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BBAR

Banco BBVA Argentina's stock is trading lower following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:33 pm

CME

Over the past 20 years, CME Group (NASDAQ:CME) has delivered an average annual return of 14.75%, outperforming the market. A $100 investment in CME stock two decades ago would be worth $1,578.94 today. CME Group currently has a market cap of $77.64 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 6:30 pm

DLTR

Over the past 20 years, Dollar Tree (NASDAQ:DLTR) has produced an average annual return of 12.52%, outperforming the market. A $100 investment in DLTR 20 years ago would now be worth $1,092.37. The company's current market capitalization stands at $25.41 billion.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 6:30 pm

SHOT

Safety Shot Inc (NASDAQ:SHOT) responded to a short report by Capybara Research, which led to a selloff in SHOT shares. The report questioned the legitimacy of Safety Shot's flagship product and the company's founders. Safety Shot called the report malicious and defamatory, highlighting past lawsuits against Capybara Research for fraudulent articles. CEO Brian John invited skeptics to try the product and urged investors to conduct due diligence. Safety Shot's beverage, aimed at reducing blood alcohol content, is launching in December. Despite the selloff, SHOT is up 460% YTD.

Portfolio Pulse from Adam Eckert

November 22, 2023 | 6:29 pm

BBY

Evercore ISI Group analyst Greg Melich has maintained an In-Line rating on Best Buy Co (NYSE:BBY) but has lowered the price target from $75 to $70.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:27 pm

BODY

Trading for The Beachbody Company shares has resumed after a temporary halt. The company, which may be referred to by its ticker symbol BODY, is back on the market for investors to buy and sell its stock.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:21 pm

GDDY

RBC Capital Markets analyst Brad Erickson upgraded GoDaddy Inc (NYSE:GDDY) to Outperform from Sector Perform and increased the price target to $124 from $90. Erickson highlighted GoDaddy's potential to benefit 'outsizedly' from AI tools, which could reduce customer acquisition friction. Despite the web design industry's top-of-funnel trends underperforming, GoDaddy's customer acquisition channel is seen as a tailwind. The analyst also expects cost synergies from workload migration/unification and ties heavy product development investments to potential revenue growth. Revenue and adjusted EBITDA forecasts for FY23 are $4.255 billion and $1.124 billion, and for FY24, $4.61 billion and $1.377 billion, respectively. GoDaddy's Q3 FY23 results exceeded expectations, with revenue of $1.070 billion and EPS of $0.89. Following the news, GDDY shares rose by 2.85% to $95.51.

Portfolio Pulse from Lekha Gupta

November 22, 2023 | 6:19 pm

BODY

Shares of The Beachbody Company were halted due to a circuit breaker after surging 43.2%.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:16 pm

SIX

Stifel analyst Steve Wieczynski has maintained a Buy rating on Six Flags Entertainment (NYSE:SIX) and increased the price target from $30 to $32.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:16 pm

BODY

The Beachbody Company's shares have resumed trading. There is no additional context provided regarding the reason for the halt or the implications for the future trading of BODY stock.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 6:15 pm