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CFB

CrossFirst Bankshares (NASDAQ:CFB) has received mixed analyst ratings over the past three months, with a recent positive shift in the average 12-month price target to $16.75, up 8.06% from the previous target of $15.50. Analysts from Stephens & Co., Raymond James, and Keefe, Bruyette & Woods have provided ratings ranging from 'Equal-Weight' to 'Outperform' with price targets between $16.00 and $18.00. CrossFirst Bankshares has shown positive revenue growth, a high net margin, and strong ROE and ROA, with a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 12:00 pm

PD

PagerDuty (NYSE:PD) has received mixed analyst ratings over the past three months, with an average 12-month price target of $28.8, down from the previous $31.00. The company's financial performance shows strong revenue growth but below-average profitability and efficiency metrics, with a high debt-to-equity ratio. Analysts have recently adjusted their ratings and price targets, reflecting changes in market dynamics and company performance.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 12:00 pm

BABA

FXI

KWEB

PDD

Alibaba Group Holding Limited (NYSE:BABA) appointed James Dong as the new acting CEO of Daraz Group amid a management reshuffle. The stock surged, influenced by broader market trends and reports of Jack Ma and Joe Tsai increasing their stakes, becoming the largest shareholders. Alibaba's stock rose alongside IShares China Large-Cap ETF (NYSE:FXI) and KraneShares CSI China Internet ETF (NYSE:KWEB), also boosted by China's potential $278 billion stimulus package. PDD Holdings Inc (NASDAQ:PDD) was mentioned as a rising competitor.

Portfolio Pulse from Anusuya Lahiri

January 24, 2024 | 11:45 am

TXT

Textron Inc. has provided its FY24 outlook, projecting adjusted EPS from continuing operations to be between $6.20 and $6.40, surpassing the consensus estimate of $5.90. The company expects revenue to be around $14.6 billion, which is slightly below the estimated $14.68 billion. Textron's outlook includes higher revenues, increased segment profit, and operating margin expansion, attributing the growth to ongoing investments in new products and programs aimed at enhancing long-term shareholder value.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:41 am

ELV

Elevance Health has announced a 10.1% increase in its quarterly dividend, raising it to $1.63 per share.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:05 am

BZUN

Baozun Inc. has announced a $20 million share repurchase program, signaling confidence in the company's future and potentially supporting the stock price.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:03 am

JEF

TVAVF

Bill Ackman and Neri Oxman have acquired a 5% stake in the Tel Aviv Stock Exchange Ltd (TVAVF) for $17 million. This is Ackman's first major investment in Israel amid the conflict with Hamas. The Tel Aviv Stock Exchange confirmed the sale of an 18.5% stake to investors, with Ackman and Oxman being the only named buyers in the deal arranged by Jefferies Financial Group Inc. (JEF). Ackman has been addressing the rise in antisemitism and controversies involving Oxman's academic work. Despite these issues, Ackman's Pershing Square Capital Management reported a strong performance in 2023 with a 26.7% return.

Portfolio Pulse from Benzinga Neuro

January 24, 2024 | 8:00 am

ETHUSD

Former President Donald Trump's wallet received a $7,100 stake in a meme cryptocurrency named TRUMP, which has surged to over $1.07 million, marking a 15,000% return. Trump has no affiliation with the TRUMP meme coin and has not endorsed it. The coin, with a motto 'Make Crypto Great Again', has a 1% transaction fee to support various causes. Trump also liquidated over 1,000 Ethereum, believed to be from NFT royalties.

Portfolio Pulse from Mehab Qureshi

January 24, 2024 | 6:41 am

LBRT

Liberty Energy Inc. (LBRT) has increased its share repurchase authorization to $750 million, up from the previous $500 million, and extended the program through July 31, 2026. The company has repurchased 21.9 million shares for approximately $328 million to date. Additionally, Liberty Energy declared a quarterly cash dividend of $0.07 per share, payable on March 20, 2024, to shareholders of record as of March 6, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 6:30 am

ASML

ASML has announced an interim dividend of €1.45 per share, payable on February 14, 2024. The company plans to declare a total dividend of €6.10 per share for 2023, a 5.2% increase from 2022. No shares were purchased in Q4 under the 2022-2025 share buyback program.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 6:18 am