Streetbeat News

Revenues

CRC

Analysts have recently evaluated California Resources (NYSE:CRC), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased slightly to $63.5. Despite positive analyst sentiment, CRC faces financial challenges, including declining revenue and low profitability metrics.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 7:00 pm

ELV

Analysts have mixed opinions on Elevance Health (NYSE:ELV), with a recent decrease in the average 12-month price target by 1.3%. The company faces challenges with a slight revenue decline but maintains strong profitability metrics. Analyst ratings vary from 'Overweight' to 'Neutral', reflecting diverse market sentiments.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 7:00 pm

SSNC

SS&C Technologies Holdings (NASDAQ:SSNC) has delivered an average annual return of 12.38% over the past 10 years, outperforming the market by 1.73% annually. A $1000 investment in SSNC 10 years ago would be worth $3,216.99 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 7:00 pm

ADI

Analog Devices (NASDAQ:ADI) has outperformed the market over the past 10 years with an average annual return of 16.07%, surpassing the market by 5.42% annually. A $1000 investment in ADI 10 years ago would now be worth $4,424.40.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 7:00 pm

DG

DLTR

TGT

WMT

Dollar stores are facing challenges as Walmart and Target increase competition by attracting higher-income consumers. Dollar Tree and Dollar General have both revised their financial outlooks downward due to pressure on low- and middle-income customers. Walmart's strong performance is drawing budget-conscious shoppers away from dollar stores.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2024 | 6:51 pm

YEXT

Yext, Inc. (NYSE:YEXT) has been upgraded to Buy by Needham analyst Ryan MacDonald, with a price target of $8. The upgrade follows better-than-expected Q2 EPS results and positive FY25 revenue guidance. The Hearsay acquisition is expected to drive margin expansion despite initial dilution, and cross-sell opportunities could boost growth in FY26.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2024 | 6:37 pm

MARA

Marathon Digital's shares are declining as Bitcoin prices fall. The company also released its August Bitcoin production report.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:32 pm

MEDP

Medpace Hldgs (NASDAQ:MEDP) has significantly outperformed the market over the past 5 years, with an average annual return of 33.81%. A $100 investment in MEDP 5 years ago would now be worth $425.66, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 6:30 pm

ELF

e.l.f. Beauty (NYSE:ELF) has significantly outperformed the market over the past 5 years, with an average annual return of 53.64%. A $1000 investment in ELF 5 years ago would now be worth $8,134.36. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 6:30 pm

MKTX

MarketAxess shares are experiencing an upward trend as the company's total average daily volume for August increased by 18.4% compared to July.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:28 pm