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NRDY

In the last three months, Nerdy (NYSE:NRDY) received mixed analyst ratings, with a shift towards a more positive outlook in recent evaluations. The average 12-month price target for NRDY has been raised to $4.19 from $3.25, indicating a 28.92% increase. Analysts from Goldman Sachs, Needham, and JP Morgan have updated their ratings and price targets, reflecting changes in market conditions and Nerdy's performance. Despite a lower market capitalization and challenges in profitability, Nerdy has shown impressive revenue growth of 31.77% as of December 31, 2023, surpassing industry averages in the Consumer Discretionary sector.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 6:01 pm

CXW

Recent analyst ratings for CoreCivic (NYSE:CXW) show a unanimous somewhat bullish outlook, with four analysts maintaining an 'Outperform' rating. The 12-month price target has been raised to an average of $18.75, indicating a 7.14% increase from the previous target of $17.50. CoreCivic's financial performance shows a revenue growth of 4.2% for the last quarter of 2023, but it trails behind industry averages in net margin, ROE, and ROA, indicating potential challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 6:00 pm

GXO

GXO Logistics (NYSE:GXO) has been the subject of 7 analyst ratings over the past three months, showing a mix of bullish to bearish sentiments. The average 12-month price target has been adjusted to $70.00, a decrease from the previous $73.33. Analyst actions include both upgrades and downgrades, with price targets ranging from $50.00 to $82.00. GXO's financial performance is strong, with revenue growth, net margin, ROE, and ROA all surpassing industry benchmarks. The company's market capitalization is below industry standards, but it maintains a balanced debt approach.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 6:00 pm

ACVA

ACV Auctions (NASDAQ:ACVA) has been evaluated by 5 analysts over the last three months, showing a mix of bullish to bearish sentiments. The average 12-month price target for ACVA is $20.8, with a high of $23.00 and a low of $16.00, indicating a 2.31% increase from the previous target of $20.33. The company's financials reveal a positive revenue growth rate of 20.83% as of December 31, 2023, but a net margin of -19.63% and an ROA of -2.47%, suggesting challenges in profitability and asset utilization. Despite this, ACV Auctions has a strong ROE of -5.03% and a conservative debt-to-equity ratio of 0.25.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 6:00 pm

NOVC

SNDL

SNDL Inc. reported a Q1 2024 net revenue of CA$197.7 million, up from the previous year, with a gross profit of CA$50.4 million and a reduced net loss of CA$4.6 million. The company has no outstanding debt and is expanding in the US through a joint venture. SNDL and Nova Cannabis Inc. completed a deal transferring rights of four Dutch Love stores to Nova, with SNDL receiving $8.179 million in Nova shares.

Portfolio Pulse from Jelena Martinovic

May 09, 2024 | 6:00 pm

CPOP

DUOL

EMKR

SEZL

SGD

TIVC

Duolingo shares fell by 18% after reporting Q1 financial results, despite beating analyst estimates for earnings and sales. The company's Q2 and full-year revenue forecasts were slightly below estimates. Other stocks showed significant movement, with notable gainers including Pop Culture Group, Sezzle Inc., and Safe and Green Development, among others. Losers included Tivic Health Systems, EMCORE Corporation, and CytomX Therapeutics, with various reasons such as public offerings, mixed financial results, and clinical study data.

Portfolio Pulse from Avi Kapoor

May 09, 2024 | 5:57 pm

EVGO

Citigroup analyst Itay Michaeli maintains a Neutral rating on EVgo (NASDAQ:EVGO) and lowers the price target from $3 to $2.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 5:56 pm

AMZN

CMCSA

DIS

WBD

Warner Bros. Discovery Inc (NASDAQ:WBD) CEO David Zaslav is optimistic about retaining NBA rights against rivals like Comcast Corp's NBCUniversal and Amazon.com Inc's Prime Video. The competition could lead to higher fees for fewer NBA games for Warner and Disney. Zaslav believes in the appeal of Warner's sports lineup, including NCAA, NHL, and Nascar, despite potential financial challenges.

Portfolio Pulse from Shivani Kumaresan

May 09, 2024 | 5:56 pm

SANA

Sana Biotechnology shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 5:53 pm

VIV

Telefonica Brasil's shares (VIV) are trading lower following Barclays' decision to maintain an Equal-Weight rating while reducing the price target from $13 to $12.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 5:51 pm