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META

Mizuho analyst James Lee has reaffirmed a Buy rating on Meta Platforms (NASDAQ:META) and increased the price target from $400 to $470, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 4:43 pm

VICI

Mizuho analyst Vikram Malhorta has maintained a Buy rating on VICI Properties (NYSE:VICI) and increased the price target from $32 to $33, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 4:40 pm

ACRS

Aclaris Therapeutics Inc (NASDAQ:ACRS) reported mixed results from its Phase 2b study of ATI-1777 for atopic dermatitis. The study met its primary efficacy endpoint with statistical significance for the 2% twice-daily dosage compared to the vehicle. However, the once-daily dosage showed a trend toward significance but was not statistically superior. Post-hoc analysis indicated a significant reduction in EASI score for moderate to severe cases. The drug was well tolerated with minimal exposure levels and no significant safety issues. ACRS shares dropped 22.5% to $0.99 following the news.

Portfolio Pulse from Vandana Singh

January 10, 2024 | 4:39 pm

SRC

Mizuho analyst Vikram Malhorta has maintained a Neutral rating on Spirit Realty Capital (NYSE:SRC) and increased the price target from $41 to $45.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 4:34 pm

AMD

MU

NVDA

SMH

TSM

The Semiconductor Industry Association reported a 5.3% year-over-year increase in global semiconductor sales for November, reaching a total of $48 billion. This growth reflects the ongoing demand for semiconductor products across various industries.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 4:34 pm

O

Mizuho analyst Vikram Malhorta has reaffirmed a Buy rating on Realty Income (NYSE:O) and increased the price target from $58 to $60, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 4:33 pm

CRM

Salesforce (NYSE:CRM) has delivered an average annual return of 16.52% over the past 10 years, outperforming the market by 6.56% on an annualized basis. A $100 investment in CRM stock a decade ago would be worth $472 today. Salesforce's market cap stands at $255.24 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 4:30 pm

LMT

Over the past decade, Lockheed Martin (NYSE:LMT) has delivered an average annual return of 11.67%, outperforming the market by 1.71% on an annualized basis. A $1000 investment in LMT stock 10 years ago would now be worth $3,026.35. Lockheed Martin's current market capitalization stands at $113.32 billion.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 4:30 pm

PLTR

Shares of Palantir Technologies Inc. (NYSE:PLTR) are rising after CEO Alex Karp reported increased demand for new tools from Israel amid the conflict with Hamas. Karp, in Tel Aviv for Palantir's first board meeting there, met with Israel's President and families of hostages. Despite internal resistance, Karp reaffirmed support for Israel. PLTR shares are up 3.63% to $16.99.

Portfolio Pulse from Nabaparna Bhattacharya

January 10, 2024 | 4:18 pm

CRWD

Citigroup analyst Fatima Boolani has reaffirmed a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $275 to $320. This adjustment reflects a positive outlook on the company's stock, suggesting potential upside from the previous target.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 4:16 pm