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The Greenbrier Companies, Inc. (NYSE:GBX) reported strong earnings, surpassing estimates with adjusted EPS of 96 cents against expected 73 cents. FY24 revenue is projected between $3.4 billion to $3.7 billion, compared to estimates of $3.58 billion. Greenbrier's shares jumped 13.8% to $50.50. Other stocks also moved higher, including AxoGen, Kura Sushi USA, Peloton Interactive, and Elanco Animal Health, following positive financial updates, upgrades, and executive announcements.

Portfolio Pulse from Avi Kapoor

January 05, 2024 | 3:18 pm

NOK

Nokia Corporation (NYSE:NOK) has signed a 5G patent cross-license agreement with Chinese smartphone maker Honor. This is Nokia's fourth major smartphone agreement in the past year, although terms were not disclosed. Nokia continues legal disputes with other Chinese firms like Oppo and Vivo over 4G and 5G patents. Licensing revenue from patents was 39% of Nokia's operating profit in 2022. The company has stated it will not meet its 2023 sales outlook, with licensing discussions extending into 2024. Nokia's Q4 and full-year 2023 financial results will be announced on January 25, 2024. NOK shares saw a slight increase of 0.29% to $3.46.

Portfolio Pulse from Nabaparna Bhattacharya

January 05, 2024 | 3:01 pm

MCRI

Monarch Casino & Resort (NASDAQ:MCRI) has been evaluated by 4 financial analysts over the past three months, with mixed opinions. The average 12-month price target is now $77.00, down from $93.00, with a high estimate of $90.00 and a low of $65.00. Analysts Jeffrey Stantial of Stifel and Barry Jonas of Truist Securities have both lowered their price targets. Monarch Casino & Resort's financial performance shows a slight revenue decline, an exceptional net margin, and strong ROE and ROA, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:01 pm

DIOD

Analysts have provided mixed ratings for Diodes (NASDAQ:DIOD) with a negative shift in sentiment, as the average 12-month price target has been decreased by 27.74% to $71.00. Key analysts from firms like Truist Securities, Benchmark, Wells Fargo, and Baird have lowered their price targets, reflecting changes in market dynamics and company performance. Diodes Inc is a semiconductor manufacturer facing a revenue decline of -22.37% over the last 3 months but has strong financial indicators such as a high net margin of 12.04% and ROE of 2.91%.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:01 pm

SPOT

Spotify Technology SA (NYSE: SPOT) has seen a 130% return in 2023, with organizational changes including a 17% reduction in headcount. Analysts are optimistic, with 3 recent Buy ratings and raised price targets, citing strong performance, financial discipline, and potential for margin expansion. The consensus rating is a Buy with an average price target of $211.60.

Portfolio Pulse from Surbhi Jain

January 05, 2024 | 3:01 pm

NOG

Northern Oil & Gas (NYSE:NOG) has been analyzed by 7 analysts, showing diverse opinions with 3 bullish, 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish ratings. The average 12-month price target is $47.00, down from $50.33, with a high of $55.00 and a low of $39.00. Analysts from firms including B of A Securities, Morgan Stanley, Truist Securities, Stifel, RBC Capital, Piper Sandler, and Raymond James have provided updates, with some maintaining and others raising or lowering their price targets. The company's financials show a market cap below industry average, a recent revenue decline of -3.84%, a net margin of 5.08%, an ROE of 1.85%, an ROA of 0.66%, and a high debt-to-equity ratio of 1.46.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:01 pm

EPR

EPR Props (NYSE:EPR), a real estate investment trust, has received mixed analyst ratings over the past quarter, with a shift towards a more bearish sentiment. The average 12-month price target has been reduced by 2.89% to $48.8. Keybanc, JP Morgan, Truist Securities, JMP Securities, and Stifel are among the firms that have updated their ratings and price targets. EPR Props has shown strong financial performance with a revenue growth of 16.6%, a net margin of 28.71%, and an ROE of 2.03%. The company's debt-to-equity ratio is below industry norms at 1.23, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:00 pm

HWC

Five analysts have updated their ratings on Hancock Whitney (NASDAQ:HWC) in the last three months, with an average 12-month price target of $47.2, up 8.51% from the previous $43.50. The ratings range from bullish to indifferent, with no bearish ratings. Analysts from Truist Securities, Citigroup, Stephens & Co., and Raymond James have provided various actions and price targets. Hancock Whitney's financials show a negative revenue trend, a below-average net margin, and a high ROE, with a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:00 pm

SNOW

Snowflake (NYSE:SNOW) has been evaluated by 21 analysts over the last three months, with a mix of bullish to bearish sentiments. The average 12-month price target is $212.05, up 7.37% from the previous $197.50. Analysts have made various rating changes and price target adjustments, with most raising their targets. Snowflake's financial performance shows a 31.8% revenue growth rate, a net margin of -29.18%, an ROE of -4.19%, an ROA of -2.9%, and a low debt-to-equity ratio of 0.06.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 3:00 pm

BTCUSD

ETHUSD

OSMOUSD

SEIUSD

Bitcoin (BTC) surpassed the $44,000 mark following positive U.S. jobs data, with the economy adding 216,000 jobs in December. Ethereum (ETH) also saw gains, trading above $2,200. Osmosis (OSMO) emerged as the top gainer, while Sei (SEI) was the biggest loser in the last 24 hours. The global crypto market cap increased slightly by 0.4% to $1.66 trillion.

Portfolio Pulse from Avi Kapoor

January 05, 2024 | 2:35 pm