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GEHC

GE HealthCare Techs (NYSE:GEHC) has seen a decrease in short interest, with the short percent of float falling 3.73% to 4.13%. This indicates fewer shares are being shorted, suggesting a potential shift in market sentiment towards the stock. The company's short interest is also below its peer group average of 4.20%, hinting at relatively more bullish sentiment among investors compared to its peers.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:15 pm

PLSE

Pulse Biosciences Board has approved a plan to initiate a rights offering of up to $60M worth of units. Robert Duggan, the Executive Chairman and majority stockholder, supports this offering and intends to participate on the same terms as other investors.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:12 pm

VBTX

Veritex Holdings has announced a stock buyback program, authorizing the purchase of up to $50 million of its outstanding common stock. Additionally, the company plans to restructure its investment portfolio.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:04 pm

CXM

Sprinklr (NYSE:CXM) has been analyzed by 6 analysts, showing a mix of bullish to indifferent sentiments. The average 12-month price target is $16.5, reflecting a 17.86% increase from the previous target of $14.00. Analyst actions include ratings and price target adjustments, indicating a positive outlook on Sprinklr's performance. The company's financials show strong revenue growth, net margin, ROE, and ROA, with a low debt-to-equity ratio, suggesting efficient management and financial health.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:00 pm

PGR

In the last three months, 13 analysts have updated their ratings on Progressive (NYSE:PGR), showing a diverse range from bullish to bearish. The average 12-month price target is now $204.38, up 9.34% from the previous $186.92. Analysts from firms like HSBC, Goldman Sachs, and Morgan Stanley have raised their price targets, reflecting a positive outlook on Progressive's performance. The company has shown significant revenue growth of 25.41% as of December 31, 2023, but faces challenges with a below-average net margin of 11.71% and a high debt-to-equity ratio of 0.35.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 7:00 pm

DVN

Devon Energy (NYSE:DVN) received mixed analyst ratings with a recent average price target of $57.88, a slight decline from the previous target. Analyst actions varied, with some raising and others lowering their price targets. Devon Energy, a major North American exploration and production company, faces challenges in revenue growth and net margin but excels in ROE and ROA. Its debt-to-equity ratio indicates higher financial risk.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 7:00 pm

ALLY

Analyst evaluations for Ally Financial (NYSE:ALLY) over the past three months show a range of opinions, with recent updates indicating a generally positive outlook. The average 12-month price target has risen to $40.86, reflecting an 18.78% increase from the previous target. Key analysts from firms like Evercore ISI Group, Morgan Stanley, and Barclays have adjusted their ratings and price targets, suggesting changing market dynamics and company performance. Despite this, Ally Financial faces challenges with a negative revenue trend, below-average profitability metrics, and a cautious approach to debt management.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 7:00 pm

PEG

Public Service Enterprise Inc. (NYSE:PEG) sees a 0.15% increase in its stock price to $66.75, with a 7.00% rise over the past month and a 6.92% increase over the past year. Its P/E ratio of 12.99, compared to the Multi-Utilities industry average of 30.09, suggests it might be undervalued or have weaker growth prospects. Investors are advised to consider multiple metrics and industry trends alongside the P/E ratio for comprehensive analysis.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 7:00 pm

DIS

The New York City Retirement System announced its intention to support Walt Disney's current board of directors in the ongoing boardroom conflict involving Trian's Nelson Peltz and Blackwells Capital. This decision is significant in the context of the power struggle within one of the world's leading entertainment companies.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 6:22 pm

VLO

Valero Energy (NYSE:VLO) has seen a mix of bullish and bearish options trading, with a notable lean towards bullish sentiment. Analysis of 12 unusual trades shows an even split in trader sentiment, but with a higher value placed on calls ($1,282,241) compared to puts ($64,225). The options market predicts a price range of $125 to $230 for VLO. The stock is currently up 1.35% at $170.08, with some analysts suggesting it may be overbought. Professional analysts have set an average price target of $184.4, with ratings ranging from Sell to Buy.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 6:16 pm