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OGN

Piper Sandler analyst David Amsellem has maintained an Overweight rating on Organon (NYSE:OGN) but reduced the price target from $32 to $22.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 5:52 pm

BIDU

Baidu Inc (NASDAQ:BIDU) shares rose after reporting strong Q3 results and starting monetization of its AI chatbot, Ernie. Mizuho Securities analyst James Lee maintains a Buy rating and a $140 price target. Despite macro headwinds, Baidu's operating income exceeded expectations due to improved Cloud profitability and cost management. The company's Ernie 4 chatbot, comparable to GPT4, has begun generating revenue shortly after launching a subscription plan. Lee expresses increased confidence in Baidu's FY25 Core EBITDA projections.

Portfolio Pulse from Priya Nigam

November 22, 2023 | 5:50 pm

NOG

Piper Sandler analyst Mark Lear has maintained a Neutral rating on Northern Oil & Gas (NYSE:NOG) and increased the price target from $43 to $44.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 5:49 pm

LOW

Piper Sandler analyst Peter Keith has maintained an Overweight rating on Lowe's Companies (NYSE:LOW) but reduced the price target from $240 to $218.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 5:47 pm

BIDU

Baidu, Inc. (NASDAQ:BIDU) reported strong third-quarter financial results, with sales of $4.72 billion and earnings of $2.80 per share, surpassing estimates. Following the report, analysts from Nomura Instinet, Benchmark, and Goldman Sachs updated their coverage, with price targets ranging from $145 to $210. BIDU's stock traded higher on heavy volume, with a 6% increase to $120.63.

Portfolio Pulse from Erica Kollmann

November 22, 2023 | 5:45 pm

IPAR

Piper Sandler analyst Korinne Wolfmeyer has maintained an Overweight rating on Inter Parfums (NASDAQ:IPAR) but reduced the price target from $175 to $172.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 5:43 pm

DGICB

LMND

MRAI

PLMR

RELI

In Wednesday's intraday session, insurance stocks saw significant movement. Marpai (MRAI) experienced a substantial increase of 90.35%, while Reliance Global Group (RELI) and Lemonade (LMND) also saw gains. Conversely, Donegal Gr (DGICB), Palomar Hldgs (PLMR), and others faced declines. The article highlights the percentage changes, current trading volumes, and market caps of these companies.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 5:40 pm

ADI

Piper Sandler analyst Harsh Kumar has maintained a Neutral rating on Analog Devices (NASDAQ:ADI) but has reduced the price target from $190 to $175.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 5:38 pm

TSLA

U.S. lawmakers have requested the SEC to investigate Elon Musk and Neuralink for potential securities fraud related to misleading statements about the safety of Neuralink's brain implant technology. Veterinary records indicate that animals suffered severe health effects from the implants, contradicting Musk's previous claims. The controversy arises as Neuralink prepares for human trials, and any negative news about Musk tends to affect Tesla Inc's stock price, which was down 3.81% at the time of reporting.

Portfolio Pulse from Surbhi Jain

November 22, 2023 | 5:38 pm

BIDU

Baidu's stock (BIDU) is experiencing an uptick following an upgrade from Neutral to Buy by Nomura.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 5:35 pm