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EPR

Truist Securities analyst Ki Bin Kim has maintained a Hold rating on EPR Properties (NYSE:EPR) and reduced the price target from $50 to $49.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 4:57 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) is involved in a legal dispute with Sweden's Transport Agency due to halted delivery of license plates, impacting Tesla's operations in Sweden. The issue stems from unions pressuring Tesla to sign a collective bargaining agreement. Tesla is also preparing for the delivery event of the Cybertruck. TSLA shares have risen over the past month but are currently trading below the 50-day moving average.

Portfolio Pulse from Erica Kollmann

November 27, 2023 | 4:55 pm

BNL

Truist Securities analyst Ki Bin Kim has maintained a Hold rating on Broadstone Net Lease (NYSE:BNL) and reduced the price target from $18 to $17.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 4:52 pm

DDD

There was a notable options trading activity for 3D Systems Corporation, where a sweep of May 17 $7 call options was executed near the ask price, involving 2,292 contracts at $0.5 each compared to an open interest of 110 contracts, with the underlying stock reference price at $5.21.

Portfolio Pulse from Charles Gross

November 27, 2023 | 4:42 pm

DPZ

TD Cowen analyst Andrew Charles has reaffirmed an Outperform rating on Domino's Pizza (NYSE:DPZ) and increased the price target from $410 to $430, signaling confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 4:42 pm

EIS

SPY

USO

A White House official has confirmed that Israel and Hamas have agreed to extend the truce in Gaza, according to Reuters. This development may influence the stability in the region and could have an impact on related US-listed assets.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 4:40 pm

XENE

Xenon Pharmaceuticals Inc (NASDAQ:XENE) reported positive Phase 2 trial results for XEN1101 in treating major depressive disorder (MDD). The study showed a dose-response and clinically meaningful improvements in several depression scales, though not all results were statistically significant. XEN1101 was well tolerated with similar adverse event rates across treatment groups. XENE shares rose 13.15% to $32.78.

Portfolio Pulse from Vandana Singh

November 27, 2023 | 4:40 pm

SPY

USO

Saudi Arabia is pushing for OPEC+ oil production quota cuts to support global oil markets, but faces resistance from some members. OPEC+ has postponed discussions due to disagreements over African quotas. Riyadh has already unilaterally cut supply by 1 million barrels per day since July and is seeking broader cooperation.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 4:35 pm

AMZN

FDX

UPS

Amazon (AMZN) has become the largest delivery business in the U.S. by parcel volumes, surpassing UPS and FedEx. In 2022, Amazon delivered more packages than UPS and had already overtaken FedEx in 2020. Despite this, the U.S. Postal Service remains the largest by volume. Amazon's growth and strategic changes at UPS and FedEx have altered the delivery landscape. Amazon focuses on profitable routes and leverages AI for efficient deliveries, while UPS and FedEx prioritize more profitable parcels. AMZN shares were up 1.1% on the news.

Portfolio Pulse from Anusuya Lahiri

November 27, 2023 | 4:31 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) celebrated the five-year anniversary of its R1T electric truck and R1S SUV unveiling at the LA Auto Show. Initially promising deliveries in 2020, Rivian faced delays and began deliveries in 2021. The company has seen significant growth, delivering 15,564 vehicles in Q3 of the current year. Rivian's vehicles are priced at the higher end, with the R1T at $73,000 and the R1S SUV at $78,000. The company reported Q3 revenue of $1.337 billion and a loss of $1.19 per share, outperforming analyst expectations. Looking forward, Rivian aims for positive gross profit by 2024 and plans to launch the R2 platform in 2026, with unveilings expected in early 2024. The R2 will be more affordable, targeting the $45,000 to $50,000 price range for midsize SUVs, a segment where Tesla Inc. currently dominates.

Portfolio Pulse from Anan Ashraf

November 27, 2023 | 4:22 pm