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TSLA

Tesla, Inc. (NASDAQ:TSLA) shares fell over 6% due to a decline in February China sales, with a reported 18.87% decrease year-over-year and a 15.51% decrease from January. The company has initiated a trade-in promotion in the U.S. to boost Q1 sales. Tesla's long-term outlook considers the impact of interest rates on growth stocks and its historical revenue growth rate of 42.28% annually over the past 5 years. Tesla's forward P/E of 64.94 categorizes it as a growth stock.

Portfolio Pulse from Erica Kollmann

March 04, 2024 | 5:01 pm

TNET

In the last three months, 4 analysts have updated their ratings on Trinet Group (TNET), showing a shift from bullish to somewhat bullish. The average 12-month price target is now $140.25, up 10.43% from the previous $127.00. Trinet Group, specializing in outsourced payroll and HR solutions, has shown impressive financial performance with a notable revenue growth rate of 1.55% and a high ROE of 152.27%, despite a high debt-to-equity ratio of 14.58.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:01 pm

WELL

Recent analyst ratings for Welltower (NYSE:WELL) show a mix of bullish and somewhat bullish sentiments, with an average 12-month price target of $100.6, reflecting a 9.05% increase from the previous target. Analysts from Scotiabank, Deutsche Bank, Keybanc, Mizuho, and JP Morgan have adjusted their ratings and price targets, indicating a positive outlook based on Welltower's performance and market dynamics. Welltower, with a diversified healthcare portfolio, shows strong market recognition and revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:01 pm

SHAK

In the last three months, 14 analysts have provided diverse evaluations of Shake Shack (NYSE:SHAK), with ratings ranging from bullish to bearish. The average 12-month price target for SHAK has been raised to $93.21, indicating a 17.85% increase from the previous target of $79.09. Analysts from firms like JP Morgan, UBS, and Raymond James have adjusted their ratings and price targets, reflecting a generally positive outlook on the company's performance. Shake Shack's financial indicators show solid revenue growth and efficient cost management, despite challenges in ROE and ROA compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:00 pm

PNR

Analysts have diverse opinions on Pentair (NYSE:PNR), with recent evaluations showing a mix of bullish to indifferent stances. The average 12-month price target has risen to $81.38, indicating a positive outlook. Pentair, a global leader in water treatment, faces challenges with a -1.82% revenue decline and a high debt-to-equity ratio, but excels in net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:00 pm

F

SOXX

TSLA

Tesla shares dropped due to lower February sales in China, while the semiconductor sector continued to rise. Ford reported an increase in its February sales.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 4:39 pm

F

Ford Motor Co's shares are trading higher following a report of a 10.5% increase in U.S. sales for February.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 4:07 pm

AAL

American Airlines projects its adjusted EBITDAR margin to be around 14% for 2024 and anticipates it to be between 14%-16% for 2025, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 4:05 pm

PRA

ProAssurance (NYSE:PRA) has been the subject of 4 analyst reviews over the past three months, showing a mix of bullish to indifferent sentiments. The average 12-month price target has been adjusted to $18.75, marking a 6.25% decrease. Analysts from Piper Sandler, JMP Securities, and Truist Securities have lowered their price targets, reflecting a cautious outlook on the company's performance. ProAssurance, a provider of professional liability insurance, faces challenges in revenue growth, net margin, ROE, and ROA, lagging behind industry averages.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:01 pm

HES

Hess Corporation (NYSE:HES) has received mixed analyst ratings over the past three months, with a shift towards a neutral stance in the last 30 days. The average 12-month price target for HES has been raised to $175.75, indicating a positive outlook. Analyst actions include both upgrades and downgrades, with price targets ranging from $152.00 to $200.00. Hess, an independent oil and gas producer, reported strong revenue growth and market capitalization but faces challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:01 pm