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Stock Prices

IGMS

HC Wainwright & Co. downgraded IGM Biosciences (NASDAQ:IGMS) to Neutral and lowered the price target from $11.00 to $7.00. IGM Biosciences, a biotech company developing IgM antibody therapeutics, has its shares currently trading at $6.48. The new price target suggests an 8.02% upside potential.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 5:00 pm

GCT

Roth MKM has reaffirmed its Buy rating on GigaCloud Tech (NASDAQ:GCT) and increased its price target from $16.00 to $18.00. GigaCloud Tech's shares have risen 1.47% in the last 24 hours to $13.84. The new price target suggests a potential upside of 30.06%. GigaCloud Tech provides B2B e-commerce solutions for large parcel merchandise, connecting manufacturers in Asia with resellers in the U.S., Asia, and Europe.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 5:00 pm

A

Goldman Sachs has reaffirmed its Buy rating on Agilent Technologies (NYSE:A) and increased its price target from $128.00 to $145.00. Agilent's shares are currently trading at $128.91, and the new price target suggests a potential upside of 12.48%. Agilent, a life sciences and diagnostics firm, was spun out of Hewlett-Packard in 1999 and now operates in various markets, including biopharmaceuticals and chemicals, with significant operations in the U.S. and China.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 5:00 pm

TRKA

Troika Media Group Inc (NASDAQ:TRKA) shares plummeted by 67.6% to $0.38 as the company announced its acquisition by Blue Torch Finance LLC amid Chapter 11 bankruptcy proceedings. The deal includes a stalking horse credit bid and a court-supervised auction. Troika has secured $11 million in financing from its lenders and aims to continue operations with minimal disruption, transitioning to a private company.

Portfolio Pulse from Henry Khederian

December 07, 2023 | 4:58 pm

MSFT

The FTC is appealing a court decision that denied its attempt to block Microsoft's acquisition of Activision Blizzard. Microsoft's stock (MSFT) has declined by 5% amidst the legal battle, despite a 51% growth this year. The stock's performance and the outcome of the legal dispute are closely watched by investors due to potential implications for the tech and gaming industries.

Portfolio Pulse from Zaheer Anwari

December 07, 2023 | 4:57 pm

SVFD

Save Foods, Inc. (NASDAQ:SVFD) stock surged after announcing its entry into the U.S. carbon credit market through its majority stake in Nitrousink Ltd., a company focused on reducing nitrous oxide emissions. The news triggered heavy trading of SVFD shares, with volume exceeding 39.7 million compared to the 100-day average of 16 thousand shares. The company's stock price soared by 200% to $6.44.

Portfolio Pulse from Erica Kollmann

December 07, 2023 | 4:53 pm

SVFD

Save Foods, Inc. shares have risen following the announcement that the company is targeting the US carbon credit market after acquiring majority ownership in Nitrousink Ltd.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 4:53 pm

SSLZY

WDS

Woodside Energy (NYSE:WDS) and Santos Ltd. (OTC:SSLZY) are in early discussions about a potential merger that could create an A$80 billion ($52 billion) oil and gas giant. The merger would mark a significant consolidation in the global oil and gas industry. Woodside, with a market cap of A$56.91 billion, is larger than Santos, which has a market cap of A$22.1 billion. Both companies have experienced share price declines amid decarbonization pressures. The merger could strengthen their position in the LNG market and improve negotiations with buyers.

Portfolio Pulse from Akanksha Bakshi

December 07, 2023 | 4:49 pm

JBLU

JetBlue shares are trading higher following the airline's announcement of raised guidance for Q4 and the full year 2023. The company attributes this positive outlook to robust travel demand and solid operational performance in November.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 4:45 pm

DAL

JBLU

LUV

Airline stocks are experiencing an uptick after JetBlue provided positive guidance and commentary, indicating a potentially optimistic outlook for the industry.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 4:45 pm