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UHS

Analysts have varied opinions on Universal Health Services (NYSE:UHS) with recent ratings showing a mix of bullish, neutral, and bearish sentiments. The average 12-month price target has increased to $217.69, indicating positive expectations. UHS has shown strong financial performance with significant revenue growth and profitability metrics surpassing industry averages.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 4:00 pm

DHR

Danaher Corp (NYSE:DHR) is expected to have a gradual recovery in 2025, with high-single-digit growth in the long term, according to Stifel analyst Jacob Johnson. The company, now a pure-play life sciences tools company, has faced recent headwinds but is poised for a good year in bioprocessing.

Portfolio Pulse from Priya Nigam

October 01, 2024 | 3:58 pm

RTX

RTX Corporation shares are trading higher due to geopolitical tensions and new defense contracts. Reports of an imminent Iranian missile strike on Israel have increased U.S. military presence in the region. RTX's subsidiaries secured significant contracts, boosting investor confidence.

Portfolio Pulse from Vaishali Prayag

October 01, 2024 | 3:58 pm

TGT

WMT

XPO

ZIM

The East Coast dockworkers, represented by the International Longshoremen's Association, are on strike after their contract with the U.S. Maritime Alliance expired. The strike could impact logistics companies like ZIM Integrated Shipping Services, A P Moller Maersk, and XPO Inc, as well as retailers Walmart and Target, due to potential supply chain disruptions. The strike is expected to have a modest impact on the U.S. economy, with a potential GDP reduction of 0.5% if prolonged.

Portfolio Pulse from Hayden Buckfire

October 01, 2024 | 3:57 pm

APA

APA shares are trading higher following the company's announcement of a final investment decision for the first oil development in Block 58, offshore Suriname.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:55 pm

ZENA

ZenaTech shares were halted due to a circuit breaker, indicating significant volatility in the stock price. This could be due to a sudden price movement, either up or down, which triggered the halt to prevent excessive market fluctuations.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:53 pm

ZENA

ZenaTech shares have opened for trading at $10 per share, marking the company's entry into the public market.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:53 pm

CVS

HUM

UNH

CVS Health is exploring options, including a potential break-up to separate its retail and insurance units, amid investor pressure and financial challenges. The company is considering splitting its pharmacy chain and insurance business, which could result in two publicly traded companies. This move would reverse CVS's $70 billion acquisition of Aetna in 2017. CVS faces rising costs and a declining share price, underperforming the S&P 500. The company is also implementing a $1 billion cost-cutting plan.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:51 pm

PAYX

Paychex, Inc. reported a 3% year-over-year sales growth in Q1, with adjusted EPS beating estimates. Despite a slight margin decline, the company remains optimistic about small and medium business resilience. Paychex reiterated its fiscal 2025 guidance, expecting revenue growth of 4.0%-5.5%.

Portfolio Pulse from Anusuya Lahiri

October 01, 2024 | 3:50 pm

CMCSA

Wealthy investors are taking a bearish stance on Comcast (NASDAQ:CMCSA), as indicated by recent options trading activity. Benzinga's options scanner detected 8 trades, with a sentiment split of 0% bullish and 100% bearish. The trading volume for CMCSA is 3,605,206, with the stock price down by 0.78% at $41.45. The RSI indicators suggest the stock may be approaching overbought territory, and an earnings announcement is expected in 30 days.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 3:46 pm