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TASK

TaskUs (NASDAQ:TASK) received mixed analyst ratings with an updated average 12-month price target of $13.25, reflecting an 8.16% increase from the previous target. Citigroup and JP Morgan raised their price targets, while Morgan Stanley lowered theirs. TaskUs's financials show a market cap below industry average, a -2.8% revenue decline, but strong net margin, ROE, and ROA. The company's debt-to-equity ratio is also below industry average.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:01 pm

BURL

Burlington Stores (NYSE:BURL) has received mixed analyst ratings over the last three months, with 7 analysts offering diverse views. The average 12-month price target is $194.71, up from the previous $165.50, with a high estimate of $240 and a low of $126. Analysts have adjusted their ratings and price targets, reflecting their latest views on the company's performance. Burlington Stores is a major off-price apparel and home fashion retailer in the U.S., with positive revenue growth but challenges in net margin and debt management.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:00 pm

PAY

Paymentus Holdings (NYSE:PAY) has been analyzed by 5 analysts, showing a consensus towards a neutral stance with 4 indifferent ratings and 1 somewhat bullish. The average 12-month price target is $17.1, a 25.55% increase from the previous $13.62. Analysts from Wells Fargo, JP Morgan, Raymond James, Wedbush, and Goldman Sachs have raised their price targets, with the highest at $18.00 and the lowest at $16.00. Paymentus Holdings offers electronic bill payment services and has shown strong revenue growth of 18.94% as of September 30, 2023, but has a lower market cap, below-average net margin, and ROE compared to industry peers, while its ROA and debt management are favorable.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:00 pm

MAT

Mattel (NASDAQ:MAT) received mixed analyst ratings over the past three months, with a total of 1 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target is $22.5, with a high of $26.00 and a low of $19.00, marking an 11.76% decrease from the previous average. Analysts from Morgan Stanley and Roth MKM have adjusted their ratings and price targets, reflecting changes in market dynamics and company performance. Mattel's financials show strong revenue growth, net margin, ROE, and ROA, but a high debt-to-equity ratio. The company's market cap indicates a strong market position, with 60% of sales from North America.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:00 pm

FUTU

Analysts have mixed opinions on Futu Holdings (NASDAQ:FUTU), with recent ratings ranging from bullish to indifferent. The average 12-month price target is $63.12, up from the previous $52.40. Analysts from JP Morgan, UBS, Morgan Stanley, and Jefferies have provided updates, with price targets ranging from $50.00 to $71.50. Futu Holdings, an online broker, has shown strong financial performance with a revenue growth rate of 36.23%, a net margin of 41.18%, an ROE of 4.75%, an ROA of 1.09%, and a low debt-to-equity ratio of 0.22.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:00 pm

WINT

Windtree Therapeutics has signed an exclusive licensing and commercialization agreement with Lee's Pharmaceutical (HK) Ltd. for its cardiovascular products in select Asian markets. The deal could yield up to $138.35 million in milestone payments for Windtree.

Portfolio Pulse from Charles Gross

January 17, 2024 | 12:59 pm

ZVSA

ZyVersa Therapeutics, Inc., a clinical stage biopharmaceutical company, announced the publication of a peer-reviewed article in Acta Neuropathologica Communications. The article demonstrates that inflammasome activation is linked to an increased risk of brain metastasis in women with Triple-Negative Breast Cancer (TNBC).

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:59 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares fell 1.59% in premarket trading to $216.42. The decline follows a period of weakness since mid-July after Q3 results. Factors influencing the drop include weak futures market cues, Tesla's price cuts in Germany, upcoming quarterly results with concerns about margins and 2024 guidance, and weaker-than-expected Q4 GDP data from China, a significant market for Tesla. The stock may remain rangebound until earnings are reported.

Portfolio Pulse from Shanthi Rexaline

January 17, 2024 | 12:51 pm

USO

OPEC's monthly report maintains its 2024 world oil demand growth forecast at 2.25 million barrels per day (B/D) and projects a growth of 1.85 million B/D for 2025.

Portfolio Pulse from Charles Gross

January 17, 2024 | 12:50 pm

SCHW

Schwab's total client assets reached $8.5 trillion at the end of the year, marking a 21% increase. In December, Schwab saw more than $40 billion in core net new assets, which translates to an annualized growth rate of 6%.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:33 pm