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AMC

DIS

LYV

The Walt Disney Company (NYSE:DIS) acquired streaming rights for Taylor Swift's concert film, 'The Eras Tour (Taylor's Version)', set to release on Disney+ on March 14. The film, previously shown in theaters through a partnership with AMC Entertainment Holdings (NYSE:AMC), grossed over $261.7 million worldwide. Live Nation Entertainment (NYSE:LYV) also benefited from the demand for Swift's concerts. Disney's exclusive streaming rights could attract more subscribers to Disney+, potentially boosting its stock in the short term.

Portfolio Pulse from Chris Katje

March 14, 2024 | 1:19 pm

GMGI

Golden Matrix Group (NASDAQ:GMGI) reported a 9.89% increase in Q1 sales to $11.84M from $10.78M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:18 pm

BTCUSD

ETHUSD

SPY

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin show mixed trading signals, with Ethereum completing the 'Dencun' upgrade. Dogecoin's value may rise as Tesla considers accepting it for payments. Hacken's market cap reaches $57M after unveiling a tokenized share offering. Bitcoin critic Peter Schiff expresses regret over not investing in Bitcoin earlier. Crypto miners see record profits amid a Bitcoin rally. US markets see mixed movements with Hello Group and others moving lower. Political and global events include potential lawsuits, defense decisions, and tech partnerships. Electric vehicle market updates include Tesla's plans and competition from Polestar. Consumer, communication, healthcare, general news, space, and energy sectors also see significant updates.

Portfolio Pulse from Akanksha Bakshi

March 14, 2024 | 1:13 pm

BBW

Build-A-Bear Workshop's shares increased following the announcement of Q4 earnings per share (EPS) that exceeded expectations, despite missing revenue forecasts. The company also projected revenue growth for FY24 in the low-to-mid-single-digit percentage range.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:11 pm

GRI

GRI Bio, Inc. (NASDAQ:GRI) announced the Canadian Intellectual Property Office's notice of allowance for a patent covering NKT cell modulators for treating inflammatory, fibrotic, and autoimmune diseases. This development is part of GRI Bio's efforts to protect its innovative pipeline globally. The company is advancing its lead program, GRI-0621, for treating Idiopathic Pulmonary Fibrosis, with interim Phase 2a data expected in the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:02 pm

LULU

Analyst ratings for Lululemon Athletica (NASDAQ:LULU) show a mix of bullish to bearish sentiments. Recent updates include maintained and raised ratings with an average 12-month price target of $520.14, reflecting a slight increase from the previous target. Lululemon's financial performance is strong, with significant revenue growth, high net margin, and efficient asset management. The company's market position is solid, indicated by its substantial market capitalization and above-average financial metrics.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:01 pm

FTV

Fortive (NYSE:FTV) received mixed analyst ratings over the past three months, with a notable shift towards a more bullish outlook in the last 30 days. The average 12-month price target for FTV has been raised to $85.00, up from $75.40, indicating a 12.73% increase. Analysts from firms including Truist Securities, RBC Capital, Mizuho, JP Morgan, and Wells Fargo have adjusted their ratings and price targets, reflecting changes in market conditions and Fortive's performance. Fortive, a diversified industrial technology company, reported a revenue growth of 3.52% for 2023, with a net margin of 16.75% but lagging ROE and ROA compared to industry averages.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

URI

Recent analysis of United Rentals (NYSE:URI) by 10 analysts shows a mix of bullish to bearish sentiments, with an updated average 12-month price target of $621.4, marking a 29.23% increase from the previous target. Analyst actions include rating changes and price target adjustments, reflecting dynamic market conditions and company performance. United Rentals, the world's largest equipment rental company, has shown notable revenue growth, efficient cost management, and strong financial health, with a market capitalization and performance metrics above industry averages.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

IBM

9 analysts have recently shared mixed evaluations of IBM, with an updated average 12-month price target of $190.22, reflecting an 11.8% increase from the previous target. The ratings range from bullish to bearish, with several analysts raising their price targets and ratings based on IBM's market dynamics and performance. IBM's financial performance shows positive revenue growth, high net margin, and strong ROE and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm

PEG

Public Service Enterprise (NYSE:PEG) has received mixed analyst ratings, with a recent shift towards more bullish perspectives. The average 12-month price target is now $65.8, slightly up from $65.75. Analysts from firms like Barclays and RBC Capital have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Despite facing a revenue decline of -17.01% as of December 31, 2023, PEG's financial health remains strong, with notable net margin, ROE, and ROA figures surpassing industry benchmarks.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm