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EPAM

18 analysts have recently updated their ratings and price targets for EPAM Systems (NYSE:EPAM), showing a mix of bullish and bearish perspectives. The average 12-month price target is now $326.67, up from $293.38, indicating a positive sentiment shift. Analyst actions include maintaining, raising, and lowering ratings, reflecting responses to market dynamics and EPAM's performance. Despite a challenging quarter with a revenue decline of -6.01% and below-average net margin and ROE, EPAM's strong ROA and low debt-to-equity ratio highlight its financial health.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 5:00 pm

DD

Analyst ratings for DuPont de Nemours (NYSE:DD) show a mix of bullish and bearish perspectives with 9 analysts providing ratings. The average 12-month price target is $76.33, a decrease from the prior average of $79.33. Analyst actions include both upgrades and downgrades, reflecting changing market conditions and company performance. DuPont, a global specialty chemicals company, faces challenges with a revenue decline of -6.64% and below-average ROE and ROA, despite a strong net margin and low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 5:00 pm

BA

DBC

NVDA

PCG

On CNBC's Halftime Report, analysts shared their final trades, highlighting The Boeing Company (BA), NVIDIA (NVDA), Pacific Gas & Electric Co. (PCG), and the Invesco DB Commodity Index Tracking Fund (DBC). These picks are seen as significant due to their potential market impact and the credibility of the analysts making the recommendations.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 5:00 pm

LULU

Lululemon Athletica Inc (NASDAQ:LULU) shares dropped after Q4 earnings, despite beating expectations, due to lower-than-expected 2024 guidance. Analysts from Truist Securities, JPMorgan, Wedbush, Goldman Sachs, BMO Capital Markets, Needham, Citi Research, and Telsey Advisory Group provided mixed reactions, adjusting their price targets and expressing concerns over slowing US trends and conservative outlooks. International growth, especially in China, remains strong, but North American growth is moderating. Analysts remain optimistic about product innovations and the company's ability to outperform guidance.

Portfolio Pulse from Priya Nigam

March 22, 2024 | 5:00 pm

MRNO

Murano Global Investments PLC (NASDAQ:MRNO) shares surged over 50% on Friday after a significant drop of 47% on Thursday. This volatility follows the announcement of Murano's business combination with HCM Acquisition Corp, leading to the start of trading under the ticker MRNO on Thursday. Murano, a real estate firm focusing on properties in Mexico, does not pay dividends but engages in other value-returning activities. Trading volume spiked, causing a temporary halt on Friday.

Portfolio Pulse from Erica Kollmann

March 22, 2024 | 4:54 pm

MRNO

Murano Global Investments' shares are experiencing increased trading activity and volatility after the company completed a business combination with HCM Acquisition Corp and made its debut on Nasdaq earlier this week.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 4:53 pm

FDX

FedEx Corp (NYSE:FDX) reported upbeat fiscal third-quarter earnings, leading to a rally in its shares. Analysts from BMO Capital Markets, Goldman Sachs, and Oppenheimer provided insights, with adjustments to price targets and ratings. The earnings beat was attributed to the Express division's performance, offsetting weaker results in Freight and Ground. Despite a decline in volumes, analysts remain hopeful for a recovery, especially in the Express division, due to cost reduction efforts and potential volume increases.

Portfolio Pulse from Priya Nigam

March 22, 2024 | 4:51 pm

HYMTF

Hyundai Motor Co., Ltd. (OTC:HYMTF) and Kia America have initiated a recall of 147,100 vehicles in the U.S. due to concerns with the Integrated Charging Control Unit (ICCU) that may stop charging the 12-volt battery, potentially leading to a loss of drive power and increasing crash risk. Hyundai is recalling 98,878 vehicles, including certain Ioniq and Genesis models, while Kia is recalling 48,232 vehicles, specifically certain EV6 models. This follows a September 2023 recall of over 3.3 million vehicles by both companies due to fire risks. HYMTF shares have fallen 5.76% to $56.51.

Portfolio Pulse from Lekha Gupta

March 22, 2024 | 4:48 pm

PLTR

Palantir Technologies (NYSE:PLTR) has seen a 12.6% decrease in short interest, now at 5.27% of float, indicating a potential shift in market sentiment towards the stock. With 102.42 million shares sold short and a 1.0-day average to cover, this change could signal a more bullish outlook compared to its peers, where the average short interest is 4.00%.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 4:45 pm

TGT

Target's (NYSE:TGT) short interest has decreased by 11.8%, now standing at 7.23 million shares or 1.57% of its float. This reduction suggests a more bullish sentiment among investors compared to its peers, where the average short interest is 4.48%. Short interest is a key indicator of market sentiment, and a decrease often signals increased investor confidence in the stock.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 4:45 pm