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AAPL

Apple shares are trading lower due to a decrease in iPhone sales in China.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 3:10 pm

STRA

Four analysts have recently updated their evaluations of Strategic Education (NASDAQ:STRA), showing a mix of bullish to indifferent sentiments. The average 12-month price target for STRA has increased by 20.8% to $120.5, with individual targets ranging from $110.00 to $125.00. This positive shift is supported by the company's strong financial performance, including a 12.14% revenue growth, a net margin of 12.93%, and an exceptional return on equity (ROE) of 2.41%. Strategic Education operates through Strayer University, Capella University, and Torrens University, offering high-quality education and job-ready skills training.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:02 pm

AMRC

Ameresco (NYSE:AMRC) has been analyzed by 4 analysts, showing a shift from bullish to somewhat bullish in the last 30 days. The average 12-month price target is now $36.25, down 13.17% from the previous $41.75. Analysts from Piper Sandler, Canaccord Genuity, B. Riley Securities, and B of A Securities have adjusted their ratings and price targets, reflecting changing market conditions and Ameresco's performance. Despite a challenging revenue growth of -24.05% over the last 3 months, Ameresco maintains a strong net margin of 6.34% but faces challenges in ROE, ROA, and a high debt-to-equity ratio of 1.71.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:01 pm

VAC

Marriott Vacations (NYSE:VAC) received mixed analyst ratings, with a recent shift towards a more bullish outlook. Six analysts provided ratings, showing an increase in bullish sentiment over the last 30 days. The average 12-month price target is $113.33, up 7.52% from the previous $105.40. Analysts from firms like Truist Securities and JMP Securities have raised their price targets, reflecting optimism about the company's performance. Despite this, Marriott Vacations faces challenges in market capitalization, revenue growth, net margin, ROE, and ROA, indicating potential hurdles in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:01 pm

AMAT

Applied Materials (NASDAQ:AMAT) has seen varied analyst opinions over the past three months, with a shift towards more neutral stances in the last 30 days. The average 12-month price target for AMAT has been raised to $205.8, indicating a 22.54% increase from the previous target. Analysts have adjusted their ratings and price targets based on market conditions and company performance, with several maintaining or raising their outlooks. Applied Materials, a leading semiconductor equipment manufacturer, faces revenue challenges but showcases strong financial metrics such as net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:01 pm

ESI

Element Solutions (NYSE:ESI) has received mixed analyst ratings over the last three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for ESI is now $26.25, reflecting a 7.14% increase from the previous target. Analysts from Goldman Sachs, Barclays, Mizuho, and UBS have adjusted their ratings and price targets, indicating a nuanced view of the company's prospects. Element Solutions, a specialty chemicals company, faces challenges in revenue growth but excels in net margin, ROE, and ROA, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:01 pm

BIIB

21 analysts provided mixed ratings for Biogen (NASDAQ:BIIB) with a downward trend in the 12-month price target, now averaging $299.05, 5.62% lower than the previous $316.85. The analysis reflects adjustments in ratings and price targets by key analysts due to changing market conditions and Biogen's performance. Despite the diverse ratings, the company faces challenges in financial performance, with a -6.2% revenue decline, below industry benchmarks in net margin, ROE, and ROA, and a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:00 pm

AVAV

AeroVironment Inc (NASDAQ:AVAV) shares rose after reporting Q3 financial results that exceeded expectations, with revenue of $186.6 million and EPS of 63 cents, surpassing estimates. The company also provided an optimistic outlook for FY 2024, expecting revenue between $700 million and $710 million and adjusted earnings between $2.69 and $2.83 per share. AeroVironment's growth is driven by strong demand, particularly in the Loitering Munition Systems segment, and a solid funded backlog of $462.8 million.

Portfolio Pulse from Adam Eckert

March 05, 2024 | 2:47 pm

SEMR

SEMrush Holdings, Inc. (NYSE:SEMR) shares dropped after reporting Q4 FY23 results with a 21% Y/Y revenue increase to $83.39 million, beating consensus but with a lower future revenue outlook than expected. The company also reported an EPS of $0.05, surpassing consensus, and anticipates a revenue of $364 million-$368 million for FY24, slightly below the $368.81 million estimate.

Portfolio Pulse from Lekha Gupta

March 05, 2024 | 2:32 pm

WAVD

Firefly Neuroscience, Inc. announced findings from a white paper titled 'Brain Network Analytics (BNA) in the Psychiatric Practice: Real-Life Data Analysis', showcasing the significant impact of its BNA™ Platform on disease management in 2,253 U.S patients. The FDA-approved tool demonstrated improvements in treatment compliance, medication selection, and overall patient outcomes for major depressive disorder, generalized anxiety disorder, and ADHD. Additionally, Firefly is set to merge with WaveDancer, Inc. (NASDAQ:WAVD), pending stockholder approval.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:18 pm