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MNDY

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Monday.Com (NASDAQ:MNDY) and increased the price target from $200 to $225. This adjustment suggests a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 4:12 pm

AAMC

Altisource Asset Management Corp (AAMC) shares have resumed trading. The news article does not provide additional context or details regarding the reasons for the trading halt or the implications of the resumption.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 4:12 pm

IGMS

HC Wainwright & Co. analyst Robert Burns has downgraded IGM Biosciences (NASDAQ:IGMS) from Buy to Neutral and reduced the price target from $11 to $7.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 4:10 pm

AAMC

Shares of Altisource Asset Management Corp (AAMC) were halted due to a circuit breaker after surging 68.3% to the upside. Circuit breakers are designed to prevent extreme volatility in the stock market.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 4:09 pm

BRZE

Braze shares have experienced increased volatility and are trading lower following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 4:02 pm

LQDT

Liquidity Services (NASDAQ:LQDT) reported Q4 revenues of $79.96 million, missing analyst expectations of $82.73 million, but saw a 6% Y/Y increase. Adjusted EPS was $0.26, surpassing the $0.24 estimate. GMV for Q4 rose 11% Y/Y to $315.6 million. Segment-wise, GovDeals revenue increased 13%, RSCG by 15%, while CAG decreased 27% due to the prior year's large transactions. Adjusted EBITDA was $12.8 million, up from the previous year. The company has a strong cash balance of $118.2 million and no financial debt. Q1 outlook anticipates GMV between $295 million-$325 million and adjusted EPS of $0.12-$0.19, with GAAP net income expected between $1.5 million-$4.0 million. LQDT shares dropped 12.6% to $17.40.

Portfolio Pulse from Nabaparna Bhattacharya

December 07, 2023 | 4:02 pm

ADP

Automatic Data Processing (NASDAQ:ADP) is analyzed against competitors in the Professional Services industry. ADP shows favorable growth potential with a PE ratio slightly below the industry average, a low PB ratio suggesting undervaluation, and a high PS ratio indicating potential overvaluation. The company's ROE, EBITDA, gross profit, and revenue growth are all significantly above industry averages, demonstrating strong financial performance. ADP's lower debt-to-equity ratio compared to its top 4 peers suggests a stronger financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 4:00 pm

ADI

Analog Devices (NASDAQ:ADI) is evaluated against its competitors in the Semiconductors & Semiconductor Equipment industry. ADI shows a lower P/E, P/B, and P/S ratios compared to the industry average, suggesting potential undervaluation. However, its ROE, EBITDA, and revenue growth are below the industry average, indicating possible inefficiencies and a sales slowdown. ADI's lower debt-to-equity ratio compared to its top 4 peers suggests a stronger financial position.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 4:00 pm

CMI

Cummins (NYSE:CMI) has delivered an average annual return of 16.02% over the past 20 years, outperforming the market by 8.54% on an annualized basis. A $100 investment in CMI 20 years ago would be worth $1,951.57 today. The company's current market capitalization stands at $32.67 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 4:00 pm

ADBE

The article provides a detailed comparison of Adobe (NASDAQ:ADBE) with its competitors in the Software industry, analyzing financial metrics such as P/E, P/B, P/S, ROE, EBITDA, gross profit, and revenue growth. Adobe's P/E ratio is below the industry average, suggesting potential for growth, while its P/B ratio indicates possible undervaluation. However, its P/S ratio is higher than the industry average, which could imply overvaluation relative to sales. Adobe's ROE is below the industry average, suggesting inefficiency, but its EBITDA and gross profit are significantly above the industry average, indicating strong profitability. Adobe's revenue growth is lower than the industry average, potentially signaling a decline in sales performance. The company's lower debt-to-equity ratio compared to its top 4 peers suggests a stronger financial position with less reliance on debt financing.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 4:00 pm