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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

ACHR

BA

BLDE

JOBY

Joby Aviation's eVTOL aircraft is expected to fly in New York City, demonstrating the progress of electric-aircraft technology towards commercial application. Archer Aviation (ACHR) also has an eVTOL but won't fly it. Boeing (BA) and Airbus (AIR.France) are involved in eVTOL development, while Blade Air Mobility (BLDE) operates a network of aircraft and is profitable. Joby has delivered an aircraft to the Air Force and is advancing in FAA certification. Archer plans flight testing in mid-2024. Joby and Archer stocks have risen over the past year, while Blade's shares have fallen.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:29 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 | 3:29 pm

HD

Stifel analyst John Baugh has maintained a Hold rating on Home Depot (NYSE:HD) but has reduced the price target from $350 to $306.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:22 pm

GOOG

GOOGL

HOOD

Alphabet Inc, the parent company of Google, has sold all of its remaining shares in Robinhood Markets Inc, the online trading app operator. Alphabet had previously sold 90% of its shares in Robinhood in August and has now divested the remaining stake, which was worth around $5M. Robinhood's shares have fallen 38% since Alphabet's August divestment and were trading 0.8% lower early Monday. Robinhood has experienced a decline in transaction revenue and active monthly users, contributing to a net quarterly loss of $85 million.

Portfolio Pulse from Neil Dennis

November 13, 2023 | 3:19 pm

COST

Stifel analyst Mark Astrachan has maintained a Buy rating on Costco Wholesale (NASDAQ:COST) and increased the price target from $575 to $595.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:17 pm

NVO

Novo Nordisk A/S (NYSE:NVO) released results from the SELECT phase 3 trial of semaglutide (Wegovy) at the AHA Scientific Sessions, showing a 20% risk reduction in MACE for patients with CVD and obesity without diabetes. The drug also reduced the risk of non-fatal heart attack by 28%, non-fatal stroke by 7%, and progression to diabetes by 73%. However, 17% of participants discontinued due to gastrointestinal issues. NVO shares dropped 2.90% to $98.26.

Portfolio Pulse from Vandana Singh

November 13, 2023 | 3:17 pm

TSN

Tyson Foods Inc (NYSE:TSN) shares rose after reporting Q4 FY23 results, despite a sales decline of 2.8% Y/Y to $13.35 billion, missing estimates. Beef and Pork volumes fell, while Chicken and Prepared Foods rose. Gross profit and operating income dropped significantly, but adjusted EPS of $0.37 beat expectations. The company increased its quarterly dividend and expects FY24 sales to be flat with adjusted operating income of $1.0 billion to $1.5 billion. TSN shares are up 1.65% at $47.70.

Portfolio Pulse from Lekha Gupta

November 13, 2023 | 3:16 pm

WELL

Wells Fargo analyst Todd Stender has maintained an Overweight rating on Welltower (NYSE:WELL) and increased the price target from $93 to $95.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:13 pm

SYTA

Shares of Siyata Mobile were halted due to a circuit breaker after experiencing a significant increase, with the stock price rising by 30.8%.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 3:13 pm