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WSBF

Waterstone Financial (NASDAQ:WSBF) has announced a quarterly dividend of 15 cents per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday, which means it will likely open 15 cents lower. The dividend is scheduled to be paid on February 01, 2024.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 2:45 pm

Boeing Co (NASDAQ:BA) stock is trading lower after being removed from Goldman Sachs' Conviction List. Goldman Sachs also cut Bath & Body Works, Shift4 Payments, and AIG from the list, adding Parker Hannifan and Textron instead. The specific reason for Boeing's removal was not provided, but it could be due to a variety of factors such as lack of analyst conviction, price realization, played out catalysts, or better investment opportunities elsewhere. Despite the removal, Boeing still has 23 positive analyst ratings and an average price target of $218.63. Boeing's stock price was down 1.41% at $257.01 at the time of the article's publication.

Portfolio Pulse from Adam Eckert

January 02, 2024 | 2:45 pm

HUBS

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on HubSpot (NYSE:HUBS) and increased the price target from $610 to $630.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:44 pm

CPHC

DDS

DXLG

TOL

WEYS

The article provides an overview of notable value stocks in the consumer cyclical sector, highlighting companies with low price-to-earnings (P/E) multiples, suggesting potential undervaluation. Weyco Group (WEYS), Toll Brothers (TOL), Destination XL Group (DXLG), Dillard's (DDS), and Canterbury Park Holding (CPHC) are identified as value stocks with their respective P/E ratios and recent earnings per share (EPS) performance. The article also notes dividend yield changes for some of these companies.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 2:42 pm

FRSH

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Freshworks (NASDAQ:FRSH) and increased the price target from $24 to $28. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:41 pm

AFM

BTO

OGC

ORA

The article highlights four mining stocks to watch in 2024 due to favorable sector trends: Aura Minerals, OceanaGold, Alphamin Resources, and B2Gold. Aura Minerals has shown strong revenue growth and pays a 7.2% dividend. OceanaGold, despite recent setbacks, is focusing on debt repayment and operational efficiency, with a low P/E ratio and high net profit margin. Alphamin Resources, a significant tin producer, has robust financials and pays a 6.4% dividend. B2Gold faces permitting and political challenges but has no debt and pays a 5.1% dividend.

Portfolio Pulse from Stjepan Kalinic

January 02, 2024 | 2:41 pm

META

RBLX

Meta Platforms, Inc. (NASDAQ:META) has permanently reduced the price of its Quest 2 VR headset following the launch of Quest 3. The 128GB model is now $249, down from $299, and the 256GB model is $299, down from $349. Prices for various Quest 2 accessories have also been lowered. This move comes after a previous price increase in July 2022 and a reversion to the original price in June. The price cut aims to make VR more accessible and boost sales, which have been affected by shoppers' reluctance to try on headsets in stores due to hygiene concerns. Meta's VR platform includes over 500 games, with Roblox Corp (NYSE:RBLX) available on the Quest via the Meta Quest Store. META shares were down 1.31% at $349.31 in the last check.

Portfolio Pulse from Anusuya Lahiri

January 02, 2024 | 2:41 pm

CXAI

DAKT

JKS

NOTE

VSH

The article lists five value stocks in the technology sector based on low P/E multiples, indicating potential undervaluation. Daktronics (DAKT), CXApp (CXAI), Vishay Intertechnology (VSH), JinkoSolar Holding Co (JKS), and FiscalNote Holdings (NOTE) are highlighted with their current P/E ratios and recent earnings per share (EPS) performance. Daktronics and Vishay Intertechnology reported increased dividend yields, while CXApp showed a significant EPS improvement from negative to positive. JinkoSolar and FiscalNote Holdings experienced a decrease in EPS.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 2:40 pm

LLAP

Terran Orbital Corp (NYSE:LLAP) shares rose by approximately 11% following the announcement of a milestone payment received from Rivada Space Networks and a pre-announcement of its year-end cash balance. The company expects to report over $70 million in cash and cash equivalents as of December 31, 2023, compared to $38.7 million as of September 30, 2023. Terran Orbital anticipates additional milestone payments in 2024 and aims to meet its delivery obligations under the Rivada Contract in 2025 and 2026.

Portfolio Pulse from Lekha Gupta

January 02, 2024 | 2:35 pm

ARM

DRI

ENFN

TBBK

Wall Street's most accurate analysts have made new stock picks for 2023. Sumeet Mody of Piper Sandler sees a 3% increase in Enfusion, Inc. (ENFN) with a price target of $10. Ross Seymore of Deutsche Bank predicts a 7% downside for Arm Holdings plc (ARM) despite raising the price target to $70. Brian Bittner of Oppenheimer forecasts a 13% upside for Darden Restaurants, Inc. (DRI) with a $185 price target. Frank Schiraldi of Piper Sandler expects a 27% surge in The Bancorp, Inc. (TBBK) with a new price target of $51. Aaron Rakers of Wells Fargo sees an 11% upside in Micron Technology, Inc. (MU) with a price target of $95.

Portfolio Pulse from Avi Kapoor

January 02, 2024 | 2:35 pm