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NET

Financial analysis reveals a bearish sentiment among big money traders on Cloudflare (NYSE:NET), with 54% showing bearish tendencies in recent options trades. Despite this, the volume and open interest trends indicate a targeted price range of $30.0 to $100.0. Cloudflare's current trading volume is 1,851,022, with a slight price decrease of -0.09%, positioned at $80.75. Professional analysts have set an average price target of $92.25, with ratings ranging from Overweight to Market Outperform.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 7:31 pm

CTS

CTS shares surged following the announcement of impressive Q4 financial results, surpassing expectations. The company also provided optimistic guidance for 2024 and revealed plans for a $100 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 7:23 pm

IDXX

IDEXX Laboratories (NASDAQ:IDXX) has received mixed analyst ratings over the past three months, with a shift towards more bullish sentiment in the last 30 days. Analysts have raised their 12-month price targets, indicating an average target of $615.0, an 8.21% increase from the previous average. The company's financial performance shows strong revenue growth, net margin, ROE, and ROA, but it faces challenges with a high debt-to-equity ratio. IDXX develops and distributes diagnostic products for pets and livestock, with significant revenue from outside the U.S.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 7:00 pm

LCII

LCI Industries (NYSE:LCII) has received mixed analyst ratings in the last three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for LCII has decreased by 8.07% to $111.00. The company faces challenges in revenue growth, profitability, and asset utilization, with a notable revenue decline of -15.26% as of September 30, 2023. Despite these challenges, LCI Industries maintains a lower than average debt-to-equity ratio, indicating a healthier balance between debt and equity.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 7:00 pm

TELL

Tellurian Inc. (TELL) is exploring the sale of its Haynesville upstream assets, including natural gas assets and drilling locations, to reduce debt and support the development of Driftwood LNG. The company produced 19.5 Bcf of natural gas in Q3 2023 and aims to leverage alternative gas supply strategies, deeming the ownership of upstream assets unnecessary at this stage. The sale is expected to reduce general and administrative expenses and provide additional cash, avoiding equity issuance for 2024 development activities.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:52 pm

ALNY

Alnylam Pharmaceuticals (NYSE:ALNY) has seen a decrease in short interest, now at 4.33 million shares or 4.56% of float, down 8.43% from the last report. It would take about 7.96 days to cover all short positions. This change in short interest could indicate a shift in market sentiment towards ALNY, potentially signaling increased bullishness. The company's short interest is slightly below its peer group average of 4.64%.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:30 pm

CXM

In the latest quarter, 6 financial analysts provided mixed ratings for Sprinklr (NYSE:CXM), with a shift towards a more bullish stance in the last 30 days. The average 12-month price target is $16.67, marking a 14.07% decline from the previous target. Analysts from firms like Rosenblatt, Barclays, and Morgan Stanley have adjusted their price targets and ratings, reflecting changes in market dynamics and Sprinklr's performance. Sprinklr's financials show strong revenue growth, net margin, ROE, and ROA, indicating a robust market position and financial health.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:00 pm

PINC

Premier Inc (NASDAQ:PINC) announced a $1B share repurchase program and the conclusion of its strategic review. The company entered an accelerated share repurchase agreement with Bank of America for $400 million. Premier is exploring partnerships for its subsidiaries, Contigo Health and S2S Global. Q2 2024 earnings showed a 14% Y/Y decrease in adjusted EPS to $0.60, beating consensus estimates. Sales were down 7% Y/Y to $334.75 million, also beating estimates. The company provided FY 2024 guidance with adjusted EPS of $2.06-$2.18 and revenue of $1.265 billion-$1.325 billion. PINC shares rose 6.32% to $22.28.

Portfolio Pulse from Vandana Singh

February 06, 2024 | 5:48 pm

PYPL

Josh Brown announced live on CNBC that he has sold his position in PayPal (PYPL).

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:19 pm

AAPL

SNOW

On CNBC, Stephanie Link announced her purchase of Snowflake and Apple stocks, indicating a positive outlook on these companies.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:17 pm