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U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all seeing gains. Yum! Brands reported disappointing Q4 results, missing sales and EPS estimates. MicroCloud Hologram, Glatfelter Corporation, and Aviat Networks saw significant stock price increases, while Triumph Group, The Container Store Group, and Snap Inc. experienced notable declines. Oil prices rose, while gold remained mostly flat.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 7:32 pm

CHKP

Analysts have mixed views on Check Point Software Technologies Ltd (NASDAQ:CHKP), with price targets adjusted amidst solid revenue growth and market share concerns. Mizuho maintains a Neutral stance, raising the price target to $160, citing slight revenue growth exceedance and a solid initial outlook for 2024 despite market share loss. Wedbush and Truist express more optimism, raising their price targets to $185 and $175, respectively, highlighting cross-sell opportunities and a positive outlook. Susquehanna is bullish, increasing the target to $200, praising technological leadership. KeyBanc maintains a Sector Weight rating, pointing to valuation and margin pressure.

Portfolio Pulse from Anusuya Lahiri

February 07, 2024 | 7:31 pm

HOOD

Financial analysts have observed a bullish trend in options trading for Robinhood Markets (NASDAQ:HOOD), with 70% of trades showing bullish sentiment. The trading activity suggests a target price range of $9.0 to $15.0 for HOOD over the next three months. Significant trades include both puts and calls, with a notable volume and open interest within the $9.0 to $15.0 strike price range. Robinhood Markets, known for its app-based financial services platform, has seen its stock price increase by 0.56% to $10.84, with a neutral RSI. Analysts from Goldman Sachs and Mizuho have set target prices at $11 and $15, respectively.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 7:30 pm

CHTR

Investors and traders have shown a bearish stance on Charter Communications (NASDAQ:CHTR), as evidenced by recent options trading activity. Benzinga's options scanner revealed 16 unusual trades, with a sentiment split of 31% bullish and 68% bearish. The trades aim for a price range of $170 to $540 for CHTR over the next three months. Analysts have varying opinions on CHTR, with price targets ranging from $280 to $472. The company, a major U.S. cable provider, is currently trading at $290, slightly down by 0.1%.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 7:30 pm

LNG

Cheniere Energy (NYSE:LNG) has delivered an average annual return of 19.42% over the past 5 years, outperforming the market by 6.73% on an annualized basis. A $100 investment in LNG 5 years ago would be worth $244.61 today. The company's current market capitalization stands at $38.18 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 7:30 pm

CE

Celanese (NYSE:CE) has delivered an average annual return of 18.9% over the past 15 years, outperforming the market by 6.27% on an annualized basis. With a current market capitalization of $16.10 billion, a $100 investment in CE 15 years ago would be worth $1,321.21 today.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 7:30 pm

F

Citigroup analyst Itay Michaeli has maintained a Buy rating on Ford Motor (NYSE:F) and increased the price target from $15 to $16.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 7:29 pm

PYPL

Altimeter CEO Brad Gerstner revealed that Altimeter owns a 'small stake' in PayPal, indicating a potential strategic interest or confidence in PayPal's future performance.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 7:18 pm

ETHUSD

MATICUSD

Donald Trump's cryptocurrency portfolio, including the MAGA coin (TRUMP), has surged 50% in value in two weeks, reaching $1.61 million. The rally is led by the TRUMP coin, which increased from $1.85 to $2.80. Other significant holdings include WETH, Ethereum (ETH), and Polygon (MATIC), contributing to over $2 million in profit. Despite Trump's skepticism towards cryptocurrencies, the MAGA coin's success and its potential impact on the 2024 presidential race are highlighted.

Portfolio Pulse from Khyathi Dalal

February 07, 2024 | 7:17 pm

UMBF

UMB Financial's (NYSE:UMBF) short interest has decreased by 11.88% since the last report, with 540 thousand shares sold short, representing 1.41% of its float. The current short interest suggests a more bullish sentiment among investors compared to its peer group average of 5.19% short interest as a percentage of float. The article highlights the importance of tracking short interest as an indicator of market sentiment.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 7:15 pm