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EJH

E-Home Household Services Holdings shares rose following the announcement of its plan to merge with and acquire Fuzhou Yunding Mutual Chain Information Technology.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:11 pm

ALAB

NVDA

Astera Labs Inc (NASDAQ:ALAB) shares rose after announcing new AI-focused fabric switches and receiving positive analyst coverage. The Scorpio Smart Fabric Switch portfolio aims to enhance AI infrastructure, with support from Nvidia. Analysts from Morgan Stanley and Needham raised their price targets for Astera Labs.

Portfolio Pulse from Adam Eckert

October 09, 2024 | 1:10 pm

LLY

NVO

WW

WeightWatchers (NASDAQ:WW) stock surged 50% after announcing the addition of compounded semaglutide to its offerings. This move addresses the shortage and insurance coverage issues for GLP-1 medications. The FDA's decision to remove Eli Lilly's Tirzepatide from the shortage list has been criticized.

Portfolio Pulse from Vandana Singh

October 09, 2024 | 1:09 pm

ALTM

RIO

Arcadium Lithium (NYSE:ALTM) shares surged over 30% after announcing a definitive agreement to be acquired by Rio Tinto in an all-cash deal valued at $6.7 billion, representing a 90% premium to its previous closing price. The acquisition aims to integrate Arcadium's lithium business into Rio Tinto's portfolio, enhancing its focus on energy transition commodities.

Portfolio Pulse from Adam Eckert

October 09, 2024 | 1:08 pm

LEXX

Lexaria has announced the commencement of dosing in its GLP-1 Human Pilot Study #3, which is a significant step in their research and development efforts.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:07 pm

LGVN

Longeveron's Lomecel-B 5-year long-term transplant-free survival data in HLHS has been selected for an oral presentation at the Congenital Heart Surgeons' Society 51st Annual Meeting. This highlights the potential of Lomecel-B in treating HLHS.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:06 pm

GNRC

Generac Holdings shares are experiencing an uptick in trading due to Hurricane Milton. As a manufacturer of generators and power equipment, the demand for Generac's products is likely to increase in response to the hurricane.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:03 pm

CRH

LVS

PYPL

URNM

On CNBC's 'Halftime Report Final Trades,' analysts discussed their top stock picks. Bryn Talkington recommended Sprott Uranium Miners ETF (URNM), Stephanie Link favored Las Vegas Sands (LVS), Joshua Brown chose PayPal (PYPL), and Jim Lebenthal picked CRH plc (CRH). Notably, Las Vegas Sands received an Overweight rating from Wells Fargo, and PayPal's price target was raised by BMO Capital.

Portfolio Pulse from Avi Kapoor

October 09, 2024 | 1:01 pm

GIII

G-III Apparel Group (NASDAQ:GIII) has been analyzed by five analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has increased to $31.6, with a high of $36.00 and a low of $27.00. Analysts have adjusted their ratings and price targets, reflecting their views on G-III's market position and financial performance. Despite revenue challenges, G-III shows strong profitability, effective cost management, and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 1:01 pm

ALAB

Astera Labs (NASDAQ:ALAB) has received mixed analyst ratings, with a recent trend of lowered price targets. The average 12-month price target is now $67.42, down from $80.83. Despite a significant revenue growth rate of 619.03%, the company faces challenges with profitability and returns on equity and assets.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 1:00 pm