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RDDT

Analysts have provided mixed reviews on Reddit (NYSE:RDDT) over the past three months, with a majority being bullish. The average 12-month price target has increased by 6.65% to $70.72. Reddit has shown strong revenue growth and efficient cost management, but faces challenges in asset utilization.

Portfolio Pulse from Benzinga Insights

September 18, 2024 | 12:00 pm

SHAK

Shake Shack (NYSE:SHAK) has been the subject of recent analyst evaluations, with 17 analysts providing ratings ranging from bullish to indifferent. The average 12-month price target is $112.06, slightly up from the previous $111.53. Analysts have maintained or adjusted their ratings and price targets, reflecting their views on Shake Shack's market position. Despite strong revenue growth, Shake Shack faces challenges with profitability and returns on equity and assets.

Portfolio Pulse from Benzinga Insights

September 18, 2024 | 12:00 pm

IEO

IYR

MU

On CNBC's 'Final Trades', experts discussed Micron Technology, iShares U.S. Real Estate ETF, and iShares U.S. Oil & Gas Exploration & Production ETF. Micron announced a new SSD, while analysts adjusted its price target. The ETFs were discussed in the context of interest rates and energy sector valuations.

Portfolio Pulse from Avi Kapoor

September 18, 2024 | 11:55 am

IAUX

i-80 Gold shares rose following the announcement of Richard Young as the new CEO.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 11:51 am

BRCC

CPSH

FLGC

The article highlights recent insider transactions in penny stocks, focusing on CPS Technologies, Flora Growth, and BRC Inc. Executives from these companies have made significant share purchases, indicating confidence in their respective companies' prospects.

Portfolio Pulse from Avi Kapoor

September 18, 2024 | 11:47 am

APLT

Applied Therapeutics shares rose after the FDA announced that an advisory committee meeting is no longer required for the company.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 11:42 am

CLVT

Clarivate Plc (NYSE:CLVT) has launched the Primo Research Assistant, a generative AI-powered library discovery solution, boosting academic integrity and discovery. This development has led to a premarket increase in CLVT shares.

Portfolio Pulse from Lekha Gupta

September 18, 2024 | 11:41 am

MSTR

Michael Saylor, Executive Chairman of MicroStrategy, remains bullish on Bitcoin, predicting it could reach $13 million by 2045. He emphasizes Bitcoin's potential as a store of value and expects more companies to allocate reserves to Bitcoin. MicroStrategy's stock has surged 964% since 2020, reflecting its Bitcoin strategy.

Portfolio Pulse from Khyathi Dalal

September 18, 2024 | 11:38 am

ELF

FAMI

The article highlights two oversold stocks in the consumer staples sector, Farmmi Inc (NASDAQ:FAMI) and e.l.f. Beauty Inc (NYSE:ELF), which present potential buying opportunities. Both stocks have experienced significant price declines and have RSI values indicating they are oversold.

Portfolio Pulse from Avi Kapoor

September 18, 2024 | 11:23 am

TGTX

TG Therapeutics presented updated data from the ENHANCE Phase 3b trial evaluating BRIUMVI (ublituximab-xiiy) in patients with relapsing forms of multiple sclerosis. This update could influence investor sentiment towards TG Therapeutics.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 11:21 am