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XYL

Analysts have provided mixed ratings for Xylem (NYSE:XYL) with 2 bullish, 4 somewhat bullish, and 3 indifferent. The average 12-month price target is $119.44, reflecting a 3.22% increase from the previous target. Analysts from RBC Capital, Stifel, Wolfe Research, Citigroup, Deutsche Bank, and Oppenheimer have updated their ratings and price targets, indicating a generally positive outlook. Xylem, a global water technology leader, has shown strong revenue growth but below-average profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:00 pm

OMF

OneMain Holdings (NYSE:OMF) has received mixed analyst ratings over the past three months, with 4 somewhat bullish and 2 indifferent ratings. The average 12-month price target is $47.33, with a high of $55.00 and a low of $38.00, reflecting a 3.41% decrease in the average target. Analysts from Wells Fargo, Barclays, RBC Capital, Piper Sandler, BMO Capital, and JP Morgan have adjusted their ratings and price targets, with one raising, four lowering, and one announcing a new rating. OneMain Holdings operates in nonprime consumer finance, with positive revenue growth, high net margin, ROE, and ROA, but a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:00 pm

QRVO

Analysts have provided mixed reviews for Qorvo (NASDAQ:QRVO) over the past three months, with recent ratings showing a more cautious stance. The average 12-month price target has decreased to $103.9 from $113.78, reflecting a bearish sentiment. Analysts from firms like Piper Sandler, Morgan Stanley, BMO Capital, Mizuho, JP Morgan, Raymond James, Barclays, Susquehanna, and Citigroup have adjusted their price targets and ratings, indicating a response to Qorvo's market performance and financial indicators such as revenue decline, below-average net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:00 pm

ENPH

Enphase Energy (NASDAQ:ENPH) has been rated by 16 analysts in the past three months, with an average 12-month price target of $126.88, down from the previous $157.55. Ratings range from bullish to indifferent, with no bearish or somewhat bearish ratings. Analysts have adjusted their price targets and ratings, reflecting changes in market dynamics and company performance. Enphase Energy's financials show a negative revenue trend with a -13.18% decline, but strong profitability with a net margin of 20.68% and high ROE and ROA. The company has a high debt-to-equity ratio of 1.28.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:00 pm

AEE

Six analysts have recently reviewed Ameren (NYSE:AEE), with an average 12-month price target of $79.5, down 3.28% from the previous average. Ratings range from neutral to overweight, with price target adjustments reflecting changes in market dynamics and company performance. Ameren's financials show a revenue decline of -10.67% over 3 months, but strong net margin and ROE. The company's market cap is below industry averages, and it has a lower debt-to-equity ratio, indicating conservative financial management.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:00 pm

DAN

DHI

ITB

KMX

LEN

PHM

QQQ

SPY

Analysts at Nomura predict a 'mild recession' in the second half of 2024, impacting homebuilders and auto stocks due to tight financial conditions. Equity markets have retreated in 2024, with concerns over an economic slowdown affecting corporate earnings. The SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust (QQQ) showed slight pre-market gains after recent losses. Homebuilders like DR Horton (DHI), Lennar (LEN), and Pulte Group (PHM) face risks from high mortgage rates and a potential slowdown in housing markets. The iShares U.S. Home Construction ETF (ITB) also declined after a strong 2023. The labor market is cooling, with potential increases in unemployment rates. Consumer spending is expected to slow, with rising credit card delinquency rates and the resumption of student loan repayments. Auto stocks like CarMax (KMX), Ford Motors (F), and Dana Inc (DAN) have already seen declines in early 2024.

Portfolio Pulse from Neil Dennis

January 04, 2024 | 2:17 pm

COWZ

MCD

MRK

On CNBC's 'Halftime Report Final Trades,' Joseph Terranova recommended Merck & Co., despite the FDA's CRL on gefapixant for RCC and UCC. Stephanie Link expects McDonald's revenues to rise, citing legal action by GAR against BDS Malaysia and a Buy rating from HSBC with a $317 target. Bryn Talkington highlighted Pacer US Cash Cows 100 ETF's high free cash flow yield as a strong trade for 2024. Merck's stock rose 1.4%, McDonald's fell 0.9%, and COWZ dropped 0.5% on Wednesday.

Portfolio Pulse from Avi Kapoor

January 04, 2024 | 2:11 pm

Definitive Healthcare Corp has announced a restructuring plan to cut operating costs, which includes laying off 154 employees. The plan is expected to be substantially complete by the end of Q2 2024, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 2:10 pm

PTC

PTC (NASDAQ:PTC) has been the subject of diverse analyst ratings over the past three months, with 3 somewhat bullish and 1 indifferent rating. The average 12-month price target for PTC has been raised to $177.5, reflecting a 19.67% increase from the previous target of $148.33. Analysts from JP Morgan, Oppenheimer, and Piper Sandler have raised their price targets, with the highest being $200. PTC specializes in high-end software solutions and has shown a revenue growth of 7.62% as of September 30, 2023. However, it faces challenges with below-average net margin, ROE, and ROA, despite a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:00 pm

ALV

Four analysts have recently reviewed Autoliv (NYSE:ALV), with mixed opinions. The average 12-month price target is now $109.25, up from $105.25, with a high of $142.00 and a low of $95.00. Goldman Sachs analyst Philipp Konig raised the target to $142.00 from $126.00, Wells Fargo's Colin Langan to $100.00 from $99.00, Barclays' Dan Levy to $100.00 from $97.00, while Citigroup's Itay Michaeli lowered it to $95.00 from $99.00. Autoliv is a leader in passive safety components for the auto industry, with the Americas being its largest market. The company shows strong revenue growth but below-average profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:00 pm