Streetbeat News

Revenues

VIRT

In the past three months, 8 analysts have provided ratings on Virtu Financial (NASDAQ:VIRT), with a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 15.42% to $31.88. Analysts have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. Virtu Financial has shown a positive revenue trend but faces challenges with net margin and debt management.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 6:00 pm

RRR

Red Rock Resorts (NASDAQ:RRR) has been analyzed by 10 analysts, showing a range of perspectives from bullish to bearish. The average 12-month price target is $63.7, with a high of $70.00 and a low of $56.00. Recent analyst actions include both raises and lowers in ratings and price targets. The company has shown strong financial performance with a 16.89% revenue growth rate, a net margin of 7.33%, and an ROE of 24.25%, but faces challenges in debt management.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 6:00 pm

LDOS

Leidos has been awarded a $248 million contract by the U.S. Navy to provide autonomous systems design and engineering. This contract highlights Leidos' capabilities in advanced technology and defense sectors.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:57 pm

AAPL

NVDA

TSM

Taiwan Semiconductor Manufacturing Co (TSM) reported strong Q3 results, driven by demand for 3nm and 5nm technologies, particularly from Apple. The company expects AI revenue to triple and has raised its full-year revenue growth target. TSM's stock surged 11.7% following the announcement.

Portfolio Pulse from Anusuya Lahiri

October 17, 2024 | 5:33 pm

LIN

Linde (NASDAQ:LIN) has significantly outperformed the market over the past 20 years, with an annualized return of 12.95%. A $1000 investment in Linde 20 years ago would be worth $11,613.16 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 5:32 pm

UFPI

UFP Industries (NASDAQ:UFPI) has significantly outperformed the market over the past decade, with an average annual return of 24.12%, surpassing the market by 12.38% annually. A $100 investment in UFPI 10 years ago would now be worth $857.23.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 5:32 pm

GLD

NVDA

SOXX

TLT

TSM

The semiconductor sector led a market rally, with Nvidia reaching record highs and TSMC's strong earnings boosting tech sentiment. The iShares Semiconductor ETF rose 2.3%. Gold hit new highs despite rising Treasury yields. The U.S. dollar strengthened, and major indices saw mixed performances.

Portfolio Pulse from Piero Cingari

October 17, 2024 | 5:28 pm

SNV

Synovus Financial Corp. (NYSE:SNV) shares rose following strong Q3 earnings, with EPS of $1.23 beating estimates and revenue surpassing expectations. The company showed significant year-over-year improvements in net income and non-interest revenue.

Portfolio Pulse from Vaishali Prayag

October 17, 2024 | 5:25 pm

EQX

Equinox Gold shares declined as the company reduced its production guidance for the Greenstone mine.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:12 pm

MMS

Maximus has secured a position on a $300 million IRS consulting services agreement, which will focus on strategic planning and business process improvements to enhance taxpayer services over a five-year term.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:01 pm