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Stock Prices

BROS

Analysts have provided ratings for Dutch Bros (NYSE:BROS) in the last quarter, with 1 somewhat bullish and 4 indifferent. The average 12-month price target for Dutch Bros is $31.2, a decrease of 2.5% from the previous average price target of $32.00.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 12:00 pm

FMC

FMC Corporation has reduced its FY23 revenue outlook from $5.20B-$5.40B to $4.48B-$4.72B, which is below the estimated $5.23B.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 11:58 am

CRM

EIX

EOG

LIVN

MCD

MDB

PINS

RNG

WBA

Several Wall Street analysts have updated their outlooks on various stocks. Alcoa Corporation (AA) and EOG Resources, Inc. (EOG) saw price target cuts and downgrades from B of A Securities and Citigroup respectively. Edison International (EIX) had its price target lowered by Evercore ISI Group but was upgraded to Outperform. McDonald's Corporation (MCD) and Salesforce, Inc. (CRM) had their price targets slashed by Barclays and Piper Sandler respectively. Walgreens Boots Alliance, Inc. (WBA) and Pinterest, Inc. (PINS) saw price target increases and upgrades from JP Morgan and Stifel respectively. LivaNova PLC (LIVN), MongoDB, Inc. (MDB), and RingCentral, Inc. (RNG) had their price targets cut by Needham, Keybanc, and Rosenblatt respectively.

Portfolio Pulse from Lisa Levin

October 23, 2023 | 11:47 am

FMC

FMC Corporation has revised its Q3 revenue outlook from $1.19B-$1.27B to $982M, which is below the estimated $1.21B. The company also cut its adjusted EPS from $0.90-$1.32 to $0.44, lower than the estimated $1.02.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 11:45 am

PTN

Palatin Technologies has announced a $5M registered direct offering. The company will issue and sell 2,358,491 shares of its common stock at a purchase price of $2.12 per share. Additionally, Palatin will issue warrants to purchase up to an aggregate of 2,358,491 shares of common stock at an exercise price of $2.12 per share.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 11:39 am

INVO

INVO Bioscience has agreed to acquire NAYA Biosciences in an all-stock transaction. NAYA Biosciences' shareholders will receive 7.3333 shares of INVO for each share of NAYA Biosciences, totaling approximately 18,150,000 shares of INVO. The combined company will operate under the name 'NAYA Biosciences'.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 11:36 am

SSBK

Southern States (NASDAQ:SSBK) reported Q3 earnings of $1.06 per share, beating the analyst consensus estimate of $0.74 by 43.24%. This is a 37.66% increase from the same period last year. However, the company reported quarterly sales of $17.84 million, missing the analyst consensus estimate of $20.30 million by 12.13%. This is a 14.14% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 11:36 am

FMC

FMC Corporation has updated its Q3 expectations and 2023 outlook, stating that its Q3 revenue and earnings outlook has been reduced primarily due to lower volumes in Latin America as destocking was more severe than anticipated.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 11:34 am

AKU

HARP

LMDX

ROIV

TGH

TRKA

XRTX

The article lists the top gainers and losers in pre-market trading. LumiraDx Limited's shares surged after a strategic collaboration with AstraZeneca and Everton. Akumin Inc. rose after an agreement with Stonepeak to go private. Textainer Group Holdings Limited gained after agreeing to be acquired by Stonepeak. Harpoon Therapeutics, Inc. climbed after disclosing updated interim data from a clinical trial. Roivant Sciences Ltd. rose after Roche agreed to acquire Telavant. Troika Media Group, Inc. fell after reporting financial results. XORTX Therapeutics Inc. dipped after a significant jump on Friday.

Portfolio Pulse from Lisa Levin

October 23, 2023 | 11:32 am

BGS

NUS

WBA

Three high-yielding dividend stocks in the consumer staples sector have been highlighted by Wall Street's most accurate analysts. These include Walgreens Boots Alliance, Inc. (WBA) with a dividend yield of 9.03%, B&G Foods, Inc. (BGS) with a yield of 8.97%, and Nu Skin Enterprises, Inc. (NUS) with a yield of 8%. Recent news for these companies include a settlement by WBA, an upsized offering by BGS, and upbeat Q2 earnings for NUS.

Portfolio Pulse from Lisa Levin

October 23, 2023 | 11:32 am