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BLDE

Blade Air Mobility has announced a $20M share repurchase program, signaling confidence in the company's future prospects and potentially increasing shareholder value.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 12:07 pm

ITI

Four analysts have recently evaluated Iteris (NASDAQ:ITI), all maintaining a bullish stance with an updated average 12-month price target of $7.38, marking a 16.59% increase from the previous target of $6.33. Iteris, a provider of smart mobility infrastructure management solutions, has shown notable revenue growth and profitability, with a revenue growth rate of 3.55% as of December 31, 2023, and a net margin of 0.84%. The company's financial health is underscored by its low debt-to-equity ratio of 0.09 and strong returns on equity and assets.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 12:01 pm

AVGO

Broadcom (NASDAQ:AVGO) has been analyzed by 31 analysts over the past three months, showing a positive shift in sentiment with an increase in the average 12-month price target to $1512.81 from $1315.00. The ratings range from bullish to indifferent, with a significant number of analysts raising their price targets. Broadcom's financials indicate a strong revenue growth rate of 34.17% as of January 31, 2024, but challenges in net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 12:00 pm

AQST

Aquestive Therapeutics announced the pricing of a $75 million underwritten public offering of 16,666,667 shares at $4.50 per share, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:31 am

SRAD

Sportradar's stock is trading higher following the announcement of better-than-expected Q4 results and the authorization of a $200 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:20 am

NDAQ

Nasdaq shares are trading lower after Borse Dubai priced a secondary offering of 26,956,522 common shares at $59 each.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:18 am

ZTO

ZTO Express shares surged following the announcement of higher-than-expected Q4 earnings per share (EPS) and an expansion of its share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:14 am

SMCI

Super Micro Computer (SMCI) shares dropped following the announcement of a public offering of 2 million shares priced at $875 each, indicating a potential dilution of existing shareholders or raising concerns about the company's valuation.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:11 am

CMG

Chipotle Mexican Grill's stock is trading higher following the board's approval of a 50-for-1 common share split.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:09 am

SRAD

Sportradar, identified by its ticker symbol SRAD, has announced an authorization for a $200 million share repurchase program. This move indicates the company's confidence in its financial health and future prospects, potentially signaling to investors a positive outlook.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:07 am