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IONS

Ionis Pharmaceuticals (NASDAQ:IONS) has received mixed analyst ratings over the past three months, with a recent shift towards more bullish perspectives. The average 12-month price target has been raised to $64.67, reflecting a 3.13% increase from the previous target. Analyst actions include rating adjustments and price target changes, indicating a positive outlook on the company's performance and market position. Ionis Pharmaceuticals, known for its antisense technology and novel drugs, has shown significant revenue growth and efficient cost management despite challenges in market capitalization, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 3:01 pm

SHOP

Recent unusual options activity on Shopify (NYSE:SHOP) indicates a predominantly bearish sentiment among deep-pocketed investors, with a notable division as 18% are bullish and 81% are bearish. The activity includes 11 extraordinary options, with 4 puts and 7 calls, targeting a price range of $70.0 to $85.0. The volume and open interest for these options have been significant over the last 30 days. Analysts, including one from Baird, maintain an Outperform rating on Shopify with a target price of $87. The current market price of SHOP is $74.42, with the next earnings expected in 23 days.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 3:01 pm

JNJ

Johnson & Johnson (JNJ) is analyzed against its competitors in the Pharmaceuticals industry, showing mixed performance. While JNJ's PE, PB, and PS ratios suggest potential undervaluation, its low ROE, EBITDA, and gross profit indicate lower profitability and operational efficiency. However, JNJ's high revenue growth compared to industry peers highlights strong top-line performance. The company's lower debt-to-equity ratio suggests a stronger financial position relative to its top 4 peers.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 3:00 pm

DELL

Dell shares are trading lower due to a decline in tech and AI-related stocks, influenced by anticipation of Wednesday's CPI report.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 3:00 pm

LRCX

The analysis compares Lam Research (LRCX) with its competitors in the Semiconductors & Semiconductor Equipment industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. LRCX shows potential undervaluation based on its P/E ratio, strong financial performance with high ROE, EBITDA, and gross profit, but concerns arise from its significantly lower revenue growth compared to the industry average.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 3:00 pm

LULU

In the past three months, 25 analysts have reviewed Lululemon Athletica (NASDAQ:LULU), showing a mix of bullish to bearish sentiments. The average 12-month price target is now $484.6, down 7.89% from $526.10, with adjustments in ratings and price targets by several analysts. Lululemon's financial performance remains strong, with significant market capitalization, revenue growth of 15.63%, a net margin of 20.89%, ROE of 17.26%, ROA of 10.21%, and a low debt-to-equity ratio of 0.33.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 3:00 pm

AAPL

The analysis compares Apple (AAPL) with its competitors in the Technology Hardware, Storage & Peripherals industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Apple shows potential for growth with a lower P/E ratio than the industry average, but its high P/B and P/S ratios suggest a premium valuation. The company's strong ROE, EBITDA, and gross profit indicate robust profitability, though its revenue growth lags behind the industry average.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 3:00 pm

TONUSD

Toncoin (CRYPTO: TON) has seen a significant increase of 11.93% in its price over the last 24 hours, reaching $6.6. This uptrend extends over the past week with a 30.0% gain from $5.05. The coin's all-time high is $7.06. Its trading volume surged by 311.0% over the week, with the circulating supply also increasing by 0.39% to 3.47 billion, positioning TON's market cap at $22.70 billion, ranking it #10.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 3:00 pm

SMCI

Super Micro Computer shares are trading lower due to a general decline in tech stocks as investors await Wednesday's CPI report.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 2:59 pm

NSC

Norfolk Southern Corporation (NYSE:NSC) reported Q1 2024 adjusted earnings per share of $2.49, below estimates, with revenues of $3.004 billion. A significant $600 million settlement related to the East Palestine derailment class action lawsuit impacted finances, alongside $691 million in expenses from workforce cuts and other adjustments. Despite these challenges, the company sees momentum for improvement in the coming months, with operational efficiencies already showing positive results.

Portfolio Pulse from Akanksha Bakshi

April 09, 2024 | 2:56 pm