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Stock Prices

NVDA

Analyst ratings for NVIDIA (NASDAQ:NVDA) show a mix of bullish to bearish sentiments among 22 analysts, with a notable upward trend in the 12-month price target to $653.77, reflecting a 9.23% increase from the previous target. Recent actions by analysts include various upgrades and maintenance of ratings, with price targets adjusted accordingly. NVIDIA's financial performance is highlighted by significant revenue growth, a high net margin, and strong ROE and ROA, indicating a robust market position and financial health.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:00 pm

RNSDF

STLA

Stellantis (NYSE:STLA) Chairman John Elkann refuted rumors of a potential merger with Renault (OTC:RNSDF), stating there are no plans for such a merger and emphasizing the focus on executing Stellantis's long-term business plan. This comes after speculation fueled by a report suggesting the French government was considering a merger between the two automakers. Meanwhile, Renault postponed the IPO of its EV and software arm, Ampere, planning to fund its development until 2025.

Portfolio Pulse from Benzinga Neuro

February 05, 2024 | 11:59 am

TKR

Timken Co forecasts a decrease in FY24 adjusted EPS to $5.80-$6.20 compared to an estimated $6.79, and anticipates a revenue decline of 2.5% to 4.5% year-over-year, against an estimated $4.7 billion.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:55 am

H

Evercore ISI Group analyst Duane Pfennigwerth downgraded Hyatt Hotels (NYSE:H) from Outperform to In-Line and set a price target of $135.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:55 am

EVBG

Trading for EVBG was halted at 6:55:00 a.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:55 am

EL

Estée Lauder anticipates Q3 reported net sales to grow by 3%-5%. Adjusted EPS is expected to range from a decrease of 18% to an increase of 3% on a constant currency basis. Projected diluted net earnings per share are between $.35 and $.46.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:54 am

TKR

Timken (NYSE:TKR) reported Q4 adjusted EPS of $1.37, surpassing the $1.22 estimate, and sales of $1.09B, exceeding the $1.06B estimate. This represents a year-over-year earnings increase of 2.24% and a sales increase of 0.83%.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:52 am

DIA

GLD

QQQ

SPY

USO

On February 2nd, U.S. stock markets closed higher, driven by strong earnings and a positive January jobs report. Asian markets were mixed, with Japan's Nikkei 225 up and China's Shanghai Composite down. European markets traded higher, while commodities like crude oil and gold fell. U.S. futures indicated a lower opening for the next session.

Portfolio Pulse from Akanksha Bakshi

February 05, 2024 | 11:51 am

CAPT

FLYX

JBHT

SAIA

XPO

Five industrials sector stocks are identified as overbought based on their RSI values, indicating potential short-term performance concerns. These include flyExclusive, Inc. (FLYX), Saia, Inc. (SAIA), Captivision Inc. (CAPT), XPO, Inc. (XPO), and J.B. Hunt Transport Services, Inc. (JBHT). Analyst ratings, financial results, and recent price actions are highlighted for each.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 11:49 am

ALGM

BZH

META

PANW

PNST

Wall Street's most accurate analysts have made new stock picks, highlighting potential upsides in stocks like Meta Platforms, Beazer Homes USA, Palo Alto Networks, Pinstripes Holdings, and Allegro MicroSystems. These picks come from analysts with high accuracy rates, ranging from 87% to 89%, and are based on recent financial results and market movements. Notably, Meta Platforms is expected to see an 11% surge, while Pinstripes Holdings could see a 60% upside.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 11:49 am