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VST

Vistra (NYSE:VST) has significantly outperformed the market with an average annual return of 23.7% over the past 5 years, turning a $100 investment into $286.63 today. The company's market capitalization stands at $24.71 billion.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 6:30 pm

TXT

Over the past 15 years, Textron (NYSE:TXT) has delivered an average annual return of 13.83%, outperforming the market. A $1000 investment in TXT 15 years ago would now be worth $10,386.39. Textron's market capitalization currently stands at $18.11 billion.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 6:30 pm

ABIO

AYI

CASA

KTRA

SINT

VIEW

VNDA

U.S. stocks traded higher with the NASDAQ gaining 75 points. Acuity Brands reported better-than-expected earnings, while Kintara Therapeutics and ARCA biopharma announced merger agreements. Vanda Pharmaceuticals received FDA approval for Fanapt. Casa Systems and View, Inc. filed for Chapter 11 bankruptcy, and Sintx Technologies announced a public offering.

Portfolio Pulse from Avi Kapoor

April 03, 2024 | 6:30 pm

NYCB

Shares of New York Community Bancorp (NYCB) experienced an uptick following comments made by investor David Einhorn on CNBC, where he discussed the stock positively.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 6:28 pm

SEE

Sealed Air Corporation (SEE) shares have declined due to negative comments from a short seller at an investment conference.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 6:26 pm

TCON

TRACON Pharmaceuticals' shares dropped following an update on its ENVASARC Phase 2 pivotal trial, indicating potential concerns or unmet expectations.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 6:23 pm

PP

TSLA

VCR

Analysts from Truist Securities and HSBC have adjusted their financial forecasts for Tesla Inc (TSLA), citing lower than expected Q1 2024 deliveries and concerns over AI technology expectations. Truist Securities lowered their price target from $193 to $176, while HSBC reduced theirs from $143 to $138. Both analysts highlighted issues such as production challenges, aggressive pricing, and uncertainties in Tesla's AI and other pre-revenue ventures. Tesla's stock has lost 14% in value over the last 12 months. Investors can also gain exposure to Tesla through Tidal ETF Trust II The Meet Kevin Pricing Power ETF (PP) and Vanguard Consumer Discretion ETF (VCR).

Portfolio Pulse from Anusuya Lahiri

April 03, 2024 | 6:19 pm

ANET

Investors have shown a significant interest in Arista Networks (NYSE:ANET) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 32 unusual trades, indicating a focus on a price range between $250 and $450 for ANET. The trading activity includes both calls and puts, with a notable volume and open interest in specific strike prices. Arista Networks, a provider of networking equipment, has seen its stock price slightly decrease by 0.2% to $290.27. Analysts from Goldman Sachs and Evercore ISI Group have issued positive ratings with target prices of $356 and $300, respectively.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 6:16 pm

ETN

Options market analysis reveals a mixed sentiment towards Eaton Corp (NYSE:ETN), with a nearly even split between bullish and bearish trades. The options activity suggests a price target range of $260 to $400. The largest trades indicate a bullish outlook, despite a slight bearish sentiment in call sweeps. Eaton Corp, a diversified power management company, shows a slight decrease in stock price to $313.95, with potential overbought indicators. Analysts maintain a positive outlook, with an average target price of $328.6, suggesting potential growth.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 6:16 pm

AMZN

BofA analyst Justin Post reiterated a Buy rating on Amazon (AMZN) with a $204 price target, highlighting the company's adaptation in its grocery strategy. Amazon plans to replace its Just Walk Out technology with Dash Carts in most Fresh locations due to customer feedback favoring real-time spending tracking. The company is also focusing on revamping store features and expanding automated fulfillment centers to enhance online grocery delivery efficiency. These changes are part of Amazon's ongoing efforts to refine its grocery offerings and strategy, with potential for increased investment in 2024.

Portfolio Pulse from Anusuya Lahiri

April 03, 2024 | 6:15 pm