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ENPH

Enphase Energy (NASDAQ:ENPH) received mixed analyst ratings over the past three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for ENPH has risen to $122.93, up 9.56% from $112.20. Analyst actions varied, with several raising, lowering, or maintaining their price targets and ratings. Enphase Energy's financial performance shows challenges, including a significant revenue decline of -45.1% as of December 31, 2023, and below-average profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 8:00 pm

FI

Fiserv (NYSE:FI) has delivered an average annual return of 14.34% over the past 20 years, outperforming the market by 6.79% on an annualized basis. With a current market capitalization of $85.29 billion, a $1000 investment in Fiserv 20 years ago would be worth $14,595.83 today.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 8:00 pm

POOL

Over the past 10 years, Pool (NASDAQ:POOL) has outperformed the market with an annualized return of 21.68%, turning a $1000 investment into $7,088.68 today. Pool's market capitalization stands at $14.73 billion, highlighting the significant impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 8:00 pm

LZ

LegalZoom.com (NASDAQ:LZ) has received mixed analyst ratings over the past quarter, with a shift towards a more bullish stance in the last 30 days. The average 12-month price target for LZ is now $13.12, down from $13.67, with analysts adjusting their price targets and ratings based on market conditions and company performance. LegalZoom.com has shown positive financial health indicators, including a revenue growth rate of 7.73% as of September 30, 2023, a net margin of 4.5%, and an ROE of 4.77%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 8:00 pm

ADVM

FDMT

RGNX

Adverum Biotechnologies Inc (NASDAQ:ADVM) reported preliminary safety and efficacy data from its LUNA Phase 2 trial for wet age-related macular degeneration, showing no serious adverse events and significant reduction in treatment burden. Despite positive data, ADVM shares dropped 20.60% to $2.23. The company also announced a $127.5 million private placement expected to fund operations into late 2025. Rivals 4D Molecular Therapeutics (NASDAQ:FDMT) and Regenxbio Inc (NASDAQ:RGNX) also released data on their wet AMD therapies earlier in the week.

Portfolio Pulse from Vandana Singh

February 08, 2024 | 7:59 pm

CX

Cemex shares are trading lower following the announcement of worse-than-expected Q4 revenue results.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 7:58 pm

DWAC

RUM

The Supreme Court is deliberating on whether Donald Trump can appear on the 2024 Colorado ballot, focusing on the 14th Amendment's insurrection clause. Trump's lawyers argue for his inclusion, while opposition cites the Jan. 6 Capitol attack. The decision could influence other states' ballots. Trump commented on the process, emphasizing his lead in polls. The court's decision is pending, with implications for the primaries. Shares of Digital World Acquisition (DWAC) and Rumble Inc (RUM) may be impacted by the outcome.

Portfolio Pulse from Chris Katje

February 08, 2024 | 7:56 pm

PM

Philip Morris International's shares dropped following the announcement of disappointing Q4 adjusted EPS results and weaker-than-expected FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 7:55 pm

FRHC

KRE

LDI

NYCB

PFSI

U.S. Treasury Secretary Janet Yellen warned of potential failures among non-bank lenders due to stretched household finances and rising loan delinquencies. Non-bank lenders, which rely on short-term funding, could face risks if the lending market becomes strained. U.S. household debt reached a record $17.5 trillion, with mortgage and credit card debts at all-time highs. This situation poses a risk to non-bank lenders like Freedom Holding Corp. (FRHC), LoanDepot Inc (LDI), and PennyMac Financial Services (PFSI). Additionally, regional banks such as New York Community Bancorp, Inc. (NYCB) are under strain, with the SPDR S&P Regional Banking ETF (KRE) experiencing a decline.

Portfolio Pulse from Neil Dennis

February 08, 2024 | 7:52 pm

VZ

Verizon Communications (NYSE:VZ) has seen a surge in options activity, with a bearish sentiment from deep-pocketed investors. Benzinga's options scanner revealed 11 extraordinary activities, with a price target range between $30.0 and $42.0. The largest trades include both bullish and bearish sentiments on calls, with significant open interest and volume in the last 30 days. Verizon's current market position shows a slight decrease in stock price, with an RSI suggesting it may be approaching overbought. Analyst ratings vary, with a consensus target price of $46.0.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 7:46 pm