streaming platform with the smallest library but the highest rated content according to IMDb scores. Despite its size, AppleTV+ leads in content quality with a score of 7.01 out of 10. Prime Video has the largest library, and Netflix has the highest number of shows rated 8 or above. The study also notes the average consumer spends $52.97 per month on streaming services, with a Deloitte survey indicating an average spend of $61 on SVOD services. Apple's investment in blockbuster movies and sports rights, despite mixed box office success, underscores its strategy to prioritize quality, positioning AppleTV+ as a competitive choice for consumers focusing on content quality.

Portfolio Pulse from Chris Katje

April 01, 2024 | 2:30 pm

WETH

Wetouch Technology Inc. (NASDAQ:WETH) preannounced its 2023 revenue of $39.71M, up from $37.92M in 2022, despite a slight decrease in net income from $8.73M to $8.31M. The company attributes its revenue growth to strategic partnerships and anticipates further increases in revenue and net income in 2024.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:27 pm

NKLA

Nikola Corp (NASDAQ:NKLA) shares rose after announcing legal action against EMBR Motors and individuals involved in a takeover attempt following the sale of the Badger electric pickup truck assets. Nikola accuses EMBR and associates of violating an agreement by involving Nikola's disgraced founder, Trevor Milton. The company's FY23 revenue declined by 28.62%, influenced by various factors including the macroeconomic environment. Nikola's stock was up 5.77% at $1.10.

Portfolio Pulse from Adam Eckert

April 01, 2024 | 2:22 pm

D

The Virginia State Corporation Commission approved over a dozen new solar projects for Dominion Energy Virginia, totaling 764 MW of electricity, enough to power nearly 200,000 homes. These projects, including both owned and PPAs, will support over 1,600 jobs and generate $570 million in economic benefits. Dominion Energy's solar fleet will exceed 4,600 MW upon completion, making it the second largest in the nation. The projects are expected to be completed by 2026, with an estimated cost increase of $1.54 to the average residential monthly bill.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:03 pm

SPY

USA Construction Spending for February decreased by 0.3% month-over-month, underperforming against the estimated 0.7% increase and also lower than the previous month's -0.2%.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:01 pm