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Equity Actions

ORCL

19 analysts have recently shared their evaluations of Oracle (NYSE:ORCL), showing a mix of bullish and bearish perspectives. The average 12-month price target for Oracle has risen by 8.9% to $136.0, with a high estimate of $160.00 and a low estimate of $105.00. Analysts have adjusted their ratings and price targets, reflecting a positive shift in sentiment towards Oracle. The company's financials indicate strong performance with a notable revenue growth rate, exceptional net margin, and impressive ROE and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 5:00 pm

MCHP

Microchip Technology (NASDAQ:MCHP) has seen varied analyst ratings over the past three months, with a recent shift towards a more cautious outlook. The average 12-month price target has been adjusted to $91.75, down from $95.25, reflecting a 3.67% decrease. Analyst actions include maintaining, raising, and lowering ratings and price targets, indicating a nuanced view of the company's future performance. Despite a -18.6% decline in revenue growth for the last quarter of 2023 and challenges in market capitalization and asset utilization, Microchip Technology maintains a strong net margin of 23.74% and an impressive ROE of 5.97%, though it carries a higher debt-to-equity ratio of 0.81.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 5:00 pm

NOTE

In the past three months, FiscalNote Holdings (NYSE:NOTE) received mixed analyst ratings, with an updated average 12-month price target of $3.5, reflecting an 11.82% increase from the previous target. The company has shown a revenue growth of 16.99% as of September 30, 2023, but faces challenges with a high debt-to-equity ratio of 2.91 and below-average ROE and ROA.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 5:00 pm

RTX

Options market activity for RTX (NYSE:RTX) shows a bearish sentiment among investors, with 68% of trades being bearish. The trading activity suggests an expected price range of $70.0 to $120.0 for RTX in the next three months. RTX, a major aerospace and defense company, is currently trading at $91.6, up 1.15%, with an RSI indicating it may be approaching overbought territory. An analyst from Wells Fargo has upgraded RTX to Overweight with a price target of $120.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:45 pm

BTTX

Better Therapeutics (BTTX) shares are trading lower following the announcement that the company is seeking strategic alternatives and will be delisted from the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 4:34 pm

FF

FutureFuel's stock is up following the announcement of positive Q4 financial results, a special dividend of $2.50 per share, and a $25 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 4:33 pm

TM

Jenny Harrington announced live on CNBC that she has sold Toyota Motor (TM).

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 4:17 pm

STI

Solidion Technology announced the pricing of a $3.85 million private placement, leading to its shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 4:08 pm

PRST

Presto Automation's stock is trading higher following the announcement of a $1.2 million registered direct offering, which involves the sale of 4.8 million shares of common stock at $0.25 per share.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 4:04 pm

FF

FutureFuel announced a special cash dividend of $2.50 per share and a $25M share repurchase program. The company also declared a regular quarterly cash dividend of $0.06 per share for Q4 2023. This comes after reporting a net income of $37.4 million for the year.

Portfolio Pulse from Happy Mohamed

March 14, 2024 | 4:03 pm