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SOFI

SoFi Technologies, Inc. (NASDAQ:SOFI) shares rose on Monday with a trading volume of 22.823 million, below the 100-day average. The stock is trading near the upper end of its 52-week range, and recent options trading shows a bullish sentiment. Soros Fund Management added 300,000 shares of SoFi in Q2 2024.

Portfolio Pulse from Vaishali Prayag

August 19, 2024 | 6:19 pm

DELL

Dell Technologies has seen a surge in options activity, with a mix of bullish and bearish sentiment among large investors. The options trades suggest a price range of $65 to $165 for Dell in the coming months. Analysts have mixed ratings, with price targets ranging from $97 to $160.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:15 pm

DKNG

FLUT

DraftKings and Flutter Entertainment are seen as a duopoly in the U.S. sports betting market. Analyst Bernie McTernan maintains a Buy rating on DraftKings with a $60 price target, highlighting debates on EBITDA targets, tax surcharges, and competition. DraftKings faces challenges with lower hold rates compared to Flutter's FanDuel and higher state taxes. However, its technology stack and national marketing could help scale margins.

Portfolio Pulse from Chris Katje

August 19, 2024 | 6:06 pm

SNOW

Snowflake, Inc. (NYSE:SNOW) is set to release its Q2 2024 earnings on Wednesday. Analysts expect earnings per share of 16 cents and revenue of $851.16 million. Recently, Berkshire Hathaway sold its 6.1 million shares in Snowflake, impacting the stock. Multiple analysts have adjusted their price targets, with some lowering them significantly.

Portfolio Pulse from Dylan Berman

August 19, 2024 | 6:03 pm

PFG

Analysts have mixed ratings for Principal Financial Group (NASDAQ:PFG), with a recent increase in the average 12-month price target to $85.4. The company's financial performance shows strong revenue growth but challenges in profitability and returns. Analysts' actions include both raising and lowering price targets, reflecting varied expectations.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:01 pm

PRG

Four analysts have recently evaluated PROG Holdings (NYSE:PRG), with ratings ranging from bullish to indifferent. The average 12-month price target has increased by 18.12% to $47.25. Analysts have raised their ratings and price targets, reflecting positive sentiment. Despite challenges in revenue growth and net margin, PROG Holdings shows strong ROE and ROA, and maintains a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:01 pm

CRBG

Corebridge Financial (NYSE:CRBG) has been the subject of recent analyst evaluations, with a mix of bullish and bearish sentiments. Analysts have set a 12-month average price target of $34.71, reflecting a 6.11% increase from the previous target. Despite a decline in revenue growth, Corebridge Financial shows strong profitability and effective cost management.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:01 pm

TDOC

Teladoc Health's short interest has decreased by 5.26%, with 25.39% of its shares sold short. This is higher than its peers' average of 5.48%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:00 pm

ZS

Zscaler (NASDAQ:ZS) received mixed analyst ratings, with a decrease in average 12-month price targets from $244.71 to $226.1. Analysts have varied opinions, with some maintaining or raising their ratings, while others have lowered their price targets. Zscaler's financials show strong revenue growth and net margin, but challenges in ROE and ROA.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:00 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has seen a decrease in its short interest by 8.44%, with 3.91 million shares sold short, representing 13.78% of its float. This is lower than the peer group average of 17.98%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:00 pm