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USO

The U.S. Energy Information Administration (EIA) has projected a marginal increase in oil output from the top shale-producing regions in April, reaching the highest level since December 2023. This information was reported by Reuters.

Portfolio Pulse from Happy Mohamed

March 18, 2024 | 4:13 pm

SOL

Solana (SOL) experienced an 8% gain, reaching all-time high levels, driven by a significant whale deposit of 200,000 SOL ($39.85M) into Binance and a surge in interest in Solana-based meme coins. The cryptocurrency's weekly gain stands at 40%, with its valuation surpassing BNB's. Solana's total value locked is at $4.3 billion, indicating a 119% growth over the past month. Interest in Solana and its altcoins, including Dogwifhat and Jito Network, is increasing, with potential for significant gains.

Portfolio Pulse from Khyathi Dalal

March 18, 2024 | 4:08 pm

SLG

SL Green Realty (NYSE:SLG) received mixed analyst ratings, with a shift towards a more bearish outlook in the last 30 days. The average 12-month price target is now $48.5, up from $44.25, indicating a 9.6% increase. Analysts from Evercore ISI Group, Deutsche Bank, Piper Sandler, Truist Securities, and Goldman Sachs provided updates, with price targets ranging from $36.00 to $58.00. SL Green Realty, a major Manhattan property owner, faces challenges with a -6.85% revenue decline and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 4:01 pm

SUI

Sun Communities (NYSE:SUI) received mixed analyst ratings over the past three months, with 3 somewhat bullish and 2 indifferent ratings. The average 12-month price target for SUI is $144.8, reflecting a slight increase from the previous target. Analysts from Truist Securities, Barclays, BMO Capital, and JMP Securities have adjusted their ratings and price targets, indicating varying expectations for the company's performance. Sun Communities, a residential REIT, has shown solid revenue growth but struggles with profitability and efficiency metrics compared to industry averages.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 4:00 pm

RWAY

Runway Gwth Fin (NASDAQ:RWAY) has been evaluated by 4 analysts over the last three months, showing a mix of bullish and indifferent ratings. The average 12-month price target has been lowered to $13.06 from $14.12, indicating a 7.51% decrease. The company's financials reveal challenges, including a significant revenue decline of -90.98% and a net margin of -229.17%, suggesting difficulties in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 4:00 pm

CXT

Crane NXT (NYSE:CXT) has received updated analyst ratings, with a unanimous bullish outlook from 4 analysts in the last three months. The average 12-month price target is now $85.00, marking an 8.52% increase from the previous $78.33. This adjustment reflects positive sentiment based on Crane NXT's recent performance, including a revenue growth rate of 5.53%, a net margin of 13.87%, and an ROE of 5.39%. However, the company's debt-to-equity ratio of 0.72 indicates a higher level of debt.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 4:00 pm

GMED

Analyst ratings for Globus Medical (NYSE:GMED) show a diverse range of opinions, with recent updates indicating a generally positive outlook. Over the past quarter, 6 analysts have provided ratings, with the latest 12-month price targets suggesting an average increase of 6.83% to $63.83. Recent analyst actions include upgrades and maintenance of buy and hold ratings, reflecting changes in market dynamics and company performance. Globus Medical, a medical device company, has shown significant revenue growth of 124.6% as of December 31, 2023, but faces challenges in net margin, ROE, and ROA, indicating potential areas for improvement in profitability and asset management.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:01 pm

VNT

Vontier (NYSE:VNT) received mixed analyst ratings with a trend towards bullishness, as evidenced by 6 recent evaluations. The average 12-month price target for VNT is $44.83, marking a 12.07% increase from the previous target. Analysts from firms like Argus Research and Goldman Sachs have raised their price targets, reflecting optimism about Vontier's future performance despite a recent revenue decline of -9.51% and a high debt-to-equity ratio. Vontier, an industrial technology company, has shown strong financial health with a net margin of 13.46% and an ROE of 12.87%.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:01 pm

CIFR

Eight analysts have recently shared their views on Cipher Mining (NASDAQ:CIFR), with ratings ranging from bullish to bearish. The average 12-month price target is now $5.06, down from $6.00, indicating a 15.67% decrease. Cipher Mining has shown remarkable financial performance, with a revenue growth rate of 1329.67% as of December 31, 2023, a net margin of 25.88%, and an ROE of 2.69%. The company's debt-to-equity ratio is 0.04, reflecting prudent financial management.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:00 pm

PD

In the last three months, PagerDuty (NYSE:PD) received mixed analyst ratings, shifting from indifferent to bullish. The average 12-month price target for PD increased to $27.25, up 2.17% from $26.67. Analyst actions included rating changes and price target adjustments, reflecting updated market conditions and company performance. PagerDuty's financials show a 15.41% revenue growth, a net margin of -13.91%, and an ROE of -6.95%, with a debt-to-equity ratio of 2.73.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:00 pm