Latest news for M&G (OTC:MGPUF) Stock

M&G PLC is a United Kingdom-based company engaged in the savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company's reportable segment are Asset Management segment offers investment management to both wholesale and institutional clients. The Life segment operates in the savings and pensions market and includes corporate risk and individual and international solutions. The Wealth segment h provides access to a range of retirement, savings, and investment management solutions to its clients, and The Corporate Centre segment includes central corporate costs and debt costs.

M&G PLC

TD Cowen analyst Matthew Ramsay maintains Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) with a Buy, adjusts target to $210 from $1750 (10-1 Stock Split).

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AVGO

TD Cowen Maintains Buy on Broadcom, Adjusts Price Target To $210 (10-1 Stock Split)

According to a federal lawsuit, Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) is accused of infringing on 11 patents owned by Chinese chipmaker Yangtze Memory Tech. Co. Ltd. (YMTC).
YMTC claims the key Biden&#8217;s <a target="_blank" href="https://www.benzinga.com/government/24/05/38650086/intel-micron-among-winners-in-bidens-280b-chips-act-for-semiconductor-advancement" rel="noreferrer noopener">Chips Act beneficiary</a> used its patented inventions without authorization after YMTC surpassed Micron in the flash memory market in 2023, Bloomberg Law <a target="_blank" href="https://news.bloomberglaw.com/ip-law/micron-infringed-11-ymtc-semiconductor-tech-patents-suit-says" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/07/39748984/taiwans-president-expresses-gratitude-to-micron-ceo-for-ongoing-investment" rel="noreferrer noopener">Taiwan&#8217;s President Expresses Gratitude To Micron CEO For Ongoing Investment</a>
The complaint was filed on July 12 in the US District Court for the Northern District of California, just one day after a Texas judge upheld a $445 million jury verdict against Micron for infringing Netlist Inc.&#8217;s semiconductor patents.
<a target="_blank" href="https://www.benzinga.com/government/24/03/37947552/microns-strategic-moves-in-china-ceo-mehrotras-talks-and-expansion-plans-amid-shift-from-us-tech" rel="noreferrer noopener">Earlier in 2024</a>, Micron CEO Sanjay Mehrotra met with China&#8217;s Minister of Commerce to discuss deepening Micron&#8217;s operations and new investments in China. Mehrotra outlined Micron&#8217;s business plans and committed to complying with Chinese regulations, indicating a strong focus on expanding in the Chinese market.
Recently, <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39753049/micron-technology-analysts-remain-bullish-after-management-meetings-ai-could-become" rel="noreferrer noopener">analysts flagged</a> Micron&#8217;s optimistic outlook on pricing and the shift towards AI computing and enterprise storage products. The company aims to increase its share of high-bandwidth memory (HBM) to 20% to 25% by 2025, targeting a market exceeding $20 billion.
Investors can gain exposure to Micron through VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and Vanguard Value ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTV#NYSE">VTV</a>).
Price Action: MU shares traded lower by 2.09% at $128.13 at the last check on Tuesday.
Photo via Shutterstock

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What's Going On With Micron Technology Stock On Tuesday?

B of A Securities analyst Ming Hsun Lee maintains XPeng (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) with a Buy and lowers the price target from $12.7 to $11.7.

XPEV

B of A Securities Maintains Buy on XPeng, Lowers Price Target to $11.7

WIIM

KSCP

Knightscope shares are trading higher after the company announced the Knightscope K1 Laser.

The United Auto Workers (UAW)union is calling out the Biden administration for not pursuing accusations of labor abuses by <a href="https://www.benzinga.com/news/24/06/39297479/whats-going-on-with-caterpillar-shares-wednesday">a Mexican subsidiary</a> of Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), a U.S. manufacturer of earth-moving equipment.
In late June, the administration told a group of unions that it would not follow up on the complaint that the subsidiary retaliated against striking union members by making it difficult for them to find other jobs through blacklisting, the New York Times <a href="https://www.nytimes.com/2024/07/15/business/economy/uaw-usmca-mexico-trade-caterpillar.html">reported</a>.
Government policing of such violations under the U.S.-Mexico-Canada Agreement is intended to discourage American employers from moving jobs to Mexico for weaker labor protections.
Also Read: <a href="https://www.benzinga.com/news/24/04/38363664/after-uaw-wins-big-in-tennessee-40m-campaign-continues-35-car-plants-are-next">After UAW Wins Big In Tennessee, $40M Campaign Continues: 35 Car Plants Are Next</a>
The UAW argues the Biden administration may be encouraging companies to relocate work by declining to respond to the union complaint, the New York Times reported.
Caterpillar workers in Mexico "face harassment and blacklisting for daring to stand up, with no help from the U.S.M.C.A.," Shawn Fain, the president of the UAW, said in a statement. The UAW was among several labor groups that rose the complaint.
The Biden administration declined to comment on the complaint, but pointed to two dozen other cases it had pursued under the trade agreement. 
Caterpillar did not respond to Benzinga&#8217;s requests for comment on Tuesday.
Price Action: Caterpillar gained 2.15% to $353.20 in Tuesday&#8217;s mid-morning trading.
Global X Dow 30 Covered Call ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DJIA#NYSE">DJIA</a>) gained 0.22%, while Global X Dow 30 Covered Call &amp; Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DYLG#NYSE">DYLG</a>) edged up 0.26% and SPDR Dow Jones Industrial Average ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) jumped 1.27%. 
Amplify CWP Enhanced Dividend Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIVO#NYSE">DIVO</a>) advanced 0.96% and Inspire 100 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIBL#NYSE">BIBL</a>) picked up 0.19%.
Read Now:
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<li><a href="https://www.benzinga.com/news/24/07/39748499/uaw-president-shawn-fain-worried-about-bidens-re-election-chances-against-trump-report">UAW President Shawn Fain Worried About Biden&#8217;s Re-Election Chances Against Trump: Report</a></li>
</ul>
Photo: Shutterstock

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BIBL

SPDR Dow Jones Industrial Average ETF Trust

DIVO

DJIA

DYLG

UAW Criticizes Biden Administration For Not Pursuing Labor Abuse Complaint Against Caterpillar

Contracts

Management

GATX

Unifor Members At GATX Rail Ratify New Agreement; Says Members Of Unifor Local 21-A At GATX Rail Canada In Red Deer, Alberta, Have Ratified New 4-Year Collective Agreement

Guidance

Deutsche Bank CEO Says To Boost Asia Revenue To 'Well North Of 15%'; Co Is Ready To Expand Investments In Asia After Successfully Restructuring Itself And Stabilizing Its Earnings; Also Increasing Investments In Vietnam And Other Smaller Economies In The Region

Shares of The Charles Schwab Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) fell sharply during Tuesday's session following <a href="https://www.benzinga.com/quote/SCHW/earnings">second-quarter results.</a>
Charles Schwab said adjusted net income declined 2% Y/Y to $1.465 billion. Adjusted EPS fell 3% Y/Y to 73 cents, beating the consensus of 72 cents, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Charles Schwab shares dipped 7.5% to $69.42 on Tuesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Yoshitsu Co., Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKLF#NASDAQ">TKLF</a>) jumped 109% to $0.6437 after the company reported a year-over-year increase in FY24 financial results.</li>
<li>Silo Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SILO#NASDAQ">SILO</a>) shares climbed 95.4% to $2.12 after the company obtained an exclusive global license to develop, manufacture, and commercialize its Alzheimer&#8217;s drug.</li>
<li>Logistic Properties of the Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPA#NYSE">LPA</a>) shares climbed 53.8% to $23.71.</li>
<li>NaaS Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) gained 38% to $3.8503.</li>
<li>Virpax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) gained 38% to $1.4799.</li>
<li>AEON Biopharma, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEON#NYSE">AEON</a>) shares rose 29.2% to $2.9450 after jumping around 63% on Monday.</li>
<li>Conduit Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDT#NASDAQ">CDT</a>) gained 27.3% to $0.3055 after declining over 8% on Monday.</li>
<li>AngioDynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGO#NASDAQ">ANGO</a>) surged 24.7% to $7.39 after the company reported better-than-expected fourth-quarter financial results and issued FY25 guidance.</li>
<li>KWESST Micro Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KWE#NASDAQ">KWE</a>) gained 22.8% to $0.4160</li>
<li>Zenvia Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZENV#NASDAQ">ZENV</a>) climbed 22.7% to $1.9634. The company announced that it entered into an agreement with Alliance Global Partners to offer and sell Class A common shares up to $20 million.</li>
<li>Locafy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCFY#NASDAQ">LCFY</a>) rose 21% to $4.4150.</li>
<li>SciSparc Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRC#NASDAQ">SPRC</a>) gained 20% to $1.0150.</li>
<li>Koss Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOSS#NASDAQ">KOSS</a>) rose 19.8% to $10.45.</li>
<li>Alpha Technology Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATGL#NASDAQ">ATGL</a>) climbed 19.2% to $3.42.</li>
<li>Meiwu Technology Company Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WNW#NASDAQ">WNW</a>) shares rose 16.1% to $1.01 after surging around 15% on Monday.</li>
<li>NetSol Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTWK#NASDAQ">NTWK</a>) climbed 16% to $3.0501 as the company signed a $16 million agreement with a major automaker to revolutionize digital car buying and leasing experience in the United States.</li>
<li>Chegg, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHGG#NYSE">CHGG</a>) gained 15% to $3.6440. Morgan Stanley analyst Josh Baer upgraded Chegg from Underweight to Equal-Weight and lowered the price target from $6.5 to $3.25.</li>
<li>8&#215;8, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) gained 13.3% to $2.8450. 8&#215;8. secured a $200 million term loan at reduced interest rate.</li>
<li>Fate Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FATE#NASDAQ">FATE</a>) gained 12.8% to $4.39.</li>
<li>Pacific Biosciences of California, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PACB#NASDAQ">PACB</a>) rose 12.8% to $1.8350. PacBio is expected to hold its quarterly conference call to discuss its second quarter financial results on Wednesday, Aug. 7.</li>
<li>Newegg Commerce, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEGG#NASDAQ">NEGG</a>) gained 11.8% to $1.14.</li>
<li>Harmony Gold Mining Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMY#NYSE">HMY</a>) jumped 11.8% to $10.57</li>
<li>Sana Biotechnology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANA#NASDAQ">SANA</a>) surged 11.7% to $7.11.</li>
<li>ServisFirst Bancshares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFBS#NASDAQ">SFBS</a>) climbed 10.8% to $78.60 after the company reported better-than-expected second-quarter financial result. Also, Piper Sandler maintained a Neutral rating on the stock and raised its price target from $63 to $70.</li>
<li>Match Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>) rose 7.9% to $34.54 after Starboard Value sent a letter to the company outlining initiatives for improving growth, profitability and capital allocation.</li>
<li>Arvinas, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARVN#NASDAQ">ARVN</a>) gained 7.7% to $32.27.</li>
<li>Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) shares rose 7.3% to $68.92 after B of A Securities upgraded the stock from Neutral to Buy.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Cyngn Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) shares fell 22.1% to $7.15 after jumping 54% on Monday.</li>
<li>Autonomix Medical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMIX#NASDAQ">AMIX</a>) shares declined 21.4% to $1.08. Autonomix shares jumped 130% on Monday after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Generator.</li>
<li>Zeo Energy Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZEO#NASDAQ">ZEO</a>) fell 18% to $3.23.</li>
<li>Clearmind Medicine Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMND#NASDAQ">CMND</a>) fell 16.7% to $1.85. Clearmind Medicine announced the FDA clearance for IND application of MEAI-based CMND-100 oral capsule.</li>
<li>Crown LNG Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGBS#NASDAQ">CGBS</a>) declined 15.8% to $2.65.</li>
<li>Funko, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>) shares fell 13.3% to $8.71.</li>
<li>Shapeways Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHPW#NASDAQ">SHPW</a>) fell 13.2% to $0.3010.</li>
<li>Vicinity Motor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEV#NASDAQ">VEV</a>) shares dipped 12.8% to $0.5581 after dipping 10% on Monday.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares fell 8.7% to $37.04. Trump Media &amp; Technology Group shares jumped over 31% on Monday following the attempted assassination of Donald Trump.</li>
<li>Greenpro Capital Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRNQ#NASDAQ">GRNQ</a>) shares fell 8.5% to $1.08. Greenpro Capital shares surged around 35% on Monday after the company announced that its subsidiary, Green-X, secured over $100 million in digital assets.</li>
<li>Grom Social Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROM#NASDAQ">GROM</a>) shares declined 7.8% to $0.3945 after gaining around 10% on Monday.</li>
<li>Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) fell 7.1% to $67.83 after Loop Capital downgraded the stock from Buy to Hold.</li>
<li>Eos Energy Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EOSE#NASDAQ">EOSE</a>) fell 7% to $1.9150.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39792248/jim-cramer-says-if-you-sell-this-chinese-ev-stock-now-some-clown-will-be-real-posit">Jim Cramer Says If You Sell This Chinese EV Stock Now, &#8216;Some Clown&#8217; Will Be &#8216;Real Positive About It,&#8217; Wait Until &#8216;All That Stuff Happens</a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39792248/jim-cramer-says-if-you-sell-this-chinese-ev-stock-now-some-clown-will-be-real-posit">&#8216;</a></li>
</ul>

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ZENV

Why Charles Schwab Shares Are Trading Lower By Over 7%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Shiba Inu&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) rally comes off the back of significant growth in key Shibarium metrics, with further bullish momentum anticipated in <a href="https://www.benzinga.com/money/shiba-inu-price-prediction">the upcoming months</a>.
What Happened: Crypto trader Javon Marks, in his recent X <a href="https://x.com/JavonTM1/status/1813201645867515917">post</a>, forecasted Shiba Inu&#8217;s price could reach unprecedented highs. He pointed out that the meme coin has shown significant progress since his original analysis, noting a roughly +400% move from $0.000009079 to $0.00004559.
He believes there is further growth to come if the current breakout holds and estimates a potential +351% move from the current value towards the breakout target of $0.0000886, its all-time high. Validating the strength of the meme coin is a recent hidden bullish divergence between prices and the relative strength index (RSI).
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39791586/dogecoin-shiba-inu-pepe-will-still-have-supercycle-but-2021-may-never-happen-again-muses-t">Dogecoin, Shiba Inu, Pepe Will Still Have Supercycle But &#8216;2021 May Never Happen Again,&#8217; Muses Trader</a>
Why It Matters: Benzinga's technical stock analysis shows Shiba Inu's RSI at 57, a bullish momentum signal. The 50-day simple moving average (SMA) and the 200-day SMA are very close to convergin, which could lead to a golden cross or death cross. Currently, the 50-day SMA is above the 200-day SMA, increasing the probability of a bullish price action in the near term.
Shibariumscan data shows active accounts up from 489 on July 14 to 602 to July 15. New accounts increased fourfold from 6 to 27 in the same period. New transactions increased from 3,185 to 4,319 and new verified contracts for the period rose from 10 to 26.
IntoTheBlock data shows large transaction volume surging by 95.6% and transactions greater than $100,000 increased from 57 on July 14 to 82 on July 15. 73% of SHIB is in the hands of large holders, while 78% of SHIB holders accumulated the coin for more than one year.
What&#8217;s Next: The influence of meme coins is expected to be thoroughly explored at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39750803/dogecoin-killer-shiba-inu-developers-outline-future-plans-in-first-ever-interview">&#8216;Dogecoin Killer&#8217; Shiba Inu Developers Outline Future Plans In First-Ever Interview</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$SHIB

Is 'Dogecoin Killer' Shiba Inu Approaching A 'Golden Cross'? Here's What Technical Analysis Says

Sunrun Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) has recently caught investor attention with a technical chart formation known as the Golden Cross, signaling a <a href="https://www.benzinga.com/topic/golden-cross">robust bullish trend</a>. 
This key technical pattern, combined with positive analyst projections, indicates promising upside potential for Sunrun&#8217;s stock. Here&#8217;s some analysis of what to expect moving forward.
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="630" height="450" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16104144/Screenshot-2024-07-16-at-6.55.57-PM.png" alt="" class="wp-image-438757" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16104144/Screenshot-2024-07-16-at-6.55.57-PM.png 630w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16104144/Screenshot-2024-07-16-at-6.55.57-PM-300x214.png 300w" sizes="(max-width: 630px) 100vw, 630px" /></a></figure>
<a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
<h2 class="wp-block-heading">Sunrun Stock&#8217;s Bullish Golden Cross</h2>
Sunrun&#8217;s stock is down both YTD and over the past year. However, technicals indicate the tide may now be turning to favor Sunrun.
The company&#8217;s stock recently crossed above its 50-day moving average (SMA), driven by bullish momentum. Moving average indicators on Sunrun&#8217;s price chart have also formed a Golden Cross—an important bullish signal where a shorter-term moving average crosses above a longer-term moving average.
Specifically, the 50-day SMA (currently at $13.03, yellow line in chart above) crossed over the 200-day SMA (at $12.91, blue line in chart above) forming a classic Golden Cross pattern. The formation typically signaling the beginning of a bullish trend. 
<h2 class="wp-block-heading">Buying Pressure Driving Strong Bullish Momentum</h2>
Other key technical indicators also suggest that the stock is currently experiencing a bullish technical outlook. 
The stock price of $15.66 is trading above its key moving averages, including the 5-day, 20-day, and 50-day exponential moving averages (EMAs), indicating strong buying pressure and positive momentum. 
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="630" height="450" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16105152/Screenshot-2024-07-16-at-8.21.18-PM.png" alt="" class="wp-image-438786" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16105152/Screenshot-2024-07-16-at-8.21.18-PM.png 630w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16105152/Screenshot-2024-07-16-at-8.21.18-PM-300x214.png 300w" sizes="(max-width: 630px) 100vw, 630px" /></a></figure>
<a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
The 8-day, 20-day, and 50-day simple moving averages (SMAs) are all lower than the current stock price, reinforcing the bullish trend. 
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="630" height="450" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16105203/Screenshot-2024-07-16-at-8.21.30-PM.png" alt="" class="wp-image-438789" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16105203/Screenshot-2024-07-16-at-8.21.30-PM.png 630w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16105203/Screenshot-2024-07-16-at-8.21.30-PM-300x214.png 300w" sizes="(max-width: 630px) 100vw, 630px" /></a></figure>
<a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
The Moving Average Convergence Divergence (MACD) indicator at 0.70 supports this view, suggesting continued upward momentum. However, the Relative Strength Index (RSI) at 61.13 indicates that the stock may be approaching overbought conditions. 
The Bollinger Bands also align with a bullish perspective, showing that the stock is trading above its lower bands.
Sunrun&#8217;s share price consistently trading above its 5, 20, and 50-day exponential moving averages indicates strong bullish momentum. The MACD reading of 0.70 suggests that buying pressure is present, further reinforcing the positive trend.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/07/39785609/jim-cramer-says-these-stocks-could-soar-or-sink-if-trump-wins-2024-election">Jim Cramer Says These Stocks Could Soar Or Sink If Trump Wins 2024 Election</a>
<h2 class="wp-block-heading">Analysts&#8217; Rate SunRun Stock A Strong Buy With Substantial Upside</h2>
Analysts are equally optimistic about Sunrun&#8217;s prospects. The consensus rating for Sunrun is a strong Buy, with a price target average of $27.30. 
Recent ratings from Susquehanna, Morgan Stanley, and Jefferies, dated July 15, June 14, and May 9, respectively, point to an average price target of $26.33.
This implies a potential upside of approximately 55% from Tuesday&#8217;s share price of $16.90.
The combination of a Golden Cross pattern, bullish technical indicators, and a favorable analyst consensus suggests that Sunrun stock is poised for significant upside. 
Despite a challenging year with a 22.3% decline over the past year and a 13% drop YTD, the recent technical signals and positive analyst outlook provide a compelling case for a bullish outlook on Sunrun's stock.
Investors should keep an eye on further developments as the stock continues to show promising signs of recovery and growth.
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Image created using artificial intelligence via Midjourney.

Technicals

Sunrun Stock: Golden Cross Sparks Bullish Sentiment, Potential Upside

The International Monetary Fund (IMF) revised its projected economic growth for the U.S. in 2024, <a href="https://www.benzinga.com/topic/imf">lowering it to 2.6%. </a>
What Happened: The revision is 0.1 percentage points below the agency&#8217;s April projection.
The IMF cited a slower-than-expected start to the year and an anticipated cooling in the labor market as reasons for slower GDP growth. 
The IMF also expects GDP growth to slow in 2025 to 1.9%, as the labor market continues to cool and consumption moderates. Fiscal policy will tighten gradually. By the end of 2025, growth should align with potential output, closing the positive output gap, according to the IMF.
The April 2024 WEO noted first-quarter growth surprises in many countries, though the U.S. and Japan saw notable downside deviations. In the U.S., a sharper-than-expected slowdown was attributed to moderating consumption and negative contributions from net trade.
&#8220;The United States shows increasing signs of cooling, especially in the labor market, after a strong 2023. The euro area, meanwhile, is poised to pick up after a nearly flat performance last year,&#8221; said Pierre-Olivier Gourinchas, IMF Director of Research.
Global growth projections remain aligned with the April 2024 WEO forecast, at 3.2% for 2024 and 3.3% for 2025, with the latter receiving an upward revision of 0.1 percentage points.
Spain and Turkey saw the largest upward revisions for 2024, with increases of 0.5 percentage points each, while Kazakhstan&#8217;s growth forecast was adjusted upward by 0.4 percentage points. 
Conversely, Saudi Arabia, Argentina, and Egypt experienced the sharpest downward revisions, at 0.9, 0.7, and 0.3 percentage points, respectively.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39797464/small-caps-are-having-a-moment-russell-2000-notches-best-5-day-rally-in-over-4-year">Small Cap Stocks Are Having A Moment — Russell 2000 Notches Best 5-Day Rally In Over 4 Years</a>
Why It Matters: The fight against inflation is not over, the IMF warns. 
Global inflation is projected to slow to 5.9% this year, down from 6.7% last year, indicating progress towards a soft landing.
However, disinflation progress has stalled in some advanced economies. This is particularly the case in the U.S., where services inflation remains stubbornly high and complicates monetary policy normalization.
&#8220;Progress on disinflation has slowed in the United States, raising upside risks to inflation,&#8221; the report states. This persistent services inflation is delaying policy normalization and increasing the likelihood of prolonged higher interest rates amid escalating trade tensions and policy uncertainty.
The IMF also expresses concern over the U.S.&#8217;s fiscal stance. Despite full employment, the U.S. continues to push the debt-to-GDP ratio higher, with risks to both the domestic and global economy.
&#8220;Fiscal challenges need to be tackled more directly,&#8221; Gourinchas said. &#8220;The increasing U.S. reliance on short-term funding is also worrisome.&#8221; 
With higher debt, slower growth, and larger deficits, debt trajectories could become unsustainable if government bond spreads increase, posing significant risks to financial stability.
In April, the Washington-based financial institution predicted that U.S. government deficits would remain above 6% for the remainder of the decade, with the debt-to-GDP ratio projected to increase from 122.1% to 133.9%.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Year</td>
<td>Government Deficit (As % of GDP)</td>
<td>Government Debt As % of GDP</td>
</tr>
<tr>
<td>2023</td>
<td>-8.8</td>
<td>122.1</td>
</tr>
<tr>
<td>2024</td>
<td>-6.5</td>
<td>123.3</td>
</tr>
<tr>
<td>2025</td>
<td>-7.1</td>
<td>126.6</td>
</tr>
<tr>
<td>2026</td>
<td>-6.6</td>
<td>128.9</td>
</tr>
<tr>
<td>2027</td>
<td>-6.2</td>
<td>130.7</td>
</tr>
<tr>
<td>2028</td>
<td>-6.4</td>
<td>132.6</td>
</tr>
<tr>
<td>2029</td>
<td>-6</td>
<td>133.9</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: IMF Fiscal Monitor – April 2024</figcaption></figure>
Now Read:
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Analyst Color

Macro Economic Events

Bonds

Econ #s

Economics

US Economy Cools Down, Europe Heats Up: International Monetary Fund Flags Sticky Inflation, Worrisome National Debt

CFRA analyst Kenneth Leon downgrades Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) from Hold to Sell and announces $39 price target.

Downgrades

CFRA Downgrades Bank of America to Sell, Announces $39 Price Target

Mullen Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) shares are <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading lower on Tuesday.</a>
The company revealed that its unit, Bollinger Motors, Inc., named former General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) <a href="https://www.benzinga.com/pressreleases/24/07/g39794783/bollinger-motors-names-former-gm-executive-james-taylor-as-ceo-promotes-bryan-chambers-to-presiden" target="_blank" rel="noreferrer noopener">executive </a><a href="https://www.benzinga.com/pressreleases/24/07/g39794783/bollinger-motors-names-former-gm-executive-james-taylor-as-ceo-promotes-bryan-chambers-to-presiden" target="_blank" rel="noreferrer noopener">James Taylor</a><a href="https://www.benzinga.com/pressreleases/24/07/g39794783/bollinger-motors-names-former-gm-executive-james-taylor-as-ceo-promotes-bryan-chambers-to-presiden" target="_blank" rel="noreferrer noopener"> as CEO</a>. 
He will assume the role from company founder Robert Bollinger, who will retain positions on the Board of Directors and as a major shareholder.
Additionally, the company appointed Bryan Chambers as President and Chief Operating Officer, and promoted Siva Kumar to Chief Strategy Officer and Senior Vice President of Finance.
In September of 2022, Bollinger Motors became a majority-owned company of Mullen Automotive.
&#8220;Robert and his team have done an incredible job of creating a world-class electric truck with the Bollinger B4, and the upcoming Bollinger B5. The response from the market has been very encouraging, and we are well-positioned to disrupt the Class 4 trucking market,&#8221; Taylor added.
Bollinger Motors intends to debut the Bollinger B4 Chassis Cab in the latter half of 2024.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/39786382/gm-delays-1m-ev-production-target-beyond-2025-market-isnt-developing-were-going-to-be-guided-by-" rel="noreferrer noopener">GM Delays 1M EV Production Target Beyond 2025: &#8216;Market Isn&#8217;t Developing… We&#8217;re Going To Be Guided By The Customer,&#8217; Says CEO Mary Barra</a>
This new electric vehicle, designed specifically for commercial use in Class 4, incorporates extensive feedback from fleets and upfitters. Featuring a unique chassis design, it safeguards the 800-volt battery and components, delivering exceptional capability, flexibility, and performance in the commercial sector.
Bollinger Motors has also qualified for federal clean vehicle incentives under the Inflation Reduction Act, granting $40,000 in refundable tax credits per truck.
Price Action: MULN shares are trading lower by 7.29% to $1.845 at last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Courtesy of Mullen Automotive, Inc.
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Equities

General

MULN

What's Going On With Mullen Automotive Stock Today?

DECK

FVRR

CNBC Halftime Report Final Trades: Deckers Outdoor, The Goldman Sachs Group, Fiverr International, Cheniere Energy

Envestnet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENV#NYSE">ENV</a>) has been analyzed by 3 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $62.05, with a high estimate of $64.00 and a low estimate of $59.00. Observing a 4.58% increase, the current average has risen from the previous average price target of $59.33. 
<img src="https://www.benzinga.com/files/images/story/2024/1721149285_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A clear picture of Envestnet's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Alex Kramm</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$63.15</td>
<td>$75.00</td>
</tr>
<tr>
<td>Daniel Perlin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$64.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Surinder Thind</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$59.00</td>
<td>$47.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Envestnet. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Envestnet compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Envestnet's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Envestnet's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ENV/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Envestnet analyst ratings.</a>
<h2>All You Need to Know About Envestnet</h2>
Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planning tools.
<h3>Breaking Down Envestnet's Financial Performance</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Positive Revenue Trend: Examining Envestnet's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.79% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Envestnet's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 0.77%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Envestnet's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.44% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Envestnet's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.13% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Envestnet's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.7, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Basics of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From Envestnet Analyst Ratings

Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $88.25, a high estimate of $105.00, and a low estimate of $76.00. This current average represents a 1.79% decrease from the previous average price target of $89.86. 
<img src="https://www.benzinga.com/files/images/story/2024/1721149277_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
A clear picture of Medtronic's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Richard Newitter</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$85.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Joanne Wuensch</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$85.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Shagun Singh</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$92.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>David Roman</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Sell</td>
<td>$83.00</td>
<td>-</td>
</tr>
<tr>
<td>Shagun Singh</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$92.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>Larry Biegelsen</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$105.00</td>
<td>$102.00</td>
</tr>
<tr>
<td>Matthew Taylor</td>
<td>UBS</td>
<td>Raises</td>
<td>Sell</td>
<td>$76.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Richard Newitter</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$88.00</td>
<td>$90.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Medtronic. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Medtronic compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Medtronic's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Medtronic's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/MDT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Medtronic analyst ratings.</a>
<h2>All You Need to Know About Medtronic</h2>
One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for roughly 50% of the company's total sales.
<h3>Medtronic: Delving into Financials</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Medtronic displayed positive results in 3 months. As of 30 April, 2024, the company achieved a solid revenue growth rate of approximately 0.51%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Health Care sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 7.61%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Medtronic's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.28%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Medtronic's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.72%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.5.
<h2>Analyst Ratings: What Are They?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What 8 Analyst Ratings Have To Say About Medtronic

4 analysts have shared their evaluations of Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $48.5, a high estimate of $56.00, and a low estimate of $41.00. This current average has increased by 10.23% from the previous average price target of $44.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1721149256_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The standing of Alaska Air Gr among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Christopher Danely</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$41.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Scott Group</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$55.00</td>
<td>-</td>
</tr>
<tr>
<td>Christopher Danely</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$42.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Andrew Didora</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$56.00</td>
<td>$50.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Alaska Air Gr. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Alaska Air Gr compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Alaska Air Gr's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Alaska Air Gr's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/ALK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Alaska Air Gr analyst ratings.</a>
<h2>Get to Know Alaska Air Gr Better</h2>
Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.
<h3>Key Indicators: Alaska Air Gr's Financial Health</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Alaska Air Gr showcased positive performance, achieving a revenue growth rate of 1.64% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Alaska Air Gr's net margin excels beyond industry benchmarks, reaching -5.91%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Alaska Air Gr's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -3.26% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Alaska Air Gr's ROA excels beyond industry benchmarks, reaching -0.9%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.96, Alaska Air Gr adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Alaska Air Gr Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

Analysts' ratings for EPAM Sys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>) over the last quarter vary from bullish to bearish, as provided by 16 analysts.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $245.19, with a high estimate of $317.00 and a low estimate of $195.00. This current average represents a 19.02% decrease from the previous average price target of $302.79. 
<img src="https://www.benzinga.com/files/images/story/2024/1721149248_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The perception of EPAM Sys by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Surinder Thind</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$237.00</td>
<td>$202.00</td>
</tr>
<tr>
<td>James Schneider</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Neutral</td>
<td>$200.00</td>
<td>-</td>
</tr>
<tr>
<td>Arvind Ramnani</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$230.00</td>
<td>$252.00</td>
</tr>
<tr>
<td>Harry Read</td>
<td>Redburn Atlantic</td>
<td>Announces</td>
<td>Neutral</td>
<td>$195.00</td>
<td>-</td>
</tr>
<tr>
<td>Sean Kennedy</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$258.00</td>
<td>$345.00</td>
</tr>
<tr>
<td>Ramsey El-Assal</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$200.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>Bryan Bergin</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$203.00</td>
<td>$282.00</td>
</tr>
<tr>
<td>Divya Goyal</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$245.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$210.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Arvind Ramnani</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$252.00</td>
<td>$317.00</td>
</tr>
<tr>
<td>Tien-Tsin Huang</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$311.00</td>
<td>$331.00</td>
</tr>
<tr>
<td>Arvind Ramnani</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$317.00</td>
<td>$369.00</td>
</tr>
<tr>
<td>Divya Goyal</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Outperform</td>
<td>$300.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Ramsey El-Assal</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$265.00</td>
<td>$315.00</td>
</tr>
<tr>
<td>James Faucette</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$225.00</td>
<td>$236.00</td>
</tr>
<tr>
<td>Ashwin Shirvaikar</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$275.00</td>
<td>$325.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to EPAM Sys. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of EPAM Sys compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for EPAM Sys's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of EPAM Sys's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/EPAM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on EPAM Sys analyst ratings.</a>
<h2>Unveiling the Story Behind EPAM Sys</h2>
EPAM Systems is a global IT services firm that offers platform engineering, software development, and consulting services. EPAM's largest market is North America, which represents approximately 60% of revenues. Offerings span assisting companies with new technologies, such as artificial intelligence, virtual reality, and robotics.
<h3>Unraveling the Financial Story of EPAM Sys</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining EPAM Sys's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -3.76% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: EPAM Sys's net margin is impressive, surpassing industry averages. With a net margin of 9.97%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): EPAM Sys's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.35%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): EPAM Sys's ROA stands out, surpassing industry averages. With an impressive ROA of 2.66%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: EPAM Sys's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.05.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

EPAM

Navigating 16 Analyst Ratings For EPAM Sys

Throughout the last three months, 6 analysts have evaluated Redwood Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RWT#NYSE">RWT</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $7.29, a high estimate of $8.00, and a low estimate of $6.50. A negative shift in sentiment is evident as analysts have decreased the average price target by 1.22%. 
<img src="https://www.benzinga.com/files/images/story/2024/1721149239_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Redwood Trust among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Richard Shane</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$7.50</td>
<td>$7.00</td>
</tr>
<tr>
<td>Jason Weaver</td>
<td>Jones Trading</td>
<td>Announces</td>
<td>Buy</td>
<td>$7.25</td>
<td>-</td>
</tr>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$6.50</td>
<td>$6.50</td>
</tr>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$6.50</td>
<td>-</td>
</tr>
<tr>
<td>Steven Delaney</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$8.00</td>
<td>$8.00</td>
</tr>
<tr>
<td>Steven Delaney</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$8.00</td>
<td>$8.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Redwood Trust. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Redwood Trust compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Redwood Trust's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Redwood Trust's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/RWT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Redwood Trust analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About Redwood Trust</h2>
Redwood Trust Inc is a real estate investment trust focused on different areas of housing credit. The company operates in three segments: the Residential Consumer Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale to whole loan buyers, securitization through SEMT (Sequoia) private-label securitization program, or transfer into its investment portfolio, Residential Investor Mortgage Banking segment consists of a platform that originates and acquires business purpose lending loans for subsequent securitization, sale, or transfers into its investment portfolio, and Investment Portfolio segment consists of organic investments sourced through residential and business-purpose mortgage banking operations.
<h3>Redwood Trust: A Financial Overview</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Redwood Trust's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 62.92%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Redwood Trust's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 38.98% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.37%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Redwood Trust's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.18% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Redwood Trust's debt-to-equity ratio is notably higher than the industry average. With a ratio of 11.56, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Critical Insights From Redwood Trust Analyst Ratings: What You Need To Know

During the last three months, 15 analysts shared their evaluations of DoubleVerify Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DV#NYSE">DV</a>), revealing diverse outlooks from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $32.53, a high estimate of $40.00, and a low estimate of $21.00. A decline of 20.66% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2024/1721149214_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive DoubleVerify Hldgs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$27.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Matthew Cost</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$21.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Matthew Swanson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$40.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Brian Pitz</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$38.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$25.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Matthew Swanson</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$40.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$30.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Andrew Boone</td>
<td>JMP Securities</td>
<td>Lowers</td>
<td>Market Outperform</td>
<td>$34.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Michael Graham</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$40.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Matt Farrell</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$30.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Mark Kelley</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$25.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Youssef Squali</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$32.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Laura Martin</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$33.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Vikram Kesavabhotla</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$34.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Justin Patterson</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$39.00</td>
<td>$45.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to DoubleVerify Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of DoubleVerify Hldgs compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Capture valuable insights into DoubleVerify Hldgs's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/DV/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on DoubleVerify Hldgs analyst ratings.</a>
<h2>Delving into DoubleVerify Hldgs's Background</h2>
DoubleVerify Holdings Inc is a digital media measurement and analytics software platform. The DV Authentic Ad ensures that a digital ad was delivered in a brand-safe setting, completely viewable, by a real individual, and in the expected geography, is one of its solutions. It generates revenues from its advertisement customers by charging a Measured Transaction Fee on the volume of Media Transactions Measured on the software platform.
<h3>DoubleVerify Hldgs: Financial Performance Dissected</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: DoubleVerify Hldgs's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 14.84%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: DoubleVerify Hldgs's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 5.08%, the company may face hurdles in effective cost management.
Return on Equity (ROE): DoubleVerify Hldgs's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 0.66%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): DoubleVerify Hldgs's ROA stands out, surpassing industry averages. With an impressive ROA of 0.57%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: DoubleVerify Hldgs's debt-to-equity ratio is below the industry average. With a ratio of 0.08, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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