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CERT

Certara's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 6:10 pm

COCH

Envoy Medical's shares resumed trading after a circuit breaker halt, with the stock price surging by 44%. The halt was likely due to the rapid increase in stock price, a mechanism designed to prevent extreme volatility in the market. This significant rise in stock price indicates strong investor interest or reaction to recent company news or market events.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 6:03 pm

DD

Analyst ratings for DuPont de Nemours (NYSE:DD) show a mix of opinions, with recent adjustments indicating a downward trend in price targets. The average 12-month price target is now $75.25, down 5.64% from $79.75. Analyst actions include both downgrades and upgrades, reflecting changing market dynamics and company performance. DuPont's financials reveal challenges in revenue growth and efficiency metrics, yet it maintains a strong market position with its specialty chemicals portfolio.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 6:02 pm

C

COWZ

GOOG

The CNBC Halftime Report featured final trade recommendations, highlighting Citigroup, Alphabet Inc. - Class C, and Pacer US Cash Cows 100 ETF as notable picks.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 6:01 pm

FWRD

Four analysts have recently updated their ratings on Forward Air (NASDAQ:FWRD), showing a consensus towards a neutral to somewhat bearish outlook with three indifferent and one somewhat bearish rating. The average 12-month price target is now $56.25, down 20.02% from the previous $70.33, indicating a downward revision in expectations. Forward Air's financial performance shows a decline in revenue by -18.94% for the quarter ending September 30, 2023, but it maintains strong profitability metrics such as net margin and ROE, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 6:01 pm

ANNX

Annexon shares are trading higher following an upgrade from JP Morgan, moving from Neutral to Overweight.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:54 pm

BA

Boeing has informed its suppliers of a delay in the production increase of the 737 model. The new schedule indicates a gradual increase in output, reaching 42 units per month by June (previously February), 47 by January 2025 (previously August 2024), 52 by June 2025 (previously February 2025), and finally 57 by February 2026 (previously August 2025), according to Reuters citing sources.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:54 pm

MU

NVDA

SSNGY

Micron Technology, Inc. (NASDAQ:MU) shares rose after Mizuho analyst Vijay Rakesh maintained a Buy rating and increased the price target from $100 to $105, citing improving margin profiles and high-bandwidth memory tailwinds. Micron's LPDDR5X memory and UFS 4.0 mobile flash storage were selected by Samsung Electronics for the Galaxy S24 series. Additionally, Micron began volume production of the 24GB 8H HBM3E solution for Nvidia Corporation's H200 Tensor Core GPUs, boasting about 30% lower power consumption than competitors. Micron's stock is trading at 52-week highs, driven by the semiconductor industry's growth due to the adoption of artificial intelligence.

Portfolio Pulse from Erica Kollmann

March 01, 2024 | 5:54 pm

LLY

Eli Lilly's stock price increased following B of A Securities' decision to maintain a buy rating and raise its price target from $800 to $1,000.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:53 pm

IBKR

Interactive Brokers Group, Inc. (NASDAQ:IBKR) reported its February 2024 brokerage metrics, showing significant growth across various indicators. Daily Average Revenue Trades (DARTs) increased by 15% YoY and 11% MoM to 2.443 million. Client equity rose by 35% YoY to $448.2 billion, while margin loan balances grew by 21% YoY to $47.4 billion. Client credit balances reached $102.9 billion, a 5% increase YoY. The number of client accounts grew by 24% YoY to 2.69 million, with an average of 206 annualized cleared DARTs per account. The average commission per cleared Commissionable Order was $2.85.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:50 pm