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WAVE

Eco Wave Power Global has completed the EWP-EDF One project in the Port of Jaffa, Israel, and has begun supplying clean electricity to the Israeli national grid. The project, with a 100KW capacity and consisting of 10 floaters, is a collaboration between Eco Wave Power and EDF Renewable IL, each owning 50%, and is supported by the Israeli Ministry of Energy.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:28 pm

AYRO

AYRO, Inc. has received its first U.S. government order for the AYRO Vanish, a utility low-speed electric vehicle, to be used at a U.S. Embassy in South Asia. The company is launching new vehicles and reports a strong balance sheet with $48 million in cash.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:19 pm

VFF

Village Farms International, Inc. (NASDAQ:VFF) has made its first shipment of cannabis brands Pure Sunfarms and Original Fraser Valley Weed Co. to the UK, distributed by 4C LABS. The launch includes three popular strains and marks Village Farms' entry into the UK market, adding to its presence in Germany, Australia, and Israel. The company's CEO, Michael DeGiglio, highlighted the significance of reaching global medical cannabis markets. In 2021, Village Farms acquired an 80% stake in Leli Holland B.V. in the Netherlands and debuted in Germany earlier this year through a partnership. Analyst firm Zuanic & Associates initiated coverage on Village Farms with an 'Overweight' rating. VFF shares traded slightly lower at $0.7601 after market close on Tuesday.

Portfolio Pulse from Jelena Martinovic

January 03, 2024 | 2:18 pm

MAR

Henri Giscard d’Estaing, co-CEO of Fosun Tourism and president of Club Med, has resigned from the board of Fosun Tourism. Despite rumors of a potential sale of Club Med due to Fosun's debt, the company's improved financials make a sale less likely. Fosun Tourism's revenue rose 39% in the first half of 2023, and Club Med's bookings for the second half of 2023 are up 23% from the same period in 2019. The company plans to open 17 new resorts in the next three years, focusing on growth in China and Southeast Asia.

Portfolio Pulse from The Bamboo Works

January 03, 2024 | 2:13 pm

CMG

Analysts have provided mixed reviews on Chipotle Mexican Grill (NYSE:CMG) with 16 ratings over the past three months. The average 12-month price target is $2286.31, with a high of $2800.00 and a low of $1865.00, indicating a 5.11% increase from the previous target. Chipotle's financials show a revenue growth of 11.34%, a net margin of 12.67%, an ROE of 11.08%, an ROA of 4.05%, and a low debt-to-equity ratio of 1.39. The company is the largest fast-casual chain in the U.S. with $8.6 billion in sales in 2022.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 2:01 pm

GPOR

Gulfport Energy (NYSE:GPOR) has been analyzed by 5 analysts, showing a range of opinions. The average 12-month price target is $147.8, up 3.9% from the previous $142.25. Analysts from firms like Mizuho, Keybanc, and Truist Securities have updated their ratings and price targets, reflecting a positive outlook. Gulfport Energy operates in Utica Shale and Scoop, with a strong net margin of 227.75% and ROE of 30.82%, but has seen a -65.88% decline in revenue growth as of September 30, 2023.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 2:01 pm

CALX

Calix (NYSE:CALX) has been analyzed by 6 analysts, showing a range of opinions with 5 bullish and 1 indifferent rating. The average 12-month price target for CALX is $60.17, with a high of $88.00 and a low of $42.00, marking a 2.85% increase from the previous target of $58.50. Analysts have adjusted their ratings and price targets, reflecting their latest views on the company's performance and market conditions. Calix's financials show strong revenue growth and net margin, but lagging ROE, with a low debt-to-equity ratio indicating conservative financial management.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 2:00 pm

FWRG

First Watch Restaurant Gr (NASDAQ:FWRG) has received mixed ratings from 4 analysts in the past three months, with 2 bullish and 2 somewhat bullish ratings. The average 12-month price target is $22.0, down from $22.25, with a high estimate of $23.00 and a low of $20.00. Analysts from Barclays and Raymond James have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. First Watch Restaurant Gr, a daytime restaurant concept, has shown a revenue growth of 17.32% as of September 30, 2023, but has below-average net margin and ROE, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 2:00 pm

PHR

Phreesia (NYSE:PHR) has received mixed analyst ratings over the past three months, with a shift towards a more bearish sentiment in the last 30 days. The average 12-month price target for PHR has been lowered to $28.2, a 24.3% decrease from the previous target of $37.25. Analysts from Barclays, Raymond James, Keybanc, JMP Securities, and Needham have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Phreesia's financial performance shows a positive revenue trend with a growth rate of 25.33% as of October 31, 2023, but a net margin of -34.86% and an ROA of -8.93%, indicating some financial challenges.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 2:00 pm