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NFLX

Netflix Inc (NASDAQ:NFLX) has seen its stock rise by 100% over the past year, attributed to effective business strategies leading to revenue and margin expansion. JPMorgan analyst Doug Anmuth maintains an Overweight rating on NFLX with a $610 price target, citing potential for accelerated revenue growth and margin expansion in 2024. Key strategies include ramping up ad tier monetization, leveraging pricing power, and expanding into sports content, notably through a partnership for streaming the Jake Paul vs. Mike Tyson boxing match. These initiatives are expected to drive significant revenue growth and market expansion.

Portfolio Pulse from Surbhi Jain

March 18, 2024 | 6:40 pm

GOEV

SAIC

Science Applications International Corporation (SAIC) shares fell over 10% after reporting Q4 fiscal 2024 earnings below estimates, despite beating revenue consensus. Other stocks experienced significant movements, with Canoo Inc. (GOEV) surging 95% after its facility was approved as a Foreign Trade Zone, and various companies seeing gains due to positive developments or analyst upgrades. Conversely, several companies faced declines due to disappointing financial results, regulatory issues, or strategic decisions.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 6:37 pm

BNAI

Brand Engagement Network Inc. shares are trading higher following the company's Nasdaq debut, indicating a positive market reception.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 6:31 pm

TGT

Over the past 5 years, Target (NYSE:TGT) has outperformed the market with an annualized return of 16.33%, turning a $100 investment into $209.90. Target's market capitalization stands at $77.03 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 6:30 pm

MA

Mastercard (NYSE:MA) has significantly outperformed the market over the past 15 years, with an average annual return of 25.3%, turning a $100 investment into $2,944.66 today. The company's market capitalization stands at $447.45 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 6:30 pm

CHPT

ChargePoint Holdings (NYSE:CHPT) has seen a 5.36% increase in short interest since its last report, with 89.65 million shares sold short, representing 22.99% of its float. This is significantly higher than its peer group average of 8.34%. The rise in short interest suggests a bearish market sentiment towards CHPT, but it's important to note that an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 6:30 pm

SOFI

SoFi Technologies (NYSE:SOFI) has seen a 24.79% increase in its short percent of float since the last report, with 150.79 million shares sold short, representing 16.51% of its available trading shares. This indicates a bearish market sentiment, although it doesn't necessarily predict a near-term price fall. SoFi's short interest is significantly higher than its peer group average of 5.43%, suggesting more bearish sentiment towards SoFi compared to its peers.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 6:30 pm

MNDY

Monday.Com's (NYSE:MNDY) short interest has increased by 10.37% since the last report, with 1.59 million shares sold short, representing 6.28% of its float. This indicates a bearish market sentiment towards MNDY, although it doesn't necessarily predict a price drop. Compared to its peers, MNDY has a higher short interest percentage of 6.28% versus the peer group average of 3.87%.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 6:30 pm

NFLX

Loop Capital analyst Alan Gould maintains a Buy rating on Netflix (NASDAQ:NFLX) and raises the price target from $585 to $700, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 6:18 pm

CSCO

Recent analysis of options activity for Cisco Systems (NASDAQ:CSCO) reveals a bearish sentiment among big-money investors, with a notable split in sentiment (36% bullish, 63% bearish). The analysis, based on 19 uncommon options trades, indicates a predicted price range for CSCO between $42.5 and $55.0. The largest trades include both calls and puts, with a bearish sentiment on calls and neutral on puts. Cisco Systems, a leading networking equipment and software provider, is currently trading at $49.33, with potential signs of approaching overbought territory.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 6:16 pm