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LRHC

La Rosa Holdings Corp (NASDAQ:LRHC) has acquired a controlling interest in Horeb Kissimmee Realty, LLC, a franchisee that generated $10.8 million in revenue in 2022. The acquisition, along with the previous purchase of La Rosa Realty Lake Nona, Inc, is expected to double the company's top-line revenue. The company's shares closed higher by 7.66% at $2.53 on Wednesday.

Portfolio Pulse from Anusuya Lahiri

October 19, 2023 | 12:00 pm

PRLD

Over the past 3 months, 4 analysts have published their opinion on Prelude Therapeutics (NASDAQ:PRLD) stock. The company has an average price target of $9.5, representing a 16.15% decrease from the previous average price target of $11.33. Two analysts have given bullish ratings, while two remained indifferent.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 12:00 pm

SOFI

In the last quarter, SoFi Techs (NASDAQ:SOFI) received 5 bullish, 5 indifferent, and 1 somewhat bearish rating from analysts. The average price target is $10.91, indicating an upside from the current price of $7.71. This average has increased by 7.81% from the previous target of $10.12.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 12:00 pm

XYL

Analysts have provided various ratings for Xylem (NYSE:XYL) within the last quarter, with an average price target of $117.5, implying an upside from the current price of $91.06. This current average represents a 8.91% decrease from the previous average price target of $129.00.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 12:00 pm

FTNT

Fortinet (NASDAQ:FTNT) has received various analyst ratings in the last quarter, with a total of 8 bullish, 10 somewhat bullish, and 8 indifferent ratings. The average 12-month price target for Fortinet over the last 3 months is $78.35, a 4.1% decrease from the previous average price target of $81.70.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 12:00 pm

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) announced that the two spacecraft it is building for NASA's ESCAPADE mission to Mars have entered the system integration phase. The mission, planned for launch in 2024, aims to explore how the solar wind affects Mars' atmosphere. The spacecraft will be launched to low Earth orbit aboard a Blue Origin New Glenn launch vehicle provided by NASA. Rocket Lab's shares closed lower by 5.13% to $4.25 on Wednesday.

Portfolio Pulse from Nabaparna Bhattacharya

October 19, 2023 | 11:52 am

UNP

Union Pacific (NYSE:UNP) reported Q3 earnings of $2.51 per share, beating the analyst consensus estimate of $2.44 by 2.87 percent. However, this is a 21.32 percent decrease from the same period last year. The company's quarterly sales of $5.90 billion missed the analyst consensus estimate of $5.99 billion by 1.50 percent, marking a 10.14 percent decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 11:50 am

SUM

Summit Materials has filed a preliminary M&A-related proxy statement, causing its shares to spike higher.

Portfolio Pulse from Charles Gross

October 19, 2023 | 11:47 am

GILD

HUBS

VMW

VRTX

Insiders at HubSpot, VMware, Vertex Pharmaceuticals, and Gilead Sciences have recently sold significant amounts of shares. HubSpot's Executive Chair sold 8,500 shares, VMware's EVP sold 5,779 shares, Vertex Pharmaceuticals' Executive Chairman sold 12,962 shares, and Gilead Sciences' CFO sold 5,000 shares. These sales could indicate concerns about the companies' prospects or that the insiders view the stocks as overpriced.

Portfolio Pulse from Lisa Levin

October 19, 2023 | 11:42 am

T

AT&T Inc reported Q3 FY23 operating revenues of $30.35 billion, up 1% YoY, beating the consensus of $28.69 billion. Adjusted EPS of $0.64 also beat the consensus of $0.59. The results reflected higher Mobility, Mexico, and Consumer Wireline revenues, partly offset by lower Business Wireline revenues. The company raised its full-year free cash flow guidance and expects full-year adjusted EBITDA growth of better than 4%.

Portfolio Pulse from Anusuya Lahiri

October 19, 2023 | 11:41 am