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MGEE

MGE Energy's stock is trading higher following the announcement that it will be included in the S&P SmallCap 600 index. This inclusion is a significant milestone for the company and is expected to increase its visibility among investors, potentially leading to increased demand for its shares.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:07 pm

TNET

In the last three months, 4 analysts have updated their ratings on Trinet Group (TNET), showing a shift from bullish to somewhat bullish. The average 12-month price target is now $140.25, up 10.43% from the previous $127.00. Trinet Group, specializing in outsourced payroll and HR solutions, has shown impressive financial performance with a notable revenue growth rate of 1.55% and a high ROE of 152.27%, despite a high debt-to-equity ratio of 14.58.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:01 pm

WELL

Recent analyst ratings for Welltower (NYSE:WELL) show a mix of bullish and somewhat bullish sentiments, with an average 12-month price target of $100.6, reflecting a 9.05% increase from the previous target. Analysts from Scotiabank, Deutsche Bank, Keybanc, Mizuho, and JP Morgan have adjusted their ratings and price targets, indicating a positive outlook based on Welltower's performance and market dynamics. Welltower, with a diversified healthcare portfolio, shows strong market recognition and revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:01 pm

AAPL

GLD

NVDA

SMCI

USO

Super Micro Computer Inc (SMCI) has become a YOLO stock, with its price running up due to its addition to the S&P 500 and becoming a favorite among the momo crowd, despite its high volatility and lack of a competitive moat compared to companies like NVIDIA (NVDA). The article warns investors of the risks associated with YOLO stocks, which have historically seen significant losses after rapid gains. It also mentions the overall stock market sentiment, the performance of major tech stocks, and movements in gold, oil, and Bitcoin prices.

Portfolio Pulse from The Arora Report

March 04, 2024 | 4:45 pm

IRTC

iRhythm Technologies announced a $450 million proposed offering of convertible senior notes, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 4:10 pm

AAL

American Airlines Group Inc. (NASDAQ:AAL) is set to host its 2024 Investor Day in New York, where CEO Robert Isom and senior leaders will discuss the airline's strategy for long-term growth and value creation. The presentation will cover American's performance, future financial targets for 2024 through 2026, and its key initiatives for operational excellence and customer retention. The company aims to achieve an adjusted EBITDAR margin of up to 18%, free cash flow of over $3B, and reduce total debt to below $35B by 2026.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 4:08 pm

LLY

Eli Lilly and Co (NYSE:LLY) has seen significant options trading activity, with a bearish sentiment prevailing among financial giants. Analysis revealed 80 unusual trades, with 35% bullish and 65% bearish. Notable trades include a mix of puts and calls, targeting a price range of $420.0 to $1000.0. The company, specializing in neuroscience, cardiometabolic, cancer, and immunology drugs, is currently trading at $798.28, up 2.07%, but may be overbought according to RSI readings. Analysts have set an average target price of $816.0, with varying ratings from Overweight to Hold.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:02 pm

TSLA

The article provides an in-depth industry comparison of Tesla (TSLA) against its competitors in the Automobiles industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Tesla's valuation metrics are higher than the industry average, suggesting a premium valuation. However, its lower EBITDA, gross profit, and revenue growth compared to peers may raise concerns about its operational performance and growth potential.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:00 pm

MSFT

Microsoft (NASDAQ:MSFT) is analyzed in comparison to its competitors in the Software industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Microsoft shows strong performance and financial health, outperforming industry averages in several key areas, suggesting it may be undervalued based on its P/E and P/B ratios but potentially overvalued based on its P/S ratio.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:00 pm

CLVT

CNHI

EXXRF

Exor N.V. (OTC:EXXRF) has increased its stake in Clarivate Plc (NYSE:CLVT) to 10.1% with an option to further increase it to 17.5%. Suzanne Heywood, COO of Exor, is proposed to join the Clarivate Board of Directors, pending election at the Annual General Meeting on May 7, 2024. Clarivate's shares rose by 3.01% to $7.36 following the announcement.

Portfolio Pulse from Akanksha Bakshi

March 04, 2024 | 3:56 pm