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MQ

Marqeta (NASDAQ:MQ) has been analyzed by 7 analysts, showing a mix of bullish to bearish sentiments. Recent ratings indicate a shift towards a more positive outlook, with an average 12-month price target of $7.93, up from $7.20. The company, known for its card-issuing platform, faces financial challenges with a -41.7% revenue decline and below-average profitability metrics. Despite this, analyst upgrades suggest optimism about Marqeta's future performance.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 6:01 pm

MVST

Janney Montgomery Scott analyst Sean Milligan downgraded Microvast Holdings (MVST) from Buy to Neutral and reduced the price target from $11 to $3.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 6:01 pm

TMUS

Recent options activity for T-Mobile US (NASDAQ:TMUS) indicates a mixed sentiment among big-money traders, with an equal split between bullish and bearish positions. The activity, involving 10 options trades, suggests a price target range of $120 to $160. Notably, the volume and open interest in TMUS options have shown significant fluctuations, with a focus on strike prices within this range. T-Mobile US, now the second-largest wireless carrier in the U.S., has seen its stock price slightly decrease by 0.82% to $161.34, with analysts setting an average price target of $184. The company is approaching its next earnings release in 23 days.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 6:01 pm

RIOT

Financial analysts have observed a bearish trend in options trading for Riot Platforms (NASDAQ:RIOT), with a significant portion of trades showing bearish sentiment despite a mix of bullish and bearish trades. The price target for RIOT is set between $2.0 and $35.0, based on recent trading volumes and open interest. The largest options trades indicate a mixed sentiment, with both bullish and bearish positions taken. Riot Platforms, a Bitcoin mining company, has seen its stock price decrease by 5.41% to $10.85, with analysts providing mixed reviews and price targets ranging from $15 to $20.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 6:00 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has significantly outperformed the market over the past 5 years, with an annualized return of 38.32%, turning a $1000 investment into $4,908.62. The company's market capitalization stands at $6.48 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 6:00 pm

AFG

Over the past 20 years, American Finl Gr (NYSE:AFG) has produced an average annual return of 9.94%, outperforming the market by 2.12% annually. With a current market capitalization of $11.28 billion, a $1000 investment in AFG 20 years ago would be worth $6,707.89 today. This showcases the impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 6:00 pm

WOOF

Recent analyst ratings for Petco Health and Wellness (NASDAQ:WOOF) show a diverse range of opinions, with a notable downward trend in price targets. The average 12-month price target is now $2.74, down 27.7% from the previous $3.79. Analysts from firms including B of A Securities, Wells Fargo, and UBS have lowered their price targets, reflecting concerns over the company's market position, revenue decline, and financial metrics such as net margin and debt management.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 6:00 pm

DOGEUSD

SHIBUSD

The 'Dogecoin Killer' Shiba Inu's burn rate has surged by 2,300%, with significant developments like Shibarium and token burns highlighted. Veteran crypto trader Altcoin Sherpa views Shiba Inu as high-frequency trading and advises patience, noting its potential to occasionally outperform Dogecoin despite a capped upside. The recent burn rate increase and a surge in large transaction volume indicate active interest, but the future price trajectory remains dependent on the broader cryptocurrency market.

Portfolio Pulse from Khyathi Dalal

April 02, 2024 | 5:59 pm

TM

Toyota Motor Corp (NYSE:TM) shares declined after the company reported a 21.8% year-over-year increase in U.S. sales for March 2024, with sales of electrified vehicles making up 36.4% of the total. Despite the positive sales data, shares dropped by 0.89% to $239.99. The company highlighted its diverse portfolio of 27 electrified vehicle options across the Toyota and Lexus brands and announced plans to launch over 20 new or refreshed vehicles, including hybrid versions of the Tacoma, Land Cruiser, and Camry.

Portfolio Pulse from Nabaparna Bhattacharya

April 02, 2024 | 5:57 pm

CHX

IEZ

OIH

PXJ

SLB

ChampionX Corp. (NASDAQ:CHX) shares rose after announcing an all-stock acquisition deal with Schlumberger Ltd. (NYSE:SLB), where ChampionX shareholders will receive 0.735 shares of Schlumberger for each ChampionX share, owning about 9% of Schlumberger post-deal. Schlumberger expects $400 million in annual pretax synergies within three years post-closure, aiming to close the transaction before 2024. Schlumberger plans to return $7 billion to shareholders over the next two years, with increased returns in 2024 and 2025. The deal aligns with Schlumberger's strategy to meet energy demand and accelerate decarbonization. Exposure to both companies can be gained through Invesco Oil & Gas Services ETF (NYSE:PXJ), VanEck Oil Services ETF (NYSE:OIH), and iShares U.S. Oil Equipment & Services ETF (NYSE:IEZ). CHX shares are up 8.45%, while SLB shares are down 2.68%.

Portfolio Pulse from Lekha Gupta

April 02, 2024 | 5:56 pm