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AYRWF

CRLBF

JUSHF

TSNDF

Jushi Holdings (OTC:JUSHF) is highlighted by analyst Pablo Zuanic as having significant upside potential in the cannabis market, particularly in Pennsylvania and Virginia due to regulatory shifts. The company's current undervaluation and strategic positioning, including debt management and market expansion, suggest a positive outlook. Zuanic projects a substantial market cap increase for Jushi, outpacing competitors like AYR (OTC:AYRWF), Cresco (OTC:CRLBF), and TerrAscend (OTC:TSNDF), especially if recreational sales commence in these states. Despite challenges, Jushi's operational efficiencies and financial maneuvers indicate resilience and potential for growth.

Portfolio Pulse from Nicolás Jose Rodriguez

February 21, 2024 | 7:35 pm

NAX

MediaAlpha, Inc. (NYSE:NAX) reported better than expected Q4 results, with a GAAP loss of 5 cents per share against estimates of 18 cents and sales of $117.17 million versus estimates of $111.52 million. The company attributes the success to its Property & Casualty insurance vertical and anticipates Q1 Transaction Value to nearly double sequentially. MediaAlpha forecasts Q1 2024 revenue between $105 million and $115 million, with adjusted EBITDA between $9.5 million and $11.5 million. Following the report, shares surged 22.7% to $19.38. Analysts from Canaccord Genuity and RBC Capital raised their price targets on MediaAlpha.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 7:31 pm

PFE

Pfizer (NYSE:PFE) has seen unusual options activity, with over 14 transactions valued at $1,147,738, indicating a bullish sentiment among significant investors targeting a price range of $22.5 to $30.0 over the next three months. The mean open interest for Pfizer options is 14,039.29 with a total volume of 23,475.00. The largest trades observed suggest a bullish outlook, with notable trades including puts and calls with expiration dates ranging from 2024 to 2025 and strike prices around $25 to $26. Pfizer, a leading pharmaceutical company with annual sales close to $50 billion, has its stock currently trading at $27.63, showing a 0.14% increase. The RSI indicates a neutral position, and an earnings announcement is expected in 69 days. An analyst from Cantor Fitzgerald has set a price target of $45, downgrading the stock to Overweight.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 7:30 pm

CSGP

CoStar Group, Inc. (NASDAQ:CSGP) reported Q4 earnings above market estimates but provided weaker than expected guidance for Q1 and FY24, leading analysts to cut their price targets. Despite challenges in the commercial real estate market, CoStar achieved a 14% revenue growth and 40% profit margins in 2023. Shares rose 2.2% following the announcement.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 7:23 pm

MTTR

Matterport, Inc. (NASDAQ:MTTR) shares fell after reporting Q4 sales of $39.55 million, missing estimates by 1.69% and showing a 3.88% year-over-year decrease. The company met quarterly loss estimates but provided guidance indicating potential future losses and revenue that could also miss expectations. Analyst Brent Bracelin of Piper Sandler maintained a Neutral rating and a $3 price target on MTTR.

Portfolio Pulse from Erica Kollmann

February 21, 2024 | 7:21 pm

WFC

Recent analysis of Wells Fargo's (NYSE:WFC) options trading reveals a bearish trend among financial giants, with 57% showing bearish tendencies and 42% bullish. The analysis highlighted unusual trades, including 8 puts and 11 calls, targeting a price range of $40.0 to $60.0. The largest trades included both bullish and bearish sentiments, with significant open interest and volume in options within the $40.0 to $60.0 strike price range. Wells Fargo, a major US bank with $1.9 trillion in assets, currently trades at $51.77, with an RSI indicating a potential overbought status. Analysts, including one from Morgan Stanley, maintain an overweight rating with a target price of $63.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 7:16 pm

MDB

Deep-pocketed investors have shown a bearish sentiment towards MongoDB (NASDAQ:MDB), with a significant move in options trading detected by Benzinga. The activity includes 40 extraordinary options activities, with 65% bearish and 35% bullish sentiment. The price target range for MDB is set between $185.0 to $700.0. The largest trades include both puts and calls with varying sentiments and strike prices. MongoDB is currently trading at $432.01, down by -2.88%, with an RSI indicating a neutral position. Analysts have mixed opinions, with an average price target of $482.67.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 7:15 pm

RNG

RingCentral, Inc. (NYSE:RNG) reported Q4 earnings above market estimates but provided weaker than expected guidance for Q1 and FY24, leading to analysts adjusting their price targets. Despite the weak guidance, RingCentral highlighted record operating margin and free cash flow for the quarter.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 7:12 pm

PANW

Palo Alto Networks Inc (NASDAQ:PANW) shares dropped after reporting fiscal Q2 revenue beat but disappointing guidance. Analysts adjusted ratings and price targets, citing concerns over near-term growth due to a new pricing strategy offering free services for customer commitments, impacting billings. Despite the near-term challenges, some analysts remain optimistic about PANW's long-term growth potential.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 7:08 pm

TPH

Tri Pointe Homes, Inc. (NYSE:TPH) reported higher than expected earnings and sales for its fourth quarter, with earnings of $1.36 per share against estimates of $1.18 and sales of $1.24 billion versus $1.19 billion expected. The company saw a 143% increase in net new home orders for the quarter and a 40% increase for the year, ending with 155 active selling communities. Analysts from Wedbush and RBC Capital raised their price targets on TPH following these results.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 7:05 pm