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ALLY

Ally Financial's shares are declining following comments from the company's CFO about increasing credit challenges among borrowers, which were made at a recent conference.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:15 pm

ALLY

Ally Financial Inc. experienced a significant stock drop after CFO Russ Hutchinson highlighted worsening credit conditions among borrowers, particularly in the auto loan sector. The company may face underperformance due to consumer stress and a weakening employment picture.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:14 pm

CROX

BofA Securities analyst Christopher Nardone maintains a Buy rating on Crocs, Inc. (NASDAQ:CROX) with a price target of $179, citing strong international growth despite a slowdown in China. The analyst predicts modest growth in North America and raises 2024 earnings estimates slightly. The stock is seen as undervalued with potential for a higher P/E ratio.

Portfolio Pulse from Nabaparna Bhattacharya

September 10, 2024 | 4:12 pm

PLTR

Palantir's stock has surged following the announcement of its inclusion in the S&P 500 index. Peter Thiel, a major shareholder, plans to sell up to $1 billion of his Palantir shares.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:12 pm

WMT

Walmart Inc. (NYSE:WMT) is experiencing a potential breakout, which could lead to a new uptrend. Breakouts occur when a stock surpasses a resistance level, indicating a bullish trend. Walmart's resistance has been around $77.30, and surpassing this could lead to higher prices as sellers are cleared out.

Portfolio Pulse from Mark Putrino

September 10, 2024 | 4:07 pm

AILE

iLearningEngines shares rose following a response from the company's CEO to short seller statements.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:05 pm

BRX

In the past three months, 12 analysts have provided ratings for Brixmor Property Group (NYSE:BRX), with a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 10.21% to $28.38. Analysts have raised their price targets, reflecting a positive outlook despite the company's below-average financial metrics compared to industry peers.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 4:01 pm

DVN

Deep-pocketed investors are showing a bearish sentiment towards Devon Energy (NYSE:DVN) through significant options activity. The majority of these investors are betting on a price range between $35.0 and $57.5. Despite a recent price drop, analysts have mixed ratings with an average target price of $58.0.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 4:01 pm

OSCR

Oscar Health (NYSE:OSCR) has received recent analyst ratings, all of which are somewhat bullish. The average 12-month price target is $26.5, reflecting a slight increase from previous targets. Oscar Health has shown significant revenue growth but lags behind industry peers in net margin. The company demonstrates strong financial management with a high ROE and low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 4:00 pm

MA

Investors are showing significant interest in Mastercard options, with a mix of bullish and bearish trades. The options activity suggests a price range of $440 to $550 for Mastercard. Analysts have mixed ratings, with price targets ranging from $520 to $570.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 4:00 pm