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ARM

Analyst ratings for ARM Holdings (NASDAQ:ARM) show a mix of bullish to bearish sentiments, with recent updates indicating a positive trend in price targets, suggesting a 38.83% increase from the previous average. ARM's financial performance shows solid revenue growth but challenges in profitability and asset utilization. The company's technology is widely used in smartphones and other devices, with a business model based on licensing its architecture.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 12:01 pm

TOST

Recent analysis of Toast (NYSE:TOST) by 8 analysts over the past three months shows a mix of bullish to bearish sentiments, with the current average 12-month price target at $20.12, up 13.35% from the previous $17.75. Analyst actions include ratings adjustments and price target changes, reflecting dynamic market conditions and company performance. Toast, a U.S.-based restaurant technology company, has shown a solid revenue growth rate of 37.23% as of September 30, 2023, but faces challenges in profitability and efficiency, with a net margin of -3.0% and ROE of -2.78%.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 12:00 pm

ATRC

AtriCure (NASDAQ:ATRC) has received diverse analyst ratings over the last three months, with a shift towards more bullish perspectives. The average 12-month price target for ATRC has increased to $49.75, up 6.99% from $46.50. Analyst actions include ratings and price target adjustments by Needham and JMP Securities, reflecting evolving market conditions and AtriCure's performance. AtriCure specializes in surgical treatments for atrial fibrillation and other conditions, showing strong financial health with significant revenue growth and efficient cost management despite a lower market capitalization compared to peers.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 12:00 pm

GMM

IRDM

MITQ

SJ

The article highlights four oversold tech and telecom stocks in the communication services sector with RSI values near or below 30, indicating potential for growth in February. These include Scienjoy Holding Corporation (SJ), Global Mofy Metaverse Limited (GMM), Moving iMage Technologies, Inc. (MITQ), and Iridium Communications Inc. (IRDM). Each company's recent performance and stock price action are discussed, suggesting a short-term investment opportunity.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 11:54 am

ASIX

AdvanSix (NYSE:ASIX) reported Q4 adjusted EPS of $(0.10), surpassing the $(0.21) estimate, and sales of $382.21M, exceeding the $335.87M estimate. This represents a 107.87% decrease in EPS and a 5.41% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 11:31 am

B

Barnes Group (NYSE:B) reported Q4 adjusted EPS of $0.41, surpassing the $0.35 estimate, but sales of $415.54M fell short of the $420.47M estimate. This represents a 21.15% decrease in earnings and a 32.56% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 11:31 am

GOOG

GOOGL

MSFT

Alphabet Inc.'s Google quadrupled a salary offer to retain an employee targeted by Perplexity AI, highlighting the intense competition and talent wars in the AI sector. Despite recent layoffs, Google's move indicates the high value it places on key personnel. This comes as Google faces increasing competition from AI startups like OpenAI, backed by Microsoft, and others aiming to challenge Google Search's dominance.

Portfolio Pulse from Rounak Jain

February 16, 2024 | 11:22 am

BGNE

PRDSY

XPEV

The Hang Seng Index is set to expand by potentially including Prada (OTC:PRDSY), XPeng (NYSE:XPEV), and BeiGene (NASDAQ:BGNE) in its upcoming quarterly review. This move aims to boost the global market presence and appeal of Hong Kong's stock market, which has faced challenges including a more than 6% drop this year. The inclusion of foreign and electric vehicle companies could enhance the market's diversity and attractiveness to global companies.

Portfolio Pulse from Benzinga Neuro

February 16, 2024 | 11:19 am

PVH

TD Cowen analyst John Kernan upgraded PVH Corp (NYSE:PVH) from Market Perform to Outperform and increased the price target from $86 to $150.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 11:18 am

AMX

Jefferies analyst Alex Wright upgrades America Movil (NYSE:AMX) from Hold to Buy and increases the price target from $19.16 to $22.22.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 11:15 am