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LH

Laboratory Corp shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:49 pm

TSCO

Tractor Supply Company (NASDAQ:TSCO) shares fell despite Q1 earnings per share of $1.83 beating estimates of $1.71 and revenues of $3.395 billion aligning with expectations. The decline was possibly due to the slower growth in comparable store sales, which increased by 1.1% compared to 2.1% in the previous year. The company also reiterated its FY24 outlook, expecting GAAP EPS of $9.85-10.50 and sales of $14.700 billion-15.100 billion.

Portfolio Pulse from Nabaparna Bhattacharya

April 25, 2024 | 2:49 pm

NXL

Nexalin Technology, Inc. (NXL) announced it has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the Nasdaq. CEO Mark White emphasized the company's commitment to revolutionizing mental health and neurological condition treatments through non-invasive technology and highlighted the importance of Nasdaq listing for investor exposure.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:49 pm

DOV

Dover shares surged following the announcement of its Q1 financial results, which exceeded expectations. The company also revised its FY24 guidance upwards.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:48 pm

VRT

Vertiv Holdings' shares surged following upgrades in price targets by multiple firms and a positive earnings report. The company exceeded Q1 expectations and uplifted its 2024 financial outlook.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:47 pm

AMD

Recent options trading trends for Advanced Micro Devices (NASDAQ:AMD) show a bearish sentiment among investors, with 58% of trades being bearish. The trading activity suggests a price range of $135.0 to $195.0 for AMD over the next three months. Significant options trades have been detected, with a mix of bearish, neutral, and bullish sentiments. AMD's stock is currently up by 0.43%, with an average analyst target price of $205.0. The company is known for its digital semiconductors used in various applications, including PCs, gaming consoles, and data centers.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 2:46 pm

WFC

Deep-pocketed investors have shown a bearish sentiment towards Wells Fargo (NYSE:WFC), with a significant move in options trading detected by Benzinga's options scanner. The activity includes 8 extraordinary options activities, with a mix of bullish and bearish sentiments, but with a heavier lean towards bearish (50%). The options trading suggests an expected price window for WFC between $25.0 to $62.5. The largest trades include both calls and puts with varying sentiments and strike prices, indicating a complex view on the stock's future movement. Wells Fargo's current stock price is down by -0.6%, with a trading volume of 3,190,470 and an RSI indicating it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 2:45 pm

UDR

UBS analyst Michael Goldsmith upgrades UDR, a real estate investment trust, from Neutral to Buy and increases the price target from $38 to $44.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:45 pm

LMT

Lockheed Martin Corp (NYSE:LMT) reported a 13.7% increase in Q1 net sales to $17.195 billion, with EPS of $6.33, slightly down from $6.43 YoY but above expectations. The stock shows signs of a bullish trend with a potential Golden Cross indicator. Analysts have a neutral rating but see a 10%+ upside, with a consensus target of $503.67.

Portfolio Pulse from Surbhi Jain

April 25, 2024 | 2:43 pm

MORN

Morningstar shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:41 pm