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AHTR

EPRT

JBGS

WELL

Essential Properties Realty Trust, Inc. (EPRT) announced the retirement of Chairman Paul T. Bossidy, effective December 31, 2023, and the appointment of Scott A. Estes as the new Board Chair. Bossidy's retirement is not due to any disagreement with the company's operations or practices. The Board will be reduced from eight to seven members. CEO Mavoides praised Bossidy's contributions and expressed confidence in Estes, who has extensive REIT industry experience and has served in leadership roles at Welltower, Inc. (WELL) and is involved with JBG SMITH Properties (JBGS) and American Healthcare REIT (AHTR).

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:25 pm

AVTE

Aerovate Therapeutics (NASDAQ:AVTE) reported Q3 earnings with an EPS of $-0.71, missing estimates by 2.9% and showing no revenue change from the same period last year. The company's past earnings miss was followed by a 1.14% share price drop the next day.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:25 pm

RF

Odeon Capital analyst Dick Bove has downgraded Regions Financial Corp. (NYSE:RF) from Buy to Hold and set a price target of $17.1.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:25 pm

SR

Spire Inc. has announced an increase in its annual common stock dividend from $2.88 to $3.02, marking a positive development for shareholders.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:24 pm

MNPR

SNES

STNE

StoneCo Ltd. (NASDAQ:STNE) shares increased by over 6% in pre-market trading following the company's third-quarter earnings report, which surpassed market expectations. StoneCo reported adjusted earnings of 27 cents per share against the estimated 22 cents, with sales of $643.35 million exceeding the forecast of $610.17 million. Other stocks also showed pre-market movements, with notable gainers including SenesTech, Inc. (NASDAQ:SNES), Collective Audience, Inc. (NASDAQ:CAUD), and Tivic Health Systems, Inc. (NASDAQ:TIVC), among others. Conversely, several stocks were trading lower, such as Monopar Therapeutics (NASDAQ:MNPR), eFFECTOR Therapeutics, Inc. (NASDAQ:EFTR), and Motus GI Holdings, Inc. (NASDAQ:MOTS).

Portfolio Pulse from Lisa Levin

November 13, 2023 | 1:24 pm

WAT

Barclays analyst Luke Sergott has downgraded Waters Corporation (NYSE:WAT) from Equal-Weight to Underweight and reduced the price target from $270 to $230.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:20 pm

PGRE

B of A Securities analyst Camille Bonnel downgraded Paramount Group (NYSE:PGRE) from Neutral to Underperform and reduced the price target from $5 to $4.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:18 pm

CNM

Core & Main, a specialized distributor of water, wastewater, storm drainage and fire protection products, has been added to the S&P MidCap 400 Index. This inclusion could potentially increase the visibility of Core & Main among institutional investors and could lead to increased demand for the stock.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:18 pm

ALUR

Allurion Technologies (NYSE:ALUR) reported a slight increase in its Q3 losses to $(0.54) per share compared to $(0.53) per share in the same quarter last year. However, the company's sales rose to $18.20 million, marking a 13.30% increase from $16.06 million in the previous year's quarter.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:16 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has released Cortex XSIAM 2.0, an AI-driven security operations platform with a new bring-your-own machine learning (BYOML) framework. This allows customers to integrate their own ML models for unique use cases. The platform, which ingests over 5 petabytes of security data daily, also features a Command Center for improved incident monitoring and a MITRE ATT&CK Coverage Dashboard for assessing defense capabilities. XSIAM has led to significant improvements in incident resolution for companies like an oil and gas company, Boyne Resorts, and Imagination Technologies. The platform is now globally available.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:15 pm