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FTRE

Fortrea Holdings (NASDAQ:FTRE) has received mixed analyst ratings over the past three months, with a decline in average price targets. Analysts have lowered their ratings and price targets, reflecting concerns about the company's financial performance, including a revenue decline and below-average ROE and ROA. Despite these challenges, Fortrea maintains a strong net margin and a sound debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 5:00 pm

LASE

Laser Photonics shares were halted due to a circuit breaker as the stock surged by 81.5%.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:59 pm

SPY

Federal Reserve's Raphael Bostic stated that the current inflation rate is significantly above the 2% target. He expressed concerns that the economy's strength might hinder policy adjustments.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:57 pm

SPY

Federal Reserve's Bostic stated that the current monthly job creation is higher than necessary for population growth, indicating the economy is nearing the Fed's targets. This suggests a stable economic outlook.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:54 pm

PRCT

PROCEPT BioRobotics shares are trading higher following Piper Sandler's reiteration of an Overweight rating and a $75 price target.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:47 pm

BTCUSD

FTX's reorganization plan to repay creditors up to $16.5 billion has been approved, potentially injecting billions into the crypto market. This could have a bullish impact on Bitcoin, as analysts predict up to $2.4 billion could flow back into the market.

Portfolio Pulse from Ivan Crnogatić

October 08, 2024 | 4:46 pm

VKTX

Viking Therapeutics (NASDAQ:VKTX) has seen unusual options activity, with a mix of bullish and bearish sentiment among big-money investors. The options trades suggest a price target range of $35 to $75. The stock is currently trading at $67.46, up 7.06%, with an earnings announcement expected in 15 days. Analysts have mixed ratings, with price targets ranging from $80 to $138.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 4:46 pm

DELL

Dell Technologies has seen a surge in options trading, with a majority of trades being bullish. The options activity suggests a price range of $70 to $180, with a current stock price of $121.31. Analysts have mixed ratings, with price targets ranging from $120 to $135.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 4:46 pm

AVGO

Broadcom Inc. (NASDAQ:AVGO) has launched new 50G PON chips, BCM68660 and BCM55050, designed to enhance AI and ML capabilities at the edge for telecom operators. These chips aim to provide cost and power savings, enabling future-proof 50G fiber broadband networks. Broadcom will showcase its AI infrastructure solutions at the 2024 OCP Global Summit. Broadcom shares have risen over 30% in the past month, trading above the 50-day moving average.

Portfolio Pulse from Erica Kollmann

October 08, 2024 | 4:44 pm

TMUS

T-Mobile has launched '5G On Demand', a portable 5G private network solution that can be deployed in under 48 hours. This service aims to support data-intensive applications across various industries by providing low-latency, high-bandwidth connectivity. The solution has already been used in high-profile events and will be commercially available by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:43 pm