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CTV

Over the past three months, 5 analysts have shared their evaluations of Innovid (NYSE:CTV), revealing a range of outlooks from bullish to bearish. The average 12-month price target has increased by 14.63% to $2.82. Analysts have maintained or raised their ratings, with the highest price target set at $3.00. Innovid has shown a solid revenue growth rate of 20.51%, but struggles with profitability and returns on equity and assets.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:00 pm

IREN

Analysts have provided mixed ratings for Iris Energy (NASDAQ:IREN) over the past three months, with a majority being bullish. The average 12-month price target has increased to $10.06. Key analysts have adjusted their ratings and price targets, reflecting positive sentiment towards the company's financial performance and growth prospects.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:00 pm

SPY

Durable goods orders excluding defense remained flat in April, showing no change from the previous month.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:00 pm

HCA

HCA Healthcare (NYSE:HCA) has significantly outperformed the market over the past 5 years, delivering an average annual return of 20.46%. An initial investment of $100 in HCA stock 5 years ago would now be worth $257.29, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:00 pm

AME

AMETEK (NYSE:AME) has significantly outperformed the market over the past 15 years, delivering an average annual return of 17.03%. A $100 investment in AME 15 years ago would be worth $1,068.22 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:00 pm

TMDX

In the past three months, 7 analysts have provided ratings for TransMedics Group (NASDAQ:TMDX), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 21.86% to $123.57. Analysts have raised their price targets, reflecting positive expectations for the company's future performance.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:00 pm

AMC

GME

SPY

Keith 'Roaring Kitty' Gill's recent social media activity has led to significant volatility in GameStop (GME) stock, with shares spiking over 64% in early trading. Gill's purported $116 million position in GME and 120,000 call options have fueled speculation about his potential to become a billionaire. AMC Entertainment Holdings (AMC) shares also spiked, possibly in anticipation of similar trading activity. The article also mentions the SPDR S&P 500 Trust (SPY) in the context of market performance comparisons.

Portfolio Pulse from David Pinsen

June 04, 2024 | 1:53 pm

APIE

AVIV

PARA

SONY

Sony Group Corp (NYSE:SONY) stock is trading higher due to the upcoming launch of a PlayStation VR2 PC adapter. Sony reported strong fiscal Q4 2023 results but noted a slowdown in PS5 sales. Paramount Global (NASDAQ:PARA) is considering a merger offer from Skydance. Investors can gain exposure to Sony via ETFs like Avantis International Large Cap Value ETF (NYSE:AVIV) and Trust For Professional Managers ActivePassive International Equity ETF (NYSE:APIE).

Portfolio Pulse from Anusuya Lahiri

June 04, 2024 | 1:52 pm

FERG

Ferguson Plc (NYSE:FERG) reported a 2.4% year-over-year increase in Q3 net sales to $7.308 billion, driven by volume improvements despite a 2% deflation. The company's adjusted gross margin expanded by 50 basis points to 30.5%, while adjusted operating margin remained flat at 9.2%. Adjusted EBITDA rose 2.4% to $722 million. Adjusted EPS increased by 5.5% to $2.32, in line with expectations. Ferguson declared a quarterly dividend of 79 cents per share. The company expects FY24 net sales to be flat year-over-year with an adjusted operating margin of 9.2% – 9.6%.

Portfolio Pulse from Nabaparna Bhattacharya

June 04, 2024 | 1:49 pm

MLGO

MicroAlgo shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:48 pm