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VIAV

Susquehanna has reaffirmed its Positive rating on Viavi Solutions (NASDAQ:VIAV) and increased its price target from $12.00 to $14.00. Despite a slight 0.15% decrease in share price over the last 24 hours to $10.97, the new target suggests a potential 27.58% upside. Viavi Solutions is a global provider of network test, monitoring, and assurance solutions with a significant revenue stream from the United States.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:00 pm

CRWD

Citigroup has reaffirmed its Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased its price target from $320.00 to $425.00. CrowdStrike's shares have seen a slight increase of 0.13% in the last 24 hours, trading at $330.00. The new price target suggests a potential upside of 28.79%. CrowdStrike, a cloud-based cybersecurity firm, offers the Falcon platform for enterprise security. The company, founded in 2011 and public since 2019, focuses on endpoint, cloud workload, identity, and security operations.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:00 pm

TFC

Truist Financial Corp's (NYSE:TFC) short interest has decreased by 17.16% since the last report, with 14.70 million shares sold short, representing 1.11% of its float. The current short interest suggests a bullish sentiment among investors, as it takes approximately 1.38 days to cover short positions. Truist's short interest is below its peer group average of 3.77%, indicating less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:00 pm

IIPR

Craig-Hallum has maintained its Hold rating for Innovative Industrial Properties (IIPR) and increased its price target from $80.00 to $100.00. IIPR's shares are currently trading at $96.50, down 0.22% over the last 24 hours. The new price target suggests a potential upside of 3.63%. Innovative Industrial Properties is a REIT focused on properties leased to operators in the regulated medical-use cannabis industry.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:00 pm

GENK

GEN Restaurant Gr (NASDAQ:GENK) received mixed analyst ratings over the past three months, with a shift towards more bullish perspectives in the last 30 days. The average 12-month price target was adjusted to $12.2, down from $14.80, reflecting a 17.57% decline. Analysts from Craig-Hallum, Benchmark, and Roth MKM adjusted their price targets and maintained a 'Buy' rating, indicating a positive outlook despite the adjustments. GEN Restaurant Gr, known for its Korean BBQ and dining experience, has shown notable financial performance with a revenue growth rate of 7.41%, a net margin of 0.74%, and an ROE of 6.78%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:00 pm

ODD

Barclays has maintained its Equal-Weight rating on ODDITY Tech (NASDAQ:ODD) and increased its price target from $42.00 to $46.00. ODDITY Tech's shares have risen 2.15% in the last 24 hours to $44.75. The company operates a consumer tech platform aimed at transforming the global beauty and wellness market.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:00 pm

PDD

PDD Holdings (NYSE:PDD) has seen a decrease in short interest, with the short percent of float falling 11.78% since the last report, now at 3.52% of all shares available for trading. This indicates a potential shift in market sentiment towards a more bullish outlook for PDD, as short interest is a key indicator of market sentiment. The current short interest is below the peer group average of 8.32%, suggesting PDD Holdings is less bearishly viewed than its peers.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:00 pm

EXPE

Expedia Group's (NYSE:EXPE) short interest has increased by 7.55% since the last report, with 5.31 million shares sold short, representing 4.7% of its float. The current short interest suggests a bearish market sentiment towards EXPE, although it has less short interest compared to its peers' average of 5.56%. The article highlights the importance of tracking short interest as an indicator of market sentiment and discusses how an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:00 pm

VSCO

Victoria's Secret & Co (NYSE:VSCO) shares plummeted over 30% to $17.91 following a disappointing Q4 revenue report. Analysts from BMO Capital Markets, Telsey Advisory, and Morgan Stanley provided insights, noting a sluggish start to 2024, with expectations of a mid-single digit sales decline in Q1. Despite this, the company reported a slight year-on-year growth in Q4 sales and an earnings beat, driven by gross margin expansion.

Portfolio Pulse from Priya Nigam

March 07, 2024 | 4:59 pm

AEO

An executive from American Eagle Outfitters (AEO) stated during a conference call that the company is positioned to deliver double-digit total shareholder returns over the next three years.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:53 pm