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VLTO

Nine analysts have provided mixed ratings for Veralto (NYSE:VLTO) over the past quarter, with a majority being indifferent. The average 12-month price target has increased by 8.89% to $110.11. Analysts from firms like UBS, TD Cowen, Deutsche Bank, Goldman Sachs, RBC Capital, Stifel, and Baird have updated their ratings and price targets, reflecting their evolving perspectives on Veralto's market performance.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:01 pm

CAT

Caterpillar (NYSE:CAT) has outperformed the market over the past 15 years with an average annual return of 14.3%, surpassing the market by 2.41% annually. A $1000 investment in CAT 15 years ago would be worth $7,431.61 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:01 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) has significantly outperformed the market over the past decade, delivering an average annual return of 21.92%. A $100 investment in ORLY 10 years ago would now be worth $725.84, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:00 pm

DG

Over the past three months, 14 analysts have evaluated Dollar General (NYSE:DG), showing a range of sentiments from bullish to bearish. The average 12-month price target is $148.57, down 3.88% from the previous $154.57. Analysts have adjusted their ratings and price targets, reflecting their evolving outlooks on the company.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:00 pm

VALN

Valneva shares are trading higher following the release of their H1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 4:00 pm

IHS

IHS Holding shares are trading higher after the company reported better-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 3:58 pm

BTC

Bitcoin long-term holders have been accumulating in July, according to a report by Glassnode. The Accumulation Trend Score has reached its maximum value, indicating significant accumulation. Despite market turbulence, the spot price remains above the Active Investor Cost Basis, suggesting underlying strength. However, the Cumulative Volume Delta shows persistent sell-side pressure.

Portfolio Pulse from Murtuza Merchant

August 13, 2024 | 3:57 pm

FOUR

Shift4 Payments shares are trading higher following the announcement of a $1.1 billion senior note offering.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 3:56 pm

ACHR

Archer Aviation (NYSE: ACHR) and Future Flight Global (FFG) announced a memorandum of understanding for the planned purchase of up to 116 Midnight Aircraft worth up to $580 million. This agreement brings Archer's indicative order book to $6 billion. Despite this positive news, Archer shares are down more than 30% over the past month and are trading below the 50-day moving average of $3.95. Analysts have an average 1-year price target of $9.31 for Archer, with no bearish recommendations.

Portfolio Pulse from Erica Kollmann

August 13, 2024 | 3:54 pm

SONY

TTWO

A recent update on Sony's PlayStation Store has sparked speculation that Red Dead Redemption may be coming to PC. The listing, which was quickly corrected, mentioned the game being available on PC, leading to renewed interest. This follows a May 2024 datamine hinting at a possible PC port by Rockstar Games, a subsidiary of Take-Two Interactive Software. The potential PC version is expected to include enhancements but no multiplayer content.

Portfolio Pulse from Franca Quarneti

August 13, 2024 | 3:53 pm