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HRB

Goldman Sachs has reaffirmed its Sell rating on H&R Block (NYSE:HRB) but increased its price target from $34.00 to $38.00. Despite this adjustment, H&R Block's shares have fallen by 3.93% in the last 24 hours to $45.48, indicating a potential further decline of 16.45% to reach the new target price. H&R Block, primarily operating in the U.S., Canada, and Australia, offers income tax return preparation services and digital tax solutions, with the majority of its revenue coming from U.S. assisted tax preparation fees.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:00 pm

INTU

Over the past 10 years, Intuit (NASDAQ:INTU) has significantly outperformed the market, with an average annual return of 24.4%, turning a $1000 investment into $9,036.18. Intuit's market capitalization currently stands at $177.84 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:00 pm

FRSH

JMP Securities has reaffirmed its Market Outperform rating for Freshworks (NASDAQ:FRSH), increasing its price target from $25.00 to $29.00. Freshworks' shares have risen 4.03% in the last 24 hours to $22.70. The new price target suggests a potential 27.75% increase from the current price. Freshworks provides a SaaS platform for SMBs to support customers across various channels and has expanded into Sales and Marketing automation products.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:00 pm

ADBE

Adobe (NASDAQ:ADBE) has outperformed the market with an average annual return of 18.77% over the past 5 years, turning a $1000 investment into $2,390.80 today. The company's market capitalization stands at $277.77 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:00 pm

CHKP

BMO Capital has maintained its Market Perform rating for Check Point Software (NASDAQ:CHKP) and increased its price target from $175.00 to $185.00. Despite a recent 1.06% decline in CHKP's share price to $160.73, the new price target suggests a potential 15.1% upside. Check Point Software, a leading cybersecurity vendor, generates around 50% of its revenue from Europe, the Middle East, and Africa, 40% from the Americas, and 10% from the Asia-Pacific region.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:00 pm

SEMR

Jefferies upgraded SEMrush Holdings (NYSE:SEMR) to Buy from its previous rating, with a new price target of $15.00, up from $9.00. SEMrush's shares have risen 6.24% in the last 24 hours to $11.91. The new price target suggests a potential 25.94% increase from the current share price. SEMrush provides an online visibility management SaaS platform, generating revenue primarily from the US, the UK, and other regions.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:00 pm

LIN

Wells Fargo has reaffirmed its Overweight rating on Linde (NASDAQ:LIN) and increased its price target from $470.00 to $480.00. Linde's shares have risen 0.63% in the last 24 hours to $418.18. The new price target suggests a potential 14.78% upside. Linde, the world's largest industrial gas supplier, reported $33 billion in revenue and $5.4 billion in GAAP operating profit for 2022.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:00 pm

SPY

Fed's Collins remarks on the economic risks coming into better balance, indicating a potential shift in monetary policy or economic outlook. This could influence investor sentiment and market trends, particularly affecting broad market indices like the S&P 500.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 4:59 pm

SLAB

Silicon Laboratories Inc (NASDAQ:SLAB) reported a Q4 FY23 sales decrease of 66.3% Y/Y to $86.85 million, surpassing consensus estimates. Despite a significant drop in sales and margins, the company's adjusted EPS loss was better than expected. SLAB anticipates a return to sequential revenue growth in Q1 with an expected revenue of $100 million to $110 million, also above consensus estimates. The stock soared by 12.70% following the announcement.

Portfolio Pulse from Anusuya Lahiri

February 07, 2024 | 4:57 pm

SPY

Fed's Kugler indicates that new rent measures suggest a slowdown in housing inflation, emphasizing that every meeting going forward is 'live' for potential policy adjustments.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 4:57 pm