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SGBX

Safe & Green Holdings Corp (SGBX), through its subsidiary SG Echo LLC, has received a $11.3M purchase order for over 150 modular units from an existing client. This order adds to a previous $2M order for 40 units. The project is expected to generate significant revenue and margins, commencing immediately with completion aimed for the first half of 2024. The company's CEO and CFO express optimism for the project's impact on revenue and cash flow. SGBX shares rose 2.27% in premarket trading.

Portfolio Pulse from Vandana Singh

January 11, 2024 | 2:01 pm

FOUR

Shift4 Payments (NYSE:FOUR) received mixed analyst ratings with 5 bullish, 5 somewhat bullish, 1 indifferent, and 1 bearish. The average 12-month price target is $74.42, up from $73.00, with a high of $96.00 and a low of $49.00. Analysts from firms like Goldman Sachs, Raymond James, and DA Davidson have raised their price targets, while Mizuho and Truist Securities lowered theirs. Shift4 Payments has a market cap below industry average, a 23.41% revenue growth rate, a net margin of 4.83%, an ROE of 8.62%, an ROA of 1.24%, and a high debt-to-equity ratio of 4.43.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:01 pm

PLUG

Analysts have mixed views on Plug Power (NASDAQ:PLUG), with 17 ratings over the past three months. The average 12-month price target is $6.97, with a high of $27.00 and a low of $2.30, reflecting a 53.06% decrease in the average target. Analysts from firms like Craig-Hallum, Piper Sandler, and Morgan Stanley have adjusted their ratings and price targets. Plug Power's financials show a revenue growth of 5.35% as of September 30, 2023, but a net margin of -142.66% and an ROE of -7.82%. The company is building a green hydrogen ecosystem and has a debt-to-equity ratio of 0.28.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:00 pm

HPP

Analysts have provided diverse ratings for Hudson Pacific Properties (NYSE:HPP) with an average 12-month price target of $9.81, up from the previous $8.57. The ratings range from 'Neutral' to 'Buy', with recent upgrades from firms like Goldman Sachs and BMO Capital. Despite a revenue decline of -11.1% as of September 30, 2023, HPP has a strong net margin and ROA but carries a high debt-to-equity ratio of 1.77. The company specializes in office and media/entertainment properties on the West Coast.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:00 pm

IPG

Interpublic Gr of Cos (NYSE:IPG) has been evaluated by 6 analysts, with a mix of neutral and buy ratings. The average 12-month price target is now $35.0, down from $37.45, indicating a 6.54% decrease. Analysts from UBS, Citigroup, Barclays, Morgan Stanley, and Wells Fargo have adjusted their price targets, with most lowering their estimates. IPG's financial performance shows revenue growth but below-average net margin, ROE, and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:00 pm

SGBX

Safe & Green Holdings (SGBX) has announced a purchase order expected to generate $11.3 million in revenue over the next six months, starting immediately.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:00 pm

HAYW

Six analysts have provided ratings on Hayward Holdings (NYSE:HAYW) with an average 12-month price target of $13.75, down from $14.70. The ratings include 1 bullish, 1 somewhat bullish, and 4 indifferent. Analysts from Jefferies, Stifel, Goldman Sachs, and Keybanc have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Hayward Holdings, a manufacturer of swimming pool equipment, has seen a -10.18% decline in revenue growth and has below industry average net margin and ROE. The company's market capitalization is below industry benchmarks, and it has a conservative debt-to-equity ratio of 0.86.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:00 pm

SGBX

Safe & Green Holdings' subsidiary has received a purchase order to supply over 150 modular units to an existing infrastructure solutions customer. This order represents a continuation and expansion of the company's relationship with the customer, potentially indicating strong performance and reliability of their modular units.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:00 pm

LEXX

Lexaria Bioscience Corp. (NASDAQ:LEXX) has announced the availability of a broadcast discussing the potential of GLP-1 drugs in treating various diseases and the company's proprietary DehydraTECH platform, which enhances the delivery of active molecules into the bloodstream. DehydraTECH has shown improved delivery into brain tissue and superior bioabsorption for oral administration, which could significantly impact the efficacy of GLP-1 agonists in treating conditions such as Alzheimer's, Parkinson's, heart disease, cancer, autoimmune diseases, and more.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:43 pm

META

The Chan Zuckerberg Initiative (CZI) is shifting its focus to become a 'science-first philanthropy,' as reported by Business Insider. This strategic pivot will see CZI investing the majority of its resources into scientific research, integrating its Biohub Network with CZI for efficiency. The organization's first COO, Josué Estrada, is set to leave in March, with Marc Malandro, VP of operations for science, taking over. This move follows layoffs in CZI's education segment and the discontinuation of its education policy grants portfolio, reflecting a similar 'year of efficiency' campaign by Meta Platforms Inc. (NASDAQ:META).

Portfolio Pulse from Rounak Jain

January 11, 2024 | 1:39 pm