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SNOW

Analysts from Piper Sandler and KeyBanc reiterated their Overweight ratings on Snowflake Inc (NYSE:SNOW) despite concerns about the adoption of Iceberg tables. The analysts noted that Iceberg adoption is still in its early stages and that broader enterprise adoption could be further out. They projected first-quarter revenue and EPS for Snowflake and highlighted positive usage trends and new product launches as potential growth drivers.

Portfolio Pulse from Anusuya Lahiri

May 16, 2024 | 5:47 pm

BLD

DFH

DHI

VOXX

Shares of homebuilders and household durables stocks are trading lower following worse-than-expected April Housing Starts data.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 5:36 pm

MDB

MongoDB (NASDAQ:MDB) has outperformed the market over the past 5 years, delivering an average annual return of 20.74%. A $1000 investment in MDB 5 years ago would now be worth $2,554.77. The article highlights the impact of compounded returns on cash growth.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 5:30 pm

WDAY

Workday (NASDAQ:WDAY) has outperformed the market over the past 10 years, delivering an average annual return of 12.95%. An initial $100 investment in WDAY 10 years ago would be worth $337.28 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 5:30 pm

AMZN

COST

DKS

WMT

BofA Securities analyst Alexander Perry initiated coverage on SharkNinja Inc (NYSE:SN) with a Buy rating and a price target of $90. The analyst expects SharkNinja's data-driven approach to innovation to lead to market share gains and shelf space expansion at key retailers like Amazon, Walmart, and Costco. The company plans to launch about 25 new products each year, which should drive significant growth.

Portfolio Pulse from Shivani Kumaresan

May 16, 2024 | 5:26 pm

WMT

Walmart Inc. (NYSE:WMT) reported strong Q1 2025 results, with adjusted EPS of $0.60 beating the consensus estimate of $0.52 and sales of $161.51 billion, up 6.0% year over year. J.P. Morgan analyst Christopher Horvers reiterated a Neutral rating on WMT shares, noting the solid performance driven by strong margins and good U.S. comps. Despite some concerns about U.S. comps, the analyst expects a positive reaction in the stock due to the EPS beat and raised FY24 guidance.

Portfolio Pulse from Shivani Kumaresan

May 16, 2024 | 5:19 pm

MFG

MUFG

Shares of Japanese bank stocks are trading lower after GDP data came in worse-than-expected.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 5:02 pm

AAPL

AMZN

CMCSA

IMAX

PARA

PARAA

SONY

Francis Ford Coppola's self-financed film 'Megalopolis' is set to premiere at Cannes Film Festival. Despite production challenges and difficulty finding a domestic distributor, IMAX confirmed a release, and Amazon and Apple are potential distributors. The film's success could impact industry strategies.

Portfolio Pulse from Hayden Buckfire

May 16, 2024 | 5:01 pm

AHR

American Healthcares (NYSE:AHR) has been analyzed by 11 analysts, revealing a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $16.18, with a high of $18.00 and a low of $14.00. Analysts have decreased the average price target by 4.82%. The company has shown a revenue growth rate of 3.52% over the last three months but faces challenges with net margin, ROE, and ROA below industry averages.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 5:01 pm

URBN

Urban Outfitters (NASDAQ:URBN) has received mixed analyst ratings over the past three months, with a recent average price target of $41.29. Analysts have adjusted their ratings and price targets based on market conditions and company performance. The company's financial performance shows strong revenue growth and net margin, but challenges in ROE.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 5:01 pm