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DKNG

17 analysts have recently shared their evaluations of DraftKings (NASDAQ:DKNG), showing a mix of bullish and bearish perspectives. The average 12-month price target for DKNG has been raised to $49.47, up 13.62% from the previous $43.54, with a high estimate of $60.00 and a low of $28.00. Analysts from firms like UBS, Morgan Stanley, and Barclays have raised their price targets, reflecting optimism about DraftKings's market performance and growth potential. DraftKings, known for its online sports and casino gambling, has shown significant revenue growth of 43.94% as of December 31, 2023, but faces challenges with net margin and ROE below industry averages.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 12:00 pm

BLUE

bluebird bio (NASDAQ:BLUE) was analyzed by 6 analysts, showing a shift towards a more bearish outlook over the last 30 days. The average 12-month price target is now $6.17, down 20.08% from the previous average, with a high estimate of $12.00 and a low of $1.02. Analysts from firms including HSBC, B of A Securities, Wells Fargo, Baird, and Morgan Stanley have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. bluebird bio's financials indicate strong revenue growth but challenges in profitability, asset utilization, and debt management.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 12:00 pm

SE

Recent analyst evaluations of Sea (NYSE:SE) show diverse outlooks, with a shift towards more bullish sentiments in the last 30 days. The average 12-month price target for SE has increased by 19.77% to $53.00, with a high estimate of $70.00 and a low of $42.00. Sea, known for its e-commerce platform Shopee and gaming business Garena, has shown solid revenue growth and strong financial indicators, outperforming industry averages in market capitalization, net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 12:00 pm

EQIX

Equinix (NASDAQ:EQIX) has received diverse analyst ratings over the last three months, with a recent shift towards a more positive outlook. The average 12-month price target for EQIX has increased to $755.25, up 4.03% from $726.00. Analysts from firms like Barclays, RBC Capital, Wells Fargo, BMO Capital, Truist Securities, and Morgan Stanley have adjusted their ratings and price targets, reflecting dynamic market conditions and Equinix's performance. Equinix operates 260 data centers globally and has shown a revenue growth rate of 12.81% as of December 31, 2023, outperforming its industry peers despite challenges in net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 12:00 pm

RSKD

Riskified Ltd projects its FY24 revenue to be between $323M and $335M, which is below the estimated $338.24M. The company also forecasts an adjusted EBITDA of $10M to $17M for the same period.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 11:49 am

SEAT

Vivid Seats projects its FY24 revenues to be between $810M-$840M, compared to the market estimate of $822.75M. The company also forecasts its adjusted EBITDA to range from $160M-$170M.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 11:42 am

SEAT

Vivid Seats reported Q4 sales of $198.30M, surpassing the $183.67M estimate, marking a 20.19% increase YoY. Marketplace GOV rose 31% YoY to $1.112.3B, ending the quarter with $125.48M in cash & equivalents.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 11:41 am

MYE

Myers Industries projects a sales growth of 15% to 20% for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 11:33 am

NIO

NIO Inc. projects its Q1 2024 revenue to range between $1.48B and $1.56B, with vehicle deliveries estimated at 31,000 to 33,000 units. This forecast suggests a slight decrease to a moderate increase in both revenue and deliveries compared to Q1 2023.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 10:07 am

EWU

The U.K. Services Purchasing Managers Index (PMI) for February was reported at 53.8, slightly below the estimated 54.3 and equal to the prior month's figure. This indicates a slight underperformance in the U.K. services sector compared to expectations.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 9:35 am