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RCL

Susquehanna analyst Christopher Stathoulopoulos has maintained a Positive rating on Royal Caribbean Group (NYSE:RCL) and increased the price target from $120 to $150.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:50 pm

BA

Boeing's CFO announced during a conference call that the company will prioritize the 737 supply master schedule to prevent disruptions. As of the end of 2023, Boeing had approximately 200 Max planes in inventory and anticipates delivering most of them by 2024.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:49 pm

MARK

MSFT

Remark Holdings Inc (MARK) shares dropped after an initial surge due to a partnership with Microsoft (MSFT). The partnership involves Remark's AI business unit consuming $80 million of Microsoft Azure cloud services over five years. Microsoft will provide Remark with $2 million in Azure credits and about $700,000 in consulting and migration credits. Remark's CEO clarified that the deal's revenue projections could exceed $240 million, which would cover the cloud services consumption agreement. Despite the partnership, MARK shares fell by 40.9% to 73 cents after the details were released.

Portfolio Pulse from Adam Eckert

January 31, 2024 | 3:47 pm

COIN

Benzinga's options scanner revealed unusual options activity for Coinbase Global (NASDAQ:COIN), with a mix of bearish and bullish sentiment among big-money investors. Nine notable options trades were detected, with 2 puts totaling $166,341 and 7 calls totaling $289,672. The price target range based on volume and open interest is between $70 and $160. COIN's current market status shows a slight price decline with neutral RSI, and earnings are expected in 15 days. Analysts have mixed opinions, with price targets ranging from $60 to $180.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:45 pm

CP

Susquehanna analyst Bascome Majors has maintained a Neutral rating on Canadian Pacific Kansas (NYSE:CP) but has reduced the price target from $87 to $85.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:43 pm

INGN

Citron Research tweeted about 'game changing news' for Inogen (INGN), highlighting that Philips, a major player in the portable oxygen concentrator (POC) market, has unexpectedly exited the market. This could imply a significant opportunity for Inogen to capture additional market share.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:39 pm

WMT

Walmart Inc. (NYSE:WMT) announced plans to build or convert over 150 stores in the next five years and remodel 650 stores in the next 12 months, creating jobs and investing in communities. Additionally, Walmart will conduct a 3-for-1 stock split to make share purchasing more attainable for its associates. The stock split was approved by the board and aligns with the company's growth and future plans, aiming to encourage associate participation in stock ownership.

Portfolio Pulse from Nabaparna Bhattacharya

January 31, 2024 | 3:37 pm

BAC

Over the past 15 years, Bank of America (NYSE:BAC) has produced an average annual return of 14.05%, outperforming the market. A $1000 investment in BAC 15 years ago would be worth $7,396.81 today. The company's current market capitalization stands at $273.18 billion.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:36 pm

FBLG

Trading for the IPO security FBLG was halted but has now resumed as of 10:35 AM ET.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:35 pm

CTRE

RBC Capital analyst Michael Carroll has maintained an Outperform rating on CareTrust REIT (NYSE:CTRE) but has reduced the price target from $25 to $24.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:31 pm