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JWN

Analysts have varied opinions on Nordstrom (JWN), with recent ratings showing a mix of indifference and slight bearishness. The average 12-month price target is $17.9, reflecting a 9.15% increase from the previous target. Analyst actions include maintaining, raising, and lowering ratings and price targets, indicating a nuanced view of Nordstrom's market performance. The company's financial health is highlighted by its market capitalization, revenue growth, net margin, ROE, ROA, and debt management, suggesting a complex but potentially promising investment landscape.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:01 pm

STKH

Steakholder Foods, previously at risk of being delisted, has regained compliance with Nasdaq's listing requirements. This development is crucial for the company's continued trading on the exchange and could positively influence investor confidence.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 12:01 pm

AA

Alcoa Corp (NYSE:AA) has been analyzed by 5 financial analysts, showing a shift towards a more bearish stance in the last 30 days with an increase in bearish ratings and a decrease in bullish ratings. Despite this, the average 12-month price target for Alcoa has risen to $36.00, indicating a 10.43% increase from the previous target of $32.60. Analysts from firms including UBS, B. Riley Securities, Jefferies, BMO Capital, and B of A Securities have raised their price targets, reflecting adjustments to market conditions and company performance. Alcoa, a leading aluminum company, faces challenges such as a decline in revenue, below-average net margin, and a high debt-to-equity ratio, impacting its financial health.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:01 pm

RRR

Recent analyst ratings for Red Rock Resorts (NASDAQ:RRR) show a predominantly bullish outlook, with 12 analysts offering insights that led to an average 12-month price target of $61.75, reflecting a 12.09% increase from the previous target. The company's financial overview highlights a below-industry-average market capitalization, notable revenue growth of 8.75% over three months, exceptional net margin and ROE, impressive ROA, but a high debt-to-equity ratio indicating substantial debt.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:00 pm

PG

Procter & Gamble Co (NYSE:PG) reported a slight sales growth of 1% Y/Y in Q3 FY24 to $20.195 billion, missing estimates. Organic sales grew 3%, driven by higher pricing. Adjusted EPS of $1.52 beat estimates, with gross profit up 7% and operating income rising 5%. P&G raised its FY24 EPS growth outlook and plans to return over $9 billion to shareholders through dividends and share repurchases. Shares fell 1.30% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

April 19, 2024 | 11:59 am

ADPT

CRML

DCGO

LI

NFLX

NIO

NOVA

ON

SAGE

In Friday's pre-market session, U.S. stock futures were down, with Nasdaq futures dropping over 100 points. Notably, Netflix reported positive Q1 earnings and subscriber growth but saw its shares fall 6%. Other stocks experiencing declines include Critical Metals Corp., Adaptive Biotechnologies, Li Auto Inc., SAGE Therapeutics, DocGo Inc, Sunnova Energy International, NIO Inc., and ON Semiconductor, with various factors contributing to their pre-market losses.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 11:58 am

LIFW

MSP Recovery's stock is trading higher following the announcement of a settlement with 10 affiliated property and casualty insurers operating in 15 states.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:55 am

HRYU

IZEA

As of April 19, 2024, Hanryu Holdings, Inc. (HRYU) and IZEA Worldwide, Inc. (IZEA) in the communication services sector are considered overbought with RSI values of 70.85 and 80.12, respectively. HRYU's recent 13D filing and a 36% stock gain, along with IZEA's strategic adjustments and a 25% stock gain, highlight their momentum but also signal potential short-term volatility.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 11:54 am

AAPL

BA

NFLX

TSLA

Cathie Wood's Ark Invest buys $13M in Tesla stock and loads up on Bitcoin and Ethereum ETFs, amid discussions on Bitcoin halving and its impact. Wall Street faces potential 6th day of losses, influenced by Netflix and geopolitical tensions. Apple complies with China's security demands by removing Meta products from its App Store. Tesla recalls over 3,800 Cybertrucks due to unintended acceleration risk. Netflix faces growth challenges, and Boeing deals with safety concerns and whistleblower complaints.

Portfolio Pulse from Akanksha Bakshi

April 19, 2024 | 11:53 am

AULT

Ault Alliance's stock price increased following the announcement of receiving a $44 million investment from Ault & Company as per the November 2023 Securities Purchase Agreement.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:46 am