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RIOT

Riot Platforms (NASDAQ:RIOT) has significantly outperformed the market with an average annual return of 58.94% over the past 5 years. An initial investment of $1000 in RIOT 5 years ago would now be worth $9,242.60. The company currently holds a market capitalization of $3.11 billion.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 6:00 pm

XOM

Over the past 3 months, 17 Wall Street analysts have provided ratings for Exxon Mobil (NYSE:XOM), with an average price target of $132.88, suggesting an upside from the current price of $99.01. The consensus among these analysts is positive, with 14 out of 17 leaning towards bullish (7 bullish, 7 somewhat bullish) and none bearish. The average price target has seen a slight increase of 0.99% over the past month.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 6:00 pm

SPGI

Over the past 10 years, S&P Global (NYSE:SPGI) has delivered an average annual return of 19.16%, outperforming the market. A $1000 investment in SPGI a decade ago would be worth $5,776.73 today. S&P Global currently has a market cap of $131.69 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 6:00 pm

BR

Broadridge Financial Solutions (NYSE:BR) has received 4 analyst ratings in the last quarter, with 3 being somewhat bullish, 1 indifferent, and none bearish. The average price target for BR is $203.0, representing an implied upside from the current price of $192.01. Over the past month, this price target has increased by 3.05%. Analyst ratings are periodic evaluations from financial experts who research company financials, attend meetings, and may communicate with insiders to provide investment guidance.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 6:00 pm

DPZ

BMO Capital analyst Andrew Strelzik has maintained an Outperform rating on Domino's Pizza (NYSE:DPZ) and increased the price target from $455 to $475.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 5:59 pm

RNLSY

RNSDF

VWAGY

Volkswagen AG (OTC:VWAGY) is in preliminary talks with Renault SA (OTC:RNSDF, OTC:RNLSY) to develop an affordable electric vehicle (EV) priced around €20,000. The discussions are at an early stage and may not result in a partnership. The goal is to produce 200,000-250,000 vehicles annually. Renault confirms ongoing talks for cooperation in the small-entry EV segment. European automakers are competing with lower-priced Chinese models, with the average EV price in Europe at over €65,000, compared to €31,000 in China. Renault launched a new electric Twingo model, and Volkswagen plans to launch an EV for about €25,000 by 2025. VWAGY shares are up 0.19% at $13.35.

Portfolio Pulse from Shivani Kumaresan

December 08, 2023 | 5:59 pm

CMTL

Comtech Telecommunications Corp. (CMTL) shares dropped over 16% due to weaker-than-expected quarterly earnings, reporting adjusted earnings of 24 cents per share against estimates of 26 cents. Sales were nearly in line with expectations at $151.91 million versus $151.87 million forecasted. The stock fell to $10.45. Other stocks moved in the session, with notable gainers including Intensity Therapeutics (INTS), MBIA Inc. (MBI), and ALX Oncology Holdings (ALXO), among others. Losers included Cyngn Inc. (CYN), African Agriculture Holdings (AAGR), and Golden Heaven Group Holdings (GDHG).

Portfolio Pulse from Avi Kapoor

December 08, 2023 | 5:58 pm

CURV

Torrid Holdings Inc. (NYSE:CURV) reported Q3 results with net sales of $275.4 million, surpassing the consensus of $245.8 million, and a smaller EPS loss than expected. The company raised its FY23 revenue guidance to $1.125-$1.140 billion, above the $1.09 billion estimate, and adjusted EBITDA to $99-$103 million. Following the announcement, Torrid's shares surged by 20.7%. Morgan Stanley and Telsey Advisory Group both increased their price targets for Torrid.

Portfolio Pulse from Avi Kapoor

December 08, 2023 | 5:55 pm

ALT

KVUE

MLGO

NIO

SATL

Benzinga's Stock Whisper Index highlights five stocks that are gaining attention: Kenvue Inc (KVUE), MicroAlgo Inc (MLGO), NIO Inc – ADR (NIO), Satellogic Inc (SATL), and Altimmune Inc (ALT). Kenvue beat Q3 sales estimates with EPS in-line, while options activity suggests bearish sentiment. MicroAlgo's stock surged then fell after announcing a postgraduate training practice base. NIO delivered strong Q3 results and plans to spin off its battery division, but faced potential job cuts. Satellogic signed a multi-million dollar deal with Uzma, boosting its stock. Altimmune's Phase 2 obesity trial results were positive, especially as Pfizer halted its weight loss pill development, and M&A activity in the sector is rising.

Portfolio Pulse from Chris Katje

December 08, 2023 | 5:50 pm

BEAM

Beam Therapeutics' stock price has declined following a downgrade by Jefferies from Buy to Hold, accompanied by a significant reduction in the price target from $75 to $30.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 5:49 pm