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UTZ

Utz Brands shares surged following the announcement of Q1 adjusted EPS results that exceeded expectations, alongside an upward revision of its FY24 adjusted EPS growth forecast.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 5:10 pm

MA

V

Mastercard Inc (NYSE:MA) reported Q1 results, causing early trading pressure on its shares. Analysts from Goldman Sachs, BMO Capital Markets, and JPMorgan provided insights, comparing Mastercard's performance with Visa Inc (NYSE:V). Goldman Sachs reduced Mastercard's price target, BMO Capital Markets highlighted solid revenue growth, and JPMorgan noted Mastercard's results were ahead of expectations but adjusted its outlook due to FX headwinds. Mastercard's shares slightly declined.

Portfolio Pulse from Priya Nigam

May 02, 2024 | 5:08 pm

EXPI

eXp World Holdings shares are trading higher following the announcement of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 5:07 pm

PH

Parker-Hannifin Corp (NYSE:PH) reported a slight increase in third-quarter fiscal 2024 sales to $5.07 billion, surpassing consensus estimates. Adjusted EPS rose to $6.51, beating expectations. The company saw mixed results in orders across its segments but experienced significant growth in the Aerospace Systems Segment. Operating cash flow and margins improved, leading to an upward revision of its fiscal 2024 outlook, including a raised adjusted EPS forecast and sales growth. Despite these positive results, PH shares dropped by 2.77%.

Portfolio Pulse from Akanksha Bakshi

May 02, 2024 | 5:06 pm

DBD

Diebold Nixdorf's shares surged following the announcement of their Q1 revenue results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 5:04 pm

MAX

MediaAlpha's shares surged following the announcement of Q1 financial results that exceeded expectations. Additionally, JP Morgan upheld an Overweight rating on the stock, increasing the price target from $18 to $30.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 5:03 pm

REXR

Analysts have provided diverse evaluations for Rexford Industrial Realty (REXR), with recent ratings ranging from bullish to bearish. The average 12-month price target is now $50.22, down from $54.17, reflecting a 7.29% decrease. The company's financial performance shows strong growth and profitability, with a notable revenue growth rate of 14.96% and a high net margin of 27.39%. Despite varying analyst opinions, Rexford's financial indicators suggest a robust financial health and operational efficiency.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 5:00 pm

MGM

Analyst ratings for MGM Resorts Intl (NYSE:MGM) show a diverse range of perspectives, with recent updates indicating a generally positive outlook. The average 12-month price target for MGM has increased to $55.00, up 7.23% from $51.29, with ratings ranging from 'Overweight' to 'Buy' and price targets adjusting upwards. MGM's financial performance is strong, with significant revenue growth, high net margin, and robust ROE and ROA, despite a high debt-to-equity ratio. The company's dominant position in the Las Vegas Strip and expanding operations, including U.S. sports and iGaming, contribute to its positive assessment.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 5:00 pm

CLMB

Climb Global Solutions shares are trading lower following the announcement of worse-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 5:00 pm

COR

Cencora (NYSE:COR) has been evaluated by 4 analysts over the last three months, showing a mix of bullish to bearish sentiments. Recent updates include raised price targets and ratings, with an average 12-month price target of $260.5, reflecting a 6.76% increase from the previous $244.00. Cencora, a leading pharmaceutical wholesaler, has shown impressive financial performance with significant revenue growth, high ROE, and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 5:00 pm