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JNJ

Johnson & Johnson (NYSE:JNJ) anticipates 5%-6% operational sales growth for FY24, with adjusted operational EPS growth of 7.3% at the midpoint ($10.55-$10.75). The guidance includes a $0.15 dilutive impact from the Laminar, Inc. acquisition. JNJ's Innovative Medicine business aims for over 20 novel therapies and 50 product expansions by 2030, forecasting 5%-7% sales growth from 2025-2030. The MedTech business expects one-third of sales from new products by 2027. Strong demand is expected for cancer treatments Darzalex and Carvykti, and psoriasis drug Stelara. JNJ's stock is down 0.25% to $158.49.

Portfolio Pulse from Nabaparna Bhattacharya

December 05, 2023 | 7:12 pm

ADAUSD

Cardano's (CRYPTO: ADA) price has increased by 4.59% in the last 24 hours, reaching $0.42, continuing a positive trend with a 7.0% gain over the past week. The trading volume has risen by 52.0%, while the circulating supply has decreased by 0.7%. Cardano's market cap is currently ranked #9 at $14.61 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 7:00 pm

CRSP

CRISPR Therapeutics (NASDAQ:CRSP) received 7 analyst ratings in the last quarter with an average price target of $72.71, representing an upside from the current price of $70.7. The average price target has increased by 17.27% from the previous target of $62.00. The ratings included 4 bullish, 1 somewhat bullish, 1 indifferent, and 1 somewhat bearish, with no bearish ratings.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 7:00 pm

AVAXUSD

Avalanche (AVAX) has seen a significant price increase of 9.27% in the last 24 hours, reaching $23.67. Over the past week, the price has risen by over 11%, from $20.65. The coin's all-time high is $144.96. Trading volume has increased by 24% over the past week, while the circulating supply has decreased by 1.71%, now at 365.22 million coins, approximately 50.73% of the max supply. AVAX's market cap is currently ranked #13 at $8.65 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 7:00 pm

CB

Chubb (NYSE:CB) has delivered an average annual return of 10.16% over the past 20 years, outperforming the market by 2.7% annually. A $100 investment in Chubb stock 20 years ago would be worth $698.06 today. Chubb's market capitalization currently stands at $93.17 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 7:00 pm

CSGP

Over the past 15 years, CoStar Group (NASDAQ:CSGP) has yielded an average annual return of 24.38%, outperforming the market. A $1000 investment in CSGP 15 years ago would be worth $27,074.95 today. CoStar Group currently holds a market cap of $34.08 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 7:00 pm

BTCUSD

Bitcoin (BTC) has seen a significant increase of 4.68% in the last 24 hours, reaching a price of $43,761.00. Over the past week, the cryptocurrency has risen over 14%, up from $38,028.62. Despite this growth, it remains below its all-time high of $69,045.00. Trading volume has surged by 44% in the past week, while the circulating supply has slightly decreased by 0.07%. Bitcoin currently holds the top market cap position at $855.03 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 7:00 pm

TTWO

The release of the Grand Theft Auto VI trailer before its scheduled time led to a post-market decline in Take-Two Interactive Software Inc's (NASDAQ:TTWO) shares by approximately 7%. Despite the drop, analysts remain bullish on TTWO's future, with Oppenheimer Analyst Martin Yang giving an Outperform rating and a price target of $170 based on a valuation model. Raymond James analyst Andrew Marok also maintained an Outperform rating, noting a slight delay in GTA VI's release to 2025 but maintaining a positive outlook on the game's potential success. The trailer has garnered significant attention, becoming the second most-viewed video game trailer on YouTube.

Portfolio Pulse from Franca Quarneti

December 05, 2023 | 6:50 pm

W

Traders are monitoring Wayfair shares after a note from Gordon Haskett indicated strong web traffic growth during the 'Cyber 5' period, suggesting potential upside to Wayfair's 4Q23 guidance and a path to sustainable growth.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 6:49 pm

TSLA

Tesla Inc. (NASDAQ:TSLA) has seen its stock rise over 10% in the past month, with a recent boost following the delivery event for its new Cybertruck. The event included product demonstrations and was live-streamed on Elon Musk's platform. Wedbush analyst Daniel Ives maintained an Outperform rating and a $310 price target for Tesla. The stock is trending on Yahoo Finance and WallStreetBets and is trading above its 50-day moving average but below its 52-week high.

Portfolio Pulse from Erica Kollmann

December 05, 2023 | 6:47 pm