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WRB

Truist Securities analyst Mark Hughes has reaffirmed a Buy rating on WR Berkley (NYSE:WRB) and increased the price target from $83 to $95, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:07 pm

WRB

Truist Securities analyst Mark Hughes has reaffirmed a Buy rating on WR Berkley (NYSE:WRB) and increased the price target from $83 to $95, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:05 pm

CHPT

ChargePoint Holdings (NYSE:CHPT) has received mixed analyst ratings over the past three months, with 9 analysts offering evaluations. The average 12-month price target is now $3.24, down from $7.46, indicating a 56.57% decline. Analysts from firms including Goldman Sachs, Citigroup, B. Riley Securities, Needham, HSBC, UBS, RBC Capital, and JP Morgan have adjusted their ratings and price targets, mostly lowering them in response to market conditions and company performance. ChargePoint, which operates in the EV charging infrastructure market, shows a negative revenue trend with a -12.01% decline in growth, a high net margin of -143.47%, and below-average ROE and ROA, indicating financial challenges.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:02 pm

ADT

ADT Inc. has announced its decision to exit the residential solar business, alongside plans to increase its dividend and initiate a $350 million share repurchase program. These strategic moves have led to an increase in ADT's stock price.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:02 pm

EFSH

1847 Holdings (EFSH) is offering up to 2,673,797 common shares at $1.87 each, the closing price on January 19, 2024. They also offer pre-funded warrants as an alternative to shares for purchasers who would exceed ownership limits. The warrants are exercisable for one common share at a nominal price and are immediately exercisable. EFSH does not plan to list the warrants and expects no market development for them. The offering is expected to close within two business days without a minimum share or proceeds requirement. Spartan Capital Securities, LLC is engaged as the placement agent on a best-efforts basis without a minimum sale requirement.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:02 pm

T

The analysis compares AT&T (NYSE:T) with its peers in the Diversified Telecommunication Services industry, highlighting its financial indicators and market standing. AT&T shows potential undervaluation with lower P/E, P/B, and P/S ratios than the industry average. However, its lower EBITDA, gross profit, and revenue growth compared to peers may indicate financial challenges. The company's moderate debt-to-equity ratio suggests a balanced financial structure.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:02 pm

TTWO

Take-Two Interactive (NASDAQ:TTWO) has been evaluated by 17 analysts over the last three months, with opinions ranging from bullish to bearish. Recent assessments show 8 bullish and 8 somewhat bullish ratings, with an average 12-month price target of $175.94, up from $162.55. Analysts from firms like Stifel, Benchmark, and Goldman Sachs have raised their price targets, indicating a positive outlook on the company's performance. Take-Two, known for franchises like 'Grand Theft Auto', faces challenges with a -6.77% revenue decline and a net margin of -41.84%, but has a strong ROE and ROA, and a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:02 pm

VIRT

Virtu Financial Inc. (NASDAQ:VIRT) experienced a significant drop in its stock price, trading at $17.19 after a 10.47% decrease. Over the past month and year, the stock has declined by 15.74% and 13.54%, respectively. The company's P/E ratio of 11.7 is lower than the Capital Markets industry average of 28.66, which could suggest that the stock is undervalued or that shareholders have low expectations for future performance.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:00 pm

JL

Shares of J-Long Group are experiencing increased volatility following their initial public offering (IPO).

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 3:59 pm

AKTS

Akoustis Technologies' stock price is trading lower following the announcement of a public offering of $10 million of its common stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 3:55 pm