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AVDX

AvidXchange Holdings (NASDAQ:AVDX) has received mixed analyst ratings over the last three months, with a current average 12-month price target of $11.67, down from $12.60. Analysts from firms like Barclays, BTIG, BMO Capital, Wells Fargo, Susquehanna, and Piper Sandler have provided various ratings and price target adjustments, reflecting changes in market conditions and company performance. AvidXchange has shown a revenue growth rate of 19.74% as of September 30, 2023, but struggles with profitability and efficiency, as indicated by its net margin of -8.2%, ROE of -1.25%, and ROA of -0.38%.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 12:00 pm

TDY

Teledyne Technologies (NYSE:TDY) received varied analyst ratings over the past quarter, with 4 bullish ratings. The average 12-month price target is $481.75, up from $455.00, with a high estimate of $522.00 and a low of $455.00. James Ricchiuti of Needham raised the target from $455.00 to $522.00 and maintained a 'Buy' rating. Teledyne's revenue grew by 2.85% as of September 30, 2023, with a net margin of 14.16% and an ROE of 2.3%. The company has a low debt-to-equity ratio of 0.37, indicating prudent financial management.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 12:00 pm

ADI

Analog Devices (NASDAQ:ADI) has been the subject of diverse analyst ratings over the past three months, with 9 analysts offering ratings from bullish to bearish. The average 12-month price target is $204.0, a slight increase from the previous $201.75. Analysts from firms including Oppenheimer, Piper Sandler, Susquehanna, UBS, Truist Securities, and Morgan Stanley have adjusted their ratings and price targets, reflecting their current views on the company's performance. Analog Devices faces challenges with a revenue decline of -16.36% as of October 31, 2023, and below-average net margin and ROE compared to industry peers. However, the company has a sound financial structure with a low debt-to-equity ratio of 0.2.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 12:00 pm

ACM

AECOM announced it has been selected as the delivery partner for the Eglinton Crosstown West Extension project in Toronto, which is a significant infrastructure development. This selection is likely to have a positive impact on AECOM's future revenue and business prospects.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 11:58 am

KGEI

Kolibri Global (KGEI) forecasts FY23 revenue of $51M-$53M, a 36%-41% increase YoY, and adjusted EBITDA of $39M-$41M, up 55%-63% YoY. The company also expects average production to rise by 71%-83% YoY to 2,800-3,000 boepd.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 11:56 am

TKLF

Yoshitsu Co., Ltd. reported an EPS of $0.05 for the six months ended September 30, 2023, showing an increase from $0.01 in the same period the previous year. However, total revenue decreased to $74.2 million from $77.6 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 11:10 am

AL

Air Lease Corporation received approximately $64.9 million in insurance settlement proceeds for four aircraft in its owned fleet that were on lease to S7 Airlines during Russia's invasion of Ukraine. The settlement is related to three A320-200 and one A321-200 aircraft.

Portfolio Pulse from Charles Gross

December 22, 2023 | 11:09 am

BILI

NTES

TCEHY

China's top gaming regulator introduced new draft rules targeting online gaming, causing a significant market selloff. Tencent Holdings Ltd. (OTC:TCEHY) saw a $54 billion loss in market value, with its stock experiencing the largest intraday dip since 2008. Other companies like NetEase Inc. (NASDAQ:NTES) and Bilibili Inc. (NASDAQ:BILI) also faced substantial drops. The regulations include spending limits, bans on certain rewards, and content restrictions. This move is part of the Chinese government's broader campaign against the private sector's unchecked growth and is expected to impact gaming companies' revenue and monetization strategies.

Portfolio Pulse from Benzinga Neuro

December 22, 2023 | 8:49 am

EWU

U.K. retail sales for November showed a significant increase of 1.3%, surpassing the estimated 0.4% and rebounding from the previous month's decline of -0.3%.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 7:23 am

EWU

U.K. retail sales in November showed a surprising uptick, coming in at 0.1% year-over-year against an expected -1.8%. This is a positive shift from the -2.5% (revised) reported previously.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 7:23 am