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GM

STLA

TSLA

US new vehicle sales in Q3 are expected to remain flat or fall marginally, with declines at GM, Toyota, and Stellantis. Cox Automotive predicts a 2% drop in sales, while JD Power expects a slight increase. GM is expected to lead sales, followed by Toyota. Tesla's sales are projected to decrease by 2.4%.

Portfolio Pulse from Anan Ashraf

October 01, 2024 | 1:05 pm

LSH

Lakeside Holding (NASDAQ:LSH) reported a quarterly loss of $(0.04) per share, a 125% decrease from $0.16 per share last year. However, sales increased by 28.89% to $16.45 million from $12.76 million.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:04 pm

INCY

Incyte (NASDAQ:INCY) has been analyzed by 11 financial analysts, showing a range of opinions from bullish to bearish. The average 12-month price target has increased by 2.73% to $71.82. Analysts have adjusted their ratings and price targets, reflecting their views on Incyte's market performance. Despite a 9.34% revenue growth, Incyte faces challenges with a net margin of -42.6% and ROE of -10.6%.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 1:00 pm

BOOT

Analysts have mixed views on Boot Barn Holdings (NYSE:BOOT) with recent ratings showing a mix of bullish and indifferent perspectives. The average 12-month price target has increased by 7.11% to $146.45. Analysts have adjusted their ratings and price targets, reflecting their reactions to the company's performance and market conditions. Boot Barn Holdings has shown strong financial health with a 10.34% revenue growth rate, a net margin of 9.19%, and a debt-to-equity ratio of 0.5.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 1:00 pm

DDOG

In the past three months, 13 analysts have rated Datadog (NASDAQ:DDOG), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $144.31, slightly up from the previous $143.73. Datadog's financials show a 26.66% revenue growth, but challenges in profitability and asset utilization remain.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 1:00 pm

PRSO

In the past three months, four analysts have rated Peraso (NASDAQ:PRSO), with all ratings being somewhat bullish. The average 12-month price target is $4.00, consistent with previous estimates. Peraso, a fabless semiconductor company, has shown significant revenue growth but faces challenges with negative net margins and returns. The company's debt management is strong with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 1:00 pm

SPY

The USA Redbook year-over-year growth rate increased to 5.3% from the previous 4.4%, indicating a rise in retail sales. This data can influence market sentiment and impact ETFs like SPY, which tracks the S&P 500 index.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:57 pm

CNTM

ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) has entered a Master Services Agreement with Devlin Energy, expected to add over $20 million in revenue in the next year. The agreement includes an option for ConnectM to acquire Devlin Energy, contingent on meeting specific financial targets.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:35 pm

STNG

Scorpio Tankers has announced a $73.5 million agreement to sell one of its vessels. This move is part of the company's strategy to optimize its fleet and improve financial flexibility.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:33 pm

AISP

Airship AI has been awarded a $4 million contract by an agency within the Department of Homeland Security. This contract signifies a significant business development for the company.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:33 pm