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ADI

Analog Devices (NASDAQ:ADI) has outperformed the market over the past 10 years by 4.21% on an annualized basis, producing an average annual return of 14.69%. If an investor had bought $100 of ADI stock 10 years ago, it would be worth $397.34 today.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 7:00 pm

MSCI

Over the past 3 months, 10 analysts have published their opinion on MSCI (NYSE:MSCI) stock. The majority of these analysts are somewhat bullish on the stock, with an average price target of $560.6, a decrease of 1.76% from the previous average price target of $570.67.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 7:00 pm

TMUS

VZ

Benchmark analyst Matthew Harrigan reiterated a Buy rating for T-Mobile US Inc (NASDAQ:TMUS) with a $200 price target. Harrigan sees T-Mobile as a relative haven if the current equity rally reverses. T-Mobile's customer momentum and long-term pricing are expected to benefit from a better network and superior value perception. The company is rolling out nationwide four-carrier aggregation for 5G, which should enhance its network capabilities. T-Mobile is also gaining traction in smaller and mid-sized markets, complementing its improved brand and network perception in urban areas.

Portfolio Pulse from Anusuya Lahiri

July 26, 2023 | 6:57 pm

BANC

PACW

Michael Burry's Scion Capital purchased 250,000 shares of PacWest Bancorp (PACW) during the regional banking crisis in Q1 2021. Despite the bank's share prices plummeting due to deposit outflows, Burry saw an opportunity. If he held onto the shares until the recent merger news with Banc of California Inc (BANC), he would have made a profit of about 15.21%. The merger aims to leverage market opportunities, expand the customer base, and enhance product offerings.

Portfolio Pulse from AJ Fabino

July 26, 2023 | 6:55 pm

CB

Chubb Limited (CB) shares are trading higher following the company's Q2 results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 6:55 pm

VTNR

Oppenheimer analyst Noah Kaye has downgraded Vertex Energy, Inc (NASDAQ:VTNR) to Perform from Outperform due to an uncertain forecast and challenging commodity environment. Kaye has lowered FY23-24 revenue estimates and reduced FY23 sales/EPS estimates to $2.7 billion/$0.80, from $2.8 billion/ $1.41. For FY24, sales/EPS estimates have been lowered to $3.3 billion/$0.49 from $3.8 billion/$0.99.

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2023 | 6:53 pm

BANC

PACW

Banc of California and PacWest have announced a merger agreement, leading to a rise in the shares of community and regional bank stocks.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 6:52 pm

WPRT

H.C. Wainwright analyst Amit Dayal has reiterated a Buy rating on Westport Fuel Systems Inc (NASDAQ:WPRT), raising the price target to $30 from $7. This is due to the completion of the consolidation of its common shares and the signing of a non-binding letter of intent to establish a joint venture for the commercialization of the company's HPDI fuel system technology. The analyst projects the company's revenues to increase from $329.2 million in 2023 to $1.6 billion in 2033 at a ten-year CAGR of approximately 16.9%.

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2023 | 6:51 pm

SPY

Federal Reserve Chairman Jerome Powell has stated that core inflation remains high, necessitating the maintenance of restrictive monetary policy. He also indicated that the Fed is prepared to raise rates further if deemed appropriate.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 6:51 pm

SPY

Federal Reserve Chair Jerome Powell has stated that the worst outcome would be to not deal with inflation, according to Reuters. This statement could potentially impact the overall market, including the SPDR S&P 500 ETF (SPY).

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 6:50 pm