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TOST

Toast (NYSE:TOST) has been analyzed by 15 analysts, showing diverse opinions with 4 bullish and 3 somewhat bullish ratings, among others. The average 12-month price target is $19.27, down from $23.20. Analysts from firms like Goldman Sachs and Morgan Stanley have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Toast, a restaurant technology company, has seen a 37.23% revenue growth rate but has below-average net margin and ROE. The company's market cap is below industry averages, and it has a low debt-to-equity ratio of 0.03.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:01 pm

WAB

Analysts have mixed views on Westinghouse Air Brake (NYSE:WAB), with 1 bullish and 3 somewhat bullish ratings in the last three months. The average 12-month price target is $143.75, up 14.09% from the previous $126.00. The company shows strong financial performance with a solid revenue growth rate of 22.54% and a net margin of 9.41%, but a lower ROE of 2.34%. Analysts from Jefferies, Morgan Stanley, Susquehanna, and Stephens & Co. have updated their ratings and price targets, reflecting a positive outlook.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:00 pm

WBS

Webster Financial Corp (NYSE:WBS) has been evaluated by 7 analysts over the last three months, with 2 bullish and 5 somewhat bullish ratings. The average 12-month price target is $55.71, up from the previous $51.80. Analysts from B of A Securities, Raymond James, Keefe, Bruyette & Woods, Piper Sandler, Morgan Stanley, and Citigroup have provided updates, with most raising their price targets. Webster Financial offers a range of financial services and has shown positive revenue growth, an impressive net margin, but a below-average ROE. Its market capitalization is smaller than industry averages, and it has a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:00 pm

EPAM

Analysts have mixed views on EPAM Systems (NYSE:EPAM), with 3 somewhat bullish and 2 indifferent ratings over the last quarter. The average 12-month price target is $281.4, a 13.58% increase from the previous target. EPAM's financials show a -6.1% revenue decline as of September 30, 2023, but a strong net margin of 8.44%. The company's ROE is below industry average, while ROA is above, and it has a low debt-to-equity ratio of 0.05. Analyst Arvind Ramnani from Piper Sandler has raised the price target multiple times, with the latest at $339.00.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:00 pm

SRG

A study for the Mining Association of British Columbia (MABC) highlights the economic benefits of 16 proposed critical mineral mines in British Columbia, with a potential investment of C$36 billion, 300,000 person-years of employment, and C$11 billion in tax revenue. The province is a significant mining player, and these developments could position Canada as an alternative to Chinese rare minerals. However, concerns arise as Australian company Vital Metals sells a stake to Shenghe Resources, and SRG Mining Inc. may sell a stake to Carbon ONE New Energy Group, despite Ottawa's virtual ban on Chinese acquisitions of Canadian mining companies.

Portfolio Pulse from Stjepan Kalinic

January 11, 2024 | 2:46 pm

VIAV

VIAVI Solutions has been awarded a $21.7 million grant from the U.S. National Telecommunications and Information Administration to fund its Automated Lab-as-a-Service for Open RAN over a three-year period. This grant is expected to support VIAVI's efforts in the development and deployment of Open RAN technologies.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:32 pm

COIN

ETCUSD

HPE

MSTR

RIOT

Ethereum Classic surged 34% following the SEC's approval of Bitcoin ETFs, outperforming BTC and ETH. The global electric vehicle market saw a 31% increase in sales in 2023. Cathie Wood discussed her personal Bitcoin holdings and the SEC's decision. Jim Cramer commented on the potential market reaction to the ETF approval. Crypto-related stocks like Riot Blockchain, Coinbase, and MicroStrategy are trending due to the Bitcoin Spot ETF spotlight. In other news, Trump discussed his potential 2024 running mate, and a study predicted a $1 trillion boost to the US economy from generative AI. Samsung, Apple, Amazon, and HP Enterprise made headlines in tech, while the electric vehicle and consumer sectors also featured notable updates.

Portfolio Pulse from Akanksha Bakshi

January 11, 2024 | 2:17 pm

DASH

DoorDash has expanded its on-demand delivery services by announcing partnerships with multiple retail partners, including Camping World, Golf Galaxy, JD Sports, and The Vitamin Shoppe. These partnerships will likely enhance DoorDash's market presence and could increase its revenue streams by diversifying its delivery offerings beyond food services.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:13 pm

ESGL

ESGL Holdings Limited (NASDAQ:ESGL) has established a new subsidiary, ESG Chemicals Sdn Bhd, in Malaysia to expand its market presence in the ASEAN region. The subsidiary will focus on trading and distributing circular products manufactured by ESGL and is expected to bring cost savings and favorable exchange rates, positively impacting the company's bottom line. The move aligns with ESGL's commitment to environmental sustainability and corporate responsibility.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:10 pm

CHPT

ChargePoint Holdings Inc (NYSE:CHPT) announced a reorganization that includes a 12% workforce reduction, aiming for long-term growth. The company expects $14 million in restructuring charges but anticipates $33 million in annual operating expense savings. CEO Rick Wilmer emphasized a focus on execution, operational excellence, and efficiency. ChargePoint has $397 million in cash and equivalents and aims for positive non-GAAP adjusted EBITDA by Q4 2024. The stock rose 3.09% to $2.01 following the news.

Portfolio Pulse from Adam Eckert

January 11, 2024 | 2:10 pm