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PRA

ProAssurance (NYSE:PRA) has been the subject of 4 analyst reviews over the past three months, showing a mix of bullish to indifferent sentiments. The average 12-month price target has been adjusted to $18.75, marking a 6.25% decrease. Analysts from Piper Sandler, JMP Securities, and Truist Securities have lowered their price targets, reflecting a cautious outlook on the company's performance. ProAssurance, a provider of professional liability insurance, faces challenges in revenue growth, net margin, ROE, and ROA, lagging behind industry averages.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:01 pm

CECO

CECO Environmental (NASDAQ:CECO) is scheduled to release its quarterly earnings report on March 5, 2024, with an expected EPS of $0.24. Analysts and investors will be closely watching for not only an earnings beat but also positive future guidance. Historical data shows mixed reactions to past earnings, with the stock price fluctuating based on performance and guidance. Shares have seen a 53.97% increase over the last 52 weeks, indicating a positive trend for long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:01 pm

LULU

A comprehensive performance comparison of Lululemon Athletica (NASDAQ:LULU) and its competitors in the Textiles, Apparel & Luxury Goods industry reveals LULU's strong financial performance and growth prospects. Despite high PE, PB, and PS ratios suggesting a potentially overvalued stock, LULU's superior ROE, EBITDA, gross profit, and revenue growth, alongside a lower debt-to-equity ratio, indicate robust profitability and a strong financial position relative to its peers.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:01 pm

RIOT

Riot Platforms (NASDAQ:RIOT), a vertically integrated Bitcoin mining company, has received mixed analyst ratings over the past three months, with 7 analysts offering perspectives ranging from bullish to somewhat bullish, and none bearish. The average 12-month price target for RIOT is $19.79, with a high of $22.50 and a low of $18.00, marking a 3.5% increase from the previous average of $19.12. The company has shown positive performance with a 31.03% revenue growth rate as of December 31, 2023, a net margin of 100.53%, and an ROE of 4.91%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:01 pm

MSFT

Microsoft (NASDAQ:MSFT) is analyzed in comparison to its competitors in the Software industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Microsoft shows strong performance and financial health, outperforming industry averages in several key areas, suggesting it may be undervalued based on its P/E and P/B ratios but potentially overvalued based on its P/S ratio.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:00 pm

PAGS

PagSeguro Digital (NYSE:PAGS) received mixed analyst ratings over the past three months, with a positive shift in the 12-month price target to $15.45, up 22.62% from $12.60. Analysts from Cantor Fitzgerald, Barclays, New Street Research, and Goldman Sachs raised their price targets, reflecting optimism about the company's performance. Despite facing revenue challenges and lagging ROE, PagSeguro Digital exhibits strong net margin and ROA, indicating effective cost control and asset utilization.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:00 pm

F

Ford Motor Company reported a 10.5% increase in unit sales for February, totaling 174,192 units. Sales of internal combustion units rose by 7.5%, electric vehicle (EV) sales surged by 81% to 3,523 units, and hybrid vehicle sales increased by 32% to 12,045 units.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 4:00 pm

CLVT

CNHI

EXXRF

Exor N.V. (OTC:EXXRF) has increased its stake in Clarivate Plc (NYSE:CLVT) to 10.1% with an option to further increase it to 17.5%. Suzanne Heywood, COO of Exor, is proposed to join the Clarivate Board of Directors, pending election at the Annual General Meeting on May 7, 2024. Clarivate's shares rose by 3.01% to $7.36 following the announcement.

Portfolio Pulse from Akanksha Bakshi

March 04, 2024 | 3:56 pm

AVGO

Broadcom's stock price increased following Rosenblatt's decision to maintain a Buy rating and raise its price target from $1,160 to $1,500.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 3:54 pm

SPY

Bank of America's equity strategist, Savita Subramanian, has raised the year-end target for the S&P 500 to 5,400, indicating a 5% upside potential. Despite the positive outlook, she warns of potential market volatility, citing a neutral sentiment gauge and a divergence between the S&P 500 index and the percentage of stocks trading above their 50-day moving average. The SPDR S&P 500 ETF Trust (SPY) has seen gains, but the market's breadth is narrowing, suggesting caution.

Portfolio Pulse from Piero Cingari

March 04, 2024 | 3:50 pm