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UTWO

The Federal Reserve has maintained the federal funds rate within the 5.25% to 5.5% range at its September meeting. The median preference for the fed funds rate at the close of 2023 remains at 5.6%. For 2024, the central bank's projection for interest rate cuts points toward only a half-percentage point reduction, a hawkish shift from the earlier expectation of a full percentage point decrease. Growth forecasts have been significantly revised upward, standing at a robust 2.1% for 2023. The yield on the policy-sensitive two-year Treasury note, which is tracked by the U.S. Treasury Note ETF (NYSE:UTWO) closed at 5.16% on Wednesday, the highest since July 2007.

Portfolio Pulse from Piero Cingari

September 20, 2023 | 9:10 pm

SBRA

Sabra Health Care REIT (NASDAQ:SBRA) has received one bullish rating and three indifferent ratings from analysts in the last quarter. The average 12-month price target for the stock, according to four analysts, is $13.62, with a high of $15.00 and a low of $12.50. This average price target has increased by 23.82% over the past month.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 9:00 pm

REG

In the last quarter, Regency Centers (NASDAQ:REG) received 2 bullish, 1 somewhat bullish, and 1 indifferent rating from analysts. The company's average 12-month price target is $70.5, a 1.4% decrease from the previous average price target of $71.50.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 9:00 pm

NCNO

In the last quarter, Ncino (NASDAQ:NCNO) has received mixed analyst ratings with 2 bullish, 2 somewhat bullish, 6 indifferent, and 1 somewhat bearish. The average 12-month price target for Ncino in the last 3 months is $31.0, an increase of 12.03% from the previous average price target of $27.67.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 9:00 pm

ATSG

Air Transport Services Gr (NASDAQ:ATSG) has received various analyst ratings in the last quarter, with an average price target of $25.8, indicating potential upside from the current price of $21.03. The average price target has increased by 20.0% over the past month.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 9:00 pm

BBW

Analysts have provided bullish ratings for Build-A-Bear Workshop (NYSE:BBW) in the last quarter, with 3 bullish and 1 somewhat bullish ratings. The company has an average price target of $40.0, a decrease of 2.44% from the previous average price target of $41.00.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 9:00 pm

CTRE

CareTrust REIT (NYSE:CTRE) has received 4 bullish ratings from analysts in the last quarter, with an average price target of $23.25, indicating an upside from the current price of $20.49. The average price target has increased by 9.41% from the previous average of $21.25.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 9:00 pm

CTOS

Custom Truck One Source (CTOS) board has approved a stock repurchase program that authorizes the repurchase of up to $25M of shares, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 8:58 pm

ENVX

Enovix Corporation (NASDAQ:ENVX) announced the acquisition of Korean battery manufacturer Routejade. The deal, costing approximately 6.2 million shares of Enovix common stock and $16.5 million in cash, is expected to close in Q4 2023. The acquisition is expected to establish Enovix's presence in Korea, providing strategic proximity to key customers and suppliers. Enovix shares were up 1.12% in after-hours trading following the announcement.

Portfolio Pulse from Ryan Gustafson

September 20, 2023 | 8:51 pm

URI

A significant bearish stance has been taken on United Rentals (NYSE:URI) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 80% bearish and 20% bullish. The whales have been targeting a price range from $440.0 to $540.0 for United Rentals over the last 3 months. The price of URI is currently down -0.67% at $448.03.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 8:49 pm