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PYPL

Analysts have varied opinions on PayPal Holdings (NASDAQ:PYPL), with recent ratings showing a shift towards a more cautious stance. The average 12-month price target has been adjusted to $67.21, down 8.41% from $73.38, reflecting recent analyst actions including both upgrades and downgrades. PayPal's financial indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management are highlighted, showcasing its market standing and financial health.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 6:00 pm

UMGNF

WBD

Universal Music Group NV (UMGNF) announced a strategic overhaul aiming for $271M in savings by 2026, involving major layoffs and a focus on efficiencies in marketing, distribution, and other areas. The company reported a net profit of $1.37 billion on revenues of $12 billion for fiscal year 2023. The restructuring, starting immediately, will impact roles primarily on the West Coast within Interscope and Capitol groups, and on the East Coast affecting Def Jam and Island labels. Warner Bros. Discovery Inc's (WBD) Warner Music Group also announced layoffs as part of an industry trend.

Portfolio Pulse from Franca Quarneti

March 01, 2024 | 5:35 pm

MUX

McEwen Mining Inc (NYSE:MUX) shares surged after reporting a significant improvement in its fourth-quarter FY23 results, with an EPS of $2.88 compared to a loss of $(0.79) a year ago, surpassing the consensus loss estimate of $(0.20). Gold production increased, while silver production slightly declined. Revenue from gold and silver sales rose to $166.2 million, up from $110.417 million in 2022. The company also reported a gross profit of $17.8 million, a notable improvement from a gross loss of $(0.5) million last year. Operating cash flow and financial position showed signs of improvement, with a focus on development projects at Canadian and Mexican mines.

Portfolio Pulse from Lekha Gupta

March 01, 2024 | 5:34 pm

SDGR

Recent analyst ratings for Schrodinger (NASDAQ:SDGR) show a diverse range of perspectives, with a notable downward trend in the 12-month price target, now averaging $36.88, down 12.19% from the previous $42.00. Analysts from firms including Goldman Sachs, Keybanc, Citigroup, B of A Securities, Piper Sandler, TD Cowen, and Craig-Hallum have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Schrodinger's financial indicators reveal a mixed picture, with positive revenue growth but challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:01 pm

CTRA

Recent analyst ratings for Coterra Energy (NYSE:CTRA) show a mix of bullish and somewhat bullish perspectives, with no bearish views. Over the past three months, 10 analysts have provided ratings, with the latest 12-month price target averaging $32.5, slightly down from $32.62. Analyst actions include both upgrades and downgrades, reflecting adjustments to market conditions and company performance. Coterra Energy, an independent oil and gas company, faces challenges such as a -30.0% revenue decline and below-average profitability metrics, impacting its market position.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:00 pm

FRO

Four analysts have recently updated their ratings on Frontline (NYSE:FRO), with a mix of neutral and bullish outlooks. The average 12-month price target is now $23.32, a slight decrease from the previous $23.70. Analysts' actions include lowering and maintaining ratings, with price targets ranging from $22.00 to $26.00. Frontline, an international shipping company, has seen a -1.33% decline in revenue growth over the last 3 months but maintains a strong net margin of 28.57%. The company's market capitalization is below the industry average, and it has a conservative debt-to-equity ratio of 1.01.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:00 pm

U

12 analysts have recently updated their ratings on Unity Software (NYSE:U), showing a mix of bullish to bearish sentiments. The average 12-month price target is now $32.21, down from $33.55, with actions ranging from raising to lowering ratings and price targets. Unity Software's financial overview indicates a below-average market capitalization, notable revenue growth of 11.95%, but challenges in profitability, asset utilization, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:00 pm

GMS

Five analysts have recently updated their ratings on GMS Inc (NYSE:GMS), showing a shift towards a more neutral stance over the last three months, with an increase in the average 12-month price target to $86.6 from $78.60. The updates include raised price targets by analysts from RBC Capital, Truist Securities, Stephens & Co., and Raymond James, reflecting a positive outlook on the company's performance despite facing revenue growth challenges, a below-average net margin, and ROE, but an excellent ROA and a balanced debt approach.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:00 pm

VTEX

Vtex (NYSE:VTEX) received mixed analyst ratings in the latest quarter, with an average 12-month price target of $9.75, marking a 32.11% increase from the previous target. Analysts from JP Morgan, Piper Sandler, B of A Securities, and Morgan Stanley raised their price targets, reflecting optimism about Vtex's future value. The company, a SaaS digital commerce platform, showed a 30.64% revenue growth rate as of September 30, 2023, but struggles with profitability and efficiency, as indicated by its net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 4:01 pm

SHLS

Shoals Technologies Gr (NASDAQ:SHLS) has been the subject of 12 analyst reviews over the past three months, showing a mix of bullish to bearish sentiments. The average 12-month price target is now $19.33, a 20.06% decrease from the previous $24.18. Analysts from firms like Goldman Sachs, Cantor Fitzgerald, and JP Morgan have lowered their price targets, reflecting adjustments to market conditions and company performance. Despite a positive revenue trend with a 47.77% growth rate as of September 30, 2023, SHLS faces challenges in market capitalization, ROE, and ROA, positioning below industry averages.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 4:01 pm