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NUVL

In the last quarter, Nuvalent (NASDAQ:NUVL) received 2 bullish, 3 somewhat bullish, and 1 indifferent analyst ratings. The average 12-month price target for the company, according to 6 analysts, is $59.5, up 15.53% from the previous average of $51.5.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 4:00 pm

ARM

The article provides a detailed comparison of ARM Holdings with its competitors in the Semiconductors & Semiconductor Equipment industry. It highlights that ARM Holdings' Price to Earnings ratio, Price to Book ratio, and Price to Sales ratio are significantly higher than the industry average, suggesting a premium valuation. However, the company's Return on Equity, EBITDA, gross profit, and revenue growth are lower than the industry average, indicating potential inefficiencies and lower profitability. ARM Holdings' debt-to-equity ratio is lower than its top 4 peers, indicating a stronger financial position.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 4:00 pm

OUT

Analysts have provided various ratings for Outfront Media (NYSE:OUT) within the last quarter, with 1 bullish, 1 somewhat bullish, and 4 indifferent. The average price target is $15.5, implying an upside from the current price of $9.12. This average has decreased by 19.81% from the previous average price target of $19.33.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 4:00 pm

DLTR

Dollar Tree (NASDAQ:DLTR) has received various analyst ratings in the last quarter, with 6 bullish, 3 somewhat bullish, 2 indifferent, and 1 somewhat bearish. The average 12-month price target for the company, according to 12 analysts, is $150.83, a decrease of 4.42% from the previous average of $157.80.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 4:00 pm

GSK

HLN

GSK plc has announced its intention to sell 270 million ordinary shares in Haleon, equivalent to approximately 2.9% of Haleon's issued share capital. The disposal will be conducted through a placing of ordinary shares in Haleon to institutional investors. The offer price of Haleon share sale will be determined by means of an accelerated bookbuild offering process which is to start immediately.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 3:52 pm

YCBD

CBDMD, Inc. (NYSE:YCBD) has announced a sponsorship deal with FIFA-affiliated Costa Rican soccer team, Club Sport Herediano. This is the first partnership between a CBD brand and a professional FIFA-recognized premier division soccer team. The company's NSF Certified for Sport products will be incorporated into the players' wellness and recovery routines. The news led to a 9.57% increase in cbdMD's shares, trading at $1.03 per share.

Portfolio Pulse from Jelena Martinovic

October 05, 2023 | 3:52 pm

BYDDY

F

Ford Motor Co (NYSE:F) has announced that negotiations with a potential investor for its Saarlouis plant in Germany have stalled, reigniting concerns about the plant's future and the jobs of its workforce. The unidentified investor had entered a provisional agreement in June but has now chosen to discontinue talks. This follows Ford's decision to favor a Spanish location for the assembly of its forthcoming electric vehicle, implying the Saarlouis location will cease production of the Ford Focus by 2025. Ford plans to retain 1,000 positions at the location under a new plan, potentially transforming it into a technology hub.

Portfolio Pulse from Shivani Kumaresan

October 05, 2023 | 3:50 pm

CAL

Footwear company Caleres Inc (NYSE:CAL) has issued its three-year strategic and financial plan ahead of its Investor Day on Oct. 5. The company expects double-digit operating margin in 2023 and beyond, with about 50% of revenue to be derived from the Brand Portfolio segment by 2026. Caleres expects net sales to grow at a three-year CAGR of 3% - 5% and diluted adjusted EPS to increase at a three-year CAGR of 11% - 13% to reach $6.00 at the mid-point of the range. However, due to challenging consumer demand in September, Caleres expects sales to be at the low-end of the range for both the third quarter and fiscal year 2023.

Portfolio Pulse from Shivani Kumaresan

October 05, 2023 | 3:47 pm

SYK

Stryker's (NYSE:SYK) short percent of float has risen 14.29% since its last report, with 3.69 million shares sold short, which is 1.04% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Stryker has less short interest as a percentage of float (2.97%).

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 3:45 pm

DE

Deere's (NYSE:DE) short percent of float has risen 5.06% since its last report, with 2.38 million shares sold short, which is 0.83% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Deere has less short interest as a percentage of float, which is 2.92% on average.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 3:45 pm