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TTD

Piper Sandler analyst Matt Farrell has maintained an Overweight rating on Trade Desk (NASDAQ:TTD) but reduced the price target from $100 to $80.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 9:16 pm

VRNOF

Verano Holdings Corp (OTCQX:VRNOF) showcased strong Q3 earnings with a gross profit of $133.22 million and an adjusted EBITDA of $89.35 million. Despite a net loss of $17.84 million, the figures represent an improvement over previous periods. The company's leadership discussed these results and strategies in a live interview on Benzinga Cannabis Insider.

Portfolio Pulse from Patricio Liddle

November 10, 2023 | 9:06 pm

NCNA

NuCana plc (NASDAQ:NCNA) has transferred its listing from the Nasdaq Global Select Market to the Nasdaq Capital Market effective November 9, 2023. The transfer was approved based on meeting the market value of publicly held shares requirement and other criteria, except for the minimum bid price. NuCana's ADSs continue to trade under the ticker symbol 'NCNA'. Nasdaq has granted NuCana an additional 180 days to comply with the minimum bid price requirement of $1.00 per ADS.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 9:01 pm

ACRV

Acrivon Therapeutics (NASDAQ:ACRV) received 4 analyst ratings in the last quarter, with 3 bullish and 1 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average price target is $23.5, which is significantly higher than the current price of $5.4, suggesting a substantial upside. However, this target is a 6.0% decrease from the previous target of $25.00. Analysts rate stocks typically once a quarter and provide insights into company performance.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 9:00 pm

BTCUSD

The Bitcoin halving event is expected in April 2024, which could lead to significant price movements in the cryptocurrency market. Comparisons are made to the Ethereum merge, which had a minimal impact on Ethereum's price. The event's outcome is uncertain, and it could either lead to a price surge or have little effect. The anticipation aligns with themes of crypto adoption to be discussed at Benzinga's Future of Digital Assets conference, with major industry players attending.

Portfolio Pulse from Tanzeel Akhtar

November 10, 2023 | 8:50 pm

VTYX

Evercore ISI Group analyst Josh Schimmer has downgraded Ventyx Biosciences (VTYX) from Outperform to In-Line and significantly reduced the price target from $43 to $5.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:43 pm

SONY

Benchmark analyst Mike Hickey reiterated a Buy rating on Sony Group Corp (NYSE:SONY) with a price target of J¥14500. Sony's Game & Network Services segment saw a 32% increase in Q2 sales YoY, leading to an upward revision of the FY23 sales forecast by ¥190 billion. Adjusted OIBDA for the segment also increased by ¥18.9 billion YoY. A new PS5 model and PS Portal are expected to contribute to a strong year-end performance. Sony's updated FY23 forecast anticipates sales of 12 trillion ¥400 billion and operating income of ¥1.17 trillion. The operating cash flow forecast is ¥1.16 trillion, with a projected Q3 revenue of J¥3.499 trillion. Sony's shares rose by 5.46% to $86.19.

Portfolio Pulse from Anusuya Lahiri

November 10, 2023 | 8:36 pm

KFFB

Kentucky First Federal (NASDAQ:KFFB) reported a significant decrease in earnings for Q1, with a loss of $(0.02) per share compared to a profit of $0.05 per share in the same quarter of the previous year, marking a 140 percent decrease.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:33 pm

PCT

Stifel analyst Michael Hoffman has maintained a Buy rating on PureCycle Technologies (NASDAQ:PCT) but has reduced the price target from $15 to $6.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:33 pm

ETCUSD

Ethereum Classic (CRYPTO: ETC) has experienced a 5% drop to $20.39 amid general cryptocurrency market volatility. This volatility is partly due to rising optimism about the SEC potentially approving a Bitcoin ETF, with Bloomberg suggesting a 90% chance of approval by January 10, 2024. Regulatory decisions on a Bitcoin ETF are significant for cryptocurrencies like Ethereum Classic, as they can lead to increased liquidity and market depth, as well as heightened price sensitivity to trades.

Portfolio Pulse from Henry Khederian

November 10, 2023 | 8:32 pm