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INFA

Informatica (NYSE:INFA) has received mixed analyst ratings over the past three months, with a recent decrease in the average 12-month price target by 10.22%. Analysts have provided a range of price targets from $37.00 to $43.00, reflecting a shift in sentiment. Despite positive revenue growth, the company faces challenges with profitability, return on equity, and debt management.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 5:01 pm

SMBK

Analysts have provided mixed ratings for SmartFinancial (NYSE:SMBK) over the past three months, with a majority being somewhat bullish. The average 12-month price target has increased slightly to $25.8. Key analysts have adjusted their ratings and price targets, reflecting their evolving views on the company's performance. Despite a recent decline in revenue growth, SmartFinancial shows strong profitability, effective cost management, and sound financial structure.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 5:00 pm

SCHW

VNQ

XLE

The latest Trader Sentiment Survey from Charles Schwab reveals a decline in retail trader optimism towards the U.S. stock market in Q2 2024, with inflation concerns rising and expectations for Fed rate cuts moderating. Bullish sentiment is highest in the energy sector (XLE) and lowest in real estate (VNQ).

Portfolio Pulse from Piero Cingari

May 23, 2024 | 4:59 pm

NVDA

SNOW

SPRX

Snowflake, Inc (NYSE:SNOW) experienced volatility after its mixed Q1 earnings report, with revenue beating estimates but EPS missing. In contrast, NVIDIA Corporation (NASDAQ:NVDA) surged over 10% post-earnings. Snowflake's CEO hinted at increased collaboration with Nvidia. The Spear Alpha ETF (NASDAQ:SPRX), which holds significant positions in Snowflake, Nvidia, and AMD, is also highlighted as a diversified investment option.

Portfolio Pulse from Melanie Schaffer

May 23, 2024 | 4:59 pm

CLBT

IZRL

Cellebrite DI Ltd. (NASDAQ: CLBT) shares are up after reporting strong Q1 FY24 results, with revenue and adjusted EPS beating expectations. The company sees favorable customer budgets and reaffirms its outlook for the year. Investors can also gain exposure through ARK Israel Innovative Technology ETF (BATS: IZRL).

Portfolio Pulse from Lekha Gupta

May 23, 2024 | 4:58 pm

AZN

TNGX

Tango Therapeutics Inc. (NASDAQ:TNGX) has decided to discontinue its TNG348 program due to liver toxicity observed in patients. The company will now focus on its PRMT5 program and expects to provide updates on TNG908 and TNG462 later this year. Despite the setback, Tango's cash runway extends into 2027.

Portfolio Pulse from Vandana Singh

May 23, 2024 | 4:53 pm

MICS

The Singing Machine shares are trading lower after the company announced it authorized management to explore a range of corporate transactions.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:49 pm

KGRN

NIO

PGJ

NIO Inc. (NYSE:NIO) shares fell over 8% on Thursday, continuing a trend of losing over 45% in the past year. The company's founder, William Li, announced plans for European expansion despite potential EU tariffs on Chinese EVs. NIO opened a new showroom in Amsterdam and has 43 battery swap stations in Europe. Investors can gain exposure to NIO via KraneShares MSCI China Clean Technology Index ETF (NYSE:KGRN) and Invesco Golden Dragon China ETF (NASDAQ:PGJ).

Portfolio Pulse from Nabaparna Bhattacharya

May 23, 2024 | 4:49 pm

BOW

Bowhead Specialty (BOW) opened at $23 in its IPO, which was priced at $17.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:48 pm

NIO

XPEV

Shares of Chinese EV stocks are trading lower due to broader China market weakness, recent tariffs, and Tesla's new Shanghai Megafactory.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:48 pm