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VLCN

Volcon shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 39.5%.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:07 pm

ISTR

Investar Holding Corporation (NASDAQ:ISTR) has rejoined the Russell 3000 Index, effective July 1st, as part of the 2024 Russell U.S. Indexes annual reconstitution.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:02 pm

NEP

NextEra Energy Partners (NEP) shares dropped significantly after RBC Capital Markets downgraded the stock from Outperform to Sector Perform and reduced the price target from $38 to $30. The downgrade is due to concerns about insufficient growth from wind repowering and looming $3.7B CEPF liabilities post-2026. Analyst Shelby Tucker suggests a potential dividend cut to manage these financial challenges.

Portfolio Pulse from Priya Nigam

July 01, 2024 | 4:02 pm

PSX

In the last three months, 13 analysts have published ratings on Phillips 66 (NYSE:PSX), with a range of perspectives from bullish to bearish. The average 12-month price target is $161.77, a slight decrease from the previous $162.85. Analysts have recently adjusted their ratings and price targets, reflecting their response to market conditions and company performance. Phillips 66 has shown strong financial metrics, including a net margin of 2.08% and a return on equity of 2.47%.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:00 pm

LSCC

Lattice Semiconductor (NASDAQ:LSCC) has significantly outperformed the market over the past 20 years, delivering an average annual return of 12.56%. A $1000 investment in LSCC 20 years ago would be worth $10,287.50 today. The company's current market capitalization is $7.98 billion.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:00 pm

CCI

Crown Castle (NYSE:CCI) has outperformed the market over the past 20 years with an average annual return of 9.8%. A $100 investment in CCI 20 years ago would be worth $639.91 today. The article highlights the impact of compounded returns on long-term investments.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:00 pm

OUST

In the last three months, 6 analysts have published ratings on Ouster (NYSE:OUST), with a mix of bullish, indifferent, and neutral perspectives. The average 12-month price target has increased to $13.17, reflecting a 19.73% rise from the previous target. Analysts have adjusted their ratings and price targets based on recent developments, with some maintaining neutral stances and others raising their targets.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:00 pm

IREN

Iris Energy shares are trading higher following a business update and the announcement that their 2024 expansion is fully funded.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 3:57 pm

BW

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) shares surged after selling its Denmark-based subsidiary for $87 million. The company plans to use the proceeds to reduce debt and increase liquidity. BW reiterated its full-year 2024 adjusted EBITDA outlook and highlighted a strong pipeline of opportunities.

Portfolio Pulse from Lekha Gupta

July 01, 2024 | 3:55 pm

GCI

Gannett Co Inc (NYSE:GCI) shares rose 2.60% on Monday following a bullish analyst report from JMP Securities. Analyst Matthew Condon initiated coverage with a Market Outperform rating and a $6 price target, citing several catalysts for digital revenue growth and margin expansion. Gannett's transition to digital media, new content strategy, and optimization of subscription pricing are expected to drive growth. The company aims for digital to comprise 50% of total revenue by 2025 and anticipates a 40% CAGR in free cash flows from 2023 to 2026.

Portfolio Pulse from Priya Nigam

July 01, 2024 | 3:52 pm