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Stock Prices

VVX

Analysts have diverse views on V2X (NYSE:VVX), with recent evaluations showing a mix of bullish and indifferent stances. The average 12-month price target is $59.25, slightly up from the previous $59.00. V2X, serving the U.S. government, shows strong financial indicators like revenue growth and net margin, despite a high debt-to-equity ratio. The company's market capitalization is below industry benchmarks, indicating potential growth or operational capacity concerns.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:00 pm

AMD

NVDA

AMD introduced AMD Embedded+, combining Ryzen Embedded processors with Versal adaptive SoCs for faster, energy-efficient product launches for ODM partners. This innovation targets the medical, industrial, and automotive sectors with its compact, low-power design. AMD and Nvidia's stocks traded lower as investors adjust their AI sector investments.

Portfolio Pulse from Anusuya Lahiri

February 06, 2024 | 5:53 pm

KKR

KKR & Co's shares experienced an increase following the announcement of their Q4 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:52 pm

PINC

Premier Inc (NASDAQ:PINC) announced a $1B share repurchase program and the conclusion of its strategic review. The company entered an accelerated share repurchase agreement with Bank of America for $400 million. Premier is exploring partnerships for its subsidiaries, Contigo Health and S2S Global. Q2 2024 earnings showed a 14% Y/Y decrease in adjusted EPS to $0.60, beating consensus estimates. Sales were down 7% Y/Y to $334.75 million, also beating estimates. The company provided FY 2024 guidance with adjusted EPS of $2.06-$2.18 and revenue of $1.265 billion-$1.325 billion. PINC shares rose 6.32% to $22.28.

Portfolio Pulse from Vandana Singh

February 06, 2024 | 5:48 pm

CHGG

Chegg Inc (NYSE:CHGG) shares fell in early trading on Tuesday following its Q4 earnings report, which revealed modest revenue gains but continued challenges in subscriber growth, particularly in the U.S. Analysts from Piper Sandler, KeyBanc Capital Markets, William Blair, and Needham provided mixed reviews, with a focus on the company's AI investments, subscription service revenues, and financial guidance. Despite some positive notes on expense management and international subscriber growth, the overall sentiment was cautious due to weak subscriber trends and disappointing Q1 guidance.

Portfolio Pulse from Priya Nigam

February 06, 2024 | 5:47 pm

AGCO

AGCO Corp reported a 2.5% decline in Q4 fiscal 2023 net sales to $3.80 billion, missing the $4.03 billion consensus. Adjusted operating income fell 13.2% Y/Y to $405.3 million, with a margin contraction to 10.7%. Adjusted EPS was $3.78, below the $4.02 consensus. For 2024, AGCO expects net sales of $13.6 billion and EPS of ~$13.15, aiming for operational efficiencies amid challenging market conditions. Shares rose 2.85% to $124.38.

Portfolio Pulse from Akanksha Bakshi

February 06, 2024 | 5:46 pm

RTO

Rentokil Initial's (NYSE:RTO) short interest has significantly increased by 109.09% since the last report, with 1.16 million shares sold short, representing 0.23% of its float. This increase in short interest, which now requires approximately 1.77 days for traders to cover, may indicate a more bearish market sentiment towards RTO. However, compared to its peers' average short interest of 3.03%, RTO's short interest is relatively low, suggesting a less bearish outlook among its peer group.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 5:45 pm

SPLK

Splunk's (NYSE:SPLK) short interest has decreased by 14.75% since the last report, with 4.37 million shares sold short, representing 2.6% of its float. This decrease in short interest could indicate a more bullish sentiment towards SPLK among investors. Compared to its peers, SPLK has a lower short interest percentage of 2.6% versus the peer group average of 3.07%.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 5:45 pm

DOV

Dover (NYSE:DOV) has seen a 7.56% increase in its short percent of float, now at 1.85% of all shares available for trading. With 1.99 million shares sold short, it would take about 2.39 days to cover these positions. This rise in short interest indicates a more bearish market sentiment towards Dover, although it has less short interest compared to its peer group average of 3.16%. This information suggests investors are showing increased bearishness but Dover is still performing better in this aspect than most of its peers.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 5:45 pm

UPS

United Parcel Service (UPS) shares are experiencing an uptick following an upgrade by UBS from Neutral to Buy, along with an increase in the price target from $160 to $175.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 5:44 pm