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TSLA

Wedbush analyst Dan Ives anticipates Tesla's upcoming robotaxi event to be a 'seminal and historical day' for the company, with potential game-changing updates on autonomous technology. Ives maintains an Outperform rating and a $300 price target for Tesla, highlighting the significance of the event for Tesla's growth in AI and autonomous driving.

Portfolio Pulse from Adam Eckert

September 30, 2024 | 10:26 pm

BAX

Hurricane Helene has caused significant damage to Baxter International's largest manufacturing facility in North Carolina, leading to a temporary shutdown. This disruption is expected to negatively impact Baxter's financial performance, with shares initially dropping by 4.1%. The company is working to restore operations, while other firms may compensate for the supply loss.

Portfolio Pulse from Aaron Bry

September 30, 2024 | 10:08 pm

NXRT

NexPoint Residential Trust announced that its properties did not sustain any material damages from Hurricane Helene, alleviating potential concerns for investors about property damage and associated costs.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 10:02 pm

BY

Byline Bancorp and First Security Bancorp have entered a definitive merger agreement valued at $41 million. Byline will issue 2.1794 shares of its common stock for each First Security share, with the transaction valued at $38.4 million based on Byline's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 9:59 pm

NKE

Nike is set to report its Q1 earnings with a focus on China and North America. Analysts expect lower revenue and earnings per share compared to last year. The recent CEO change to Elliot Hill has led to raised price targets, but analysts remain cautious about immediate impacts. Nike's stock has been volatile, and the upcoming analyst day in November is a key event to watch.

Portfolio Pulse from Chris Katje

September 30, 2024 | 9:45 pm

HTLM

HomesToLife is pricing its IPO at $4.00 per share for 1.25 million ordinary shares, with trading set to begin on Nasdaq under the ticker 'HTLM' on October 1, 2024. The offering is expected to close on October 2, 2024, pending customary conditions.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 9:35 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares rose nearly 9% on Monday, continuing a volatile trend ahead of the Presidential election. The stock has gained over 30% in the past five days following the expiration of a lockup period. Co-founders sold over seven million shares, but Trump did not sell his stake. The company announced its content delivery network is now operational across multiple sites, enhancing its TV streaming capabilities.

Portfolio Pulse from Erica Kollmann

September 30, 2024 | 9:32 pm

FLR

Fluor (NYSE:FLR) has outperformed the market over the past 5 years, achieving an average annual return of 21.1%. A $1000 investment in FLR 5 years ago would now be worth $2,644.68, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 9:30 pm

GPN

Global Payments (NYSE:GPN) has outperformed the market over the past 20 years with an average annual return of 10.85%, resulting in a $100 investment growing to $777.09. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 9:30 pm

CFG

Analysts have provided diverse evaluations of Citizens Financial Group (NYSE:CFG) over the past three months, with a mix of bullish and indifferent ratings. The average 12-month price target has increased to $44.36, indicating a positive outlook. Despite this, CFG faces challenges with declining revenue growth, low net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 9:01 pm