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OSK

Recent analysis of Oshkosh (NYSE:OSK) by 9 financial analysts shows a mix of bullish and bearish sentiments, with an updated average 12-month price target of $139.44, reflecting a 7.26% increase from the previous target. The company's financial performance indicates solid revenue growth and efficient cost management, despite challenges in utilizing equity capital efficiently.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 12:00 pm

FWBI

First Wave BioPharma, Inc. (FWBI) announced a registered direct offering of 366,000 shares at $2.95/share, alongside a private placement of warrants for up to 732,000 shares at $2.70/share, with Roth Capital Partners as the placement agent.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 12:00 pm

SEDG

SolarEdge Technologies (NASDAQ:SEDG) has seen a diverse range of analyst ratings over the past three months, with a notable shift towards more cautious or negative outlooks in the last 30 days. The average 12-month price target for SEDG has been adjusted to $76.38, marking a 10.42% decrease from the previous target of $85.26. This adjustment reflects a broader sentiment of caution among analysts, who have predominantly lowered their price targets and ratings based on the company's recent performance and market dynamics. SolarEdge's financial overview indicates challenges in revenue growth, profitability, and asset utilization, with a significant decline in revenue and below-average net margin and ROE.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 12:00 pm

PMBN

UBSI

United Bankshares has announced its plan to acquire Piedmont Bancorp in a deal valued at approximately $267M. The exchange ratio for the acquisition is set at 0.300 of United's shares for each share of Piedmont.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:56 am

NWGL

SUZ

The article highlights Suzano S.A. (SUZ) and Nature Wood Group Limited (NWGL) as the top 2 oversold materials stocks with potential for growth this quarter. Suzano reported a decline in quarterly sales, leading to an 11% stock price drop over five days, with an RSI of 22.80. Nature Wood announced positive guidance for FY 2024, despite an 82% stock price fall over the past month and an RSI of 19.16.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 11:55 am

DOUG

Douglas Elliman's shares dropped following the announcement of disappointing Q1 financial results, falling short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:41 am

IOVA

Iovance Biotherapeutics shares are trading higher following the report of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:39 am

MVST

Microvast Holdings' shares surged following the announcement of their Q1 financial results, which exceeded expectations. Additionally, the company provided Q2 revenue growth guidance that surpassed estimates.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:38 am

ROAD

Construction Partners has increased its FY24 revenue outlook to $1.81B-$1.85B, up from the previous forecast of $1.75B-$1.825B, surpassing the estimated $1.797B.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:36 am

GH

Guardant Health's shares surged following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:36 am