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NVDA

NVIDIA Corporation (NASDAQ:NVDA) has seen its shares rise significantly in 2023, driven by growing interest in AI. Analysts from Goldman Sachs, Piper Sandler, Morgan Stanley, Oppenheimer, and Needham have reacted positively to NVIDIA's Q3 earnings and forward guidance, with increased price targets and ratings ranging from Buy to Overweight. The Data Center segment's strong performance and the company's position in AI were key highlights, despite concerns about China's restrictions. NVDA shares were down 2.1% post-earnings.

Portfolio Pulse from Chris Katje

November 22, 2023 | 6:15 pm

ADN

Advent Technologies Holdings, Inc. (NASDAQ:ADN) has been granted a 180-day extension by NASDAQ to meet the minimum bid price requirement. The company must increase its share price to at least $1.00 for 10 consecutive business days before May 20, 2024, to regain compliance. The current NASDAQ notification does not affect the listing or trading of ADN's shares.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:15 pm

NVDA

Stifel analyst Ruben Roy has reaffirmed a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) and increased the price target from $600 to $665, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:14 pm

ARGX

DNTH

SNY

Wedbush initiated coverage on Dianthus Therapeutics Inc (DNTH) with an Outperform rating and a price target of $23, citing the potential of its lead program DNTH103, a monoclonal antibody targeting the complement C1s protein. DNTH103 is advancing in Phase 2 studies, with Phase 1 data showing a meaningful extension of half-life. The generalized myasthenia gravis (gMG) opportunity is highlighted as most attractive. The article also mentions Argenx SE (ARGX) and Sanofi SA (SNY) in the context of supporting the complement-inhibition approach in CIDP. The complement inhibition field is active with three acquisitions in the last three years, indicating a high interest in this therapeutic area. DNTH shares were up 1.14% at $11.50.

Portfolio Pulse from Vandana Singh

November 22, 2023 | 6:12 pm

BODY

Trading in shares of The Beachbody Company (BODY) has been halted. The reason for the halt has not been disclosed, leaving investors awaiting further details.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:12 pm

ADI

Analysts have mixed views on Analog Devices, Inc (NASDAQ:ADI) amid expectations of a cyclical recovery. Piper Sandler maintains a Neutral rating with a $175 price target, while Citi, BMO Capital, Goldman Sachs, Raymond James, Oppenheimer, and Susquehanna have positive outlooks with price targets ranging from $200 to $215. ADI reported mixed October quarter results and provided January guidance below expectations due to macro weakness, particularly in the industrial sector. Management expects inventory correction to last through the first half of 2024 but has cost-corrected to maintain a strong operating margin. Analysts project Q1 revenues and EPS with slight variations, anticipating a recovery in the second half of 2024. ADI shares saw a modest uptick of 0.84% to $182.77.

Portfolio Pulse from Anusuya Lahiri

November 22, 2023 | 6:05 pm

SPY

UNG

USO

The U.S. Baker Hughes Oil Rig Count remains unchanged from last week at 500, while the Gas Rig Count has increased by 3 from last week to 117.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:04 pm

USO

Oil prices dropped as OPEC+ postponed their 187th meeting, delaying decisions on supply adjustments. The meeting, originally scheduled for Nov. 25-26, is now set for Nov. 30. Crude oil futures fell 2.5% to $75.80, and the United States Oil Fund, LP ETF (USO) decreased by 2.3% to $70.78. The delay comes amid a 20% drop in oil prices since September due to supply and demand concerns and economic slowdown fears. The upcoming meeting will discuss supply limits into 2024, with Saudi Arabia's potential extension of a 1 million barrel-a-day curb being a focal point.

Portfolio Pulse from Surbhi Jain

November 22, 2023 | 6:02 pm

AMAT

BURL

CSCO

On CNBC's Halftime Report, analysts shared their final trades, which included Cisco Systems (CSCO), Burlington Stores (BURL), and Applied Materials (AMAT). Each company was highlighted as a potential investment opportunity, but specific details regarding the rationale behind each pick were not provided in the article.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:00 pm

GD

General Dynamics (NYSE:GD) has delivered an average annual return of 9.41% over the past 20 years, outperforming the market by 1.94% annually. A $1000 investment in GD 20 years ago would be worth $6,089.77 today. The company's current market capitalization stands at $67.20 billion.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 6:00 pm