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LNC

Lincoln National (NYSE:LNC) has been analyzed by 9 analysts over the past three months, revealing a range of perspectives from bullish to bearish. The average 12-month price target has increased to $31.11, reflecting a 7.28% rise from the previous target. Analysts have adjusted their ratings and price targets based on recent developments, with notable actions including upgrades and downgrades from firms like Jefferies, Wells Fargo, and Piper Sandler. Lincoln National has shown positive revenue growth and strong net margins but faces challenges with its return on assets and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 1:00 pm

PLNH

Planet 13 Holdings (OTC:PLNH) has completed its acquisition of VidaCann, leading to a 56% increase in sales for Q1 2024. The company plans to expand its store network in Florida and anticipates significant revenue and EBITDA growth by 2026. Despite a recent 15% drop in stock price, analysts maintain an Overweight rating, citing undervaluation and future growth potential.

Portfolio Pulse from Nicolás Jose Rodriguez

May 22, 2024 | 1:00 pm

BMBL

MTCH

Bumble Inc (NASDAQ:BMBL) and Match Group Inc (NASDAQ:MTCH) are key players in the online dating market, each with distinct strategies. Bumble's recent app relaunch and acquisition of Geneva aim to enhance user experience and expand social connections. Match Group focuses on stabilizing Tinder's user trends and payers, with positive outlooks for Hinge. Both companies presented insights at the JPMorgan TMC Conference, highlighting their growth potential and strategic moves.

Portfolio Pulse from Surbhi Jain

May 22, 2024 | 12:58 pm

MGOL

MGO Global Inc. (NASDAQ:MGOL) shares are surging due to a significant increase in first-quarter revenues and gross profit, driven by the launch of its Stand Flagpole line. Despite reporting a small loss per share, the company has improved its cash position and discontinued operations on The Messi Store.

Portfolio Pulse from Nabaparna Bhattacharya

May 22, 2024 | 12:57 pm

LRE

Lead Real Estate Co., Ltd (NASDAQ:LRE) announced the sale of a 14-unit luxury condominium in Tokyo. The property, Excelsior Yoyogi Koenmae, is located in Shibuya and was completed on May 9, 2024. The seller and sale price were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:41 pm

TJX

TJX Companies Inc (NYSE:TJX) reported first-quarter FY25 earnings that exceeded expectations, with sales growth of 5.9% year-on-year to $12.479 billion and EPS of $0.93. The company saw a 3% increase in comparable store sales and improved gross profit margins. TJX plans to repurchase $2 billion – $2.5 billion in fiscal 2025 and expects FY25 EPS of $4.03-$4.09.

Portfolio Pulse from Shivani Kumaresan

May 22, 2024 | 12:41 pm

SBET

SharpLink Gaming reported Q1 revenues from continuing operations of $975,946, down from $1.23 million in the previous year. However, the company's EPS increased significantly to $3.36 from a loss of $(1.01).

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:36 pm

BDRX

Biodexa Pharmaceuticals PLC (NASDAQ: BDRX) announced $7 million in gross proceeds from the exercise of existing Series E and Series F warrants. The funds will cover the first year of the eRapa Phase 3 obligations and unlock additional non-dilutive grant funding.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:33 pm

AMZN

Amazon plans to upgrade its Alexa voice assistant with generative AI and introduce a monthly subscription fee. This move aims to make Alexa more competitive against advanced AI chatbots from companies like Google and OpenAI. The subscription will not be included in Amazon Prime. The overhaul comes amid internal pressure to justify the resources dedicated to Alexa and to keep up with AI advancements.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:26 pm

WBX

Wallbox has reported significant milestones six months after acquiring ABL. The company has integrated ABL's technology and expanded its market reach, which is expected to enhance its product offerings and drive growth.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:17 pm