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NSA

Evercore ISI Group analyst Steve Sakwa has downgraded National Storage (NYSE:NSA) from In-Line to Underperform, while also raising the price target from $32 to $35.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:32 pm

CRGE

DUO

GPAK

KRKR

SHEN

The article lists the top 5 oversold tech and telecom stocks with potential for growth in Q4, based on their low RSI values. Charge Enterprises (CRGE) reported increased revenue and gross profit but saw a 28% stock decline. 36Kr Holdings (KRKR) experienced a sales drop and a 7% stock decline. Fangdd Network (DUO) announced a board resignation and a 22% stock decline. Shenandoah Telecommunications (SHEN) posted positive results yet saw a 10% monthly stock decline. Gamer Pakistan (GPAK) announced a share repurchase program but faced a 27% monthly stock decline.

Portfolio Pulse from Avi Kapoor

December 11, 2023 | 12:32 pm

CUBE

Evercore ISI Group analyst Steve Sakwa downgraded CubeSmart (NYSE:CUBE) from Outperform to In-Line while raising the price target from $42 to $43.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:29 pm

CASY

HUM

LCID

ORCL

PINS

QQQ

SPY

U.S. stocks are expected to start the week with limited momentum as investors await the Federal Reserve's rate-setting meeting and the November inflation report. Last week, stocks saw gains, with the Nasdaq Composite, S&P 500 Index, Dow Industrials, and Russell 2000 all closing positively. Analysts suggest that a 'higher for longer' interest rate scenario may be preferable, as rate cuts often signal an approaching recession. Premarket trading saw slight declines in SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ). Stocks in focus include Humana (HUM) and Cigna (CI), which rose after canceling a proposed combination, with Cigna also announcing a stock buyback plan. Lucid Group (LCID) fell after being removed from the Nasdaq 100 Index, while Pinterest (PINS) rose on positive analyst action. Casey’s General Stores (CASY) and Oracle Corp. (ORCL) are set to report earnings.

Portfolio Pulse from Shanthi Rexaline

December 11, 2023 | 12:27 pm

ALGN

Goldman Sachs analyst Nathan Rice downgraded Align Technology (NASDAQ:ALGN) from Neutral to Sell and set a price target of $197.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:27 pm

CRSP

TD Cowen analyst Tyler Van Buren has downgraded CRISPR Therapeutics (CRSP) from Market Perform to Underperform and set a price target of $30.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:24 pm

VRTX

HC Wainwright & Co. analyst Andrew Fein has maintained a Buy rating on Vertex Pharmaceuticals (NASDAQ:VRTX) and increased the price target from $390 to $397.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:24 pm

NKE

Citigroup analyst Paul Lejuez has upgraded Nike (NYSE:NKE) from Neutral to Buy and increased the price target from $100 to $135, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:22 pm

DIS

HTLD

NXT

OLMA

Insiders at four companies, including Walt Disney (DIS), Heartland Express (HTLD), Nextracker (NXT), and Olema Pharmaceuticals (OLMA), have recently made significant stock purchases. These insider trades suggest confidence in the companies' prospects. Nextracker's CEO acquired shares after positive quarterly results, while Olema Pharmaceuticals' owner invested following interim clinical study results. Walt Disney's director purchased shares amid a new streaming integration, and Heartland Express' owner bought a substantial number of shares despite weak quarterly results.

Portfolio Pulse from Avi Kapoor

December 11, 2023 | 12:17 pm

TMO

Citigroup analyst Patrick Donnelly has reaffirmed a Buy rating on Thermo Fisher Scientific (NYSE:TMO) and increased the price target from $530 to $575, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:13 pm