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DAKT

Daktronics, Inc. (NASDAQ:DAKT) shares fell over 10% due to weaker-than-expected quarterly results, with earnings of 5 cents per share versus the estimated 13 cents and sales of $199.37 million against the expected $213.70 million. Other stocks experienced significant movements in Tuesday's mid-day session, with notable gainers including Meiwu Technology Company Limited (WNW), Volato Group, Inc. (SOAR), and Clearmind Medicine Inc. (CMND), among others. Losers included Replimune Group, Inc. (REPL), iBio, Inc. (IBIO), and Designer Brands Inc. (DBI), which all saw substantial declines in their share prices.

Portfolio Pulse from Lisa Levin

December 05, 2023 | 6:06 pm

FYBR

Frontier Communications Parent's stock is trading lower following a letter from JANA Partners urging the company's board to initiate a strategic review. JANA Partners believes that exploring strategic alternatives could enhance shareholder value and is pressing for immediate action.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 6:04 pm

H

Hyatt Hotels (NYSE:H) has received 6 analyst ratings in the last quarter, with 2 bullish, 3 somewhat bullish, and 1 indifferent. The average 12-month price target among these analysts is $134.17, with a high of $146.00 and a low of $115.00. This target has slightly decreased by 0.33% from the previous average of $134.62. Analyst ratings are based on information from company events, financial statements, and insider conversations, and they provide guidance on stock performance though they are subjective opinions.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

CLF

Over the past 3 months, 5 analysts have provided their ratings on Cleveland-Cliffs (NYSE:CLF), with an average price target of $20.39, which is higher than the current price of $17.7525. The ratings include 3 bullish, 1 somewhat bullish, and 1 bearish. The current average price target has increased by 1.39% from the previous target of $20.11.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

MA

Mastercard (NYSE:MA) has received 15 analyst ratings in the last quarter, with an average price target of $456.27, representing an upside from the current price of $407.08. The majority of analysts are bullish or somewhat bullish, with no bearish or somewhat bearish ratings. The current average price target has slightly decreased by 0.7% from the previous target of $459.50. Analyst ratings are based on information from company reports, financial statements, and insider conversations, and are intended to guide investors, though they are subjective opinions.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

FLYW

Flywire (NASDAQ:FLYW) has received 12 analyst ratings in the last quarter, with an average price target of $35.67, representing an upside from the current price of $23.59. The average price target has decreased by 6.13% from the previous target of $38.00. The ratings include 6 bullish, 5 somewhat bullish, and 1 indifferent, with no bearish ratings. Analysts typically review stocks quarterly or after major company updates, considering financial performance and market risks.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

HLT

Over the past 5 years, Hilton Worldwide Holdings (NYSE:HLT) has produced an average annual return of 18.12%, outperforming the market by 6.6% on an annualized basis. A $100 investment in HLT 5 years ago would be worth $229.39 today. Hilton has a market cap of $43.53 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

MRNS

Over the past 3 months, 5 Wall Street analysts have provided ratings for Marinus Pharma (NASDAQ:MRNS), with 3 being bullish and 2 somewhat bullish. There have been no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for MRNS is $25.6, with a high of $28.00 and a low of $21.00. This target has decreased by 1.54% from the previous target of $26.00. Analyst ratings are important as they provide investors with specialized advice on stock performance, though they may be subject to error.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

V

Visa (NYSE:V) has significantly outperformed the market with an average annual return of 21.68% over the past 15 years. A $1000 investment in Visa stock 15 years ago would be worth $18,858.96 today. Visa's current market capitalization stands at $518.22 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

ERIC

NOK

T

Nokia Corp (NYSE:NOK) stock is trading lower due to rival Ericsson (NASDAQ:ERIC) securing a major deal with AT&T Inc (NYSE:T) for Open RAN deployment. Ericsson's five-year deal involves manufacturing 5G equipment in Texas for AT&T's network, which aims to cover 70% of its U.S. wireless traffic with ORAN technology by late 2026. Nokia's Q3 FY23 results showed a 20% sales decline and an EPS below consensus, contributing to a 36% YTD stock value loss. NOK shares fell 4.43% to $3.02.

Portfolio Pulse from Anusuya Lahiri

December 05, 2023 | 6:00 pm