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SNPS

Over the past 5 years, Synopsys (NASDAQ:SNPS) has significantly outperformed the market, with an annualized return of 41.19%, growing a $100 investment to $559.27. The company's market capitalization stands at $89.21 billion.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 6:30 pm

SBUX

Over the past 15 years, Starbucks (NASDAQ:SBUX) has produced an average annual return of 22.87%, outperforming the market by 8.8%. A $100 investment in SBUX 15 years ago would now be worth $2,104.81, showcasing the impact of compounded returns on investment growth. Starbucks currently has a market capitalization of $108.55 billion.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 6:30 pm

PM

Philip Morris Intl (NYSE:PM) has seen a 14.0% decrease in short interest, now at 6.67 million shares or 0.43% of float, indicating a potential shift in market sentiment towards the stock. The current short interest is significantly lower than its peer group average of 2.83%, suggesting a more bullish outlook among investors compared to its peers.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 6:30 pm

ALLE

JCI

Mizuho Securities analyst Brett Linzey downgraded Allegion Plc (ALLE) and Johnson Controls International Plc (JCI) to Neutral from Buy, citing market challenges and mixed performance. ALLE's Q4 earnings beat expectations but sales missed, while JCI's Q1 revenues fell short with an adjusted EPS outlook revision. Linzey raised ALLE's price target slightly but maintained JCI's, expressing concerns over non-residential market signals and execution abilities.

Portfolio Pulse from Lekha Gupta

February 23, 2024 | 6:28 pm

FOXF

B of A Securities analyst Alexander Perry downgrades Fox Factory Hldg (NASDAQ:FOXF) from Buy to Neutral and sets a $55 price target.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 6:28 pm

CVNA

Carvana Co (NYSE:CVNA) shares surged following its Q4 earnings report, with analysts from RBC Capital Markets, Wedbush, JMP Securities, Needham, and William Blair providing positive outlooks despite mixed results. The company's strong EBITDA guidance and record retail non-GAAP gross profit per unit were highlights, leading to increased price targets and reaffirmed ratings.

Portfolio Pulse from Priya Nigam

February 23, 2024 | 6:23 pm

MTDR

Matador Resources (NYSE:MTDR) has seen a 3.38% increase in its short percent of float since the last report, with 10.23 million shares sold short, representing 10.4% of available shares. This indicates a bearish sentiment among investors, although it doesn't necessarily predict a price drop. Matador's short interest is higher than its peer group average of 6.04%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 6:15 pm

VALE

Vale's (NYSE:VALE) short interest has decreased by 11.71%, with 42.52 million shares sold short, representing 0.98% of its float. The current short interest suggests a bullish sentiment among investors, as it is lower than the peer group average of 4.34%. This change in short interest could influence Vale's stock performance in the short term.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 6:15 pm

CTSH

Cognizant Tech Solns (NYSE:CTSH) has seen an 11.39% increase in short percent of float since its last report, with 11.60 million shares sold short, representing 2.64% of available shares. This indicates a bearish market sentiment, although it's higher than the peer group average. Short interest is a key indicator of market sentiment, and an increase suggests investors are expecting the stock price to fall.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 6:15 pm

EVER

EverQuote (NASDAQ:EVER) is scheduled to release its quarterly earnings report on Monday, 2024-02-26, with an expected EPS of $-0.32. Analysts and investors are keen on not just the earnings beat or miss but also the company's guidance for future growth. Historical data shows mixed reactions to past earnings reports, with the last quarter missing EPS estimates but resulting in a 16.94% share price increase the following day. Over the last year, EverQuote's shares have decreased by 5.48%, indicating potential concern among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 6:02 pm