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PLTR

Palantir Technologies Inc. (NYSE:PLTR) shares are trading higher after Argus Research initiated coverage with a Buy rating and a $29 price target. The analyst highlighted growth in both commercial and government segments, with a five-year average earnings growth rate forecast of 19%. The stock is trading above its 50-day moving average and is approaching its 52-week high.

Portfolio Pulse from Erica Kollmann

June 17, 2024 | 6:09 pm

AAPL

AMD

NVDA

TSM

TSMC is rumored to increase prices for its 3-nanometer semiconductor products by 5% and advanced packaging by up to 20% due to high demand. This move is expected to impact major customers like Apple, NVIDIA, and AMD, who rely heavily on TSMC's advanced packaging for their AI GPUs and accelerators.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 6:02 pm

REX

Analysts have provided mixed ratings for REX American Resources (NYSE:REX) over the past three months, with a majority being bullish. The average 12-month price target has increased to $64.5, reflecting a 2.79% rise from the previous target. Despite a recent revenue decline, the company shows strong profitability and efficient financial management.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:01 pm

ZETA

Analysts have provided diverse ratings for Zeta Global Holdings (NYSE:ZETA) over the past three months, with a majority being bullish. The average 12-month price target has increased to $19.37, reflecting a 24.97% rise from the previous target. Zeta Global has shown strong revenue growth but faces challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:01 pm

EQR

13 analysts have recently published ratings on Equity Residential (NYSE:EQR), showing a range of sentiments from bullish to indifferent. The average 12-month price target has increased to $68.85, with a high estimate of $75.00 and a low estimate of $62.00. Analysts have generally raised their price targets, reflecting positive sentiment towards the company's financial performance and market position.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:01 pm

FDX

Deep-pocketed investors have shown a bearish sentiment towards FedEx (NYSE:FDX) through significant options trading activities. Benzinga's options scanner highlighted 24 extraordinary options activities, with 50% of the sentiment being bearish. The price range eyed by these investors is between $230.0 and $310.0. FedEx's current stock price is $249.34, up by 1.18%, with an anticipated earnings release in 8 days. Analysts have mixed ratings, with price targets ranging from $275 to $333.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:01 pm

LEN

Whales have shown a bullish stance on Lennar (NYSE:LEN) with significant options trading activity. 42% of trades were bullish and 42% bearish, with a focus on a price range of $130 to $170. Lennar's stock is currently at $156.53, up 0.92%. An analyst from Wedbush downgraded the stock to Underperform with a target price of $144.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:01 pm

SCHW

Analysts have provided mixed ratings for Charles Schwab (NYSE:SCHW) over the past three months, with a blend of bullish and bearish perspectives. The average 12-month price target is $80.58, reflecting a 2.77% increase from the previous average. Despite a recent revenue decline, the company shows strong profitability and financial health.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:00 pm

PKG

Over the past three months, 5 analysts have evaluated Packaging Corp of America (NYSE:PKG), with a mix of bullish and neutral ratings. The average 12-month price target has increased to $192.6, with a high estimate of $208.00 and a low estimate of $181.00. Recent analyst actions include rating upgrades and price target adjustments, reflecting positive sentiment towards the company's market performance and financial health.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:00 pm

DKS

Dick's Sporting Goods (NYSE:DKS) has significantly outperformed the market over the past 5 years, with an average annual return of 46.19%. A $100 investment in DKS 5 years ago would now be worth $672.06.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:00 pm