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Berenson Acquisition Corp I Warrants (01/08/2026)

Berenson Acquisition Corp I

Rubicon Organics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RBTCW#OTC">RBTCW</a>) has released its 2023&nbsp;Environmental, Social and Governance (ESG) Report, which demonstrates significant progress by the company in reducing its environmental footprint.
The cannabis company, known for its organic certified products, is one of the few in the industry to publish a comprehensive sustainability report, reflecting the growing importance of&nbsp;<a href="https://www.benzinga.com/topic/climate-change">climate action</a>&nbsp;across sectors.
<h3 class="wp-block-heading">Carbon Footprint Slashed By 48%</h3>
The 2023 ESG Report showcases <a href="https://www.benzinga.com/markets/cannabis/24/08/40397166/rubicons-revenue-grows-profit-margins-shrink-in-q2-whats-next-for-this-canadian-cannabis-company">Rubicon's</a> success in cutting its&nbsp;carbon emissions by 48%, down to&nbsp;2,064 tons. This reduction is largely attributed to a major energy shift through a&nbsp;BC Hydro site upgrade, enabling Rubicon to use cleaner, renewable energy sources.
"We believe we are establishing industry benchmarks and building a robust and resilient cannabis industry in Canada," said Rubicon's CEO Margaret Brodie.
The report also highlights improvements in waste management, with a&nbsp;66% landfill waste diversion rate&nbsp;achieved through recycling, composting, and biofuel repurposing initiatives. These activities also helped reduce the cannabis carbon footprint generated during 2023.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/07/39992555/cannabis-sustainability-why-it-matters-and-how-to-achieve-it-with-practical-inexpensive-measures">Cannabis Sustainability: Why It Matters and How to Achieve It With Practical Inexpensive Measures</a>
<h3 class="wp-block-heading">Cannabis Footprint And ESG Reports </h3>
Although infrequent, reporting <a href="https://www.benzinga.com/topic/sustainability">sustainability</a> achievements like Rubicon's is becoming more common. As industries face mounting pressure to address&nbsp;climate change&nbsp;and corporate responsibility, the trend is for customers to value the efforts made by companies to diminish the environmental impacts of their activity.
While still relatively rare in the cannabis sector, the trend is gaining momentum globally.
Insights from the <a href="https://jcannabisresearch.biomedcentral.com/articles/10.1186/s42238-021-00090-0">scientific paper</a> "A Narrative Review on Environmental Impacts of Cannabis Cultivation" by environmentalists Zhonghua Zheng, Kelsey Fiddes and Liangcheng Yang help frame Rubicon's progress. The review noted that cannabis cultivation is notoriously <a href="https://www.benzinga.com/general/biotech/23/04/31620821/the-environmental-impact-of-cannabis-sustainable-growth-or-eco-disaster">resource-intensive</a>, with significant water use and greenhouse gas emissions tied to indoor growing operations.
Related to this, Rubicon's reductions in natural gas usage are vital to the mitigation of the environmental impact of indoor cannabis production.
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<h3 class="wp-block-heading">Diversity-Minded Company</h3>
Beyond carbon reduction, Rubicon had a 6% increase in employee count, ending 2023 with 178 workers. The company hired 65 new employees.
For the second year in a row, Rubicon reduced its&nbsp;employee turnover, down to&nbsp;32%&nbsp;from 43% in 2022. The company maintained its focus on diversity, with&nbsp;83%&nbsp;of the workforce belonging to underrepresented groups.
On the equity front, the&nbsp;gender wage gap&nbsp;favored women, with female employees earning&nbsp;33% more than men, while the company&#8217;s&nbsp;CEO pay ratio&nbsp;decreased to&nbsp;14.4:1&nbsp;from&nbsp;28.5:1&nbsp;in 2022.
If you&#8217;re curious about the report, which is the 4th put out by the company, you can download it <a href="https://www.rubiconorganics.com/our-business/esg-reporting/">here</a>.
<ul>
<li>Read Next: <a href="https://www.benzinga.com/markets/cannabis/24/08/40496120/new-york-cannabis-growers-given-one-year-to-submit-mandatory-sustainability-plans">New York Cannabis Growers Given One Year To Submit Mandatory Sustainability Plans</a></li>
</ul>
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Rubicon Organics: 83% Of Workforce From Diverse Groups, Women Earn 33% More Than Men, Cuts Carbon Footprint By 48% YoY

Beverage and food giant PepsiCo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) could provide an insight on shoppers' habits in the face of rising costs at the grocery store when third-quarter financial results are reported Tuesday <a href="https://www.benzinga.com/earnings">before market open</a>.
Earnings Estimates: Analysts expect PepsiCo to report third-quarter revenue of $23.83 billion, up from $22.32 billion in last year's third quarter, according to data <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100724&amp;t=be2bearmibe3na1">from Benzinga Pro</a>.
The company has beaten analyst estimates for revenue in eight of the last 10 quarters, but missed estimates in two of the last three quarters.
Analysts expect the company to report third-quarter earnings per share of $2.29, up from last year's $2.25. The company has beaten analyst estimates for earnings per share in more than 10 straight quarters.
Read Also: <a href="https://www.benzinga.com/trading-ideas/technicals/24/10/41208875/pepsico-slumps-ahead-of-q3-can-earnings-bring-the-fizz-back">PepsiCo Slumps Ahead Of Q3: Can Earnings Bring The Fizz Back?</a>
Key Items to Watch: Ahead of PepsiCo's third-quarter financial results, several analysts have updated their price targets. Here are<a href="https://www.benzinga.com/quote/PEP/analyst-ratings"> recent analyst ratings </a>on PepsiCo and their respective price targets:
<ul>
<li>RBC Capital: Maintained Sector Perform rating, lowered price target from $177 to $176</li>
<li>Barclays: Maintained Overweight rating, lowered price target from $187 to $186</li>
<li>JPMorgan: Maintained Neutral rating, raised price target from $182 to $185</li>
<li>Bank of America: Maintained Buy rating, lowered price target from $190 to $185</li>
</ul>
PepsiCo's report could provide a gauge of consumer spending, with a strong market share for both beverages and snack foods.
The company said it faced a difficult performance for North America convenient foods in the <a href="https://www.benzinga.com/news/earnings/24/07/39725480/pepsicos-q2-performance-annual-outlook-underwhelms-investors-stock-slides">second quarter</a>, which will likely be closely monitored.
Pepsi also recently announced the acquisition of tortilla chip maker Siete Foods <a href="https://www.benzinga.com/markets/equities/24/10/41118083/pepsico-eyes-tortilla-maker-siete-foods-in-1b-deal-report">for $1.2 billion.</a> The acquisition could bolster Pepsi&#8217;s presence in the healthier snack market and may prompt analysts to question whether further acquisitions are on the horizon.
The beverage and food giant could also update guidance for the full year and share how the Siete acquisition could impact revenue and earnings in the future.
PEP Price Action: PepsiCo stock is down 0.6% to $166.93 on Monday, versus a 52-week trading range of $157.43 to $183.79. Pepsi stock is down 3.4% year-to-date in 2024.
Read Next: 
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41205686/how-to-earn-500-a-month-from-pepsico-stock-ahead-of-q3-earnings">How To Earn $500 A Month From PepsiCo Stock Ahead Of Q3 Earnings</a></li>
</ul>
Photo via Shutterstock.

Previews

Pepsi Q3 Earnings Preview: Can The Beverage Giant Keep Beating Expectations and Boost Revenue Growth?

Tigress Financial analyst Ivan Feinseth maintains Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) with a Buy and raises the price target from $25 to $28.

Price Target

Analyst Ratings

Tigress Financial Maintains Buy on Carnival, Raises Price Target to $28

One of the world's largest insurance companies seemingly ended its coverage of the Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Cybertruck, before a clarification averted tensions between two of the most valuable companies run by <a href="https://www.benzinga.com/top-stories/24/10/41196469/musk-vs-buffett-which-investor-do-benzinga-readers-trust-to-turn-1-000-into-100-000-faster">two of the richest people</a>.
What Happened: According to a <a href="https://www.torquenews.com/11826/geico-terminating-insurance-coverage-tesla-cybertrucks-says-type-vehicle-doesnt-meet-our">report </a>from Torque News, Geico dropped the Tesla Cybertruck from its coverage.
Geico is owned by Warren Buffett&#8216;s Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>).
Robert Stevenson, who owns a Cybertruck, shared on social media platform X that GEICO told him they can no longer insure his Cybertruck.
"It makes no sense, as there are other, riskier cars out there. Let me know if you recommend any insurer for the truck. I have eight cards with an amazing record. I will be canceling my entire Geico policy," Stevenson tweeted.
Stevenson shared a letter from Geico, which appears to state that the Cybertruck insurance policy had been terminated.
"After a careful review of your policy records, we have determined that we are unable to continue your insurance coverage for the 2024 TESLA CYBERTRUCK," the letter says.
The letter goes on to say that the Cybertruck "type of vehicle doesn't meet our underwriting guidelines."
The Cybertruck is unique for its eccentric, stainless steel design. It also has other features that make it stand out from other pickup trucks and electric vehicles (EVs).
Torque News lists several reasons why the Cybertruck could be riskier than other vehicles to insure, with the high cost and wait time perhaps the biggest issue.
A Geico spokesperson <a href="https://www.theverge.com/2024/10/7/24264330/geico-insurance-coverage-cybertruck-cancelled-dropped-policy">responded </a>to The Verge and clarified that the company &#8220;has coverage available nationwide for the Tesla Cybertruck.&#8221;
Geico is third in U.S. vehicle automotive insurance market share (12.3%), according <a href="https://content.naic.org/sites/default/files/research-actuarial-property-casualty-market-share.pdf">to</a> the National Association of Insurance Commissioners. It trails State Farm (18.3%) and Progressive (15.2%)
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent100724">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: Geico&#8217;s comments and the fact that Stevenson's tweet has been deleted could point to a potential misunderstanding, or that some facts were left out of the storyline.
Still, this isn't the first time that Cybertruck owners have reported struggling with getting insurance policies for the electric pickup truck.
And while Buffett has butted heads with Tesla CEO Elon Musk in the past, the 94-year-old investor has also <a href="https://www.benzinga.com/news/22/04/26775738/lot-of-companies-make-cars-but-you-have-to-make-cars-that-people-want-warren-buffett-on-elon-musk-an-1">praised Musk in past interviews</a>.
Speculation could continue that Geico is looking to minimize risk with Tesla vehicles in the future based on Buffett's comments<a href="https://www.benzinga.com/markets/equities/24/05/38633307/warren-buffett-comments-on-whether-elon-musks-fsd-will-impact-berkshires-auto-insurance-business"> earlier this year</a> at the annual Berkshire Hathaway shareholders meeting.
An investor of Tesla and Berkshire Hathaway asked Buffett about the risks of full self-driving (FSD) on insurance companies.
Buffett said that lower accident rates are good for society and could be bad for insurance companies based on volume.
"You know, good for society is what we're looking for," Buffett said.
The billionaire said that if accident rates decline, insurance policies could get cheaper for consumers.
Tesla began Cybertruck <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/11/36032944/cybertruck-delivery-event-elon-musk-highlights-teslas-best-product-says-finally-the">deliveries last November</a>. Since then, the truck has become a staple of the Tesla EV lineup.
Check This Out:
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<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent100724">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Photo courtesy of Tesla.

TSLA

Warren Buffett Vs. Elon Musk: Did Geico Cut Insurance Coverage On Cybertrucks For Not Meeting 'Underwriting Guidelines'?

On Monday, a U.S. District judge ordered Alphabet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) to open its Google Play Store to competitors, making it easier for developers of mobile app stores to compete on <a href="https://www.benzinga.com/general/24/10/41124211/epic-games-starts-a-new-battle-with-google-and-samsung">Android phones and tablets.&nbsp;</a>
The Details: Judge James Donato issued his final ruling in Epic v. Google, ordering Google to distribute third-party app stores within the Google Play Store. The judge also ruled Google must give third-party app stores access to the full catalog of Google Play apps and allow developers to link to app downloads outside of the Play Store. 
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41176088/what-happened-with-vistra-constellation-energy-stocks-today">What Happened With Vistra, Constellation Energy Stocks Today?</a>
Google was also ordered to stop requiring Google Play billing for apps distributed on the Google Play Store and to allow developers to inform users about alternative payment methods from with the Play Store. 
What Else: The U.S. Department of Justice (DOJ) is expected to file a high-level framework for potential remedies on Tuesday in its separate search distribution trial against Google. 
JP Morgan analyst Doug Anmuth <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41211507/doj-to-file-remedies-framework-against-google-jp-morgan-sees-alphabet-eps-to-drop-1">expects the DOJ to present</a> a broad and punitive set of potential remedies that could include the separation of Android and Chrome and/or the separation of Google Search ads from Google. 
<h1 class="wp-block-heading">Will GOOG Stock Go Up?</h1>
When trying to assess whether or not Alphabet will trade higher from current levels, it's a good idea to take a look at analyst forecasts. 
Wall Street analysts have an average 12-month price target of $203.40 on Alphabet. The Street high target is currently at $220 and the Street low target is $185. Of all the analysts covering Alphabet, four have positive ratings, one has neutral ratings and no one has negative ratings.
In the last month, three analysts have adjusted price targets. Here's a look at recent price target changes <a href="https://www.benzinga.com/quote/GOOG/analyst-ratings">[Analyst Ratings]</a>. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Alphabet have performed in recent history.
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Alphabet is 17.79% up year-to-date. The average analyst price target suggests the stock could have further upside ahead.
For a broad overview of everything you need to know about Alphabet, visit <a href="https://www.benzinga.com/quote/GOOG">here</a>. If you want to go above and beyond, there's no better tool to help you do just that than <a href="https://pro.benzinga.com/">Benzinga Pro</a>. Start your free trial today.
GOOG Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Alphabet shares ended Monday's session down 2.47% at $164.39.&nbsp;&nbsp;
Read Also:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41186003/bitcoin-miner-iris-energy-releases-september-update-what-to-know">Bitcoin Miner Iris Energy Releases September Update: What To Know</a></li>
</ul>
Photo: Shutterstock

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Google Must Open Play Store To Competitors, Judge Orders

Citigroup analyst Brian Downey maintains Ovintiv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OVV#NYSE">OVV</a>) with a Buy and lowers the price target from $58 to $55.

Citigroup Maintains Buy on Ovintiv, Lowers Price Target to $55

Shares of&nbsp;Humana Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hum#NYSE">HUM</a>) have dropped 30.2% over the past month to close at $240.03 on Friday. The steep declines last week have pushed the stock&#39;s price closer to the lower end of its 52-week range of $213.31-$530.54. Having underperformed its peers like&nbsp;Molina Healthcare, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/moh#NYSE">MOH</a>) and Centene Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cnc#NYSE">CNC</a>), the overall industry, and the S&amp;P 500, the company&#39;s current share price seems an excellent opportunity to build a position in a renowned HMO company. After all, you would much rather buy closer to the low than the high, right?&nbsp;
<h2>One-Month Price Performance</h2>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/e4/80609.jpg?v=334232142" style="border-style:solid; border-width:1px; height:310px; width:600px" />
Image Source: Zacks Investment Research
HUM is trading below its 50 and 200-day moving averages, indicating a bearish outlook. Buying closer to the low can be attractive, but context matters - let&#39;s explore further.
<h2>HUM&#39;s Falling Stars</h2>
HUM experienced its worst share price fall since the financial crisis due to losing high-quality ratings on its major Medicare Advantage plans, which generate substantial revenue. The news slashed its star-rated membership from 94% to around 25%, triggering a selloff that wiped out a massive chunk of its market value.
This has not only affected Humana but also rippled through the broader health insurance sector. The health insurer, like many others, is already facing growing medical costs and tighter reimbursements from the government. This latest development is bound to affect its profit levels.
<h2>Analysts Downgrade HUM&#39;s Earnings Estimates</h2>
Reflecting the negative sentiment around Humana, the Zacks Consensus Estimate for earnings per share has seen downward revisions. The consensus estimate for 2024 adjusted earnings for HUM is currently pegged at $16.12 per share, indicating a 38.2% year-over-year decline. Over the past four quarters, its average earnings surprise is at negative 2.5%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/9b/80608.jpg?v=386647277" style="border-style:solid; border-width:1px; height:310px; width:600px" />
Image Source: Zacks Investment Research
<h2>HUM&#39;s Headwinds</h2>
With a sharp decline expected in Humana&#39;s top-rated Medicare Advantage plan enrollments next year, its revenues are likely to take a hit. This drop is expected to ripple through its partner network, affecting them depending on payment structures. The company has already been dealing with an anticipated membership decline, and this new development further hinders its member growth strategies.
In addition, Humana has been grappling with rising operating expenses. Over the past few years, operating costs surged 10.7% in 2021, 11.5% in 2022, and 14.9% in 2023. The trend has continued, with a 12.8% increase in operating expenses reported in the first half of 2024. The rise is attributed to higher benefits and operating costs, which are likely to pressure profit margins moving forward. Moreover, as senior citizens continue to resume elective procedures post-pandemic, medical costs are set to escalate further, adding to the company&#39;s financial challenges.
Also, its rising debt level is a concern. Long-term debt amounted to $11.7 billion at second-quarter end, up 15% from the figure as of Dec. 31, 2023.&nbsp;Its long-term debt to capital of 41.25% is higher than the industry average of 38.26%.
<h2>Final Words: Steer Clear of HUM Stocks</h2>
Humana is facing significant challenges, including membership decline, rising costs and debt burden. The stock is trading below key moving averages, signaling a bearish trend. With analysts downgrading earnings estimates, investors should approach HUM stock with caution as it shows serious downside potential. It currently carries a Zacks Rank #4 (Sell).
<a href="https://www.zacks.com/stock/news/2347052/humana-stock-getting-closer-to-52-week-lows-a-buying-opportunity?cid=CS-BENZ-FT-analyst_blog|52week_high/low-2347052">To read this article on Zacks.com click here.</a>

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Humana Stock Getting Closer to 52-Week Lows: A Buying Opportunity?

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Nyxoah Raises $27M Through At-the-Market Offering Via Sale Of 3M Shares

Citigroup analyst Patrick Cunningham maintains Air Products &amp; Chemicals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) with a Buy and raises the price target from $330 to $345.

Citigroup Maintains Buy on Air Products & Chemicals, Raises Price Target to $345

Editor&#8217;s note: This story has been corrected to reflect that Tim Walz is the governor of Minnesota. 
In previous presidential elections, the Democratic and Republican candidates typically didn&#8217;t address cannabis and cryptocurrency as issues <a href="https://www.benzinga.com/topic/election-day">heading into Election Day</a>. 
This year, it&#8217;s different. Both Vice President Kamala Harris and former President Donald Trump have recognized cannabis and cryptocurrency — two areas of coverage for Benzinga — as key topics of interest among the electorate.
On Tuesday and Wednesday, the future of the cannabis market will be front and center at the <a href="https://www.benzinga.com/events/cannabis-conference/">Benzinga Cannabis Capital Conference in Chicago</a>. 
For Trump, he seemingly took a hint <a href="https://www.benzinga.com/markets/cannabis/24/05/38880719/biden-announces-monumental-marijuana-rescheduling-doj-to-take-next-steps">from the Biden-Harris administration</a> and recognized that a majority of people, including most Republicans, <a href="https://www.benzinga.com/markets/cannabis/24/05/38922599/69-of-voters-including-majority-of-republicans-support-marijuana-legalization-did-you-catch-that">favor marijuana legalization</a>. Last month, he even expressed a desire to <a href="https://www.benzinga.com/markets/cannabis/24/09/40774795/trump-says-hell-reschedule-cannabis-if-elected-backs-marijuana-banking-reform-and-floridas-amend">federally reschedule cannabis</a> if he&#8217;s re-elected — a take that&#8217;s at odds <a href="https://www.benzinga.com/markets/cannabis/24/05/38649648/ron-desantis-plan-to-scuttle-floridas-cannabis-legalization-initiative-with-his-vast-fundraising">with other GOP leaders</a>. 
And when it comes to crypto, Trump was notoriously <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40429919/trumps-crypto-reversal-ex-president-reportedly-holds-more-than-1m-in-digital-assets">a skeptic at first</a>. Not anymore. Now the <a href="https://www.benzinga.com/government/21/01/19152983/donald-trump-is-the-first-us-president-to-be-impeached-twice">twice-impeached former president</a> is looking to cash in on the <a href="https://www.benzinga.com/24/09/40668757/trump-vs-harris-majority-of-us-crypto-owners-support-this-candidate">crypto fandom he&#8217;s amassed</a> and launch, with his sons, <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40800775/donald-trumps-world-liberty-financial-plans-to-raise-540m-with-token-sale">a new business venture</a> called World Liberty Financial. 
Voters keen on knowing where Harris stands on each issue will likely hope to get some answers this week when she and Minnesota Gov. Tim Walz, her running mate, embark on a media blitz, starting Monday night with <a href="https://www.benzinga.com/general/entertainment/24/10/41214476/will-kamala-harriss-media-blitz-including-60-minutes-and-call-her-daddy-improve-her-2024-el">a &#8220;60 Minutes&#8221; interview</a>.
The Democratic ticket will face a multitude of pointed questions on a variety of topics: the economy, inflation, women&#8217;s rights, saving democracy, 
Whether Harris mentions cannabis or crypto in her media appearances this week remains to be seen. Until then, here&#8217;s a recap of the candidate&#8217;s stance and questions her interviewers would be wise to ask. 
See Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/40713542/2024-election-cannabis-swing-state-voters-back-legalization-new-poll-reveals" target="_blank" rel="noreferrer noopener">2024 Election &amp; Cannabis: Swing State Voters Back Legalization, New Poll Reveals</a>
<h3 class="wp-block-heading">Harris On Cannabis</h3>
Last week, Harris — in an interview on &#8220;All the Smoke&#8221; — reiterated her stance on cannabis legalization to hosts and former NBA players Matt Barnes and Stephen Jackson.
"I just feel strongly, people should not be going to jail for smoking weed. And we know historically what that has meant and who has gone to jail," Harris <a href="https://www.benzinga.com/markets/cannabis/24/09/41106120/kamala-harris-we-need-to-legalize-cannabis-vp-says-for-first-time-as-presidential-candidate-in-a">told Barnes and Jackson</a>.
On average, Black people are 3.6 times more likely to be arrested on marijuana charges, according to ACLU data.
"Second, I just think we have come to a point where we have to understand that we need to legalize it and stop criminalizing this behavior," she added. "And actually, this is not a new position for me. I have felt for a long time we need to legalize. So that's where I am on that."
Harris&#8217; <a href="https://apnews.com/article/harris-positions-flipflop-trump-marijuana-death-penalty-f35dbacc2137e6aebc214befd4503ff8">critics</a> often point to her time as California attorney general from 2011 to 2017. At the time, she did not support legalizing recreational use of marijuana. Since then, she&#8217;s changed her view.
<a href="https://www.benzinga.com/markets/cannabis/20/10/17835892/kamala-harris-pledges-to-decriminalize-marijuana-expunge-records-at-vp-debate">During her 2020 debate</a> with then-Vice President Mike Pence, Harris promised to decriminalize the drug and expunge marijuana-related criminal records. By 2022, the <a href="https://www.benzinga.com/markets/cannabis/22/10/29175510/breaking-biden-announces-pardons-for-all-federal-marijuana-possession-convictions">White House announced a pardon</a> of all prior federal offenses of simple marijuana possession.
Key Question To Ask: Why has the number of people still imprisoned remained unchanged? The Last Prisoner Project has been calling on the White House to <a href="https://www.benzinga.com/markets/cannabis/24/10/41214802/joe-biden-quick-question-before-you-go-are-those-cannabis-pardons-from-2-years-ago-still-on">make good on its promise</a>. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/cannabis-conference/"><img loading="lazy" decoding="async" width="970" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07112738/ccc-oct-24-banner__1_-14.gif" alt="" class="wp-image-583764" /></a></figure>
<h3 class="wp-block-heading">Harris On Crypto</h3>
Polymarket, where gamblers bet on real-world events using cryptocurrency, currently has <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41214859/this-polymarket-trader-holds-6-4-million-in-donald-trump-election-bets-if-not-musk-definit">Trump in the lead</a>. This is perhaps a reflection of how the crypto community views Harris. 
Over the last four years, crypto investors and venture capitalists have grown frustrated with the way Biden-appointed SEC Chair Gary Gensler approached the industry.
Harris hears these complaints. She <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40972902/kamala-harris-finally-mentions-crypto-and-that-too-on-wall-street-promises-to-encourage-in" target="_blank" rel="noreferrer noopener">recently commented</a> on the future of digital assets at a Manhattan fundraiser, adding it to "innovative technologies" like artificial intelligence that are worth supporting.
She has also <a href="https://www.cnbc.com/2024/09/20/anthony-scaramucci-kamala-harris-campaigns-digital-asset-policies-.html">asked</a> SkyBridge Capital managing partner Anthony Scaramucci and other crypto advocates to advise her campaign's policies on digital assets.
Trump once dismissed cryptocurrency as worthless. He <a href="https://x.com/realDonaldTrump/status/1149472282584072192" target="_blank" rel="noreferrer noopener">warned</a> in 2019 that unregulated Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and other digital assets can &#8220;facilitate unlawful behavior, including drug trade and other illegal activity.&#8221; The <a href="https://www.benzinga.com/news/23/08/33851310/donald-trump-election-fraud-probe-georgia-grand-jury-reportedly-issues-10-indictments">quadruple-indicted candidate</a> has since pivoted 180 degrees on his position.
Key Question To Ask: Who would Harris name as SEC chair if she&#8217;s elected president? The future of the sector depends on it, as businesses dealing with crypto remain in the dark on the industry&#8217;s legal nuances. Trump is <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41212008/trump-considers-robinhood-exec-dan-gallagher-for-sec-chair-if-re-elected">reportedly looking to make his pick</a>.
What's Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be explored at Benzinga's upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event. Check it out on Nov. 19.
And in addition to &#8220;60 Minutes,&#8221; Harris has several other media appearances during the week, including:
<ul>
<li>Tuesday, Oct. 8, 11 a.m. ET: "The View" on ABC</li>
<li>Tuesday, Oct. 8, 1 p.m. ET: "The Howard Stern Show" on SiriusXM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>)</li>
<li>Tuesday, Oct. 8, 11:35 p.m. ET: "Late Show with Stephen Colbert" on CBS</li>
<li>Thursday, Oct. 10, 10 p.m. ET: Town Hall with TelevisaUnivision, partially owned by Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>)</li>
</ul>
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40678698/trump-said-kamala-harris-treated-mike-pence-horribly-gets-slammed-online-for-having-a-stunning-senil">Trump Said Harris Treated Mike Pence Horribly, Gets Slammed Online For Having A &#8216;Stunning Senile Moment&#8217;</a></li>
</ul>
Image: Shutterstock.

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Kamala Harris On Cannabis And Crypto: Key Questions That Could Be Answered On '60 Minutes' (CORRECTED)

It can be confusing, but Maplebear Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cart#NASDAQ">CART</a>) is better known as Instacart, the world&#39;s largest online grocery marketplace, and they also deliver groceries from over 85,000 stores to over 25 million people. However, unlike other delivery services like Uber Eats, owned by Uber Technologies Inc.&nbsp;and the world&#39;s largest restaurant delivery service, DoorDash Inc.&nbsp;and Amazon.com Inc.; Instacart is making inroads into in-store shopping, not just delivery.
Its rollout of Flyers, a digitized version of weekly flyers from local supermarkets, and artificial intelligence (AI) powered Caper Carts, which scan, weigh, and track everything you put into your shopping cart at the grocery store, is paving the way to capturing a piece of the in-store grocery shopping experience. Instacart continues to transform itself in the business services sector. Investors are taking note of its 70% year-to-date (YTD) gains coming off fresh 52-week highs.
<h2>Instacart&#39;s Competitive Advantage: Convenience, Massive Network and Flexibility</h2>
Instacart uses a network of personal shoppers to fulfill orders at the stores and deliver them to customers. Delivery can be performed same-day, next-day, or even scheduled in advance. While grocery stores are the primary network, Instacart also includes major retailers, warehouse clubs and department stores as part of their massive networking including Home Depot Inc., Costco Wholesale Co., Walgreens Boots Alliance Inc., Walmart Inc.&nbsp;Sam&#39;s Club, Sally Beauty Holdings Inc., and CVS Health Co.
Incidentally, non-members can shop at Costco through Instacart but will be paying non-member pricing. Costco members can add their member account number to their Instacart account to receive member pricing.
For retailers, Instacart enables them to turn in-store customers into omnichannel customers.
<h2>Revolutionizing In-Store Shopping: Instacart&#39;s New Tech Solutions</h2>
Instacart continues to grab a foothold in the in-store shopping experience. Here are some of its transformative products:
<ul>
<li>Caper Carts is just starting its rollout, but these smart carts will keep track of your items, creating a grocery list as you shop. The list can be adjusted and used for future grocery deliveries when you can&#39;t make it to the store. Additionally, you can avoid checkout lines when using Caper Carts, as you can pay for your groceries on the cart or in the app.</li>
<li>Carrot Tags enhance a store&#39;s existing electronic shelf labels (ESLs), enabling Instacart shoppers to scan and fulfill orders quickly. For in-store shoppers, Carrot Tags display information showing real-time eligibility for promotions, dynamic pricing, or EBT SNAP benefits. Instacart is linking Carrot Tags to Caper Carts to provide value-added service to in-store shoppers, who are alerted to discounts and promotions for items on their shopping list in real-time.</li>
<li>FoodStorm is a made-to-order prepared food platform available online, in-app, by phone, by e-mail, and at kiosks in-store ordering kiosks that enable customers to order prepared foods, like building a sandwich for pick-up from the deli or placing bakery and butcher counter orders, saving time and improving accuracy. It can also be used for catering orders. These are also linked to the Instacart app, which makes it convenient for customers to pick up in-store counter items without waiting in line.</li>
</ul>
Instacart CEO Fidji Simo stated, &quot;The beauty of all of our In-Store technologies is that they connect directly with Storefronts and with each other, so it&#39;s really a seamless experience for customers to buy from retailers online and In-Store.&quot;
Simo added, &quot;While it may seem like new retail media networks are popping up left and right, right now, we know that brands have limited time and resources, and they will ultimately want to work with platforms that have scales across all channels. And this is exactly where Instacart ads will shine because of our leading scale, performance, measurement, data, and product capabilities.&quot;
<h2>Maintaining Real-Time Updated Product Availability Is a Science </h2>
It&#39;s no easy task adding stores to its network since the Instacart app has to inventory all the products along with availability data in real-time for all the stores. This is done in a number of ways, like having the retailers send the updated availability and product data to Instacart through its API in real-time or once a day. Many retailers use real-time streams of items and their balances in hand. Instacart will utilize its&nbsp;machine learning (ML) algorithms to estimate availability without updates.
<h2>Instacart Joins the Ibotta Performance Network </h2>
The Ibotta Performance Network (IBN) enables its 50 million members to access Instacart&#39;s network of 85,000 grocery stores and over 1,500 retail banners. Ibotta provides cash rebates for purchases, and users can apply rebates toward Instacart delivery and service fees when they order groceries and products through Instacart.
<h2>CART Stock Sets Up a Second Bull Flag Pattern</h2>
A bull flag pattern is triggered when the stock surges through the upper parallel descending trendline resistance. The flag is formed after a steep run-up, forming the flagpole. It is comprised of parallel descending upper and lower trendlines indicating lower highs and lower highs.
<img alt="Instacart CART stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240929174729_chartc-cart.jpg" style="height:751px; width:915px" />
CART surged to 52-week highs at $42.58 on Sept. 20, 2024, to complete the flag pole run-up. The flag formation is followed by parallel descending upper and lower trendlines marking lower highs and lower lows. The bull flag can trigger if CART can surge through the upper trendline resistance above $40.85. The anchored daily VWAP support is at $36.36. The daily relative strength index (RSI) fell to the 62-band. Fibonacci (Fib) pullback support levels are at $37.22, $34.82, $31.67, and $29.99.
Maplebear&#39;s average consensus analyst price target is $43.33, and its highest analyst price target sits at $50.00. It has 14 Buy ratings and 11 Hold ratings from analysts.
Actionable Options Strategies: Bullish investors can buy on pullbacks using cash-secured puts at the Fib pullback support levels. Bullish options investors take a bullish call debit spread for less capital than owning the stock while minimizing downside and capping upside gains.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/instacart-is-revolutionizing-groceries-why-its-time-to-invest/">Instacart Is Revolutionizing Groceries: Why It&#39;s Time to Invest</a>&quot; first appeared on MarketBeat.

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Instacart Is Revolutionizing Groceries: Why It's Time to Invest

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Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) in the last three months.
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;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</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;">0</td>
<td style="text-align: right;">1</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;">2</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>
</tbody>
</table>
Analysts have recently evaluated DuPont de Nemours and provided 12-month price targets. The average target is $93.2, accompanied by a high estimate of $102.00 and a low estimate of $84.00. This upward trend is evident, with the current average reflecting a 4.25% increase from the previous average price target of $89.40.
<img src="https://www.benzinga.com/files/images/story/2024/1728334865_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A clear picture of DuPont de Nemours'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>Duffy Fischer</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$84.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Arun Viswanathan</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$102.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>David Begleiter</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$98.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>Duffy Fischer</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$88.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Patrick Cunningham</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$94.00</td>
<td>$95.00</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 DuPont de Nemours. 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 DuPont de Nemours 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>
For valuable insights into DuPont de Nemours'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/DD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on DuPont de Nemours analyst ratings.</a>
<h2>Unveiling the Story Behind DuPont de Nemours</h2>
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics, water, construction, safety and protection, automotive, and healthcare industries. DuPont plans to separate the company into three companies going forward, one focused on electronics, one focused on water, and one with more diversified end market exposure. We expect the separations will occur by mid-2026.
<h3>DuPont de Nemours: A Financial Overview</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: DuPont de Nemours's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 2.49%. 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 Materials sector.
Net Margin: DuPont de Nemours's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 5.61%, the company may face hurdles in effective cost management.
Return on Equity (ROE): DuPont de Nemours's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.76%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): DuPont de Nemours's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.48%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a below-average debt-to-equity ratio of 0.31, DuPont de Nemours adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Basics of Analyst Ratings</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.
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.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For DuPont de Nemours

Pool (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>) underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within 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;">5</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;">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;">1</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;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Pool and provided 12-month price targets. The average target is $359.57, accompanied by a high estimate of $415.00 and a low estimate of $310.00. This current average has increased by 8.91% from the previous average price target of $330.14. 
<img src="https://www.benzinga.com/files/images/story/2024/1728334853_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of Pool by financial experts. 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>Sam Reid</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$370.00</td>
<td>$330.00</td>
</tr>
<tr>
<td>W. Andrew Carter</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$335.00</td>
<td>$310.00</td>
</tr>
<tr>
<td>Scott Schneeberger</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$380.00</td>
<td>$356.00</td>
</tr>
<tr>
<td>Susan Maklari</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$415.00</td>
<td>$365.00</td>
</tr>
<tr>
<td>Sam Reid</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$330.00</td>
<td>$285.00</td>
</tr>
<tr>
<td>David Manthey</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$377.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>W. Andrew Carter</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$310.00</td>
<td>$360.00</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 Pool. 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 Pool compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Pool's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Pool's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/POOL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Pool analyst ratings.</a>
<h2>Discovering Pool: A Closer Look</h2>
Pool Corp distributes swimming pool supplies and related products. It sells national-brand and private-label products to approximately 120000 customers. The products include non-discretionary pool-maintenance products, like chemicals and replacement parts, as well as pool equipment, like packaged pools (kits to build swimming pools), cleaners, filters, heaters, pumps, and lights. Customers include pool builders and remodelers, independent retail stores, and pool repair and service companies.
<h3>Pool: A Financial Overview</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Decline in Revenue: Over the 3 months period, Pool faced challenges, resulting in a decline of approximately -4.72% in revenue growth as of 30 June, 2024. This signifies a reduction 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 Consumer Discretionary sector.
Net Margin: Pool's net margin is impressive, surpassing industry averages. With a net margin of 10.82%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Pool's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 13.82% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Pool's ROA stands out, surpassing industry averages. With an impressive ROA of 5.17%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Pool's debt-to-equity ratio stands notably higher than the industry average, reaching 1.01. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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.
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POOL

Assessing Pool: Insights From 7 Financial Analysts

7 analysts have shared their evaluations of P10 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PX#NYSE">PX</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;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">4</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;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</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;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for P10, revealing an average target of $10.86, a high estimate of $12.00, and a low estimate of $9.50. This upward trend is apparent, with the current average reflecting a 10.14% increase from the previous average price target of $9.86.
<img src="https://www.benzinga.com/files/images/story/2024/1728334843_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive P10. 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>Benjamin Budish</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$12.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Adam Beatty</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$10.50</td>
<td>$10.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$10.00</td>
<td>$9.00</td>
</tr>
<tr>
<td>Ken Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$11.00</td>
<td>$9.50</td>
</tr>
<tr>
<td>John Campbell</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$12.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$11.00</td>
<td>$9.50</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$9.50</td>
<td>$9.00</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 P10. This information offers 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 P10 compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for P10's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
For valuable insights into P10'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/PX/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on P10 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>Delving into P10's Background</h2>
P10 Inc is a player in the alternative asset management sector, specializing in multi-asset class private market solutions. It offers a range of investment solutions, including specialized funds, separate accounts, secondary investments, direct investments, and co-investments across various asset classes and geographies. These solutions cater to diverse investor needs within the private markets, aiming to deliver superior risk-adjusted returns. With a focus on middle and lower-middle markets, the company's portfolio includes Private Equity, Venture Capital, Impact Investing, and Private Credit. Revenue primarily comes from recurring management and advisory fees earned on committed capital, typically locked up for ten to fifteen years.
<h3>A Deep Dive into P10's Financials</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.
Revenue Growth: P10's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 13.77%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: P10's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 9.84%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.95%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): P10's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.84%, the company may face hurdles in achieving optimal financial returns.
Debt Management: P10's debt-to-equity ratio is below the industry average at 0.9, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Analyst Ratings: Simplified</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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing P10: Insights From 7 Financial Analysts

During the last three months, 20 analysts shared their evaluations of Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</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;">3</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">13</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;">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;">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>3M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">10</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 $72.05, a high estimate of $85.00, and a low estimate of $64.00. This upward trend is evident, with the current average reflecting a 4.42% increase from the previous average price target of $69.00.
<img src="https://www.benzinga.com/files/images/story/2024/1728334835_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The standing of Fortinet 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>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$85.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Fatima Boolani</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$76.00</td>
<td>$66.00</td>
</tr>
<tr>
<td>Shyam Patil</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Fatima Boolani</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$66.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Patrick Colville</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$75.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>Yi Fu Lee</td>
<td>Cantor Fitzgerald</td>
<td>Raises</td>
<td>Neutral</td>
<td>$65.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Brad Zelnick</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$75.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Brian Essex</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$70.00</td>
<td>$63.00</td>
</tr>
<tr>
<td>Dan Bergstrom</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$72.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Shrenik Kothari</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$80.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Daniel Ives</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$78.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Keith Bachman</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$76.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Roger Boyd</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$70.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Andrew Nowinski</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$64.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$72.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Lowers</td>
<td>Buy</td>
<td>$68.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Fatima Boolani</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$65.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Shaul Eyal</td>
<td>TD Cowen</td>
<td>Announces</td>
<td>Buy</td>
<td>$75.00</td>
<td>-</td>
</tr>
<tr>
<td>Hamza Fodderwala</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$69.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>$75.00</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 Fortinet. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Fortinet compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Fortinet's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Fortinet's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/FTNT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Fortinet analyst ratings.</a>
<h2>About Fortinet</h2>
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 700,000 customers across the world.
<h3>Breaking Down Fortinet's Financial Performance</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Fortinet displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 10.95%. This indicates a notable increase in the company's 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: Fortinet's net margin is impressive, surpassing industry averages. With a net margin of 26.48%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 504.05%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Fortinet's ROA excels beyond industry benchmarks, reaching 4.83%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 3.45, Fortinet faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically 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.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FTNT

20 Analysts Assess Fortinet: What You Need To Know

Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) has been analyzed by 10 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;">6</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</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;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>3M 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;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $273.0, along with a high estimate of $320.00 and a low estimate of $215.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 2.65%. 
<img src="https://www.benzinga.com/files/images/story/2024/1728334826_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of Rockwell Automation 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>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$305.00</td>
<td>$293.00</td>
</tr>
<tr>
<td>Chris Snyder</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Overweight</td>
<td>$320.00</td>
<td>-</td>
</tr>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$227.00</td>
<td>$245.00</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Sell</td>
<td>$215.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Andrew Obin</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$270.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Richard Eastman</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$280.00</td>
<td>$304.00</td>
</tr>
<tr>
<td>Noah Kaye</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$270.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$293.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$245.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$305.00</td>
<td>$312.00</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 Rockwell Automation. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Rockwell Automation compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Rockwell Automation's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Rockwell Automation's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ROK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Rockwell Automation analyst ratings.</a>
<h2>About Rockwell Automation</h2>
With roots tracing back to the early 1900s, Rockwell Automation is the successor to Rockwell International, which spun off its avionics segment in 2001. It is a pure-play industrial automation company that operates through three segments. Its largest segment by revenue, intelligent devices, sells factory floor-level devices such as motors, drives, sensors, relays, and actuators. Its software &amp; control segment sells visualization, simulation, and human-machine interface software and control products such as programmable controllers, computers, and operator terminals. Its smallest segment, lifecycle services, offers digital consulting, engineered-to-order services, and other outsourced services such as remote monitoring, cybersecurity, and asset and plant maintenance and optimization.
<h3>Financial Milestones: Rockwell Automation's Journey</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Decline in Revenue: Over the 3 months period, Rockwell Automation faced challenges, resulting in a decline of approximately -8.4% in revenue growth as of 30 June, 2024. This signifies a reduction 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: Rockwell Automation's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 11.26%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Rockwell Automation's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.72% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Rockwell Automation's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.05% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.23, caution is advised due to increased financial risk.
<h2>The Significance of Analyst Ratings Explained</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 enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For Rockwell Automation

Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) has outperformed the market over the past 20 years by 3.89% on an annualized basis producing an average annual return of 12.41%. Currently, Home Depot has a market capitalization of $405.32 billion. 
Buying $1000 In HD: If an investor had bought $1000 of HD stock 20 years ago, it would be worth $10,255.34 today based on a price of $408.06 for HD at the time of writing.
<h3>Home Depot's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728334817_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Home Depot Stock In The Last 20 Years

In the last three months, 10 analysts have published ratings on Public Service Enterprise (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEG#NYSE">PEG</a>), offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within 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;">5</td>
<td style="text-align: right;">4</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;">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>2M Ago</td>
<td style="text-align: right;">1</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;">0</td>
<td style="text-align: right;">2</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>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $86.6, a high estimate of $98.00, and a low estimate of $73.00. This current average reflects an increase of 10.87% from the previous average price target of $78.11. 
<img src="https://www.benzinga.com/files/images/story/2024/1728334812_0_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Public Service Enterprise. 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>Nicholas Campanella</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$98.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Ross Fowler</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$94.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>David Arcaro</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$95.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Paul Zimbardo</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Hold</td>
<td>$85.00</td>
<td>-</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$88.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>David Arcaro</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$83.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Andrew Weisel</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$73.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>James Thalacker</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$86.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Shelby Tucker</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$84.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$80.00</td>
<td>$71.00</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 Public Service Enterprise. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Public Service Enterprise compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Public Service Enterprise's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Public Service Enterprise's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PEG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Public Service Enterprise analyst ratings.</a>
<h2>Get to Know Public Service Enterprise Better</h2>
Public Service Enterprise Group is the holding company for a regulated utility (PSE&amp;G) and other nonregulated businesses such as nuclear power generation and clean energy projects. PSE&amp;G provides regulated gas and electricity delivery services in New Jersey to a combined 4.3 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.
<h3>Understanding the Numbers: Public Service Enterprise's Finances</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Public Service Enterprise's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 0.08%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Utilities sector.
Net Margin: Public Service Enterprise's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 17.91% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Public Service Enterprise's ROE stands out, surpassing industry averages. With an impressive ROE of 2.75%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Public Service Enterprise's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.83%, the company showcases efficient use of assets and strong financial health.
Debt Management: Public Service Enterprise's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.36.
<h2>How Are Analyst Ratings Determined?</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.
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.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 10 Takes On Public Service Enterprise

Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) has outperformed the market over the past 10 years by 15.11% on an annualized basis producing an average annual return of 26.81%. Currently, Palo Alto Networks has a market capitalization of $109.86 billion. 
Buying $1000 In PANW: If an investor had bought $1000 of PANW stock 10 years ago, it would be worth $11,339.00 today based on a price of $337.94 for PANW at the time of writing.
<h3>Palo Alto Networks's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728334812_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PANW

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $11,000 Today

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