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ITOS

JP Morgan analyst Daniel Wolle has maintained an Overweight rating on ITeos Therapeutics (NASDAQ:ITOS) but reduced the price target from $32 to $29.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:55 pm

INTC

TSEM

Tower Semiconductor Ltd (NASDAQ:TSEM) reported a Q3 FY23 revenue decline of 16.1% Y/Y to $358.2 million, missing consensus by $0.4 million. EPS was $0.54, beating consensus by $0.04. Gross profit and adjusted operating profit also declined Y/Y. Despite challenges, the company is focusing on growth and technological advancements, with added capacity and new customers. Q4 revenue is expected to be around $350 million, compared to a $359.63 million consensus. The previously planned takeover by Intel Corporation (NASDAQ:INTC) was terminated in August. TSEM shares are down 43% YTD but traded up slightly at the time of publication.

Portfolio Pulse from Anusuya Lahiri

November 13, 2023 | 3:54 pm

ASH

Stifel analyst Vincent Anderson has maintained a Buy rating on Ashland (NYSE:ASH) but reduced the price target from $110 to $96, as reported on November 10, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:46 pm

LYG

Lloyds Banking Group (NYSE:LYG) has seen a 60% increase in short interest since the last report, with 12.24 million shares sold short, representing 0.08% of available shares. The short interest ratio is 1.0, indicating it would take about a day to cover all short positions. While this rise in short interest suggests a bearish sentiment, it does not necessarily predict a near-term price drop. LYG's short interest is below its peer group average of 0.85%.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 3:45 pm

TEAM

Atlassian (NYSE:TEAM) has seen a decrease in short interest, with the short percent of float dropping 5.58% since the last report. The company has 3.13 million shares sold short, representing 2.03% of available shares. The current short interest is below the peer group average of 3.36%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 3:45 pm

LEN

Lennar Corporation (NYSE:LEN) has experienced a 15.94% increase in short interest since its last report, with 6.09 million shares sold short, representing 3.2% of its float. It would take about 3.37 days to cover all short positions based on current trading volume. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline. Lennar's short interest is below its peer group average of 6.62%.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 3:45 pm

SIEN

Stifel analyst Jonathan Block has maintained a Buy rating on Sientra (NASDAQ:SIEN) but has reduced the price target from $4 to $2 as reported on November 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:38 pm

SKLZ

Stifel analyst Drew Crum has maintained a Buy rating on Skillz (NYSE:SKLZ) but has reduced the price target from $13 to $10.5.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:37 pm

AAPL

MSFT

NVDA

TSLA

Nvidia Corp. (NVDA) has seen a significant increase in its stock value, climbing over 200% in the past year and 240%+ in 2023, now holding a market cap of $1.194T. Despite its growth, Nvidia has not been included in Jim Cramer's tech stock tags FAANG or MAMAA. Charlie Bilello introduced 'The Enormous Eight', adding Microsoft, Nvidia, and Tesla to the FAANG group. There is speculation whether Cramer will update his acronym to include Nvidia due to its market performance.

Portfolio Pulse from Surbhi Jain

November 13, 2023 | 3:31 pm

WMT

Stifel analyst Mark Astrachan has maintained a Hold rating on Walmart (NYSE:WMT) and increased the price target from $169 to $171.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:30 pm