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AIG

CRBG

BofA Securities analyst Joshua Shanker downgraded American International Group Inc (AIG) to Neutral from Buy, despite strong Q4 results, due to anticipated difficulties in 2024 including the impact of selling the Validus reinsurance business to RenaissanceRe and a divestiture plan by Corebridge Financial Inc (CRBG) affecting AIG's EPS. Shanker raised AIG's price target to $77 from $75 but expects a slower trend toward higher investment yields and lower EPS forecasts for the coming years.

Portfolio Pulse from Lekha Gupta

February 20, 2024 | 7:11 pm

USFD

Piper Sandler analyst Brian Mullan upgraded US Foods Holding Corp (USFD) to Overweight from Neutral and raised the price target to $59 from $45, citing potential for the stock to reach high $50s/low $60s in the next 12 months. US Foods reported Q4 revenue of $8.936 billion, surpassing estimates, but missed EPS expectations. Despite potential industry slowdowns due to a recession, USFD is expected to outperform its peers. Mullan also revised revenue and EPS estimates for 2024 and 2025 upwards.

Portfolio Pulse from Lekha Gupta

February 20, 2024 | 7:10 pm

ATOMUSD

Cosmos Hub's cryptocurrency, ATOM, has seen a 3.6% decrease in price over the last 24 hours, continuing a week of negative trend with a slight 0.0% loss. The trading volume and circulating supply have also decreased, with the market cap ranking at #27.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:03 pm

RIO

Rio Tinto PLC (NYSE:RIO) is facing investor scrutiny as it prepares to release its full-year 2023 earnings on Feb. 21, amid a share price dip of over 11% year-to-date and allegations of water pollution in Mongolia and Madagascar. Despite these challenges, the company's diversified commodity portfolio, strategic assets, and optimistic iron ore price outlook could present a value opportunity. However, the technical setup appears bearish, with mixed signals from moving averages and a neutral consensus analyst rating with a price target of $6.45.

Portfolio Pulse from Surbhi Jain

February 20, 2024 | 7:02 pm

UNIUSD

Uniswap's (CRYPTO: UNI) price has decreased by 3.03% in the last 24 hours to $7.38, despite an 11.0% uptrend over the past week. The trading volume for UNI has increased by 44.0%, while the circulating supply decreased by 0.08%, bringing it to 753.77 million. UNI's market cap ranks #20 at $5.57 billion.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:02 pm

LTCUSD

Litecoin (CRYPTO: LTC) has seen a decrease of 3.17% in the last 24 hours, bringing its price down to $68.93, despite a 1.0% gain over the past week. The trading volume and circulating supply have also decreased, with the current market cap ranking at #22.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:02 pm

AGR

Avangrid (NYSE:AGR) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $0.91. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to various stock price changes. Avangrid's stock has declined 23.53% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for the earnings outcome and particularly the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:02 pm

CNNE

Cannae Holdings (NYSE:CNNE) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $-0.55. The company's past earnings performance shows a history of not meeting EPS estimates, leading to negative stock price reactions. Shares are currently trading at $20.69, reflecting an 8.48% decrease over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:02 pm

THTX

Theratechnologies (NASDAQ:THTX) is expected to report a Q4 EPS of $-0.24 on February 21, 2024. Analysts and investors will be looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows a mix of beats and misses, with the share price reacting accordingly. Currently, shares are trading at $1.65, down 57.73% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:02 pm

CLH

Clean Harbors (NYSE:CLH) is scheduled to release its quarterly earnings report on February 21, 2024, with an expected EPS of $1.69. Despite a miss in the last quarter's EPS, the company's stock price increased by 5.23% the following day. Historically, the company's earnings performance has shown mixed results with both misses and beats in EPS estimates, leading to varied stock price reactions. Over the last year, CLH shares have seen a 39.07% increase, indicating a positive trend for long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:01 pm