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COR

Cencora (NYSE:COR) has been analyzed by six analysts, showing a range of sentiments from somewhat bullish to indifferent. The average 12-month price target has increased by 1.4% to $277.67. Analysts have adjusted their ratings and price targets, reflecting their response to recent developments. Cencora is a leading pharmaceutical wholesaler with strong financial performance, including a 10.9% revenue growth rate and a high return on equity. However, it has a high debt-to-equity ratio, indicating financial risk.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 1:00 pm

COST

Costco Wholesale (NASDAQ:COST) has been analyzed by 24 analysts, showing a range of sentiments from bullish to bearish. Recent evaluations indicate a positive trend with increased price targets, reflecting confidence in Costco's market performance. The company's financials reveal strong revenue growth, high net margins, and efficient asset management.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 1:00 pm

JKHY

In the past three months, four analysts have rated Jack Henry & Associates (NASDAQ:JKHY) with a neutral stance. The average 12-month price target has increased to $180.5, up from $177.00. Jack Henry shows strong financial health with a high net margin and effective asset utilization, but faces challenges in ROE and revenue growth compared to peers.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 1:00 pm

FINX

GWRE

PTEC

Guidewire Software, Inc. (NYSE:GWRE) reported strong Q4 results, with revenue and ARR surpassing estimates. The company projects continued growth in FY25. GWRE shares rose 8.38% premarket. Investors can also consider exposure through Global X PropTech ETF (NASDAQ:PTEC) and Global X FinTech ETF (NASDAQ:FINX).

Portfolio Pulse from Lekha Gupta

September 06, 2024 | 12:58 pm

VWAGY

Volkswagen's PowerCo battery subsidiary will operate its Salzgitter plant in Germany at half capacity due to financial pressures and reduced EV demand. Only one of the two planned production lines will be built, reducing capacity to 20 gigawatt hours. This decision follows potential plant shutdowns and job cuts, with a narrow window to improve the situation. Despite cutbacks, production is set to start in 2025.

Portfolio Pulse from Benzinga Neuro

September 06, 2024 | 12:34 pm

SPY

The USA's average hourly earnings for August increased by 0.7%, significantly surpassing the estimated 0.3% and reversing the previous month's decline of 0.1%.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:30 pm

SPY

The August Nonfarm Payrolls report showed an increase of 142,000 jobs, which is below the estimated 164,000. This could indicate a slowing job market, potentially impacting market sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:30 pm

BLMZ

FFIE

PATH

On September 6th, BloomZ announced a business alliance with CrossVision, Faraday Future secured $30 million in financing, and UiPath reported strong Q2 results and expanded its stock repurchase program.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:27 pm

HURC

Hurco reported a significant decline in its Q3 earnings, with an EPS of $(1.47) compared to $0.04 in the previous year. Sales and service fees also decreased by 20% year-over-year to $42,651,000.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:08 pm

TCBI

Texas Capital Bancshares announced strategic acquisitions, balance sheet repositioning, and new initiatives as part of its transformation plan. The company aims to enhance client services and long-term value creation. Key actions include acquiring a $400 million healthcare portfolio, selling $1.24 billion in securities to purchase higher-yielding ones, and launching new platforms like Direct Lending and Public Finance.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:06 pm