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EBAY

Over the past three months, eBay (NASDAQ:EBAY) has been evaluated by 9 analysts, showing a shift towards a more neutral stance with 7 indifferent ratings recently. The average 12-month price target for eBay has risen to $50.11, indicating a positive outlook. eBay's financial performance demonstrates strong profitability and effective asset utilization, with a notable net margin of 52.2% and ROE of 23.37%. The company's market capitalization is below the industry average, suggesting it is smaller relative to peers.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 4:00 pm

DOGEUSD

FLOKIUSD

SHIBUSD

Floki Inu (FLOKI) developers propose to burn 190 billion tokens, accounting for 2% of its circulating supply, amid a 67.5% weekly rally. The community will vote on this proposal. Web3 investment firm DWF Labs plans to purchase $10 million in FLOKI tokens. A request has been made to list Floki on Binance due to its potential as a top memecoin. Floki Inu, inspired by Elon Musk's pet, is seen as a potential rival to Dogecoin (DOGE) and Shiba Inu (SHIB).

Portfolio Pulse from Khyathi Dalal

February 29, 2024 | 4:00 pm

MRSN

Wedbush analyst David Nierengarten upgraded Mersana Therapeutics (NASDAQ:MRSN) from Neutral to Outperform and increased the price target from $2 to $7.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:52 pm

VERX

Vertex shares surged following the announcement of their Q4 earnings, which exceeded expectations. The company also provided optimistic guidance for FY24 and Q1, signaling strong future performance.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:48 pm

VERX

VRTX

The correct ticker symbol for Vertex is 'VERX', not 'VRTX' as may have been previously mentioned.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:48 pm

VRTX

Vertex Pharmaceuticals Incorporated (VRTX) shares are trading higher following the announcement of better-than-expected fourth quarter results. Additionally, the company has issued strong guidance for the first quarter and full year of 2024, indicating positive future performance.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:47 pm

QCOM

Recent analysis of options trading activity for Qualcomm (NASDAQ:QCOM) shows a bullish sentiment among investors, with 56% of trades being bullish and 43% bearish. Notable trades include both puts and calls, targeting a price range of $105.0 to $175.0 for Qualcomm over the last 3 months. The company, a major player in wireless technology and chip design, is currently trading at $156.94, up 0.7%, but may be overbought according to RSI readings. Analysts have issued varied ratings, with a consensus target price of $163.0.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 3:47 pm

SNAP

Significant options activity has been observed in Snap Inc. (NYSE:SNAP), with a bearish sentiment prevailing among big-money investors. Benzinga's options scanner revealed 9 unusual trades, with a split sentiment of 33% bullish and 66% bearish. The trades indicate a targeted price range for SNAP between $9.0 and $15.0 over the next 3 months. The largest trades include both bullish and bearish positions, with notable volumes and open interests. Snap's current trading volume is 4,261,049, with a slight price increase of 0.18%, and an RSI indicating a potential oversold condition. Analyst ratings over the past month suggest a mixed outlook, with target prices ranging from $11 to $20.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 3:47 pm

DAVA

Endava shares are trading lower following the release of their Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:46 pm

OKTA

B of A Securities analyst Madeline Brooks upgraded Okta (NASDAQ:OKTA) from Underperform to Buy and increased the price target from $64 to $135.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:45 pm