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CDTX

Trading for an unspecified asset was halted at 4:00:15 p.m. ET due to pending news. The halt indicates that significant information is expected to be released, which could impact the asset's price.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:00 pm

TOST

Toast (NYSE:TOST) has received mixed ratings from 8 analysts over the past three months, with a current average price target of $28.5. Analysts' ratings range from 'Buy' to 'Neutral', with some raising and others lowering their price targets. Toast's financial performance shows strong revenue growth but challenges in profitability and returns. The company maintains a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 8:00 pm

FTNT

Fortinet Inc (NASDAQ:FTNT) shares fell by 2.91% after confirming a data breach involving 440GB of files. The breach, affecting a limited number of files on a third-party cloud drive, has raised concerns about the company's security and could lead to regulatory scrutiny.

Portfolio Pulse from Henry Khederian

September 12, 2024 | 7:58 pm

SPY

Vice President Kamala Harris expressed her belief that voters deserve another presidential debate. This statement may influence political sentiment and market perceptions, potentially impacting related political ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:53 pm

PCT

PureCycle Technologies shares rose after announcing a $90 million capital raise through transactions with Sylebra Capital Management and Samlyn Capital.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:46 pm

DWAC

Trump Media & Technology Group shares are declining following Donald Trump's statement on Truth Social about not participating in another debate with Vice President Harris. Traders are also evaluating the impact of the ABC 2024 Presidential Debate.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:46 pm

IYT

NSC

Norfolk Southern Corporation (NSC) is expected to see volume gains and productivity improvements despite recent management changes. BofA Securities analyst Ken Hoexter reiterated a Buy rating with a price target of $259, citing operational efficiency and earnings growth. NSC has appointed Mark George as the new CEO, replacing Alan Shaw due to policy violations. The company aims for a 66% operating ratio in 2024. NSC stock has gained over 28% in the past year, and investors can gain exposure through ETFs like iShares U.S. Transportation ETF (IYT) and Aztlan North America Nearshoring Stock Selection ETF (NRSH).

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2024 | 7:40 pm

LLY

Eli Lilly (NYSE:LLY) has seen unusual options activity, with a significant number of bullish trades. This suggests potential positive developments for the company. Analysts have mixed ratings, with price targets ranging from $885 to $1106.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 7:32 pm

TMUS

The options market shows a bearish sentiment towards T-Mobile US (NASDAQ:TMUS), with 50% of trades being bearish. The stock is currently trading at $201.92, up 1.7%, but may be approaching overbought territory. Analysts have a consensus target price of $230.0.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 7:32 pm

GIL

Gildan Activewear (NYSE:GIL) has outperformed the market over the past 20 years with an average annual return of 13.71%, resulting in a $1000 investment growing to $13,317.42. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 7:31 pm