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NKTX

In the last quarter, Nkarta (NASDAQ:NKTX) received 7 bullish ratings from analysts. The company has an average 12-month price target of $13.86, representing a 25.08% decrease from the previous average price target of $18.50.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 12:00 pm

CFG

Citizens Financial Group Inc's shares are down by around 3% after the company missed Q3 FY23 earnings estimates. The company reported a 7% Y/Y revenue decline to $2.01 billion, missing the analyst consensus of $2.04 billion. Adjusted net income for the quarter decreased 33% Y/Y to $448 million. The board of directors declared a quarterly common stock dividend of $0.42 per share.

Portfolio Pulse from Lekha Gupta

October 18, 2023 | 11:58 am

BTCUSD

C

Robert Kiyosaki, author of 'Rich Dad Poor Dad', commented on the impact of inflation on different socioeconomic groups, stating that it exacerbates the financial struggles of the poor and middle class who primarily rely on dollars, while benefiting the wealthy who prioritize assets like gold, silver, and Bitcoin. He also mentioned Citibank's new service, Citi Token Services, which incorporates blockchain technology for instant payments. Kiyosaki has previously predicted that Bitcoin would reach $100,000.

Portfolio Pulse from Mehab Qureshi

October 18, 2023 | 11:55 am

TSM

According to industry sources, Taiwan Semiconductor Manufacturing Company (TSMC) plans to increase sub-7nm foundry quotes by 3-6% in 2024. However, quotes for 16nm and above process manufacturing will remain stable.

Portfolio Pulse from Charles Gross

October 18, 2023 | 11:48 am

SPR

Spirit AeroSystems anticipates an increase in revenue of approximately $395M in aggregate for the years 2024-2025. This is due to the combined impact of recurring shipset pricing adjustments for the 787 and 737 models.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 11:47 am

MS

Morgan Stanley's Q3 earnings report shows a 27% decline in Investment Banking revenues and a slight drop in Institutional Securities revenue, leading to a decrease in the company's share price.

Portfolio Pulse from Bill Haddad

October 18, 2023 | 11:46 am

EGP

INVH

PLD

Three real estate stocks with over 3% dividend yields have been highlighted by Wall Street's most accurate analysts. These include EastGroup Properties, Inc. (EGP), Prologis, Inc. (PLD), and Invitation Homes Inc. (INVH). Recent news for these companies includes better-than-expected sales for EGP, higher-than-expected rental revenues for PLD, and an upcoming Q3 2023 financial and operating results release for INVH.

Portfolio Pulse from Lisa Levin

October 18, 2023 | 11:44 am

SPR

Spirit AeroSystems expects its Q3 net revenues to be between $1.43 billion and $1.45 billion. However, the cost of sales is projected to be between $1.49 billion and $1.50 billion, resulting in a gross loss of $50 million to $60 million.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 11:43 am

BA

SPR

Spirit AeroSystems and Boeing have established recurring shipset price reductions on the 737 program, effective with Spirit's first unit delivery in 2026 through the last unit delivery in June 2033.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 11:40 am

QQQ

SPY

TSLA

US stocks are set for a weak opening due to uncertainty surrounding interest rates and inflation. Mixed earnings reports, including Tesla's Q3 print, are affecting market sentiment. Other factors include the spike in oil prices, sluggish Chinese economic growth, Middle East tensions, and the ongoing House Speaker election stalemate. The S&P 500 Index may not move above the 4,800 range, according to Comerica's Chief Investment Officer. In premarket trading, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF declined. Several companies, including Tesla and Netflix, are due to release their quarterly results.

Portfolio Pulse from Shanthi Rexaline

October 18, 2023 | 11:40 am