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Stock Prices

ONON

On Holding shares experienced an increase in value following Piper Sandler's decision to maintain an Overweight rating on the stock, while also raising the price target from $37 to $39.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:14 pm

SAIA

Saia Inc.'s stock is experiencing an uptick following Benchmark's decision to maintain a Buy rating on the stock, while also increasing the price target from $575 to $625.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:13 pm

ELF

e.l.f Beauty shares are trading higher due to strength in discretionary stocks, with DA Davidson maintaining a Buy rating on the stock.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:08 pm

HTHT

H World Group Limited's shares are trading lower after experiencing a gain on Wednesday due to the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:05 pm

GPS

Gap Inc.'s stock is trading higher, potentially in response to strong Q4 earnings reported by its peer, Guess?. This suggests that investors might be optimistic about similar companies in the retail sector, including Gap.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:05 pm

AZN

At the Benzinga Virtual Healthcare Summit, Laura Chico, Ph.D., from Wedbush Equity Research, expressed optimism for the 2024 biotech IPO market, noting a significant uptick with six IPOs already performing well. Additionally, she highlighted an increase in M&A activity within the biotech sector, exemplified by AstraZeneca's acquisition of Fusion Pharma for $1.5 billion. Despite potential election year uncertainties, the biotech sector is expected to see robust activity in IPOs and M&A.

Portfolio Pulse from Abbey Higginbotham

March 21, 2024 | 7:04 pm

ACN

APYX

CURI

LU

MVLA

SPIR

YTEN

Accenture Plc (ACN) shares fell 9% after reporting Q2 fiscal 2024 results with sales of $15.80 billion, slightly missing the consensus of $15.84 billion. Adjusted EPS of $2.77 beat the consensus of $2.66. The company adjusted its fiscal 2024 EPS forecast to $11.97 - $12.20 from $11.97 - $12.32, against a consensus of $12.24, and expects revenue growth of 1% - 3%, down from the prior 2% - 5%. Other stocks mentioned include YTEN, CURI, LU, MVLA, APYX, and SPIR, with significant movements in their stock prices following various announcements.

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 7:03 pm

OLLI

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) reported Q4 FY23 earnings surpassing expectations but slightly missed sales forecasts. The company anticipates FY24 adjusted EPS of $3.10-$3.20 and sales of $2.248-$2.273 billion, both below consensus estimates. Following the announcement, OLLI shares rose by 4.9%. Analysts from JP Morgan, Goldman Sachs, Craig-Hallum, and Truist Securities adjusted their price targets on OLLI, with varying degrees of optimism.

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 7:03 pm

ARHS

Arhaus shares experienced an increase following the release of an investor presentation late Wednesday.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:02 pm

NECB

NorthEast Community Bancorp, Inc. (NECB) has increased its quarterly cash dividend from $0.06 to $0.10 per share, payable on May 6, 2024, to shareholders of record as of April 5, 2024. This move reflects the company's commitment to enhancing shareholder value.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:01 pm