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Equity Actions

DECK

Deckers Outdoor (NYSE:DECK) has been evaluated by 11 analysts in the past three months, with mixed sentiments. The average 12-month price target for DECK has risen 10.86% to $706.27. Analysts from firms including Piper Sandler, Wells Fargo, and Stifel have raised their price targets, reflecting positive views on the company's performance. Deckers Outdoor, known for brands like UGG and Teva, has shown strong financials with a 24.7% revenue growth rate, a net margin of 16.35%, and an ROE of 9.93%. The company's market capitalization is below the industry average, and it has a conservative debt-to-equity ratio of 0.14.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:00 pm

APA

In the last three months, 13 analysts have published diverse ratings on APA Corp (NASDAQ:APA), with an average 12-month price target of $44.08, down from $50.36. Analysts' actions include lowering and raising price targets and maintaining ratings. APA's financials show a revenue decline of -20.06% over 3 months, a high net margin of 19.89%, an ROE of 51.37%, and an ROA of 3.43%, but a high debt-to-equity ratio of 5.28.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:00 pm

SLNH

Soluna Holdings, Inc. (NASDAQ:SLNH) has reduced its convertible debt by over $4M and plans a capital raise for a new AI venture. The company has made progress on its green data center projects, including Project Dorothy and Project Kati, and has signed a new 8.8 MW customer for Project Sophie. Soluna's data centers have been found to have an 18% lower carbon footprint than traditional data centers. Operational metrics and project updates were provided, with a focus on installed hashrate, power capacity, and energy consumption.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:29 pm

CG

Carlyle Group (CG) has announced an investment into Monogram LLC, a move that signifies Carlyle's interest in expanding its portfolio and possibly leveraging Monogram's market position. The details of the investment, including the amount and the specific terms, have not been disclosed. Investors will be watching to see how this investment will be integrated into Carlyle's strategy and what synergies it may bring.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:20 pm

RZLT

Rezolute, Inc. (NASDAQ:RZLT), a biopharmaceutical company, has appointed Daron Evans as Chief Financial Officer. Evans brings over 15 years of experience in the life science sector and will support Rezolute's late-stage development. In conjunction with his appointment, Evans received an inducement stock option grant of 275,000 shares at $1.02 per share, vesting over four years, with accelerated vesting if the company is acquired.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:15 pm

RKLB

Rocket Lab USA (NYSE:RKLB) has seen a 5.63% increase in short interest since its last report, with 22.19 million shares sold short, representing 7.69% of its float. The short interest is higher than the peer group average of 2.66%. While an increase in short interest can indicate bearish sentiment, it can also be a bullish sign as explained in a Benzinga Money post.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 1:15 pm

ENVB

Enveric Biosciences has filed a prospectus with the SEC, which pertains to the resale of up to 2.2 million shares of common stock by selling stockholders. This filing indicates that certain shareholders may be looking to sell a significant number of shares.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:10 pm

DHR

Analyst ratings for Danaher (NYSE:DHR) show a mix of opinions, with recent actions including both raised and lowered price targets. The average 12-month price target is now $242.5, up from $235.00. Danaher's financials indicate a decline in revenue growth, a strong net margin, and efficient use of assets, but it lags behind its peers in revenue growth rate. The company has a low debt-to-equity ratio, suggesting prudent financial management.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 1:00 pm

SPRC

SciSparc Ltd. has entered into a $20 million standby equity purchase agreement with YA II PN, Ltd., managed by Yorkville Advisors Global. The agreement spans over 36 months, allowing YA to purchase SciSparc's shares at a 3% discount, subject to a 4.99% ownership cap.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 12:44 pm

ASML

NFLX

QQQ

SPY

TSLA

U.S. stock futures are up, with positive sentiment from Netflix and ASML earnings. Tesla's Q4 results are highly anticipated. Chinese central bank's stimulatory measure may boost U.S.-listed Chinese stocks. Mixed results in Tuesday's trading with Dow down, but Nasdaq and S&P 500 up. Wharton professor Jeremy Siegel suggests broader market participation in the rally, favoring big tech stocks. SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket gains. Several companies, including Abbott Laboratories and IBM, are set to report earnings.

Portfolio Pulse from Shanthi Rexaline

January 24, 2024 | 12:41 pm