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PAA

In the last quarter, Plains All American (NASDAQ:PAA) received mixed analyst ratings. The average price target is $16.25, slightly above the current price of $15.965. The average price target has increased by 4.84% over the past month.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 3:00 pm

META

Meta Platforms (NASDAQ:META) has outperformed the market over the past 10 years by 11.68% on an annualized basis, producing an average annual return of 21.11%. If an investor had bought $1000 of META stock 10 years ago, it would be worth $6,846.54 today.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 3:00 pm

XRPUSD

XRP's price has increased by 12.14% over the past 24 hours to $0.72, and by over 23.0% over the past week. The trading volume for the coin has increased by 84.0% over the past week, while the overall circulating supply of the coin has increased by 0.04% to over 53.62 billion. The current market cap ranking for XRP is #4 at $39.03 billion.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 3:00 pm

FIVN

In the last quarter, Five9 (NASDAQ:FIVN) received 5 bullish, 2 somewhat bullish, and 1 indifferent analyst rating. Over the past 3 months, 8 analysts have offered 12-month price targets for Five9, with an average price target of $87.25, a decrease of 5.78% from the previous average price target of $92.60.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 3:00 pm

DBGI

Shares of Digital Brands Group (DBGI) were halted on a circuit breaker after a significant increase of 45.4%. Trading resumed but was halted again due to downside movement.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:59 pm

APLS

Citron Research has released a report on Apellis Pharmaceuticals (APLS), stating that the company's successful days are over due to concerns over its drug, Syfovre. The drug, used for treating Geographic Atrophy, has been linked to retinal vasculitis, a side effect that has caused the company's stock to drop. Despite these reports, Apellis continues to stand by the safety of Syfovre.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:58 pm

TLT

UTEN

Hedge funds have been caught on the wrong side of the Treasury market as bond prices rallied due to a combination of factors including the Federal Reserve's decision to keep interest rates steady and a slump in employment growth. The iShares 20+ Year Treasury Note ETF (NASDAQ:TLT) and the U.S. Treasury 10 Year Note ETF (NYSE:UTEN) have seen substantial gains. Market speculators now suggest a greater likelihood of a rate cut in 2024.

Portfolio Pulse from Piero Cingari

November 06, 2023 | 2:50 pm

BVH

CREV

DISH

MLTX

SATS

VERB

US stocks traded higher with the Nasdaq Composite gaining around 50 points. Consumer discretionary shares jumped by 0.6% while real estate shares fell by 1.1%. DISH Network Corp reported Q3 revenue of $3.70 billion, missing the consensus of $3.72 billion. Carbon Revolution Public Limited shares shot up 546% after a merger with Twin Ridge Capital Acquisition Corp. Bluegreen Vacations Holding Corporation shares boosted by 106% after the company announced it would be acquired by Hilton Grand Vacations. Verb Technology Company shares were up by 52% amid the company announcing new technology integrations for its MARKET.live platform. MoonLake Immunotherapeutics shares dropped 25% after the company announced results of its phase 2 study treating active Psoriatic Arthritis. DISH Network Corporation shares were down 19% after the company reported Q3 results. EchoStar Corporation was down, falling 18% after the company reported worse-than-expected Q3 sales.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 2:48 pm

BVH

HGV

Hilton Grand Vacations (HGV) reported a Q3 FY23 sales decline of 8.8% YoY to $1.02 billion, missing the analyst consensus estimate. The company also announced the acquisition of Bluegreen Vacations (BVH) for $1.5 billion. HGV's revenues were affected by Maui wildfires and macro uncertainty. The company lowered its FY23 adjusted EBITDA outlook. HGV shares traded lower by 8.07%, while BVH shares are up 105.6%.

Portfolio Pulse from Shivani Kumaresan

November 06, 2023 | 2:48 pm

IBM

IBM (NYSE:IBM) has announced a quarterly dividend of $1.66 per share. The ex-dividend date is Thursday, meaning the stock will likely open $1.66 lower to reflect the payout. Shareholders owning IBM stock prior to the ex-dividend date are eligible for the dividend. The dividend will be paid out on December 09, 2023.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 2:45 pm