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Stock Prices

SMAR

Truist Securities analyst Terry Tillman has reaffirmed a Buy rating on Smartsheet (NYSE:SMAR) and increased the price target from $50 to $55.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 3:55 pm

MDRX

Veradigm shares have declined following the announcement of a leadership transition within the company.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 3:54 pm

MLTX

MoonLake Immunotherapeutics' stock is trading higher following Citigroup's initiation of coverage with a Buy rating and a $72 price target.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 3:50 pm

BMEA

Biomea Fusion's stock price has declined following the announcement of long-term follow-up data from its Phase II study of BMF-219 in adults with type 2 diabetes, which was presented at WCIRDC.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 3:49 pm

ALXO

ALX Oncology's stock has seen a positive movement after Jefferies upgraded the company from Hold to Buy and increased the price target from $8 to $18.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 3:45 pm

JOUT

Johnson Outdoors Inc (NASDAQ:JOUT) reported a significant decline in Q4 FY23 sales by 51% Y/Y to $96.34 million, missing estimates by a wide margin. The company also reported a larger-than-expected EPS loss of $(1.56), compared to the consensus of $(0.32). Gross margin contracted to 29.5%, and the company experienced a substantial operating loss of $(22.56) million. Despite this, JOUT declared a quarterly cash dividend and emphasized a focus on managing inventories and improving profitability for FY24. JOUT's stock price fell by 11.69% to $48.10.

Portfolio Pulse from Akanksha Bakshi

December 08, 2023 | 3:43 pm

ORLY

TD Cowen analyst Max Rakhlenko has maintained an Outperform rating on O'Reilly Automotive (NASDAQ:ORLY) and increased the price target from $1100 to $1150.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 3:43 pm

ALXO

BITF

CURV

MBI

VIRC

Torrid Holdings Inc. reported better-than-expected Q3 results and raised FY23 guidance, causing its shares to jump 22.3%. MBIA Inc. declared an $8.00 per share extraordinary dividend, leading to a 63.8% share increase. Other stocks like ALX Oncology, Virco Mfg., and Bitfarms also saw significant gains after positive upgrades, earnings reports, and corporate actions.

Portfolio Pulse from Avi Kapoor

December 08, 2023 | 3:40 pm

AVTR

Avantor's stock price is on the rise after the company's investor day, where it introduced a new strategic operating model and a multi-year cost optimization plan. Additionally, Avantor reaffirmed its fiscal year 2023 guidance.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 3:40 pm

PARA

Paramount shares are up after reports that David Ellison and RedBird Capital have approached National Amusements, which holds a 77% stake in Paramount, for a potential deal.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 3:34 pm