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Genpact Limited (NYSE:G) reported better-than-expected Q2 earnings and raised its FY24 revenue and EPS guidance. The company posted earnings of 79 cents per share and sales of $1.18 billion, both surpassing analyst estimates. Following the strong performance, analysts have increased their price targets for Genpact. The stock rose 16.3% to $37.67.

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 6:02 pm

ARRY

Over the past three months, 13 analysts have shared their evaluations of Array Technologies (NASDAQ:ARRY), showing a range of sentiments from bullish to bearish. The average 12-month price target has decreased by 23.63%, with a current average target of $14.38. Analysts have predominantly lowered their ratings and price targets, reflecting a negative shift in sentiment.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:02 pm

DDOG

Deep-pocketed investors are showing a bearish sentiment towards Datadog (NASDAQ:DDOG) through significant options activity. Benzinga's options scanner highlighted 17 extraordinary options activities, with 64% of the sentiment being bearish. The price window eyed by these investors ranges from $95.0 to $135.0. Datadog's stock is currently down 1.6% at $112.24.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:02 pm

AMAT

Financial giants have shown a bearish sentiment towards Applied Materials (NASDAQ:AMAT) through options trading. Analysis reveals 27 unusual trades with a majority being bearish. The stock is currently trading at $192.22 with an upcoming earnings announcement in 6 days. Analysts have mixed ratings with an average target price of $268.33.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:01 pm

BLBD

In the last three months, 6 analysts have published ratings on Blue Bird (NASDAQ:BLBD), with a mix of bullish and somewhat bullish sentiments. Analysts have raised their 12-month price targets, with an average target of $63.83, reflecting a 20.05% increase from the previous average. Blue Bird has shown strong financial performance, including a 13.28% revenue growth rate, a net margin of 8.61%, and an ROE of 23.62%.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:01 pm

CB

Chubb (NYSE:CB) has outperformed the market over the past 10 years with an average annual return of 11.61%, resulting in a $100 investment growing to $301.59. The company currently has a market capitalization of $109 billion.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:00 pm

STWD

5 analysts have shared their evaluations of Starwood Property Trust (NYSE:STWD) over the past three months, showing a mix of bullish and bearish perspectives. The average 12-month price target has increased to $21.6, with a high estimate of $24.00 and a low estimate of $20.00. Recent analyst actions include rating adjustments and price target changes, reflecting evolving market conditions and company performance. Despite a significant decline in revenue, Starwood Prop Trust maintains strong financial metrics such as net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:00 pm

MMC

Marsh & McLennan (NYSE:MMC) has significantly outperformed the market over the past 15 years, delivering an average annual return of 16.18%. A $1000 investment in MMC 15 years ago would be worth $9,372.50 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:00 pm

ELF

e.l.f. Beauty, Inc. (NYSE:ELF) reported strong first-quarter results and raised its fiscal year outlook, expecting a 25%-27% year-over-year increase in net sales. Analysts provided mixed ratings, with price forecasts ranging from $161 to $260. The company is expanding internationally, entering new markets like Australia and Germany.

Portfolio Pulse from Nabaparna Bhattacharya

August 09, 2024 | 5:56 pm

CRVS

Corvus Pharmaceuticals shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 5:56 pm