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LLAP

LMT

Terran Orbital Corporation (NYSE:LLAP) shares plummeted after announcing a buyout deal with Lockheed Martin Corporation (NYSE:LMT) for $450 million. Lockheed Martin will acquire Terran Orbital for $0.25 per share in cash and retire its existing debt. The transaction includes a new $30 million working capital facility and is expected to close in Q4 2024. Terran Orbital will continue to operate as a commercial supplier post-acquisition.

Portfolio Pulse from Lekha Gupta

August 15, 2024 | 3:03 pm

INTC

Intel has seen unusual options activity with a significant bearish sentiment. Analysis of 14 trades revealed 64% bearish and 14% bullish tendencies. The major market movers are focusing on a price range between $16.0 and $24.0. Intel's stock is currently up 2.33% at $20.39, with RSI indicators suggesting it may be oversold.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:02 pm

WFC

Whales have shown a bullish stance on Wells Fargo (NYSE:WFC) with 55% of options trades being bullish. Significant options activity has been detected, with a focus on a price band between $40.0 and $62.5. The stock is currently trading at $54.9, up by 2.3%, with a neutral RSI. Analysts have a consensus target price of $68.0.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:02 pm

MGNX

Over the past three months, 8 analysts have shared their insights on Macrogenics (NASDAQ:MGNX), with opinions ranging from bullish to bearish. The average 12-month price target has dropped by 43.1% to $7.75. Recent analyst actions include several downgrades and lowered price targets, reflecting concerns about the company's financial performance, including a -17.81% decline in revenue growth and challenges in debt management.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:01 pm

BAC

Bank of America (NYSE:BAC) shares are trading higher by 1.8% to $39.48 following favorable economic data indicating a sharp rebound in U.S. retail sales and an improvement in the labor market. The U.S. Census Bureau reported a 1% month-over-month increase in retail sales for July, surpassing expectations. This growth benefits financial institutions like Bank of America through increased consumer borrowing, higher transaction volumes, and improved liquidity.

Portfolio Pulse from Henry Khederian

August 15, 2024 | 3:01 pm

NCMI

Over the past three months, four analysts have evaluated National CineMedia (NASDAQ:NCMI), with ratings ranging from bullish to somewhat bullish. The average 12-month price target has increased to $6.88, reflecting a 14.67% rise from the previous target. National CineMedia has shown significant revenue growth but faces challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:01 pm

JNJ

The article provides a comparative analysis of Johnson & Johnson (NYSE: JNJ) against its major competitors in the Pharmaceuticals industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are evaluated. JNJ shows potential undervaluation based on P/E, P/B, and P/S ratios but underperforms in ROE, EBITDA, gross profit, and revenue growth compared to industry averages.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:00 pm

X

Over the past three months, analysts have provided mixed evaluations of United States Steel (NYSE:X), with ratings ranging from bullish to bearish. The average 12-month price target is $44.75, slightly up from the previous $44.67. Key analysts have adjusted their ratings and price targets, reflecting their responses to recent developments. Despite a decline in revenue and below-average profitability metrics, the company's debt management remains strong.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:00 pm

LRCX

The article provides a comprehensive analysis of Lam Research (NASDAQ:LRCX) in comparison to its competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics, market position, and growth prospects are evaluated, highlighting Lam Research's strong financial performance, profitability, and growth potential.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:00 pm

BILL

In the past three months, 8 analysts have provided ratings for BILL Holdings (NYSE:BILL), with a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 10.71% to $76.12. Recent analyst actions include several downgrades and lowered price targets.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:00 pm