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CON

Deutsche Bank analyst Justin Bowers initiated coverage on Concentra Group Holdings Parent, Inc. (NYSE:CON) with a Buy rating and a $29 price target. The stock is expected to achieve a 20-30% IRR over the next 2-3 years due to its high-quality business model, strong management, and growth potential.

Portfolio Pulse from Lekha Gupta

August 19, 2024 | 6:28 pm

BVNRY

DEEP

FDM

GERM

QQQS

SFLO

SIGA

A new mpox variant, Clade I, is causing global concern, with increased screening in Europe and China. The variant is more severe and transmissible, prompting vaccine and drug developments. Bavarian Nordic and SIGA Technologies are key players in the vaccine and treatment landscape.

Portfolio Pulse from Michael Juliano

August 19, 2024 | 6:26 pm

NVDA

Nvidia shares rise as Goldman Sachs maintains a Buy rating and a $135 price target. The company is set to report Q2 earnings next week.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 6:24 pm

SOFI

SoFi Technologies, Inc. (NASDAQ:SOFI) shares rose on Monday with a trading volume of 22.823 million, below the 100-day average. The stock is trading near the upper end of its 52-week range, and recent options trading shows a bullish sentiment. Soros Fund Management added 300,000 shares of SoFi in Q2 2024.

Portfolio Pulse from Vaishali Prayag

August 19, 2024 | 6:19 pm

DELL

Dell Technologies has seen a surge in options activity, with a mix of bullish and bearish sentiment among large investors. The options trades suggest a price range of $65 to $165 for Dell in the coming months. Analysts have mixed ratings, with price targets ranging from $97 to $160.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:15 pm

DKNG

FLUT

DraftKings and Flutter Entertainment are seen as a duopoly in the U.S. sports betting market. Analyst Bernie McTernan maintains a Buy rating on DraftKings with a $60 price target, highlighting debates on EBITDA targets, tax surcharges, and competition. DraftKings faces challenges with lower hold rates compared to Flutter's FanDuel and higher state taxes. However, its technology stack and national marketing could help scale margins.

Portfolio Pulse from Chris Katje

August 19, 2024 | 6:06 pm

SNOW

Snowflake, Inc. (NYSE:SNOW) is set to release its Q2 2024 earnings on Wednesday. Analysts expect earnings per share of 16 cents and revenue of $851.16 million. Recently, Berkshire Hathaway sold its 6.1 million shares in Snowflake, impacting the stock. Multiple analysts have adjusted their price targets, with some lowering them significantly.

Portfolio Pulse from Dylan Berman

August 19, 2024 | 6:03 pm

PFG

Analysts have mixed ratings for Principal Financial Group (NASDAQ:PFG), with a recent increase in the average 12-month price target to $85.4. The company's financial performance shows strong revenue growth but challenges in profitability and returns. Analysts' actions include both raising and lowering price targets, reflecting varied expectations.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:01 pm

PRG

Four analysts have recently evaluated PROG Holdings (NYSE:PRG), with ratings ranging from bullish to indifferent. The average 12-month price target has increased by 18.12% to $47.25. Analysts have raised their ratings and price targets, reflecting positive sentiment. Despite challenges in revenue growth and net margin, PROG Holdings shows strong ROE and ROA, and maintains a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:01 pm

CRBG

Corebridge Financial (NYSE:CRBG) has been the subject of recent analyst evaluations, with a mix of bullish and bearish sentiments. Analysts have set a 12-month average price target of $34.71, reflecting a 6.11% increase from the previous target. Despite a decline in revenue growth, Corebridge Financial shows strong profitability and effective cost management.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:01 pm