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RENT

Rent The Runway shares are experiencing a decline, likely due to continued weakness following the company's Q2 financial results released yesterday.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 2:08 pm

GCO

Genesco shares declined after the company released its Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 2:07 pm

AVGO

Semiconductor, hardware, and AI-linked stocks are experiencing a decline, potentially influenced by Broadcom's earnings report.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 2:06 pm

BX

LBO

PSP

SMAR

Blackstone Inc. and Vista Equity Partners are reportedly in talks to acquire Smartsheet Inc., which has a market value of around $7 billion. Smartsheet recently reported strong earnings, surpassing estimates. Blackstone has been actively acquiring assets, including AirTrunk and a stake in the Burstone Group's PEL platform. BX and SMAR stocks have seen positive price action.

Portfolio Pulse from Lekha Gupta

September 06, 2024 | 2:05 pm

GLD

IWM

QQQ

SOXX

SPY

UUP

The August jobs report showed economic resilience, easing recession fears. The U.S. economy added 142,000 jobs, with unemployment at 4.2% and wage growth surpassing expectations. Market reactions included a mixed performance in ETFs and stocks, with small caps outperforming.

Portfolio Pulse from Piero Cingari

September 06, 2024 | 2:03 pm

HON

Over the past three months, analysts have shown a neutral stance on Honeywell Intl (NASDAQ:HON), with all five analysts rating it as indifferent. The average 12-month price target has increased by 5.04% to $214.8. Analysts have adjusted their ratings and price targets, reflecting their responses to market conditions and company performance. Honeywell's financial metrics, such as revenue growth and net margin, surpass industry averages, indicating strong market positioning.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 2:01 pm

SWK

Analysts have provided mixed ratings for Stanley Black & Decker (NYSE:SWK) over the past three months, with a recent average price target of $99.38, up from $87.86. The company's financial metrics, including revenue growth, net margin, ROE, and ROA, are below industry averages, indicating potential challenges. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 2:00 pm

IR

Ingersoll Rand (NYSE:IR) has been analyzed by 9 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target is $100.44, slightly up from $99.62. Recent analyst actions include rating adjustments and price target changes, reflecting varied market perceptions. Despite strong revenue growth, Ingersoll Rand faces challenges in profitability and financial performance metrics.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 2:00 pm

PENN

PENN Entertainment's short interest has decreased by 8.03%, with 16.49% of its float sold short. This is higher than its peers' average of 3.96%. The decrease in short interest may indicate a shift in market sentiment towards a more bullish outlook.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 2:00 pm

WMT

Walmart (NYSE:WMT) has delivered an average annual return of 11.76% over the past 10 years, outperforming the market by 1.13% annually. A $100 investment in Walmart 10 years ago would be worth $302.29 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 2:00 pm