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CTAS

Cintas Corporation (NASDAQ:CTAS) reported strong Q1 earnings, beating analyst expectations with EPS of $1.10 and sales of $2.50 billion. The company also raised its FY25 revenue and EPS guidance, reflecting positive margin growth and a recent stock split.

Portfolio Pulse from Nabaparna Bhattacharya

September 25, 2024 | 2:26 pm

RIVN

Rivian Automotive's stock is experiencing a decline following a downgrade by Morgan Stanley from Overweight to Equal-Weight, along with a reduction in its price target from $16 to $13.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:20 pm

MGA

Magna International's stock is trading lower following a downgrade by Morgan Stanley from Overweight to Equal-Weight, with a price target reduction from $55 to $43.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:19 pm

AMZN

GOOGL

Google has rehired AI pioneer Noam Shazeer, paying $2.7 billion to license Character.AI's technology. Shazeer will lead AI efforts at Google, focusing on the Gemini project. This move is expected to enhance Google's AI capabilities, with analysts predicting significant growth in the coming years.

Portfolio Pulse from Anusuya Lahiri

September 25, 2024 | 2:18 pm

MEDP

Medpace shares declined following a downgrade by Jefferies from Buy to Hold, with a reduced price target from $415 to $345.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:18 pm

RKLB

An option alert for Rocket Lab USA indicates a sweep of 44 call options for October 18 with a strike price of $9, traded near the ask price at $0.5. This is against an open interest of 3216. Rocket Lab's earnings are expected on November 6 after the market closes.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:17 pm

GPN

Global Payments shares are experiencing a decline following downgrades and reduced price targets from multiple firms.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:15 pm

ADI

Analog Devices Inc. (NASDAQ:ADI) shares are trading at $226.05, with a recent 0.56% drop. Despite short-term volatility, the stock has risen 28.14% over the past year. ADI's P/E ratio of 68.48 is higher than the industry average of 66.88, suggesting potential overvaluation or expected future performance. Investors should consider the P/E ratio alongside other metrics for a comprehensive analysis.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:15 pm

HPE

NVDA

PRGS

Several US-listed stocks saw significant gains on Wednesday, with Hewlett Packard Enterprise (HPE) rising 5.5% after a Barclays upgrade. Progress Software (PRGS) and Nvidia (NVDA) also saw notable increases due to positive analyst actions and strategic moves.

Portfolio Pulse from Avi Kapoor

September 25, 2024 | 2:13 pm

EC

Ecopetrol's stock is experiencing a decline following a downgrade by JP Morgan from Neutral to Underweight, with a reduced price target from $12 to $8.5.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:11 pm