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MRVL

Barclays has reaffirmed its Overweight rating on Marvell Tech (NASDAQ:MRVL) but reduced its price target from $75.00 to $70.00. Marvell Tech's shares have fallen 2.37% to $50.77. The new price target suggests a potential upside of 37.86%. Marvell Technology, a fabless chip designer, is a leader in wired networking and serves various markets including data centers and automotive.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 5:00 pm

DT

Dynatrace (NYSE:DT) has received positive analyst ratings in the last quarter, with 5 bullish and 1 somewhat bullish ratings, and no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for DT is $61.67, with a high of $65.00 and a low of $58.00. This target has increased by 8.82% over the past month, indicating a positive sentiment among analysts.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 5:00 pm

GTLB

Cantor Fitzgerald analyst Jonathan Ruykhaver has maintained an Overweight rating on GitLab (NASDAQ:GTLB) and increased the price target from $55 to $65.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 5:00 pm

KEY

RBC Capital has maintained its Outperform rating for KeyCorp (NYSE:KEY) but lowered its price target from $14.00 to $13.00. KeyCorp's shares have fallen 2.86% in the last 24 hours to $13.05. The new price target suggests a slight decrease of 0.42% from the current price. KeyCorp, with over $170 billion in assets, operates predominantly in Ohio and New York, focusing on middle-market commercial clients.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 5:00 pm

CMG

Over the past 5 years, Chipotle Mexican Grill (NYSE:CMG) has produced an average annual return of 36.2%, outperforming the market by 24.63%. A $1000 investment in CMG 5 years ago would be worth $4,763.45 today. Chipotle's market cap stands at $60.91 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 5:00 pm

ON

ON Semiconductor (NASDAQ:ON) has delivered an average annual return of 25.45% over the past 10 years, outperforming the market by 15.74% on an annualized basis. A $1000 investment in ON stock a decade ago would be worth $9,653.74 today. The company's current market capitalization stands at $31.10 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 5:00 pm

GRFS

JP Morgan has maintained a Neutral rating for Grifols (NASDAQ:GRFS) and increased its price target from $10.00 to $10.50. Grifols' shares are currently trading at $9.77, up 0.62% over the last 24 hours. The new price target suggests a potential upside of 7.47% from the current share price. Grifols is a Spain-based plasma derivative producer that expanded its product portfolio by acquiring Talecris in 2011. The company's biopharma business accounted for 83% of its sales in 2022.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 5:00 pm

CULP

Culp Inc. shares have risen following the announcement of their Q2 financial results, which exceeded expectations. Additionally, the company has provided guidance for Q3 that has positively influenced investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:58 pm

BIGTIME

BTCUSD

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ORDI

Over $335 million was liquidated in the altcoin market, with significant losses involving Big Time (BIGTIME) and Ordi Protocol (ORDI) tokens. Bitcoin (BTC) and Ether (ETH) saw $85 million in liquidations, while ORDI and Bigtime experienced $15 million and $12 million, respectively. The liquidations affected both long and short positions amid price fluctuations. The interest in Bitcoin-linked tokens and crypto gaming platforms has driven up the prices of ORDI and Bigtime tokens by 580% and 400%, respectively. Other tokens like Celestia (TIA) and Memeland (MEME) also saw losses, as did Terra ecosystem tokens LUNC, USTC, and LUNA.

Portfolio Pulse from Murtuza Merchant

December 05, 2023 | 4:57 pm

SMSI

Smith Micro Software's stock is trading higher following the announcement of a multi-year agreement to supply its SafePath Digital Family Lifestyle solution to a major Tier 1 mobile network operator in Europe.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:56 pm