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IRDM

Iridium Communications Inc. has announced a $500 million share repurchase program, increasing the total authorization to $1.5 billion, with a targeted completion by December 2027.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:02 pm

TRGP

Analysts have shown a positive shift in sentiment towards Targa Resources (NYSE:TRGP) over the last quarter, with all 10 analysts providing bullish ratings. The average 12-month price target has increased by 10.86% to $147.2. Despite strong revenue growth and return on equity, Targa faces challenges with net margin and debt management.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:02 pm

JNJ

Analysts have provided mixed ratings for Johnson & Johnson (NYSE:JNJ) over the past three months, with a majority being somewhat bullish. The average 12-month price target has slightly decreased to $194.93. The company's financials show strong net margins and asset utilization, but challenges in ROE and revenue growth compared to peers.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:01 pm

RWT

Analysts have recently evaluated Redwood Trust (NYSE:RWT), with a mix of bullish and bearish perspectives. The average 12-month price target has increased by 8.64% to $7.92. Analysts have raised their ratings and price targets, reflecting positive sentiment. Redwood Trust has shown strong financial performance with a 52.16% revenue growth rate and a net margin of 21.71%, but its debt-to-equity ratio is notably high.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:01 pm

HTZ

Analysts have provided mixed ratings for Hertz Global Holdings (NASDAQ:HTZ) over the past three months, with a shift towards more bearish sentiments. The average 12-month price target has decreased by 22.17% to $4.67. Analysts have adjusted their ratings and price targets, reflecting concerns over Hertz's financial performance, including negative revenue trends and high debt levels.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:00 pm

TPB

Turning Point Brands shares rose after Roth MKM initiated coverage with a Buy rating and set a $50 price target.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:58 pm

ELVN

Enliven Therapeutics shares rose following the release of updated Phase1a data for their ELVN-001 treatment at the John Goldman Conference on CML.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:57 pm

AGX

Argan Inc. has announced a 25% increase in its quarterly cash dividend, raising it from $0.30 to $0.375 per share. This news has led to an increase in Argan's share price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:53 pm

JBHT

ODFL

UHAL

Rail and transportation stocks are experiencing a rise in share prices due to overall market strength following the Federal Reserve's rate cut.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:51 pm

WVE

Wave Life Sciences shares rose after B. Riley Securities initiated coverage with a Buy rating and set a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:49 pm