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Japanese banks' shares are trading lower following the release of data showing a slowdown in Japan's September core CPI.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 7:00 pm

RNA

Avidity Biosciences (NASDAQ:RNA) received mixed ratings from 10 analysts, with a majority being somewhat bullish. The average 12-month price target increased to $71.5, indicating a positive outlook. Despite this, the company faces financial challenges, including a decline in revenue growth and low profitability metrics.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 7:00 pm

SN

Analysts have varied ratings for SharkNinja (NYSE:SN), with a mix of bullish and somewhat bullish sentiments. Recent analyst actions include raised price targets and ratings, reflecting positive expectations. SharkNinja's financial health is strong, with notable revenue growth, efficient cost management, and a conservative debt approach.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 7:00 pm

TONUSD

V3V Ventures, a $20 million VC fund, has invested $5 million in premium Telegram usernames to build crypto channels. The fund aims to leverage Telegram's growing user base and its integration with The Open Network (TON) blockchain to create effective sources of crypto news and information.

Portfolio Pulse from Justin Roberti

October 21, 2024 | 6:56 pm

SPY

Neel Kashkari from the Federal Reserve indicated that excess savings have been largely depleted, and delinquencies among lower-credit-score borrowers are rising. However, on average, consumers appear to be managing well.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 6:23 pm

CLSK

HOOD

MARA

RIOT

Bitcoin's price surge above $67,000 is driven by strong ETF inflows and positive market sentiment. Bitcoin ETFs saw $2 billion in new purchases last week, with total inflows reaching $20.5 billion this year. Bitcoin miners like Riot Blockchain, CleanSpark, and Marathon Digital have outperformed AI stocks. Robinhood Markets also reported significant growth in active traders and crypto trading revenues.

Portfolio Pulse from Khyathi Dalal

October 21, 2024 | 6:14 pm

ENVA

Enova International (NYSE:ENVA) is set to release its quarterly earnings report on October 22, 2024. Analysts expect an EPS of $2.32. The company has a history of surpassing EPS estimates, which previously led to a 4.08% increase in share price. Enova's shares have risen 94.35% over the past year, and analysts rate it as 'Outperform' with a price target of $90.5. Despite challenges in revenue growth and gross profit compared to peers, Enova shows strong ROE and ROA. However, it faces high debt levels.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 6:01 pm

CLH

Clean Harbors (NYSE:CLH) has received varied analyst ratings, with a recent increase in average price targets by 10.72% to $265.57. Analysts have raised their ratings and price targets, reflecting positive sentiment. The company shows strong financial performance with notable revenue growth, net margin, ROE, and ROA, while maintaining a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 6:01 pm

INGR

Analysts have provided a range of ratings for Ingredion (NYSE:INGR) over the past three months, with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 9.12% to $141.2. Recent analyst actions include raised ratings and price targets from firms like Oppenheimer, UBS, Barclays, and BMO Capital. Despite revenue challenges, Ingredion maintains strong financial metrics such as net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 6:01 pm

BWA

Over the past three months, analysts have provided mixed ratings for BorgWarner (NYSE:BWA), with a majority being somewhat bullish. The average 12-month price target is $43.0, slightly down from the previous $43.57. BorgWarner faces a negative revenue trend but maintains strong profitability and effective debt management.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 6:01 pm