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LMNR

Limoneira Company (NASDAQ:LMNR) has initiated a process to explore strategic alternatives to maximize shareholder value, which could include a sale, merger, or other transactions. The Board, with management support, is considering all options and has engaged Stephens Inc. as financial advisor and Squire Patton Boggs as legal advisor.

Portfolio Pulse from Charles Gross

December 01, 2023 | 2:15 pm

TXRH

Wedbush analyst Nick Setyan has maintained an Outperform rating on Texas Roadhouse (NASDAQ:TXRH) and increased the price target from $110 to $120.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 2:15 pm

AIG

CRBG

American International Group, Inc. (AIG) has priced a secondary offering of Corebridge Financial, Inc. (CRBG) common stock at $20.50 per share, with the offering expected to close on December 5, 2023, subject to customary closing conditions.

Portfolio Pulse from Charles Gross

December 01, 2023 | 2:14 pm

FOXO

FOXO Technologies Inc. (NYSE:FOXO) is set to begin the commercial rollout of its VITHAR AI Health Coach in early 2024. The company anticipates a reduction in losses exceeding $10 million for Q3 2023 compared to the previous quarter, including operational cost savings of over $2.1 million. Interim CEO Mark White highlighted progress in the VITHAR rollout and plans to use KR8's social media network for marketing. FOXO expects to report annualized cost savings of over 52% for 2023 and aims to maintain a lean operating structure to scale the business and drive profitability post-launch.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 2:08 pm

CLSK

CleanSpark Inc. (NASDAQ:CLSK) reported mining 666 Bitcoin in November 2023, a 24% increase from the previous year. The company highlighted improved efficiency, with energy usage dropping to 26.4 J/Th, and a significant increase in production from fees, particularly due to interest in ordinals. Operational uptime was 99.98%. CleanSpark sold 402 BTC at an average price of $36,600 per BTC, totaling approximately $14.7 million in proceeds. The current hashrate is 10.08 EH/s, and the construction of the Sandersville site is on track for year-end completion.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 2:05 pm

BK

Over the past 3 months, 4 Wall Street analysts have rated Bank of New York Mellon (NYSE:BK) as mostly bearish, with 3 somewhat bearish ratings and 1 indifferent. The average price target is $46.5, which is below the current price of $48.3399, indicating a potential downside. This target has decreased by 1.06% from the previous target of $47.00. Analysts' ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm

JOAN

JOANN (NASDAQ:JOAN) is scheduled to release its quarterly earnings report on Monday, 2023-12-04, with analysts expecting an EPS of $-0.21. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, JOANN's stock price has reacted negatively to earnings misses, with drops following the last four quarterly reports. Shares are currently trading at $0.585, down 87.4% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm

HTOO

Fusion Fuel Green (NASDAQ:HTOO) is scheduled to release its quarterly earnings report on Monday, 2023-12-04, with analysts expecting an EPS of $-0.23. Investors are looking for an earnings beat and positive guidance for the next quarter. Fusion Fuel Green's stock has declined 77.25% over the last 52 weeks, trading at $1.39 as of November 30. Past earnings performance has shown significant stock price volatility post-earnings announcement.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm

LMND

Over the past 3 months, 4 Wall Street analysts have consistently rated Lemonade (NYSE:LMND) as 'Somewhat Bearish', with no change in sentiment in the last 30 days. The average 12-month price target for LMND is $10.5, a decrease of 4.55% from the previous target of $11.00. Analysts' ratings are a reflection of their predictions on stock performance based on company analysis.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm

ESTC

Elastic (NYSE:ESTC) has received 8 analyst ratings in the last quarter, with 4 bullish, 2 somewhat bullish, and 2 indifferent. There were no bearish ratings. The average price target among these analysts is $91.38, which is below the current price of $96.51, suggesting a potential downside. Over the past month, this price target has increased by 23.49%. Analyst ratings are periodic evaluations from financial experts who specialize in stock analysis, and they may influence investor decisions.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm