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CRM

Salesforce (NYSE:CRM) has received mixed analyst ratings over the past three months, with a total of 25 analysts providing their perspectives. The recent ratings show a shift towards a more bullish outlook, with no changes in ratings in the last 30 days. Analysts have raised their 12-month price targets for CRM, indicating an average target of $326.12, which is a 10.89% increase from the previous average of $294.09. Key analysts from firms like Citigroup, Canaccord Genuity, and JP Morgan have raised their price targets, reflecting optimism about Salesforce's future performance. Despite positive revenue growth, Salesforce's financial indicators such as net margin, ROE, and ROA are below industry standards, suggesting challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 2:00 pm

RVLV

Analyst ratings for Revolve Group (RVLV) show a mix of bullish and bearish perspectives with a recent average price target of $18.79, up from $16.62. The company faces challenges with a -0.53% revenue decline and below-average profitability metrics. Despite this, analysts have raised their price targets and ratings, indicating a nuanced view of its potential.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:00 pm

ALIT

Six analysts have recently updated their ratings on Alight (NYSE:ALIT), showing a positive shift with an average 12-month price target of $12.33, up 7.22% from the previous $11.50. The ratings range from bullish to somewhat bullish, with no bearish or indifferent stances. Alight's financial performance shows a revenue growth of 1.91% as of December 31, 2023, but struggles with below-average net margin, ROE, and ROA, despite a balanced debt approach.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:00 pm

LINC

Analyst ratings for Lincoln Educational Servs (NASDAQ:LINC) show diverse outlooks, with recent evaluations ranging from bullish to bearish. The average 12-month price target is $12.75, reflecting a 10.87% increase from the previous target of $11.50. Key analysts have maintained or raised their ratings, with price targets ranging from $12.00 to $13.50. Lincoln Educational Servs has shown solid revenue growth of 11.71% as of December 31, 2023, but lags behind industry peers. The company's net margin and ROE outperform industry standards, while its high debt-to-equity ratio poses financial management challenges.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:00 pm

SPT

Sprout Social (NASDAQ:SPT) received mixed ratings from 13 analysts, with an updated average 12-month price target of $74.77, marking an 18.95% increase from the previous target. The company shows strong revenue growth but struggles with profitability and asset utilization. Analysts' actions, including rating changes and price target adjustments, reflect their evolving view on the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:00 pm

SNPS

Synopsys (NASDAQ:SNPS) has been evaluated by 7 analysts over the last three months, showing a predominantly bullish outlook with 6 bullish and 1 somewhat bullish ratings. The average 12-month price target for SNPS has been raised to $637.14, up from $624.80. Analysts from firms including Rosenblatt, Baird, Needham, Stifel, and B of A Securities have maintained or raised their price targets, reflecting positive sentiment towards the company's market position, revenue growth, and financial health.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:00 pm

DRI

During a conference call, an executive from Darden Restaurants reported that unfavorable winter weather had a negative impact on January traffic. Additionally, it was noted that lower-income consumers are reducing their spending at Darden's establishments, aligning the mix of guests based on income with pre-COVID levels.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 12:41 pm

WBX

Wallbox (NYSE:WBX) and Bidirectional Energy have been awarded $2.2M by the California Energy Commission for a project involving the installation of Wallbox's Quasar 2 bidirectional chargers in 120 California homes. These chargers, managed by Bidirectional Energy's VPP platform, aim to provide energy backup, reduce utility bills, and offer financial rewards by leveraging vehicle-to-grid technology. The project supports California's clean energy goals and the transition to renewable energy, with potential savings for users exceeding $1,000 annually.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 12:33 pm

ALUR

Allurion projects its FY24 revenue to be in the range of $60M to $65M.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 12:10 pm

LIQT

LiqTech International projects its Q1 FY24 sales to be between $4.1 million and $4.3 million.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 12:07 pm