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FAST

Analyst reviews for Fastenal (NASDAQ:FAST) over the past three months show a mix of bullish and indifferent sentiments, with an average 12-month price target of $77.5, up 10.71% from the previous $70.00. Recent actions by analysts from Stifel and Baird include raising price targets, reflecting positive market conditions and company performance. Fastenal's financials indicate strong market position, revenue growth, and efficient cost management, despite challenges in ROE compared to industry averages.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 12:01 pm

CME

NDAQ

NYSE Group Equities Exchanges announced the revocation of self-help and resumed routing to the exchange listed below at 7:40 AM ET. This indicates a resolution of earlier issues that may have impacted trading activities.

Portfolio Pulse from Charles Gross

March 18, 2024 | 11:59 am

ABNB

ALTG

DRI

EXP

GEO

Wall Street's most accurate analysts have made new stock picks, with notable mentions including Darden Restaurants (DRI) with an 8% upside, The GEO Group (GEO) with a 14% upside, Eagle Materials (EXP) with a 16% upside, Airbnb (ABNB) with a 5% surge, and Alta Equipment Group (ALTG) with a 99% upside. These picks come from analysts with high accuracy rates, ranging from 85% to 88%, and are based on recent financial results and contracts.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 11:57 am

PNW

B of A Securities analyst Julien Dumoulin-Smith upgraded Pinnacle West Capital (PNW) from Neutral to Buy and increased the price target from $71 to $80.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:56 am

BHP

BHP Group Ltd (NYSE:BHP) has reduced its contractor workforce at the West Musgrave project in Western Australia by about a quarter, impacting around 100 individuals. This decision comes as BHP considers freezing its nickel division due to a significant decline in nickel prices. The company had previously announced a review of the mine's development timeline and flagged a $2.5 billion non-cash impairment charge related to the division. Despite the workforce reduction, BHP shares are trading higher by 0.79% at $56.11 in premarket trading.

Portfolio Pulse from Shivani Kumaresan

March 18, 2024 | 11:54 am

AJX

ATCH

TPVG

The article highlights the top 3 financial stocks considered oversold based on their Relative Strength Index (RSI) values, suggesting potential for growth. Great Ajax Corp. (AJX), TriplePoint Venture Growth BDC Corp. (TPVG), and AtlasClear Holdings, Inc. (ATCH) are identified as undervalued, having reported disappointing financial results or acquisitions but with RSI values indicating they may be oversold.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 11:52 am

FOUR

Shift4's shares are trading lower after the board concluded that potential bids did not reflect the company's true value. Despite receiving multiple offers above its current share price, the board believes none of these offers adequately valued the business or its future prospects.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:47 am

NIU

Niu Technologies reported a year-over-year decline in Q4 revenues, leading to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:44 am

TNGX

Tango Therapeutics (NASDAQ:TNGX) reported Q4 GAAP EPS of $(0.32), missing the $(0.28) estimate, and sales of $5.43M, missing the $8.24M estimate. This represents a 14.29% miss on EPS and a 34.09% miss on sales estimates, with a year-over-year decrease in sales by 15.29%.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:43 am

VERB

Verb Technology's shares are experiencing an uptick, likely due to the momentum from its recent announcement on Friday. The company revealed that its Market.live platform has integrated Facebook and Instagram social shopping technology. Additionally, Verb Technology announced the addition of 100 retail brands to its livestream social shopping platform, further expanding its offerings.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:41 am