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IREN

Iris Energy Limited (NASDAQ:IREN) shares are trading higher after announcing its 2024 expansion is fully funded with $301 million in cash and no debt. The company plans to have 460 MW of data center capacity and 20 EH/s of Bitcoin mining capacity by 2024. Analysts from Cantor Fitzgerald and Canaccord Genuity have reiterated their positive ratings on the stock, with price targets of $10 and $9, respectively. The stock has seen a 101% increase over the past year, with a 5.09% rise in the last month.

Portfolio Pulse from Erica Kollmann

April 01, 2024 | 5:01 pm

ASO

19 analysts have provided diverse opinions on Academy Sports (NASDAQ:ASO) over the past quarter, with a mix of bullish to bearish sentiments. The recent ratings show a shift towards a more bullish outlook, with an average 12-month price target of $79.11, up from $73.56. Analysts' actions range from maintaining to raising and lowering their price targets, reflecting their reaction to the company's performance and market conditions. Academy Sports has shown strong financial performance with a revenue growth rate of 2.77%, a net margin of 9.37%, and an ROE of 8.97%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:01 pm

EWBC

Eight analysts have recently updated their ratings and price targets for East West Bancorp (NASDAQ:EWBC), showing a mix of bullish and somewhat bullish opinions. The average 12-month price target has been raised to $88.88, up from $81.67, with a high estimate of $106.00 and a low of $76.00. Analyst actions include both upgrades and maintenance of ratings, reflecting a positive outlook on the company's performance despite a slight decline in revenue growth and a high debt-to-equity ratio. East West Bancorp's strong market presence, especially in the U.S. and China, along with its focus on commercial deposits and entertainment partnerships, supports its financial health as indicated by its net margin and ROE.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:01 pm

HLT

SLB

WYNN

The CNBC Halftime Report featured final trade recommendations, highlighting Schlumberger N.V. (SLB), Hilton Worldwide (HLT), and Wynn Resorts (WYNN). These companies were selected based on their current market performance and potential for future growth.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:01 pm

GLBE

Global E Online (NASDAQ:GLBE) received mixed analyst ratings, with an average 12-month price target of $45.67, reflecting an 8.74% increase from the previous target. The company's financial performance shows a positive revenue trend with a 38.77% growth rate, but challenges in profitability and efficiency metrics like net margin, ROE, and ROA. Its debt management is sound, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:00 pm

OPK

Recent analyst ratings for OPKO Health (NASDAQ:OPK) show a mix of bullish and somewhat bullish opinions, with an average 12-month price target of $2.75, indicating a 57.14% increase from the previous target. The company, a diversified biotech with operations in diagnostics and pharmaceuticals, faces challenges in revenue growth and asset utilization but has a strong net margin and ROE. Analysts maintain or adjust their ratings based on market conditions and company performance.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:00 pm

FCFS

FirstCash Hldgs (NASDAQ:FCFS) has delivered an average annual return of 12.29% over the past 20 years, outperforming the market by 4.4% annually. An initial investment of $1000 in FCFS 20 years ago would be worth $10,477.46 today. The company currently has a market capitalization of $5.75 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:00 pm

BKNG

Booking Holdings (NASDAQ:BKNG) has delivered an average annual return of 15.02% over the past 5 years, outperforming the market by 2.42% annually. A $100 investment in BKNG 5 years ago would now be worth $200.05. The company currently has a market capitalization of $123.97 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:00 pm

NVEI

Trading of Nuvei shares has resumed, indicating a return to normal trading activities for the company.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:00 pm

CSL

Analysts have updated their ratings and price targets for Carlisle Companies (NYSE:CSL), showing a positive outlook with an average 12-month price target of $399.75, marking a 10.66% increase from the previous target. The company's financial performance indicates a negative revenue trend but strong net margin and ROA, with challenges in ROE and a sound debt management position.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:00 pm