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URI

Recent analysis of United Rentals (NYSE:URI) by 10 analysts shows a mix of bullish to bearish sentiments, with an updated average 12-month price target of $621.4, marking a 29.23% increase from the previous target. Analyst actions include rating changes and price target adjustments, reflecting dynamic market conditions and company performance. United Rentals, the world's largest equipment rental company, has shown notable revenue growth, efficient cost management, and strong financial health, with a market capitalization and performance metrics above industry averages.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

IBM

9 analysts have recently shared mixed evaluations of IBM, with an updated average 12-month price target of $190.22, reflecting an 11.8% increase from the previous target. The ratings range from bullish to bearish, with several analysts raising their price targets and ratings based on IBM's market dynamics and performance. IBM's financial performance shows positive revenue growth, high net margin, and strong ROE and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

PEG

Public Service Enterprise (NYSE:PEG) has received mixed analyst ratings, with a recent shift towards more bullish perspectives. The average 12-month price target is now $65.8, slightly up from $65.75. Analysts from firms like Barclays and RBC Capital have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Despite facing a revenue decline of -17.01% as of December 31, 2023, PEG's financial health remains strong, with notable net margin, ROE, and ROA figures surpassing industry benchmarks.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

FMST

Foremost Lithium CEO Jason Barnard stated that the current slump in lithium prices is temporary and raising capital is challenging due to high interest rates affecting EV growth expectations. Despite this, long-term demand for lithium remains strong, supported by government initiatives in North America to strengthen domestic supply chains for EV minerals. Foremost Lithium (NASDAQ:FMST) is seeking CAD 10 million from Canada's Critical Mineral Infrastructure Fund for a project in Manitoba and has commenced drilling at its Jean Lake property.

Portfolio Pulse from Matt Whittaker

March 14, 2024 | 12:43 pm

OSIS

OSI Systems, Inc. (OSIS) has received a $15 million order from a healthcare OEM for electronic sub-assemblies through its Optoelectronics and Manufacturing division. This order is for innovative medical technology components.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:35 pm

MLSS

Milestone Scientific has initiated the sales of its CompuFlo Epidural System to Omaha Pain Physicians, marking a significant step in the company's expansion in the medical device market. This move could potentially increase Milestone's market share and revenue in the pain management sector.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:34 pm

SPY

Retail sales in February increased by 0.6%, which is below the expected 0.8% but an improvement from the previous month's decline of 0.8%.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:30 pm

AMRC

Ameresco, Inc. (NYSE:AMRC) has announced a contract to implement energy efficiency upgrades and emissions reductions at Canadian Forces Base Edmonton, covering 124 buildings. The project aims to save over $2 million annually in energy costs and reduce greenhouse gas emissions by more than 27%. It includes installing LED lighting, upgrading heating systems, and introducing renewable energy sources. The project, creating 125 jobs, is in the design stage with full completion expected by the end of 2026.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:19 pm

CION

CION Investment Corporation (CION) reported Q4 earnings of $0.40 per share, missing the consensus estimate of $0.41 by 2.44%. Year-over-year, earnings decreased by 6.98% from $0.43 per share. Quarterly sales were $60.00 million, exceeding estimates of $58.33 million by 2.86% and marking an 8.11% increase from the previous year's $55.50 million.

Portfolio Pulse from Happy Mohamed

March 14, 2024 | 12:15 pm

APLD

Applied Digital Corporation (APLD) has secured a $75M contract with AI company Together AI, receiving an $18M prepayment. APLD has onboarded one compute cluster of GPUs for Together AI and provided access to a second cluster, featuring H100 GPUs and NVLink technology. This partnership aims to meet the demands of AI and HPC markets, with APLD's infrastructure designed for high-performance computing applications.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:11 pm