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Equity Actions

EE

Excelerate Energy (NYSE:EE) has been analyzed by 5 analysts, showing a mix of sentiments with 3 somewhat bullish and 2 indifferent ratings recently. The average 12-month price target is now $21.00, a 14.88% decrease from the previous target, with individual targets ranging from $18.00 to $24.00. Analysts from Morgan Stanley, Raymond James, and Wells Fargo have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Excelerate Energy faces challenges in revenue growth, net margin, and market capitalization but shows strong ROE and ROA, indicating effective utilization of equity and assets.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:00 pm

BMR

Beamr Imaging announced a $12 million public offering of 1,714,200 shares at $7 per share, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 5:56 pm

AVGO

LRCX

On CNBC, Stephanie Link announced that she has trimmed her positions in Lam Research and Broadcom, indicating a potential shift in her investment strategy regarding these companies.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 5:13 pm

NVDA

On a live CNBC segment, Jim Lebenthal announced that he has trimmed his position in NVIDIA, a leading technology company known for its graphics processing units (GPUs).

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 5:12 pm

BIOL

Biolase, Inc. announced the pricing of a $7 million public offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:56 pm

SBFM

Sunshine Biopharma's stock is trading lower following the announcement of a $10 million underwritten public offering.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:50 pm

MYMD

MyMD Pharmaceuticals, Inc. (NASDAQ:MYMD) announced a 1-for-30 reverse stock split effective February 14, 2024, to maintain its Nasdaq listing. The split-adjusted trading will start on February 15, 2024. This move will convert every 30 shares into one and reduce the authorized shares from 500,000,000 to 16,666,666. The action aims to comply with Nasdaq's listing requirements and does not require physical stock certificate exchanges for shareholders.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:48 pm

POL

Polished.com Inc has filed for a firm commitment public offering of its shares of common stock, according to an SEC filing. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:44 pm

MS

Morgan Stanley (NYSE:MS) has seen unusual options activity, with a mix of bullish and bearish trades. Analysis of options history revealed 11 unusual trades, with a slight majority being bullish. The focus is on a price band between $60.0 and $97.5. The company's stock is currently down -3.17% at $84.11, with analysts giving mixed reviews and setting an average price target of $100.0. The most significant options trades include both calls and puts, with varying sentiments and strike prices.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:15 pm

CMG

Recent options trading trends for Chipotle Mexican Grill (NYSE:CMG) show a bearish sentiment among financial giants, with 73% of trades indicating a bearish outlook. The trading activity suggests a price target range of $1520.0 to $2850.0 for CMG over the next three months. The largest trades include both bullish and neutral calls, with significant trade prices and varying strike prices. Chipotle, with a current price of $2632.16, is considered by some analysts to be overbought. Market experts have issued ratings with a consensus target price of $2532.0, varying from Equal-Weight to Overweight.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:15 pm