Streetbeat News

Revenues

TRIP

TripAdvisor (NASDAQ:TRIP) has been analyzed by 11 analysts, showing a mix of opinions with 3 bullish and 8 indifferent ratings. The average 12-month price target is $25.45, up 19.32% from the previous $21.33. Analysts from firms like Truist Securities, Goldman Sachs, and Mizuho have raised their price targets, reflecting optimism about TripAdvisor's financial performance, which includes a 10.17% revenue growth and an 8.21% net margin. However, the company's high debt-to-equity ratio of 1.05 poses a challenge.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:01 pm

ACM

AECOM (NYSE:ACM) has received mixed analyst ratings over the past three months, with a recent shift towards a more bullish outlook. The average 12-month price target has been raised to $104.4, indicating a 9.89% increase from the previous target. Analysts from firms like Truist Securities, Barclays, RBC Capital, Baird, and Keybanc have adjusted their ratings and price targets, reflecting changes in market conditions and AECOM's performance. AECOM, a global provider of design, engineering, and construction services, has shown strong revenue growth and market capitalization, despite challenges in net margin and asset utilization.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:01 pm

DE

Recent analyst ratings for Deere (NYSE:DE) show a mix of bullish and bearish perspectives, with an average 12-month price target of $428.14, reflecting a slight increase from the previous target. Analyst actions include both upgrades and downgrades, with price targets ranging from $387.00 to $494.00. Deere's financial health indicators such as market capitalization, revenue decline, net margin, ROE, ROA, and debt management are also discussed, highlighting its strong market position despite some challenges.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:01 pm

ABNB

Airbnb (NASDAQ:ABNB) has received mixed reviews from 17 analysts over the past quarter, with recent assessments showing a shift towards a more neutral stance. The average 12-month price target for ABNB has increased to $146.29, up from $133.86, with a high estimate of $180.00 and a low of $110.00. Analyst actions include various adjustments to ratings and price targets, reflecting changing market conditions and company performance. Airbnb's financial indicators show strong revenue growth but below-average profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:00 pm

RELL

Richardson Electronics, Ltd. (NASDAQ:RELL) has completed the first phase of the largest retrofit of ultracapacitors for pitch energy modules in North America, installing over 50,000 ULTRA3000® units. These modules, a replacement for toxic lead-acid batteries in wind turbines, offer environmental benefits and cost savings. The achievement supports the company's growth in the renewable energy market, with plans to expand globally.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 3:07 pm

CHRD

In the last three months, 8 analysts have provided diverse ratings on Chord Energy (NASDAQ:CHRD), with a recent shift towards bullish perspectives. The average 12-month price target has increased to $203.38, reflecting a positive sentiment. Analysts from firms like Mizuho, Piper Sandler, Stifel, and Truist Securities have adjusted their price targets and ratings, indicating a bullish outlook. Chord Energy, an independent exploration and production company, has shown a decline in revenue growth by -5.01% but maintains a strong net margin of 31.5% and a low debt-to-equity ratio of 0.11.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 3:01 pm

COP

Analyst reviews for ConocoPhillips (NYSE:COP) show mixed sentiments with a recent average price target of $134.0, down from $138.43, reflecting a 3.2% decrease. The company faces challenges with a -20.63% revenue decline and below-average profitability metrics. Despite this, its prudent debt management is noted. The analysis includes recent ratings adjustments from analysts at Piper Sandler, UBS, Scotiabank, Susquehanna, Raymond James, and Mizuho.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 3:01 pm

HST

In the past three months, 6 analysts have updated their ratings on Host Hotels & Resorts (NASDAQ:HST), showing a mix of bullish to indifferent views. The average 12-month price target is now $22.83, up from $20.17, indicating a 13.19% increase. Analysts from firms like Truist Securities, Stifel, B of A Securities, Oppenheimer, Jefferies, and Wells Fargo have raised their price targets, reflecting optimism about HST's market position, revenue growth, and financial performance. Host Hotels & Resorts, owning 77 luxury hotel properties, shows strong market capitalization, revenue growth, net margin, ROE, ROA, and prudent debt management.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 3:00 pm

MSOS

VRNOF

Verano Holdings (OTC:VRNOF), a marijuana company, is valued at $2.1 billion, outpacing its expected 2024 earnings despite a forecasted 5-7% dip in Q1 2024 sales, mainly due to retail pressures in New Jersey. The company has seen mixed performance across key states, with significant growth in Florida but declines in Illinois, New Jersey, Arizona, and Pennsylvania. However, it has shown resilience with a 16% stock increase over the past 90 days. The broader MSOS ETF (NYSE:MSOS) outperformed Verano with a 23% gain. The financial outlook remains positive, with potential growth drivers including state-level cannabis legalization and the SAFER Banking Act.

Portfolio Pulse from Nicolás Jose Rodriguez

March 14, 2024 | 2:42 pm

GRFS

Grifols announces its ongoing commitment to reducing leverage by improving EBITDA and through the proceeds from the sale of its 20% stake in Shanghai Raas (SRAAS) for $1.8 billion. The sale is on track to close in the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 2:02 pm