Streetbeat News

Revenues

SBRA

Sabra Health Care REIT (NASDAQ:SBRA) has received mixed analyst ratings, with a majority being bullish. Recent analyst actions have raised price targets, reflecting positive sentiment. The company's financials show strong revenue growth, profitability, and effective debt management.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 2:00 pm

SPY

The Michigan Consumer Sentiment Index for September came in at 69.0, surpassing the estimated 68.3 and the prior 67.9. This indicates a positive shift in consumer sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:00 pm

COP

ConocoPhillips (NYSE:COP) has been analyzed by 9 analysts, showing a range of sentiments from bullish to bearish. The average 12-month price target has decreased by 4.74% to $142.78. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. ConocoPhillips has shown strong financial performance with a 10.27% revenue growth rate, a 17.05% net margin, and a balanced debt approach.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 2:00 pm

HISEF

Hisense Home Appliance's profit rose 34.6% in the first half of the year, driven by strong overseas growth, particularly in the Americas and Europe. Investment banks are optimistic about the company's potential, rating it a 'buy' due to its successful international expansion.

Portfolio Pulse from The Bamboo Works

September 13, 2024 | 1:48 pm

NFE

New Fortress Energy (NASDAQ:NFE) has received mixed analyst ratings over the past three months, with a notable decrease in average price targets. Analysts have lowered their ratings and price targets, reflecting concerns over the company's financial performance, including a decline in revenue growth and profitability metrics. The company's high debt-to-equity ratio also poses potential financial challenges.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 1:00 pm

ATKR

Analysts have recently updated their ratings for Atkore (NYSE:ATKR), with a mix of bullish to indifferent sentiments. The average 12-month price target has decreased by 22.19%, with a current average of $128.0. Analysts have lowered their price targets, reflecting a cautious outlook amid Atkore's revenue decline and market challenges.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 1:00 pm

SONY

WMG

Sony Group Corp is in advanced talks to acquire Pink Floyd's music catalog for $500 million. The deal, delayed by band member differences, follows previous bids by Hipgnosis, Warner Music Group, and BMG. Sony's music revenue rose 23% in Q1 2024, and the company continues to expand its music catalog holdings.

Portfolio Pulse from Anusuya Lahiri

September 13, 2024 | 12:52 pm

SPY

The USA Import Price Index for August decreased by 0.3%, which is more than the estimated decrease of 0.2% and contrasts with a 0.1% increase in the prior month. This indicates a decline in import prices, which could impact inflation expectations and market sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 12:51 pm

SPY

The USA Export Price Index for August decreased by 0.7%, which is significantly lower than the estimated decrease of 0.1% and the previous increase of 0.5%.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 12:50 pm

FLUT

Flutter Entertainment is acquiring a 56% stake in Brazil's NSX Group for $350 million, aiming to expand its presence in the Brazilian market. The deal includes cash payment and contribution of Flutter's Betfair Brazil business. The transaction is expected to close by Q2 2025, pending regulatory approvals.

Portfolio Pulse from Lekha Gupta

September 13, 2024 | 12:39 pm