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AGEN

AUUD

LGVN

Agenus Inc. experienced a significant drop of 17% in its stock price after announcing a 1-for-20 reverse stock split. Other stocks also showed notable movements, with Auddia Inc. surging 231.7% following a new U.S. patent award, and Longeveron Inc. climbing 93.2% after submitting paperwork for a share offering. UTime Limited, U Power Limited, and several other companies also saw significant gains. Conversely, 22nd Century Group Inc. and Perion Network Ltd. were among the top losers, with sharp declines in their stock prices.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 5:10 pm

EIS

SPY

USO

Israel's Prime Minister Netanyahu announced a date for a Rafah invasion in Gaza, signaling potential escalations in the region. This development could have implications on global markets and specific US-listed assets such as EIS, SPY, and USO.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 5:08 pm

APTV

DAL

UBER

The CNBC Halftime Report featured final trade recommendations, highlighting Uber Technologies, Delta Air Lines, and Aptiv PLC as stocks to watch. These companies were selected based on their current market performance and potential for future growth.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 5:01 pm

AMAT

Applied Materials (NASDAQ:AMAT) has seen varied analyst opinions over the past three months, with a recent shift towards more bullish sentiments. The average 12-month price target has risen to $211.41, indicating a 20.93% increase from the previous target. Analysts have adjusted their ratings and price targets, reflecting optimism about the company's market position as the largest semiconductor wafer fabrication equipment manufacturer. Despite a slight revenue decline of -0.47% in the last quarter, Applied Materials boasts a strong financial performance with exceptional net margin, ROE, and ROA, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 5:01 pm

A significant amount of unusual options activity on Visa (NYSE:V) has been detected, indicating a split sentiment among big-money traders, with 55% bullish and 44% bearish. The activity includes both puts and calls, with a price target window from $260.0 to $375.0. Analysts have mixed views on Visa, with target prices ranging from $265 to $335. Visa's current market position is stable, with an upcoming earnings announcement in 15 days.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 5:01 pm

CHRD

GDDY

HRI

ISCB

IWM

MKSI

SCAP

The InfraCap Small Cap Income ETF (SCAP) focuses on investing in small-cap companies for high yield and total return, using a blend of quantitative and qualitative analysis to outperform passive funds. SCAP's structure offers tax benefits by avoiding capital gains through in-kind redemptions. Despite the inherent risks of small-cap investments, SCAP has outperformed its passive counterparts like the Russell 2000 Index and the iShares Morningstar Small-Cap ETF (ISCB) in 2024. SCAP's portfolio includes significant holdings in iShares Russell 2000 ETF (IWM), MKS Instruments Inc (MKSI), Chord Energy Corp (CHRD), GoDaddy Inc (GDDY), and Herc Holdings Inc (HRI).

Portfolio Pulse from Johnny Rice

April 08, 2024 | 5:00 pm

KMX

Recent analyst ratings for CarMax (NYSE:KMX) show a mix of opinions, with an average 12-month price target of $84.62, up 14.74% from the previous target. The ratings reflect varied sentiments, from bullish to bearish, with recent actions including ratings maintenance and adjustments to price targets. CarMax, a leading used-vehicle retailer, faces a revenue decline of -5.49% over the last 3 months but showcases strong financial performance with above-average net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 5:00 pm

RKT

There was a notable options activity for Rocket Companies, with a sweep of 1250 calls for the $14 strike price at $0.201 each, against an open interest of 209. This activity comes ahead of the company's earnings report, estimated to be released after the market closes on May 2nd. The reference stock price at the time of the options trade was $13.49.

Portfolio Pulse from Charles Gross

April 08, 2024 | 4:46 pm

PANW

Financial giants have shown a bearish sentiment towards Palo Alto Networks (NASDAQ:PANW) through options trading, with 55% bearish and 44% bullish trades. Notable options activity includes both calls and puts with a focus on a price band between $200.0 and $370.0. The current trading volume of PANW is 1,620,902, with a slight increase of 0.18% in its price, reaching $269.5. Analysts have set an average price target of $340.0, with mixed revisions from Stifel and Redburn Atlantic.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 4:46 pm

UPS

United Parcel Service (NYSE:UPS) has seen significant options activity, with a bearish sentiment prevailing among financial giants. Analysis of recent trades shows 75% bearishness, with puts valued at $190,030 and calls at $168,982. The options activity suggests a price window of $130.0 to $180.0. UPS's current stock price is $150.64, with a neutral RSI and an upcoming earnings report in 15 days. Analyst ratings vary, with an average target price of $147.8, but opinions range from a high of $180 to a low of $100.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 4:46 pm