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RL

Ralph Lauren (NYSE:RL) has received varied analyst ratings over the past three months, with a shift towards a more positive outlook recently. The average 12-month price target for RL has increased by 7.62% to $142.86, with a high estimate of $164.00 and a low of $130.00. Analysts from firms like Wells Fargo, Goldman Sachs, TD Cowen, UBS, Telsey Advisory Group, and Evercore ISI Group have updated their ratings and price targets, reflecting changes in market conditions and company performance. Ralph Lauren's financials show strong market position, revenue growth, profitability, and effective use of assets, with a lower reliance on debt financing.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 2:00 pm

ROP

Over the past 10 years, Roper Technologies (NASDAQ:ROP) has yielded an average annual return of 14.61%, outperforming the market. A $1000 investment in ROP a decade ago would be worth $3,910.93 today. Roper Techs currently has a market cap of $57.72 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 2:00 pm

IR

Ingersoll Rand (NYSE:IR) has delivered an impressive average annual return of 30.25% over the past 5 years, outperforming the market. A $1000 investment in IR five years ago would now be worth $4,006.34. The company's current market capitalization stands at $30.68 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 2:00 pm

BX

ESRT

SLG

VNO

Despite Donald Trump's significant presence in New York City real estate, he is not the largest property owner there. The City of New York holds the top spot with 362.1 million square feet. Vornado Realty Trust, SL Green Realty, Tishman Speyer, and Blackstone Group are among the top private property owners. Vornado Realty Trust (VNO) has 29.7 million square feet, SL Green Realty Corp. (SLG) has 28.7 million, Tishman Speyer has 20.5 million, and Blackstone Inc. (BX) has 20.1 million square feet. Empire State Realty Trust Inc. (ESRT) also owns significant real estate, including the Empire State Building, with approximately 10 million square feet.

Portfolio Pulse from Chris Bibey

December 22, 2023 | 2:00 pm

THRX

Theseus Pharmaceuticals Inc (NASDAQ:THRX) has agreed to be acquired by Concentra Biosciences LLC for $3.90 to $4.05 per share in cash. The deal includes a contingent value right (CVR) related to future licensing or disposition of Theseus' programs and potential cost savings. The Theseus Board, with legal and financial advisors, approved the merger, deeming it beneficial for shareholders. The acquisition is expected to close in February 2024. Previously, Theseus had been exploring strategic alternatives and reduced its workforce by 72%. THRX shares rose 7.56% to $3.98 in premarket trading.

Portfolio Pulse from Vandana Singh

December 22, 2023 | 1:58 pm

RHP

Wells Fargo analyst Dan Leonard has maintained an Overweight rating on Ryman Hospitality Properties (RHP) and increased the price target from $114 to $125.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 1:49 pm

BGS

CAG

NUS

The article discusses the appeal of high-yield dividend stocks in the consumer staples sector during market uncertainty, highlighting three stocks with recent analyst ratings and news. Nu Skin Enterprises (NUS) has a dividend yield of 7.96% but posted weaker-than-expected Q3 results. B&G Foods (BGS) offers a 7.02% yield, had upbeat Q3 earnings but sales missed estimates. Conagra Brands (CAG) with a 4.92% yield, reported upbeat Q1 earnings.

Portfolio Pulse from Avi Kapoor

December 22, 2023 | 1:47 pm

PK

Wells Fargo analyst Dori Kesten has maintained an Equal-Weight rating on Park Hotels & Resorts (NYSE:PK) and increased the price target from $15 to $17.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 1:44 pm

NCPL

Netcapital, a financial technology and services company, has announced the pricing of a $4 million public offering, which has led to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 1:43 pm

KGEI

Kolibri Global Energy Inc (NASDAQ:KGEI) has revised its FY23 outlook downwards due to operational challenges, including delays in new well production, lower-than-expected oil prices, and shut-in wells impacting production. The company now anticipates average production of 2,800 to 3,000 boepd, adjusted EBITDA of $39 million-$41 million, and revenue of $51 million-$53 million. Capital expenditures are also expected to be lower at $47 million-$49 million. Despite these setbacks, KGEI reported successful drilling and stimulation of three Emery wells, although the process affected surrounding wells, with recovery expected to take a few months. The Velin 12-9H well is nearing completion, and the next well is scheduled to begin in early January. KGEI shares closed at $3.70 on Thursday.

Portfolio Pulse from Lekha Gupta

December 22, 2023 | 1:41 pm