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Revenues

IBM

IBM forecasts FY24 revenue growth in line with its mid-single digit model, but anticipates a one-point headwind from foreign exchange rates.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:09 pm

JNJ

Johnson & Johnson (NYSE:JNJ) has been evaluated by 12 analysts over the last three months, with a mix of bullish and indifferent sentiments. The average 12-month price target is $191.83, up from the previous $172.50. Analysts from firms like Morgan Stanley, Cantor Fitzgerald, RBC Capital, Raymond James, Wells Fargo, and UBS have provided various ratings and price target adjustments. Johnson & Johnson is a large healthcare firm with pharmaceutical, medical devices, diagnostics, and consumer divisions, with the consumer group set to be divested in 2023. The company has shown strong financial performance with a high net margin of 121.91% and ROE of 35.56%, but its revenue growth rate of 6.78% is below the Health Care sector average.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:01 pm

BWA

BorgWarner (NYSE:BWA) has been the subject of varying opinions from 6 financial analysts over the past three months, with recent ratings showing 3 somewhat bullish and 3 indifferent. The average 12-month price target is now $41.17, a 10.5% decrease from the previous $46.00. Analysts from Barclays, Baird, Morgan Stanley, Oppenheimer, Goldman Sachs, and Deutsche Bank have all lowered their price targets for BWA. The company is a Tier I auto-parts supplier with significant customers like Ford and Volkswagen and has shown a revenue growth rate of 12.28% as of September 30, 2023. However, it faces challenges with below-average net margin, ROE, and ROA, but has a positive debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:01 pm

EQIX

Equinix (NASDAQ:EQIX) has been reviewed by 4 analysts over the past three months, with mixed sentiments. The average 12-month price target is $836.25, a 5.59% increase from the previous target. Analysts from Barclays, Truist Securities, Morgan Stanley, and Oppenheimer have adjusted their ratings and price targets. Equinix operates 248 data centers globally and serves over 10,000 customers. Financially, it has shown revenue growth but has below-average net margin and ROE, with a strong ROA and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:00 pm

ONB

Old National Bancorp (NASDAQ:ONB) has been analyzed by four analysts in the last quarter, with mixed opinions ranging from bullish to bearish. The average 12-month price target is $18.25, with a high of $21.00 and a low of $16.00, marking a 7.22% decrease in the average target. Analysts from Stephens & Co., UBS, Citigroup, and Piper Sandler have adjusted their ratings and price targets. Old National, a financial services bank holding company, has shown a slight decline in revenue growth, an impressive net margin of 31.54%, a strong ROE of 2.86%, and an ROA of 0.29%, but carries a higher debt-to-equity ratio of 1.09.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:00 pm

DAR

Darling Ingredients (NYSE:DAR) has received mixed analyst ratings over the past three months, with 4 analysts offering views ranging from bullish to indifferent. The average 12-month price target is now $78.25, down from $83.75, with a high estimate of $123.00 and a low of $50.00. Analysts from Stephens & Co., Stifel, BMO Capital, and Raymond James have all lowered their price targets. Darling Ingredients operates in sustainable ingredient development and manufacturing, with a strong market position but has seen a -7.0% decline in revenue growth as of September 30, 2023. The company has a high net margin and ROE, but a high debt-to-equity ratio of 1.05 poses financial management challenges.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:00 pm

COP

Analysts have provided mixed reviews on ConocoPhillips (NYSE:COP) over the past three months, with ratings ranging from bullish to indifferent. The average 12-month price target is $137.17, with a high of $141.00 and a low of $132.00, marking a 3.96% decrease from the previous average. Recent actions include both lowered and raised price targets by analysts from firms such as Raymond James, Mizuho, UBS, JP Morgan, and RBC Capital. ConocoPhillips is a major exploration and production firm with significant operations and reserves. Despite a recent revenue decline of -32.18%, the company maintains a strong net margin and ROA, but its ROE is below industry average. Its debt-to-equity ratio is considered healthy.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:01 pm

ACN

Six analysts have recently updated their ratings on Accenture (NYSE:ACN), with varying perspectives from bullish to bearish. The average 12-month price target is now $375.5, an 8.68% increase from the previous $345.50. Analysts from firms like Morgan Stanley, BMO Capital, UBS, Wedbush, and Redburn Atlantic have raised their price targets, indicating a positive outlook on Accenture's performance. The company has shown strong financial health with a market capitalization above industry average, a revenue growth rate of 3.03%, a net margin of 12.16%, an ROE of 7.54%, an ROA of 3.84%, and a low debt-to-equity ratio of 0.12.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:00 pm

CG

Analysts have recently updated their ratings and price targets for Carlyle Group (NASDAQ:CG), with 6 analysts offering views ranging from bullish to bearish. The average 12-month price target is now $38.67, up 5.22% from the previous $36.75. Analysts from Morgan Stanley, Citigroup, JP Morgan, TD Cowen, and Evercore ISI Group have provided updated ratings and price targets. Carlyle Group is a major alternative-asset manager with $382.3 billion in AUM. However, the company has seen a revenue decline of -22.91% and faces challenges with market capitalization, net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:00 pm

PYPL

Analysts have published 17 ratings on PayPal Holdings (NASDAQ:PYPL) in the last three months, with a diverse range of perspectives. The average 12-month price target is $72.41, down 18.36% from the previous average. Recent actions include adjustments to ratings and price targets by analysts from firms like Susquehanna, Mizuho, and Morgan Stanley. PayPal's financials show a market cap that asserts dominance, a revenue growth rate of 8.36%, a net margin of 13.75%, an ROE of 5.18%, an ROA of 1.35%, and a debt-to-equity ratio of 0.54.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:00 pm