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TFII

RBC Capital analyst Walter Spracklin has reiterated an Outperform rating on TFI International (NYSE:TFII) and maintained a price target of $155. The reaffirmation of the positive outlook and price target suggests confidence in the company's performance and potential for stock appreciation.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 4:59 pm

BE

Bloom Energy Corp (NYSE:BE) shares dropped after BofA Securities analyst Julien Dumoulin-Smith downgraded the stock from Neutral to Underperform and cut the price target from $16 to $10. The downgrade was due to low visibility into the company's orders and conversions, with revenue growth expected to be flat for 2023-2025. The company's recent change in COO and uncertainties regarding achieving FY23 targets and 2024 growth were also concerns. Additionally, potential risks to the hydrogen outlook could affect future sales, as per the analyst.

Portfolio Pulse from Priya Nigam

January 29, 2024 | 4:50 pm

CSCO

NVDA

Wall Street analyst Ed Yardeni compares Nvidia's (NVDA) current rally to Cisco's (CSCO) 1990s run, suggesting NVDA could have more upside before a potential crash. Nvidia's stock has surged 265% since ChatGPT's release, outpacing the S&P 500 Semiconductor Index. Yardeni notes the market's expectation of interest rate cuts as inflation seems under control, which could lead to a market melt-up. However, he warns of the risk of a speculative bubble similar to the dot-com era if the Fed cuts rates prematurely.

Portfolio Pulse from Piero Cingari

January 29, 2024 | 4:41 pm

GMDA

Gamida Cell's stock is trading higher following the company's announcement that it is actively seeking strategic alternatives, which could include a sale, merger, or other business combination.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 4:34 pm

UBS

Two key shareholders of UBS Group AG have expressed concerns about the bank's size and potential regulatory issues. They are worried that the bank's scale could lead to increased scrutiny and regulatory challenges, which may affect its operations and financial performance.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 4:26 pm

GM

Auto dealers are expressing a strong interest in hybrid vehicles to General Motors (GM), indicating a demand for a broader mix of powertrains amidst the industry's push towards electric vehicles. This demand suggests that consumers are still interested in hybrid options, which could influence GM's production and sales strategies.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 4:22 pm

JL

Shares of J-Long Group were halted due to a circuit breaker after a significant drop, but the stock has since recovered, now showing an increase of 38.8%.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 4:20 pm

NFLX

Netflix Inc (NASDAQ:NFLX) has seen a 16% rise in stock price in 2024 and a 64% increase in 2023, despite challenges like subscription fatigue and competition. Disney's decision to license more TV shows to Netflix is a significant boost to its content library. Netflix has been investing heavily in content, with expenditures over $17 billion, and has introduced measures like cost-cutting, addressing password sharing, and ad-supported tiers to improve profitability. The company's debt exceeds $14 billion, but operating margin is expected to increase to 24%. Post-earnings, the stock opened 9% higher, despite Q4 earnings falling short, indicating investor confidence. Netflix's stock closed at $570.42 on January 26, up by 1.52%.

Portfolio Pulse from Zaheer Anwari

January 29, 2024 | 4:17 pm

AAPL

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher despite a 33% decline over the past month. DJ Novotney, a former Apple Inc. (NASDAQ:AAPL) VP of hardware engineering, is joining Rivian as SVP of vehicle programs. Additionally, rumors suggest a March 2024 launch for Rivian's R2 model, based on a Laguna Beach City Council agenda report about a planned event titled 'Rivian R2 Launch'.

Portfolio Pulse from Erica Kollmann

January 29, 2024 | 4:13 pm

CAVA

Lauren Balik has published a short report on Cava (NYSE: CAVA), suggesting that the company is akin to Chipotle in 2015. The title of the report, 'Cava is the Next Chipotle, But It's the Chipotle of 2015', implies a comparison that may raise concerns about Cava's current business model and performance, drawing parallels to the challenges faced by Chipotle in that year.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 4:07 pm