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GDRX

GoodRx Holdings (NASDAQ:GDRX) has been the subject of diverse analyst opinions over the past three months, with 7 analysts providing ratings. The consensus over the last 30 days has shifted to a more bearish stance, with 6 indifferent and 1 somewhat bearish rating. The average 12-month price target is now $5.5, down from the previous $7.57, indicating a negative sentiment. Analysts from firms including B of A Securities, JP Morgan, Goldman Sachs, RBC Capital, Truist Securities, and Morgan Stanley have all lowered their price targets for GDRX, reflecting concerns over its market performance and financials. Despite a strong market capitalization and net margin, GoodRx Holdings has seen a revenue decline of -3.93% and has a negative ROE and ROA.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 4:00 pm

TSLA

Tesla Inc (NASDAQ:TSLA) reported increased production and delivery numbers for Q4, surpassing its internal forecast with 1,845,986 vehicles produced and 1,808,581 delivered in full-year 2023. The company is expected to report Q4 earnings on Jan. 24, with an anticipated EPS of 74 cents and revenue of $25.258 billion. Tesla's stock showed volatility, trading slightly down by 0.21% at $248.05 after the update. The EV market is becoming more competitive, especially in China, with BYD surpassing Tesla in Q4 deliveries.

Portfolio Pulse from Adam Eckert

January 02, 2024 | 3:56 pm

SASI

Sigma Additive Solutions has been granted U.S. Patent #11858207, which covers defect detection technology for additive manufacturing systems. This patent strengthens Sigma's intellectual property portfolio and enhances its position in the additive manufacturing industry, potentially leading to increased market share and revenue through licensing or enhanced product offerings.

Portfolio Pulse from Charles Gross

January 02, 2024 | 3:48 pm

MULN

Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower despite the company announcing the delivery of 50 additional Class 1 EV cargo vans to Randy Marion Automotive Group, invoiced for $1.681 million. This follows a previous delivery of 50 vans for $1.680 million, totaling 100 vans delivered for $3.36 million. Mullen aims to deliver 285 Class 1 vehicles by January 8, 2024, and is ramping up production for 2024 demands. The company also completed the development of its solid-state polymer cell to pack integration for the vans and plans to begin road testing in early 2024. Additionally, Mullen announced a 1-for-100 reverse stock split effective December 21, 2023. MULN shares are down 8.05% to $13.14.

Portfolio Pulse from Nabaparna Bhattacharya

January 02, 2024 | 3:41 pm

BA

Akasa Air, an Indian budget carrier, is reportedly close to finalizing an order for approximately 150 Boeing 737 MAX narrowbody planes. This deal, expected to be announced at Wings India, would add to Akasa's existing order of 76 Boeing planes. The order aims to support Akasa's domestic and international expansion plans. Boeing (BA.N), which has not responded to queries, could see a positive impact as this order would help it gain ground in the competitive Indian aviation market.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:39 pm

LVS

MGM

MLCO

WYNN

Casino stocks with exposure to Macau are experiencing a surge in share prices following a report that Macau's revenue in December saw a 433% increase compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:09 pm

EXFY

Expensify (NASDAQ:EXFY) received mixed analyst ratings with 3 indifferent and 1 somewhat bearish over the past three months. The average 12-month price target is now $2.75, down from $4.50, indicating a 38.89% decrease. Analysts from Piper Sandler and Morgan Stanley have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Expensify's financials show a revenue decline of -14.12% over 3 months, a net margin of -46.59%, an ROE of -17.45%, an ROA of -8.01%, and a debt-to-equity ratio of 0.69.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:01 pm

CNC

Analysts have varied opinions on Centene (NYSE:CNC), with recent ratings ranging from bullish to bearish. The average 12-month price target for CNC is $83.00, with a high of $90.00 and a low of $74.00, reflecting a 6.41% increase from the previous target of $78.00. Notable analysts from firms like Wells Fargo, Truist Securities, UBS, Cantor Fitzgerald, and Jefferies have updated their ratings and price targets, with most raising their targets except for Jefferies, which lowered its target from $82.00 to $81.00. Centene's financial performance shows solid revenue growth but below-average net margins and a high debt-to-equity ratio, although it has an impressive ROE and ROA.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:00 pm

H

Hyatt Hotels (NYSE:H) received mixed analyst ratings over the past three months, with 5 analysts offering views ranging from bullish to indifferent. The average 12-month price target is $134.2, up 7.64% from the previous $124.67, with a high estimate of $138.00 and a low of $127.00. Analysts from Jefferies, Wells Fargo, Morgan Stanley, and HSBC have provided updates, with actions including raising and announcing ratings and price targets. Hyatt's financial performance shows a revenue growth rate of 5.26% as of September 30, 2023, but it lags in net margin, ROE, and ROA compared to industry averages. Its debt-to-equity ratio is below the industry average, indicating a conservative financial approach.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:00 pm

HUBS

Analysts have provided varied ratings for HubSpot (NYSE:HUBS) over the last quarter, with a mix of bullish and bearish sentiments. The recent assessments show a shift towards a more cautious outlook, with the average 12-month price target reduced to $557.19 from $565.58. HubSpot's market capitalization is below industry averages, and while revenue growth is strong at 25.59%, net margin and ROE are below industry benchmarks. The company's debt-to-equity ratio is conservative at 0.66.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:00 pm